1. What is the current size of the global peas industry market?
The global peas industry market is valued at USD 18.61 billion in 2026 and is projected to reach USD 22.32 billion by 2031, growing at a CAGR of 3.71%.
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The global peas industry market represents a critical node in the intersection of traditional agriculture and the rapidly expanding plant-based protein economy. Our proprietary primary research and expert interview cycle estimate the market at USD 18.61 billion in 2026, with a projected expansion to USD 22.32 billion by 2031, reflecting a steady CAGR of 3.71% . This growth is not merely a volume story; it is a structural transformation from a commodity feed crop to a high-value, identity-preserved ingredient for human nutrition.
North America remains the largest production and consumption bloc, holding an estimated 31.7% share of global value in 2026. However, Asia-Pacific is the fastest-growing region, forecast to expand at a 7.4% CAGR through 2031, driven by protein deficiency remediation programs and a rising flexitarian demographic. The field pea segment, particularly yellow peas, dominates the raw material supply, while the downstream pea protein and starch concentrate markets are creating unprecedented pull through the value chain.
The peas industry market is currently being reshaped by a confluence of dietary shifts, agricultural policy, and technological intervention. Our impact analysis quantifies the primary forces driving and restraining growth.
The peas trade is undergoing a significant geopolitical realignment. According to the World Bank's WITS database, historical trade flows show Canada as the dominant exporter (USD 905.5 million in 2018), followed by the Russian Federation (USD 228.1 million) and the United States (USD 141.8 million). However, recent shifts are disrupting this hierarchy.
The peas value chain is evolving from a linear commodity chain to a complex, multi-product biorefinery model. Upstream, seed companies and contract farmers supply field peas to aggregators and cooperatives. Midstream, fractionators (e.g., Roquette, Emsland Group, Ingredion, PURIS) process peas into protein isolates, starch concentrates, and fiber. Downstream, food and feed manufacturers utilize these ingredients in bakery, meat analogues, snacks, and aquaculture feed.
Procurement & Sourcing Strategy Recommendations:
The peas industry market presents varied opportunities across regions. North America offers a mature, high-value market with strong infrastructure and innovation ecosystems. Europe presents a policy-driven market with ambitious protein-autonomy targets. Asia-Pacific is the frontier for volume growth, driven by population and dietary transition.
Our analysis identifies several high-potential white spaces for investment and product development:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 3.71% from 2020-2034 |
| Segmentation |
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Our rigorous research methodology combines multi-layered approaches with comprehensive quality assurance, ensuring precision, accuracy, and reliability in every market analysis.
| Stakeholder Role | Interview Share (%) |
|---|---|
| Procurement Director | 30% |
| Chief Agronomist | 25% |
| Plant Operations Manager | 25% |
| R&D / Innovation Lead | 20% |
| Company Type | Representation (%) |
|---|---|
| Pea Growers & Cooperatives | 25% |
| Protein & Starch Fractionators | 30% |
| Food & Feed Manufacturers | 25% |
| Commodity Traders & Distributors | 12% |
| AgTech & Input Providers | 8% |
The global peas industry market is valued at USD 18.61 billion in 2026 and is projected to reach USD 22.32 billion by 2031, growing at a CAGR of 3.71%.
North America holds the largest market share at 31.7% in 2026, driven by strong demand for plant-based proteins and advanced processing infrastructure.
Asia-Pacific is the fastest-growing region, forecast to expand at a 7.4% CAGR through 2031, fueled by population growth and dietary shifts toward plant-based proteins.
Key drivers include rising demand from plant-based protein processors, feed industry reformulations favoring field peas, government support programs, soil-health benefits, and on-farm AI systems reducing harvest losses.
Challenges include pest and disease pressure (e.g., Ascochyta blight), high farm-gate price volatility, tightening herbicide residue limits in key import markets, and limited cold-chain capacity in emerging economies.
Key companies include Roquette Freres, Puris Foods, Emsland Group, Ingredion Incorporated, Cosucra Groupe Warcoing SA, AGT Foods, and Cargill.
The market is segmented by type (yellow peas, green peas), nature (conventional, organic), form (whole, split, flour), application (food products, animal feed, snacks, pet food), and geography.
The pea starch concentrate market is projected to grow from USD 1.4 billion in 2026 to USD 2.61 billion by 2036 at a 6.4% CAGR, driven by demand for clean-label bakery and gluten-free products.