The pea protein industry is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein market size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein is derived from yellow peas and is known for its high protein content, as well as being gluten-free and hypoallergenic, making it suitable for a wide range of dietary needs.
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