The global pea fiber sales are estimated to be worth 1,802.8 million USD in 2024 and are projected to reach a valuation of 2,964.7 million USD by 2034, expanding at a robust CAGR of 5.1% from 2024 to 2034.
The market for pea fiber has been expanding over the last few years because of changes in demand and advancements in production among many producers. Companies are using spending on new-enhanced processing technologies and strategic partnership for increasing the market share. For example, there is an increased demand for pea fiber where producers are improving production capacities to meet the growing industry driven by increased consumer concern for natural plant-derived proteins.
It partially attributed by increasing consciousness of high-fiber diets and concerns over improved environmental sustainability of materials. With heightened concerns towards natural and clean-label ingredients, manufacturers are now keen on creating product solutions that meet the diversified consumers’ requirements.
One of the major strategies that manufacturers are adopting is the broadening of the manufacture capacity. Some organizations have expanded capacities and other have modernized their facilities so they can sustain with the demands. They are also trying out on superior techs in relation to the raw materials in order to improve the productivity of the process in addition to the quality of the final product.
Due to development of processing tools in production of pea fiber, various grades which suit the needs of various users in the chain can now be manufactured. This has also impacted on the cost of production, where overall costs have been decreased and therefore the price of the products is lowered and they appeal to consumers and therefore has an impact on demand.
Healthy living and nutrition especially in weight management has been a major influence towards the growth of this segment. Because the consumer base is increasingly aware about the composition of foods they are consuming, they are looking for products, which contain natural fibers.
This increased awareness is making a lot of companies to promote their products aggressively by associating it with various health benefits like better digestion, method for losing weight and so on. The interest on functional foods, including high fiber foods elsewhere in the world has particularly increased due to people desire for foods with high nutritional values.
Attributes | Description |
---|---|
Estimated Global Industry Size (2024E) | USD 1,802.8 million |
Projected Global Industry Value (2034F) | USD 2,964.7 million |
Value-based CAGR (2024 to 2034) | 5.1% |
Recent developments in production capabilities and technology are allowing producers to provide a more extensive array of good-quality pea fibre products to meet a wide range of demanded uses in different sectors of the food and beverages, pharmaceutical and cosmetics industries. Further, the trends of clean-label products and the clean eating movement is contributing towards a surge in this market.
Manufacturers are thus positioning themselves to capture a greater share of this growing industry by ensuring that the products they offer are in trends with those of the consumers while investing in the increase of capacity.
Conclusively, the global demand for this natural fiber is set to increase because of the enhanced awareness of health and wellness among people, plant-based diets, and the increased incorporation of these ingredients in pet foods.
To this, manufacturers are scaling up their capacities, enhancing the processing effectiveness, and ensuring high quality, which fuels the continuous growth of the sector. These two changes that are still happening in the consumer market and manufacturing strategies are anticipated to propel the growth of the industry in the coming years.
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Clean labelled solution by several manufacturers for high fibre and nutrient dense food
Consumers are increasingly concerned with the source and method of production of the food they consume and thus the demand for clean-label food solutions is rapidly increasing. Manufacturers are therefore working hard to produce products that contain high levels of fibre and nutrients, but are devoid of artificial additives, preservative and other chemicals. Such products suit customers that have embraced the use of natural products in their day-to-day lives.
Consumers can be trusted by providing clean-label solutions that can position the products of the companies in a better manner from other similar products. Furthermore, clean-label products are launched with sustainability and responsibility for the environment, which is quite popular with the populace of the twenty-first century. This move away from complicated, hard to pronounce and general additive is opening up opportunities for brands to position themselves as suppliers of meaningful, proper, safe, good and healthy foods.
This trend does not only address the current consumer needs, but also stimulates advancements in the food industry where the manufacturers are seeking ways on how to improve their products by formulating new products with transparency in adherence to health and wellness concerns.
Increased obesity crisis leveraging natural plant based ingredients
With an increasing incidence of obesity across the world, more clients are searching for ways to enlist elements that would allow them to consume better calories and also maintain proper weights. This has led to change of new concept on use of natural, plant based products in daily meals. Such ingredients are considered to be natural and therefore healthier than synthetic or processed food additives with advantages like improved digestion, easy and healthy weight loss, and better metabolism.
People aiming at weight loss or body fat regulation are paying much attention to diet and products that provide them with high levels of dietary fiber to ensure that they cannot eat beyond their appetite. Therefore, food manufacturers have started developing new products in the market, the targeted audience this time is the elder, with special emphasis on using plant-based high fiber products.
The concern for weight management is not only driving the consumer towards the purchase of the health food product, but also ensuring the manufacturers to innovate more products, so as to cater the need of the health conscious population, so creating more opportunities within the industry.
Key functionalities of pea fibre like providing the solution to end user industries
In the food industry, the texture and the moisture of the produced products affect the consumption to a large extent. Plant based fibers due to their functions like improving the texture or providing water holding capacity has made them to become an important component/addition in various food applications uniquely. In the bakery, snacks, and meat-based products, the mentioned fibers can be utilized to improve the quality of products through improved texture and improved moisture content, shelf life and mouth feel.
As a result, manufacturers have adopted the use of these functional ingredients in their products to satisfy the consumer preference for quality, tasty foods. In the case of texture improvement and water retention, there are possibilities of cutting on synthetic additives while enhancing on the quality and appeal of the final products that consumers find desirable.
Increasing opportunities for manufacturers to develop pea fiber for pet food due to rising demand of plant based pet food
Like other food products, the shift towards plant-based diets for humans is being reflected in pet food as well. In light of this, there is a growing demand for plant-based products for pets especially from pet owners who practice plant-based diets as well. This shift is paving way for invention of new products to meet the high standard food for pets from manufactures in accordance to the current demand.
The use of plant-based fibers makes it possible for the manufacturer to deliver the nutritional needs of the pet without compromising on the wishes of the pet owner to have natural and eco-friendly products. Plant based pet food industry will grow further as consumers are becoming more aware about the environmental and ethical aspect of using animal products for their pets.
Advanced processing equipments boosting the efficiency and production
The use of sophisticated processing equipment is being considered a major factor that is enhancing the productivity of production processes. These technologies enable manufacturers work on plant based ingredients in a more efficient manner thereby cutting on costs and increasing production. By the use of these technologies, it becomes easy for producers to produce higher volumes of productions without compromising on the quality of the final production.
In addition, improved technology also allows the creation of different types of fiber, and thus a variety of products can be manufactured and developed in line with the needs of certain industries. The application of these technologies will enable firms to improve their productivity and profitability of processing natural food ingredients that meet the increasing global demand.
Efficient quality control, production of different grades of pea fibre and key health benefits elevating the global industry
Quality control is another important aspect of production and this is being enhanced by the integration of strict measures by the manufactures. This concern towards quality goes not only to the consumers’ protection but also to the improvement of the market image. That is why manufacturers are introducing different grades of plant-based ingredients aimed at various application, including in food and beverages, pet food, and other industries, including pharmaceuticals.
The health boost of digestion, weight loss and heart health that comes with such products take the plant-based food sources to another level. When the importance of implementing quality control strategies is maintained within the context of an organization, companies can indeed set themselves in the right path in the vision to distinguishing themselves within the current global economic environment, with assurance of a long-term growth in establishments.
Global sales increased at a CAGR of 4.7% from 2019 to 2023. For the assessment period of 2024 to 2034, the projections showcase that value will expand at a CAGR of 5.1%.
In recent years, slow and steady sales of different varieties of fibers can be attributed to the rising fitness and nutrition industry. With consumers' rising consciousness about health and wellness and the expanding nutrition industry, the demand for such components including pea fiber has skyrocketed. The limited protein sources for vegetarians have also propelled sales.
With the evolving methods and the rise of advanced processing techniques, it has become easier for companies to produce high amounts of good quality fiber in a shorter period, catering to diverse consumer demands. In addition, collaborating with wholesalers and retailers helps the brands to better position their products in the business landscape and make them available on shelves of convenience stores. This ensures the availability for not only retail purposes but also food service and industrial applications.
Tier 1 companies comprise leaders with revenue of above USD 30 million capturing a significant share of 50% to 60% in the global market. High production capacity and a wide product portfolio characterize these leaders. These leaders are distinguished by their extensive expertise in manufacturing and reconditioning across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of series including reconditioning, recycling, and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality. Prominent companies within Tier 1 include Roquette Freres SA, AGT Foods & Ingredients, COSUCRA, Quadra Chemicals, PURIS and others.
Tier 2 companies include mid-size players with revenue of USD 10 to 30 million having a presence in specific regions and highly influencing local consumption. These are characterized by a strong presence overseas and strong product knowledge. These players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach. Prominent companies in tier 2 include Vestkorn Milling AS, AM Nutrition, Emsland Group, CFF GmbH & Co. KG, and others.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche spheres having revenue below USD 10 million. These companies are notably oriented towards fulfilling local demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, in this context, is recognized as an unorganized business, denoting a sector characterized by a lack of extensive structure and formalization compared to organized competitors.
The following table shows the estimated growth rates of the top three countries. USA, Germany and India are set to exhibit high consumption, and CAGRs of 3.3%, 3.7% and 4.8% respectively, through 2034.
Countries | CAGR 2024 to 2034 |
---|---|
United States | 3.3% |
Germany | 3.7% |
India | 4.8% |
This concept focuses on products with little or no added chemical ingredients for different foods in Germany, clean label products are dominated due to consumer demands for simple and easy to understand ingredients list. One such ingredient surfacing the markets is pea fiber, which has the label of being a more ‘natural’ solution for health and wellbeing without adjacent heavy typically included in them.
The German consumer’s last thing that they would want is to food that is adulterated with additives and preservatives and thus the inclusion of pea fiber was seen as endorsement to their ambitions of producing natural food. This trend forms the market of pea fiber in Germany, and given that it is dynamic, it continues to affect both the development and the marketing of this product.
Rising Demand for Vegan and Vegetarian Products There is a significant demand for vegan and vegetarian products in India and the same is affecting the pea fiber market. Increasingly consumers are becoming conscious about their intake of plant-based products, and the supplement industry is following this trend with an increasing demand for plant-derived substances such as pea fiber.
Pea fibre is being incorporated into most of the traditional and new generation vegetarian products to make nutritional improvements and to be continues to suit the consumers who are health conscious. This trend is in line with the general increased trend in the intake of plant based foods experienced in India; the market for pea fiber is therefore expected to grow.
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Segment | Organic (Nature) |
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Value Share (2024) | 32.8% |
A rising trend for the consumption of the organic foods is enhancing the use of the organic ingredients. Consumer interest in clean-label and non-GMO products has made them embrace organic foods to match their health and environmental concerns. This is mainly because organic products are regarded as being healthier for the consumers and also more friendly to the environment than inorganic products.
This way companies can satisfy the current needs for green products that many consumers are willing to purchase instead of consuming chemical-filled foods. This trend is similar to the global trend where consumers look for ‘organic and clean-label,’ food products creating more opportunities to grow.
Segment | Baked products (End Use) |
---|---|
Value Share (2024) | 35.6% |
In products like bread, cakes, pastries etc., the use of fiber-enriched ingredients is the most prominent trend due to the functional aspect of fiber. Solids-inclusion of fiber increases the ability of a product to retain moisture which in turn increases the product’s shelf life and improves its texture when used in baked products. Moreover, fiber is known to have a number of health effects, including those for the gastrointestinal tract and blood glycemic control.
As consumers become more health-conscious, they demand products with more fibers making the ingredient of choice among producers. This trend is also in line with the waking need of the consumers for products that are enriched in fiber, since fiber enriched bread or baked products provide a tasty yet nutritious, healthy treat for the customer.
The global business landscape for fiber used in the industry is becoming an industrial solution for the changing demands of the food industry. Over the past few years, there are certain sources of fiber including pea fiber used for different food manufacturing have become popular across the end-user industries due to advanced research and innovation of key players like Roquette Freres SA and AGT Foods & Ingredients.
As more and more the food industry relies on the different key ingredients for new product developments, fiber will play a crucial role in increasing the nutritional value of the products. Key players are coming up with different solutions for the different products to enhance the quality of products. Companies are coming up with products that can easily approved by regulatory bodies.
By nature, industry has been categorised into Conventional and Organic.
Two Product types Pea Hull Fiber and Pea Cell wall fiber considered after the exhaustive research.
End Use Applications like Breakfast cereals, Baked products, Meat products, Pharmaceuticals, Nutraceuticals, Animal feed, Others, Snack foods, Pasta and crackers are included in the report.
Distribution channels like Online and Offline are included in the report.
Industry analysis has been carried out in key countries of North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia, and Oceania
Throughout the forecast period, the business landscape is expected to grow at a CAGR of 5.1%.
By 2034, the sales value is expected to be worth USD 2,964.7 million.
Rising vegan trend and awareness about human nutrition are expected to boost sales.
Europe is expected to dominate the global consumption.
Some of the key players in manufacturing include Kemin Industries, Inc., AFB International, Ohly, Lyka, BRF Ingredients, Symrise, DSM, ADM, Profypet, Trilogy Flavors, Susheela Group, Kerry Group plc and others
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