South Korea Pea Protein Market

South Korea Pea Protein Market Insights Forecasts to 2035

• The South Korea Pea Protein Market Size Was Estimated at USD 93.83 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 12.79% from 2025 to 2035
• The South Korea Pea Protein Market Size is Expected to Reach USD 352.7 Million by 2035

According to a research report published by Decision Advisors, the South Korea Pea Protein Market Size is Anticipated to Reach USD 352.7 Million by 2035, growing at a CAGR of 12.79% from 2025 to 2035. The pea protein market in South Korea is driven by various factors, including rising demand for plant-based diets, government support for sustainable agriculture, and technological advancements in protein processing.

Market Overview

The South Korean pea protein market focuses on the production, distribution, and sale of protein derived from yellow peas. Pea protein is a high-quality plant-based protein derived mostly from yellow split peas. They are rich in essential amino acids, iron, and arginine and can serve as a suitable substitute for animal-derived proteins such as whey and casein. Pea protein comes in three forms: concentrate, isolate, and textured protein. It is widely utilized in food and beverage products, dietary supplements, and animal feed. A primary driver of the pea protein market is increased consumer health and wellness awareness, which is shifting preferences toward plant-based, allergen-free, and clean-label goods. Pea proteins fit well into this trend due to their high nutritional value and compatibility for people who are lactose intolerant or gluten sensitive. This trend also presents an opportunity for manufacturers to develop innovative food products such as vegan meat, dairy alternatives, and protein snacks using pea protein.

Report Coverage

This research report categorizes the market for the South Korea pea protein market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea pea protein market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea pea protein market.

Driving Factors

The rising consumer focus on health, nutrition, and wellness is one of the major contributors to this market. Pea proteins allergen-free, gluten-free, and dairy-free nature makes it suitable for consumers with food sensitivities, boosting its market demand. Rising fitness trends and demand for natural protein supplements drive pea protein use in powders, bars, and shakes for muscle recovery. Additionally, advancements in food processing and formulation technologies have enhanced pea proteins taste, texture, and functionality, boosting their adoption across multiple food applications.

Restraining Factors

Pea proteins complex extraction and purification processes raise production costs, making it costlier than traditional animal or soy-based protein sources is one of the major restraints for this market. Additionally, limited consumer awareness regarding its nutritional benefits and applications also hinders the market growth.  

Market Segmentation

The South Korea pea protein market share is classified into product and form.   

• The isolates segment holds a dominant share of the market in 2024 and is expected to grow at a rapid CAGR during the forecast period.    

The South Korea pea protein market is segmented by product into isolates, concentrates, textured, and hydrolysates. Among these, the isolates segment holds a dominant share in 2024 and is anticipated to grow at a rapid CAGR during the forecast period. This is due to they are rich in essential amino acids, which are necessary for muscle growth and recovery. They also contain high quantities of iron and are easily digested, making them an excellent choice for health-conscious customers.

• The dry segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.  

The South Korea pea protein market is segmented by form into dry and wet. Among these, the dry segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to their stability enables simple storage and transit, making it suitable for a variety of applications such as protein powders, snack bars, and meal replacements. Additionally, the ease of dry pea protein is in line with current customers' busy lifestyles, who want quick and easy solutions to satisfy their nutritional demands.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea pea protein market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Shandong Jianyuan Group
• Fenchem Biotek Ltd.
• Yantai Shuangta Food Co., Ltd.
• Cargill, Inc.
• Roquette Korea
• Ingredion Incorporated
• Kerry Group plc  
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the South Korea, regional, and country levels from 2020 to 2035. Decision Advisorshas segmented the South Korea Pea Protein market based on the below-mentioned segments:

South Korea Pea Protein Market, By Product

• Isolates
• Concentrates
• Textured
• Hydrolysates

South Korea Pea Protein Market, By Form

• Dry
• Wet

1. What is the CAGR of the South Korea pea protein market over the forecast period?

The South Korea pea protein market is projected to expand at a CAGR of 12.79% during the forecast period.

2. What is the market size of the South Korea pea protein market?

The South Korea pea protein market size is expected to grow from USD 93.83 Million in 2024 to USD 352.7 Million by 2035, at a CAGR of 12.79% during the forecast period 2025-2035.

3. Who are the top companies operating in the South korea pea protein market?

Key players in the South Korea pea protein market include Shandong Jianyuan Group, Fenchem Biotek Ltd., Yantai Shuangta Food Co., Ltd., Cargill, Inc., and Roquette Korea.

4. What are the main drivers of growth in the South Korea pea protein market?

Rising vegan population, health awareness, demand for allergen-free foods, and sustainability trends are driving South Korea’s growing pea protein market.

5. What challenges are limiting the South Korea pea protein market?

High production costs, limited local raw material supply, and competition from soy and other plant proteins restrict South Korea’s pea protein market growth.