01 Pea milk is plant-based milk made by pressing dried peas, especially yellow peas, to get the milk out. Pea milk has all the essential nutrients for babies and toddlers like vitamin D, protein, fat, and calcium. It has 50% more calcium and half as much saturated fat as other milk alternatives. Pea milk is becoming popular in both developed and developing markets because of its umpteen health benefits.The growth of the pea milk market is attributed to the widescale adoption of veganism. Furthermore, health problems like lactose intolerance caused by a lack of lactase enzyme in the intestines and the alarming rise of obesity worldwide caused by eating too many fats drive the demand for dairy-free or vegan food products, which helps the pea milk market grow. The growing awareness of health issues and rising disposable income has also influenced the pea milk market significantly.
01 Soaring Demand for Plant-Based Milk The market of pea milk is boosting as more people are looking for plant-based milk. In the past few years, there has been a massive demand for plant-based milk that is made naturally, and this trend is expected to continue during the forecast period. The global market is also driven by the fact that more people are drinking pea milk because it is so healthy. Professionals in health and nutrition are also encouraging people to switch to plant-based milk, helping the pea milk market grow in developed countries.
02 Rise in the Disposable Income In the coming years, the growth of the pea milk market in Asia-Pacific is expected to be driven by the rise in disposable income of China's huge population. For example, according to the State Council Information Office in 2022, the median per capita disposable income of residents nationwide was 31,370 yuan, an increase of 4.7%. This indicates that more money in people's pockets gives market players a chance to strengthen their foothold in these countries, which helps the market grow. Also, manufacturers adding new flavors is expected to make a big difference in the growth of the global pea milk market.
03 Growing Vegan Population In the last few years, more and more people have become vegan. Consumers in countries like Canada are moving away from eating animal products and towards plant-based food that is made naturally and is healthier and cleaner. According to a report published by the Vegan Society, a charity organization that works for the promotion of vegan food, over 560,000 people signed up for Veganuary. During this campaign, people try to eat vegan for the whole month of January. This was a record number. So, a rise in the number of vegan consumers is likely to lead to an increase in the demand for plant-based products from different sources, which is a crucial growth driver for the global market and taking the pea milk market to new heights of profits and earn an exceptional revenue.
01 High Prices of Plant-Based Products The price of pea milk is more than that of regular milk and plant-based milk like almond and soy milk. Proteins, vitamins, calcium, phosphorus, vitamin D, B12, riboflavin, and magnesium are some essential nutrients in pea milk. Since pea milk has a lot of nutrients, it costs more to make, which drives up its overall price. Therefore, the high cost of pea milk could slow the growth of the market in countries like India and China, where consumers are price-conscious. Considering the global market, the high price of such plant-based products is the only major restraint for the market's growth, which can resist the market from progressing at certain places and during a specific period.
01 Increase in the Number of Consumers Allergic to Dairy Products Create Tremendous Market Opportunities People with milk allergies need plant-based drinks, especially pea milk, because they cannot drink regular milk or milk products. Pea milk and pea milk products are considered alternatives to dairy products as they are extracted from plants. Most people who cannot drink milk with lactose prefer pea milk. Also, pea milk's nutrients, vitamins, and calcium are similar to cow's milk, making it popular among people who cannot drink cow's milk.Furthermore, the launch of drinks with new flavors in the pea milk category is bringing in many new customers, which is a big part of the market's growth. Consequently, the growth of the global pea milk market is likely to benefit from the rise in the number of people who are allergic to dairy products.
December 2025 Ripple Foods secured USD 17 million in strategic financing from new and existing investors to expand its plant-based milk portfolio, launch organic offerings, and strengthen retail and foodservice distribution.
September 2025 Sproud launched a low-sugar Matcha pea protein-based milk alternative designed for hot and cold consumption and foaming applications, expanding its flavored plant-based beverage portfolio.
May 2025 Lantmännen Biorefineries acquired an approximately 10% minority stake in Sproud, strengthening its position in pea protein-based dairy alternatives and supporting Sproud's international expansion.