Pea Flour Market Size, Share, Key Growth Drivers, Trends, Challenges and Competitive Landscape
Pea Flour Market Size, Share, Key Growth Drivers, Trends, Challenges and Competitive Landscape
Blog Article
"Global Pea Flour Market – Industry Trends and Forecast to 2030
Global Pea Flour Market, By Category (Organic, Inorganic), Type of Peas (Green, Yellow, Maple, Marrowfat), Application (Food and Beverages, Animal Feed, Household/Retail), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2030.
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Data Bridge Market Research analyses that the pea flour market which was USD 755,035.26 million in 2022, would rocket up to USD 1407,903.16 million by 2030, and is expected to undergo a CAGR of 5.07% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
**Segments**
- **Type:** The pea flour market can be segmented based on type into whole pea flour and split pea flour. Whole pea flour is made from the whole peas whereas split pea flour is made from split peas, offering different textures and flavors for various culinary applications.
- **Application:** Pea flour finds applications in a wide range of industries such as food and beverages, animal feed, and others. In the food and beverages industry, pea flour is used in bakery products, snacks, baby food, and as a thickening agent in soups and sauces. In the animal feed industry, pea flour is utilized for its high protein content in pet food and livestock feed.
- **Distribution Channel:** The distribution of pea flour can be segmented into direct sales and indirect sales. Indirect sales further include supermarkets/hypermarkets, specialty stores, online retail, and others. Direct sales are usually preferred by manufacturers for bulk orders, while indirect sales channels cater to individual consumers through retail outlets and e-commerce platforms.
**Market Players**
- **Roquette Frères**
- **Cosucra Groupe Warcoing SA**
- **AGT Food and Ingredients**
- **Yantai Oriental Protein Tech Co., Ltd**
- **Emsland Group**
- **Vestkorn Milling AS**
- **Parabel USA Inc.**
- **Axiom Foods, Inc**
- **Puris Foods**
- **The Scoular Company**
The global pea flour market is experiencing significant growth driven by the increasing awareness regarding the health benefits associated with pea-based products. Pea flour is gaining popularity as a gluten-free alternative with high protein content, making it suitable for consumers following vegetarian, vegan, or gluten-free diets. The rising demand for plant-based protein sources, along with the growing trend of clean label products, is further propelling the market growth for pea flour.
In terms of regional analysis, North America is a key market for pea flour, owing to the rising demandNorth America holds a significant share in the global pea flour market due to several factors. The region's strong market position can be attributed to the increasing consumer inclination towards healthy and plant-based food products. Consumers in North America are becoming more health-conscious and are actively seeking out alternative protein sources, which is driving the demand for pea flour. Additionally, the region has a well-established food and beverages industry that is constantly innovating to meet the changing consumer preferences.
Moreover, the clean label trend is gaining momentum in North America, with consumers showing a preference for products that are free from artificial additives and ingredients. Pea flour aligns well with this trend as it is a natural and minimally processed ingredient that offers various nutritional benefits. The clean label movement is prompting food manufacturers in the region to incorporate pea flour into their product formulations to cater to the shifting consumer demand for transparent and healthier food options.
Furthermore, the rise in gluten-free diets among consumers in North America is also driving the demand for pea flour. Pea flour serves as an excellent gluten-free alternative in various food applications, including baking, snacks, and soups. As gluten intolerance and celiac disease awareness increase in the region, the market for gluten-free ingredients like pea flour is witnessing substantial growth.
Another factor contributing to the growth of the pea flour market in North America is the increasing adoption of plant-based diets. Many consumers are opting for vegetarian or vegan lifestyles for health, ethical, or environmental reasons. Pea flour, being a plant-based protein source, is well-positioned to capitalize on this trend as it offers a sustainable and nutritious alternative to animal-derived proteins.
In conclusion, North America's robust demand for pea flour is driven by factors such as the growing awareness of health benefits, clean label preferences, gluten-free dietary trends, and the shift towards plant-based diets. With a favorable consumer outlook and a thriving food industry, the region is expected to continue supporting the growth of the global pea flour market in the foreseeable future.**Segments**
- **Type:** The pea flour market can be segmented based on type into whole pea flour and split pea flour. Whole pea flour is made from the whole peas whereas split pea flour is made from split peas, offering different textures and flavors for various culinary applications.
- **Application:** Pea flour finds applications in a wide range of industries such as food and beverages, animal feed, and others. In the food and beverages industry, pea flour is used in bakery products, snacks, baby food, and as a thickening agent in soups and sauces. In the animal feed industry, pea flour is utilized for its high protein content in pet food and livestock feed.
- **Distribution Channel:** The distribution of pea flour can be segmented into direct sales and indirect sales. Indirect sales further include supermarkets/hypermarkets, specialty stores, online retail, and others. Direct sales are usually preferred by manufacturers for bulk orders, while indirect sales channels cater to individual consumers through retail outlets and e-commerce platforms.
Global Pea Flour Market, By Category (Organic, Inorganic), Type of Peas (Green, Yellow, Maple, Marrowfat), Application (Food and Beverages, Animal Feed, Household/Retail), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2030:
- Pea flour is witnessing significant market growth, driven by the increasing demand for plant-based protein sources and the surge in clean label product preferences.
- The market players in the global
Key points covered in the report: -
- The pivotal aspect considered in the global Pea Flour Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Pea Flour Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Pea Flour Market.
- The Global Pea Flour Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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