Pea Seeds are Primarily Used in Pig Feed Due to their Low Anti-Nutritional Factor Content and High Nutritional Value

The food and baking goods sector has a competitive nature that leads to intensified rivalry due to economic and technological advancement and customer demand. Several types of bread are manufactured worldwide, and the amount is increasingly growing to please customers. Bread with added pea flour is one of these emerging items in the consumer's market thanks to the nutritional content of the peas.        

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Global pea flour market is expected to reach USD 941,364.59 thousand by 2027 from USD 531,895.19 thousand in 2019, growing at a CAGR of 7.6% in the forecast period of 2020 to 2027. The growing consciousness towards the consumer's diet, including gluten-free flour bakery formulations and growing demand from the bakery, food and beverage sector is driving the growth of the pea flour market. The factors such as the availability of natural protein ingredients in other sources and the growth in demand of oil seed and nut-based flour, which provides a high amount of energy compared to pea flour, restrain the market growth.          

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The growth of the gluten-free flour used by most of consumers across the world will drive the market's growth rate

Multiple gluten-free bakery formulations utilize flours and starches containing little or no nutritional value. Yellow pea flour contains protein, dietary fiber, vitamins, and minerals. Adding yellow pea flour into gluten-free pita bread formulations creates the opportunity to provide nutritional benefits to consumers. The growing demand for gluten-free flour and pulse in bakery items and others is driving the market's growth at a significant rate for the global pea flour market.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2020 to 2027

Base Year

2019

Historic Years

2018 (Customizable to 2013 - 2018)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Category (Organic, Inorganic), Type of Peas (Green Peas, Yellow Peas), Application (Food & Beverages, Animal Feed, Household/Retail), Distribution Channel (Direct, Indirect)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Market Players Covered

AGT Food and Ingredients (Canada), Bob's Red Mill Natural Foods (U.S.), Batory Foods (U.S.), Limagrain Holding Group (France), Hodmedod's British Pulses & Grains (U.K.), Avena Foods Limited (Canada), Vestkorn (Norway), Diefenbaker Spice & Pulse (Germany), Mirfak Pty Ltd (Australia), SURESHCHAND RAMESHCHAND (India), Novofarina (U.K.), Barry Farm Foods (U.S.), Cates Grains & Seed (New Zealand), Spice Mecca (South Africa), Hansco Distributors Inc. (Canada), SpiceEE (India), Ingredion Incorporated (U.S.), Midlands Holdings (Hong Kong), ADM (U.S.), ANCHOR INGREDIENTS (U.S.), Hearthy Foods (India), Golden Grain Mills (Australia), PAULA Ingredients (Poland) and K2 Milling (Canada) among others         

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

Global pea flour market is categorized into four notable segments which are based on the basis of category, type of peas, application and distribution channel.

  • On the basis of category, the pea flour market is segmented into inorganic and organic. In 2020, inorganic segment is dominating the pea flour market with the market share of 84.11% owing to factors such as contemptible price and alleviate of production in the segment.
  • On the basis of type of peas, the pea flour market is segmented into yellow peas and green peas. In 2020, yellow peas segment is dominating the pea flour market with the market share of 63.86% owing to factors such as yellow peas which are rich source of proteins and provides various health benefits such as heart problem and healthy blood, making it a good iron food source for vegetarians and also used as an ingredient for making besan flour and yellow peas flour, among others.
  • On the basis of application, the pea flour market is segmented into food & beverages, animal feed and household/retail. In 2020, food & beverages segment is dominating the pea flour market with the market share of 68.79% as pea flour is majorly preferred in cakes, bread and snacks, biscuits and convenience food due to its high protein value and intake by the consumer for the growth.

The food & beverages segment will dominate the application segment of the pea flour market

The food & beverages segment will emerge as the dominating segment under application with approximately 69.00% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.

  • Based on distribution channel, the pea flour market is segmented into direct and indirect. In 2020, direct segment is dominating the pea flour market with the market share of 63.46% owing to factors as it is basic food ingredient for the manufacturing of food products.   

The direct segment will dominate the distribution channel segment of the pea flour market

The direct segment will emerge as the dominating segment distribution channel segment. This is because of the growing number of direct tenders in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the market players in pea flour market: AGT Food and Ingredients (Canada), Bob's Red Mill Natural Foods (U.S.), Batory Foods (U.S.), Limagrain Holding Group (France), Hodmedod's British Pulses & Grains (U.K.), Avena Foods Limited (Canada), Vestkorn (Norway), Diefenbaker Spice & Pulse (Germany), Mirfak Pty Ltd (Australia), SURESHCHAND RAMESHCHAND (India), Novofarina (U.K.), Ingredion Incorporated (U.S.), Midlands Holdings (Hong Kong), ADM (U.S.), ANCHOR INGREDIENTS (U.S.), Hearthy Foods (India), Golden Grain Mills (Australia), PAULA Ingredients (Poland) and K2 Milling (Canada)

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Market Development

  • In March 2019, ADM INTRODUCED new line of organic flours to comprehensive range of flour, milled products with high performing organic flours which are USDA organic-certified facility to provide consistent wheat procurement and processing tailored to meet customer needs. The new product line is going to deliver consistent taste and texture in the baked products meeting the organic foods demand driven by label conscious consumers
  • In January 2020, ADM has been named among the world's most admired companies in the food production industry by FORTUNE Magazine for the 12th year in a row. ADM has increased its brand image by receiving this award which will add more customers to its portfolio
  • In May 2019, the American Bakers Association for its safety accomplishments honoured ADM. The award benefitted the company in enhancing its credibility and the brand image that has increased global sales and profit maximization for the company.

Regional Analysis

Geographically, the countries covered in the pea flour market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in pea flour market during the forecast period 2020 - 2027

The market for pea flour is predicted to be dominated by North America due to the region's rising interest in foods and goods that promote good health. Owing to these regions have sizable food processing sectors, it is anticipated that the region will continue to flourish its dominance.

Asia-Pacific is estimated to be the fastest growing region in pea flour market the forecast period 2020 - 2027

Asia-Pacific will experience significant growth. Additionally, these areas are seeing an increase in the prevalence of disorders such as celiac, obesity, and so on. The markets for pea flour in Asia-Pacific will benefit from this.

COVID-19 Impact

The COVID-19 pandemic helped the market grow, and the post-pandemic phase will keep the market's growth rate moving forward. The popularity of online food and grocery stores has further pushed the market's growth rate. Also, greater emphasis being made on the health and nutrition will further propel the market growth.

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