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 Market Analysis and Size
Pea flour is being progressively used as a functional food ingredient in the global market and is derived from the green and yellow peas. Gluten causes dermatitis herpetiformis, celiac disease, digestive tract illnesses and other health difficulties. This has presented opportunities for the gluten-free foods in the global market. Gluten causes dermatitis herpetiformis, celiac disease, digestive tract illnesses and other health difficulties. As a result, the demand for the gluten-free foods such as pea flour is rapidly increasing which eventually enhances the market growth.
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.
Pea Flour Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volume in Tons and Prices in USD
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Segments Covered
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Category (Organic, Inorganic), Type of Peas (Green, Yellow), Application (Food and Beverages, Animal Feed, Household/Retail), Distribution Channel (Direct, Indirect)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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
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Market Players Covered
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Ingredion (U.S.), Grain Millers, Inc. (U.S.), AGT Food and Ingredients (Canada), Golden Grain Mills (Australia), A&B Ingredients, Inc. (U.S.), Midlands Holdings (China), Barry Farm Foods (U.S.), Murlidhar Industries (India), r.c.marketing. (India), Informa Markets (U.S.)
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Market Opportunities
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Market Definition
Pea flour is a type of flour, which is mainly prepared from roasted yellow field peas. Roasting increases the nutritional value of flour by allowing more carbohydrates and proteins to be retrieved. Usually, peas were ground 3 times in stone mills motorized by water. The caramelization during roasting of yellow field pea gives the pea flour a brownish yellow colour, and gives the texture ranges from fine to resolute.
Pea flour Market Dynamics
Drivers
- Increasing Demand for Yellow Pea Flour Among Consumers
The increasing demand for yellow pea flour among consumers is expected to drive the growth rate of the market during the forecast period. Yellow pea flour is a major source of carbohydrates and photo protein. It also has medical appearances, which supports the market to grow. They are low in fat and rich in protein, fibre, and antioxidants. It's also been observed that the consumption of whole pulses lowers the level of glucose in blood after meals. It works well in scones, pancakes, cookies, batters, and other baked goods. Hence, increasing demand for yellow pea flour among consumers which will enhance the market growth
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Growing Focus of Market Players on Consumer Health
Increasing focus of market players on consumer health is anticipated to restrain the usage of wheat and rice flour, thus leading to a positive impact on the growth of the pea flour market. Gluten-free nature and ability of the pea flour product to improve the shelf-life and texture of food are expected to boost the market growth. Pea flour improves the complete nutritional content of the foodstuff, which is expected to increase the demand of this flour in the global market
Opportunities
- Rapidly Increasing Demand of Organic Pea Flour
The rapid growth of pea flour market is generally attributed to the increasing demand for organic products such as organic pea flour with the rising number of certified organic pea produce farms and growing trend of clean label products. The trend of clean label products is increasing as consumers opt for natural products such as organic pea flour, which have fewer additives and chemicals. Thus, increasing demand of organic pea flour will create lucrative opportunities for the market growth
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Health Benefits Associated with Consumption of Pea Flour
The availability of various nutritional elements in pea flour such as sodium, selenium, iron, potassium and magnesium is anticipated to increase its demand during the forecast period. The consumption of pea flour aids in curbing health problems such as diabetes, and cancer, coronary heart disease, obesity thereby leading to augmented consumption and create ample opportunities for the market growth
Restraint/Challenge
- Availability of Other Organic and Ordinary Protein Constituents
The pea flour market may be hindered by the availability of other organic and ordinary protein constituents. The increasing demand for oil-seed and nut-based flours such as soy, hemp and almond will hamper the growth of the market. Moreover, the digestion of pea flour is very difficult which may operate as a major obstruct for the market growth during the forecast period
This pea flour market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, Market share, impact of domestic and localized Market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Pea flour products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2020, according to the FORTUNE Magazine for the 12th year in a row, ADM has been most admired company overall the world in the food production industry. ADM has improved its brand image by getting this award which will increase more consumers to its portfolio
- In 2020, Limagrain Ingredients launched an extruded yellow pea flour product especially for pet food. This new ingredient offers a formulation with higher nutritional values while aiding manufacturers to meet consumer demands for clean-label and grain-free pet foods
Global Pea Flour Market Scope
The pea flour market is segmented on the basis of category, type of peas, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Category
- Organic
- Inorganic
Type of Peas
- Green
- Yellow
- Maple
- Marrowfat
Application
- Food and Beverages
- Animal Feed
- Household/Retail
Distribution Channel
- Direct
- Indirect
Pea Flour Market Regional Analysis/Insights
The pea flour market is analyzed and market size insights and trends are provided by country, category, type of peas, application and distribution channel as referenced above.
The countries covered in the Pea flour market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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
Asia-Pacific is expected to be the largest and North America to be the fastest-growing pea flour market. China, Japan, India, and Australia are the major countries offering promising growth opportunities. The region's market is expanding due to an increase in calorie-conscious consumers, which is increasing the rate of usage for drinks and highly populated countries in South East Asia consuming a large portion of these products. Over the forecast period, North America and Europe are also expected to provide significant growth opportunities.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pea Flour Market Share Analysis
The Pea flour market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pea flour market.
Some of the major players operating in the pea flour market are
- Ingredion (U.S.)
- Grain Millers, Inc. (U.S.)
- AGT Food and Ingredients (Canada)
- Golden Grain Mills (Australia)
- A&B Ingredients, Inc. (U.S.)
- Midlands Holdings (China)
- Barry Farm Foods (U.S.)
- Murlidhar Industries (India)
- r.c.marketing. (India)
- Informa Markets (U.S.)
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