Global Pea Flour Market Size, Trends and Growth Opportunity, By Category (Organic, Inorganic), By Type of Peas (Green, Yellow, Maple, Marrowfat), By Application (Food and Beverages, Animal Feed, Household/Retail), By Distribution Channel (Direct, Indirect), By Region and forecast till 2027.
Report ID : IR100127 | Industries : Food and Beverage | Published On :May 2024 | Page Count : 253
Global Pea Flour Market Size, Trends and Growth Opportunity, By Category (Organic, Inorganic), By Type of Peas (Green, Yellow, Maple, Marrowfat), By Application (Food and Beverages, Animal Feed, Household/Retail), By Distribution Channel (Direct, Indirect), By Region and forecast till 2027.
Global Pea Flour Market
Global Pea Flour Market was valued at 577,035.62 million in 2021 and is slated to reach at USD 1107,309.61 million by 2027 at a CAGR of 4.05% from 2022-2027.
Pea flour is a type of flour made primarily from roasted yellow field peas. Roasting flour boosts its nutritional value by allowing more carbohydrates and proteins to be extracted. Peas were typically processed three times in stone mills powered by water. The caramelization of yellow field pea flour while roasting gives it a brownish yellow colour and a texture that ranges from fine to firm.
Market Driver
Throughout the projected period, consumers' rising demand for yellow pea flour is anticipated to propel the market's growth rate. A significant source of carbs and photoprotein is yellow pea flour. Also, it has medical appearances, which aids in the market's expansion. They are high in protein, fibre, and antioxidants and low in fat. Also, it has been noted that eating whole pulses reduces blood glucose levels after meals. It functions well in batters for cookies, scones, pancakes, and other baked items. Thus, there will be a rise in consumer demand for yellow pea flour, which will accelerate market expansion. Increased consumer health awareness among industry participants is projected to reduce the consumption of wheat and rice flour, which will favourably affect the market for pea flour. The product's potential to increase food texture and shelf life as well as its lack of gluten are anticipated to boost market expansion. Since pea flour enhances the food's overall nutritional value, its demand is anticipated to rise on the international market.
The rapid rise of the pea flour industry is often ascribed to rising demand for organic products such as organic pea flour, as well as an increase in the number of certified organic pea produce farms and a growing trend towards clean label products. Clean label items are becoming more popular as people want natural products with fewer additives and chemicals, such as organic pea flour. As a result, rising demand for organic pea flour will generate attractive chances for market expansion. Pea flour's availability of numerous essential elements such as salt, selenium, iron, potassium, and magnesium are expected to boost demand during the projection period. Consumption of pea flour benefits in the prevention of health problems such as diabetes, cancer, coronary heart disease, and obesity, resulting in increased consumption and significant prospects for market expansion.
Market Restraints
The market for pea flour may be hampered by the accessibility of other natural and organic protein components. The market's expansion will be hampered by the rising demand for flours made from oil-seed and nut sources such soy, hemp, and almond. Moreover, pea flour has a very difficult time being digested, which could pose a significant barrier to the market's expansion during the projection period.
Impact of COVID-19
COVID-19 has had a negative influence on agricultural commodities, especially pea production, due to a lack of input and transportation infrastructure. The virus's spread had hampered the supply of agricultural products to markets and consumers, both within and across national borders.
Market Segmentation
Global Pea Flour Market is segmented into Category, Type of Peas, Application, and Distribution Channel. By Category such as Organic, Inorganic. By Type of Peas such as Green, Yellow, Maple, Marrowfat. By Application such as Food and Beverages, Animal Feed, Household/Retail. By Distribution Channel such as Direct, Indirect.
Regional Analysis
Global Pea Flour Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. According to its sizable food processing sector and rising celiac disease prevalence, Asia-Pacific currently holds a monopoly on the global pea flour market in terms of revenue and market share. Due to rising consumer awareness of the health benefits of food goods, China is the market leader in the Asia-Pacific for pea flour. With the large consumption of pea-based goods in the United States, North America is likely to be the fastest developing region throughout the projection period. Also, the development of pea-based food products among American customers is likely to fuel market expansion in this area.
Kay Players
This report includes a list of numerous Key Players, namely 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.).
Market Taxonomy
By Category
• Organic
• Inorganic
By Type of Peas
• Green
• Yellow
• Maple
• Marrowfat
By Application
• Food and Beverages
• Animal Feed
• Household/Retail
By Distribution Channel
• Direct
• Indirect
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Pea Flour Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Pea Flour Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Pea Flour Market, By Category
5.1 Y-o-Y Growth Comparison, By Category
5.2 Global Pea Flour Market Share Analysis, By Category
5.3 Global Pea Flour Market Size and Forecast, By Category
5.3.1 Organic
5.3.2 Inorganic
6 Global Pea Flour Market, By Type of Peas
6.1 Y-o-Y Growth Comparison, By Type of Peas
6.2 Global Pea Flour Market Share Analysis, By Type of Peas
6.3 Global Pea Flour Market Size and Forecast, By Type of Peas
6.3.1 Green
6.3.2 Yellow
6.3.3 Maple
6.3.4 Marrowfat
7 Global Pea Flour Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Pea Flour Market Share Analysis, By Distribution Channel
7.3 Global Pea Flour Market Size and Forecast, By Distribution Channel
7.3.1 Direct
7.3.2 Indirect
8 Global Pea Flour Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Pea Flour Market Share Analysis, By Application
8.3 Global Pea Flour Market Size and Forecast, By Application
8.3.1 Food and Beverages
8.3.2 Animal Feed
8.3.3 Household/Retail
9 Global Pea Flour Market, By Region
9.1 Global Pea Flour Market Share Analysis, By Region
9.2 Global Pea Flour Market Share Analysis, By Region
9.3 Global Pea Flour Market Size and Forecast, By Region
10 North America Pea Flour Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Pea Flour Market Share Analysis, By Category
10.3North America Pea Flour Market Share Analysis, By Type of Peas
10.4 North America Pea Flour Market Share Analysis, By Distribution Channel
10.5 North America Pea Flour Market Share Analysis, By Application
10.6 North America Pea Flour Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Pea Flour Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Pea Flour Market Share Analysis, By Category
11.3 Europe Pea Flour Market Share Analysis, By Type of Peas
11.4 Europe Pea Flour Market Share Analysis, By Distribution Channel
11.5 Europe Pea Flour Market Share Analysis, By Application
11.6 Europe Pea Flour Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Pea Flour Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Pea Flour Market Share Analysis, By Category
12.3 Asia Pacific Pea Flour Market Share Analysis, By Type of Peas
12.4 Asia Pacific Pea Flour Market Share Analysis, By Distribution Channel
12.5 Asia Pacific Pea Flour Market Share Analysis, By Application
12.6 Asia Pacific Pea Flour Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Pea Flour Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Pea Flour Market Share Analysis, By Category
13.3 Latin America Pea Flour Market Share Analysis, By Type of Peas
13.4 Latin America Pea Flour Market Share Analysis, By Distribution Channel
13.5 Latin America Pea Flour Market Share Analysis, By Application
13.6 Latin America Pea Flour Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Pea Flour Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Pea Flour Market Share Analysis, By Category
14.3 Middle East Pea Flour Market Size and Forecast, By Type of Peas
14.4 Middle East Pea Flour Market Size and Forecast, By Distribution Channel
14.5 Middle East Pea Flour Market Size and Forecast, By Application
14.6 Middle East Pea Flour Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
12.1 Competition Dashboard
12.2 Market share Analysis of Top Vendors
12.3 Key Development Strategies
16 Company Profiles
16.1 Ingredion (U.S.)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Grain Millers, Inc. (U.S.)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 AGT Food and Ingredients (Canada)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Golden Grain Mills (Australia)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 A&B Ingredients, Inc. (U.S.)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Midlands Holdings (China)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Barry Farm Foods (U.S.)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Murlidhar Industries (India)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 r.c.marketing. (India)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Informa Markets (U.S.)
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies