Pea Flour Trends and Forecast
The future of the global pea flour market looks promising with opportunities in the food & beverage, animal feed, and household/retail markets. The global pea flour market is expected to reach an estimated $33.6 billion by 2030 with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are rising consumer demand for yellow pea flour, growing focus of market players on consumer health, as well as, increasing demand of organic pea flour.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pea Flour by Segment
The study includes a forecast for the global pea flour by category, peas type, application, and region.
Pea Flour Market by Category [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Inorganic
Pea Flour Market by Peas Type [Shipment Analysis by Value from 2018 to 2030]:
• Green
• Yellow
• Maple
• Marrowfat
Pea Flour Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverages
• Animal Feed
• Household/Retail
Pea Flour Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pea Flour Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pea flour companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pea flour companies profiled in this report include-
• Ingredion
• Grain Millers
• AGT Food and Ingredients
• Golden Grain Mills
• A&B Ingredients
• Midlands Holdings
• Barry Farm Foods
• Murlidhar Industries
• r.c.marketing
• Informa Markets
Pea Flour Market Insights
Lucintel forecasts that yellow is expected to witness the highest growth over the forecast period.
Within this market, food & beverages will remain the largest segment.
APAC will remain the largest region over the forecast period due to high pea and pea-based product consumption and production, as well as, more flour processing mills and improved raw material availability contribute to the marketÄX%$%Xs development.
Features of the Global Pea Flour Market
Market Size Estimates: Pea flour market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pea flour market size by category, peas type, application, and region in terms of value ($B).
Regional Analysis: Pea flour market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different category, peas type, application, and regions for the pea flour market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pea flour market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the pea flour market size?
Answer: The global pea flour market is expected to reach an estimated $33.6 billion by 2030.
Q2. What is the growth forecast for pea flour market?
Answer: The global pea flour market is expected to grow with a CAGR of 12.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pea flour market?
Answer: The major drivers for this market are rising consumer demand for yellow pea flour, growing focus of market players on consumer health, as well as, increasing demand of organic pea flour.
Q4. What are the major segments for pea flour market?
Answer: The future of the global pea flour market looks promising with opportunities in the food & beverage, animal feed, and household/retail markets.
Q5. Who are the key pea flour market companies?
Answer: Some of the key pea flour companies are as follows:
• Ingredion
• Grain Millers
• AGT Food and Ingredients
• Golden Grain Mills
• A&B Ingredients
• Midlands Holdings
• Barry Farm Foods
• Murlidhar Industries
• r.c.marketing
• Informa Markets
Q6. Which pea flour market segment will be the largest in future?
Answer: Lucintel forecasts that yellow is expected to witness the highest growth over the forecast period.
Q7. In pea flour market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to high pea and pea-based product consumption and production, as well as, more flour processing mills and improved raw material availability contribute to the marketÄX%$%Xs development.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pea flour market by category (organic and inorganic), peas type (green, yellow, maple, and marrowfat), application (food & beverages, animal feed, and household/retail), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Pea Flour Market, Pea Flour Market Size, Pea Flour Market Growth, Pea Flour Market Analysis, Pea Flour Market Report, Pea Flour Market Share, Pea Flour Market Trends, Pea Flour Market Forecast, Pea Flour Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.