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Pea Flakes Market 2023 - Growth Drivers, Regional Scope, Competitive Landscape And Forecast to 2032
Pea Flakes Market
Pea Flakes Market Size, Growth Rate, And Forecast
The global pea flakes market is expected to grow from $1.68 billion in 2022 to $1.87 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pea flakes market is expected to grow to $2.78 billion in 2027 at a CAGR of 10.4%.
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Pea Flakes Market Drivers
The increasing expenditure on superfoods or healthy food products is expected to propel the growth of the pea flakes market going forward. Superfoods or healthy food products are defined as nutrient-dense meal, like salmon, broccoli, or blueberries, that are thought to be good for one's health because it contains antioxidants, fiber, or fatty acids.
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Pea Flakes Market Segments
• By Type: Yellow Pea, Green Pea
• By Nature: Organic, Conventional
• By Application: Food Processing, Animal Feed
• By Distribution Channel: Hypermarket or Supermarket, Convenience Stores, Online
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pea Flakes market.
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Pea Flakes Market Key Players
Major competitors in the Pea Flakes market include GEMEF Industries, PE Levona, JR Farm GmbH, BP Milling Ltd., Dumoulin S.A., Green Foods LLP, Inland Empire Foods Inc.
The Business Research Company's "Global Pea Flakes Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Pea Flakes Market Include:
1. Executive Summary
2. Pea Flakes Market Characteristics
3. Pea Flakes Market Trends And Strategies
4. Pea Flakes Market - Macro Economic Scenario
5. Pea Flakes Market Size And Growth
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26. Africa Pea Flakes Market
27. Pea Flakes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pea Flakes Market
29. Pea Flakes Market Future Outlook and Potential Analysis
30. Appendix
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