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Pea Flakes Market Dynamics, Growth Drivers, Market Constraints and Challenges 2024

09-11-2024 10:14 AM CET | Food & Beverage

Press release from: Precision Business Insights

Pea Flakes Market Dynamics, Growth Drivers, Market Constraints

According to Precision Business Insights' (PBI), latest report, the global Pea Flakes Market size was valued at USD 1,793.5 million in 2023, growing at a 12.2% CAGR during the forecast period 2024 to 2030. The primary factors that drive the market are growing health awareness across the world, rising cardiovascular and other dietary patients' need for cholesterol-free food, and increased demand for pea flakes products in the market.

View Full Report: https://www.precisionbusinessinsights.com/market-reports/pea-flakes-market

The Pea Flakes Market Detailed Segmentation:
Based on the type, the market is segmented into the following:
• Green Pea
• Yellow Pea

Based on its nature, the market is segmented into the following:
• Organic
• Conventional

Based on the application, the market is segmented into the following:
• Animal Feed
• Food Processing
• Aqua Foods
• Households
• Others

Based on the distribution channel, the market is segmented into the following:
• Retail Store
• Hypermarket/Supermarket
• E-Commerce

Based on type, yellow pea holds the highest market share. The major factor for the rise of this segment is the use of yellow pea flakes due to their high richness in protein and other nutritional essentials. A 100-gram yellow pea flake consists of 120 calories, less than 1 gram of fat, 12 grams of protein, 2.5 mg of sodium, and no cholesterol. Yellow peas become a more popular form of nutritional value, It is predicted that a rise in awareness about the nutritional value and antioxidant properties of peas drive the market.

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Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Asia Pacific region is expected to grow significantly in the Pea Flakes Market size over the forecast period The growth of the pea flakes market in Asian countries because of growing health awareness in the region, development of new products incorporating various items such as pea flakes soups, salad and dried pea products which contain larges protein products. China's food habitat allows the pea flakes market to penetrate the market availability of items driving the Chinese market.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.
The Pea Flakes Market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.

Key players in the Pea Flakes Market report are Garden Valley Foods, Gemef Industries, PE Levona, JR Farm, Gold & Green, Benson Hill, Inc., BP Milling, Dumoulin S.A., Green Foods LLP, Inland Empire Foods, and Wheeeky Pets.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to delivering more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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