Press release
Pea Flakes Market Growth: CAGR, Key Drivers, and Forecast 2025
Pea Flakes Market Size
What Is The Projected Market Size Of The Global Pea Flakes Market And Its Growth Rate?
The pea flakes market has shown notable growth with the following key statistics:
•Growth from $2.07 billion in 2024 to $2.31 billion in 2025 with a CAGR of 11.3%.
•The historical growth attributes include health and wellness trends, vegetarian lifestyle trends, and food industry innovation among others.
•Potential market size of $3.47 billion in 2029 at a CAGR of 10.7%, influenced by expanding vegan and vegetarian markets, government policies and subsidies, and increased acceptance of alternative proteins among others.
What Is Driving The Growth In The Pea Flakes Market?
The demand for convenience foods is propelling the growth of the pea flakes market. Convenience food encompasses food products that are almost ready-to-eat when purchased and can be prepared quickly and easily. Due to busy lifestyles, urbanization, and the need for time-efficient meal solutions, demand for such foods is increasing. Pea flakes enhance the protein content of ready-to-eat meals and snacks, thereby becoming a preferred ingredient in convenience foods. For instance, the Bank of Ayudhya Public Company Limited reported that the domestic market for Thai-ready-to-eat food is expected to grow by 3.0-4.0% annually from 2024 to 2026.
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Who Are the Key Players Driving Pea Flakes Market Growth?
Major players in the market include:
•Gemef Industries
•BP Milling Ltd.
•Danone SA
•Dumoulin SA
•Garden Valley Foods
•Green Foods LLP
•Inland Empire Foods Inc.
•Iovate Health Sciences International Inc.
•JR Farm GmbH
What Are The Key Trends In The Pea Flakes Market?
Key trends that are influencing the market growth include:
•Increasing demand for clean label and natural ingredients
•Expansion of pet food applications
•Investments in processing technologies
•Emergence of pea flakes as a texturizing agent
•Global market penetration
What Are The Segments Of The Global Pea Flakes Market?
The pea flakes market can be segmented as:
•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
Which Region Leads The Global Pea Flakes Market?
North America held the largest share in the pea flakes market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period, covering major regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pea Flakes Global Market Report?
- Market Size Analysis: Analyze the Pea Flakes Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pea Flakes Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pea Flakes Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pea Flakes Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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