Dried Peas Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

Which drivers are expected to have the greatest impact on the over the dried peas market's growth?
Expectations are for the dried peas market to expand in the forthcoming years due to an uptick in people opting for a healthier way of living. More and more individuals are choosing good health in recent times as it aids in combating diseases, strengthening immunity against infections, and promoting vitality. There's been a noticeable increase lately in people tending to their health, resulting in numerous individuals transitioning to a plant-based diet, given its benefits such as reducing blood pressure, enhancing cholesterol concentrations, thus lessening the risk of heart disease and strokes. For example,Sport England, a non-ministerial government department in the UK, demonstrated that from November 2022 to November 2023, 63.4% of grown-ups have adhered to the Chief Medical Officers' guidelines of performing at least 150 minutes of moderate-intensity physical exercise per week, as per data from April 2024.

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What is the future CAGR of the dried peas market, and how will it impact industry expansion?
Over the past few years, there has been a robust growth in the size of the dried peas market. It's projected to increase from $5.54 billion in 2024 to $5.96 billion in 2025, marking a compound annual growth rate (CAGR) of 7.5%. The rise during the historic phase can be associated with factors such as customary culinary usage, extended shelf life and storage, flexibility in cooking, farming practices, economical considerations, and traditional trade and distribution patterns.

In the coming years, the market for dried peas is anticipated to experience significant growth. The market is projected to reach a value of $8.14 billion in 2029, rising at a compound annual growth rate (CAGR) of 8.1%. This growth in the predicted period can be credited to factors such as consumer knowledge and promotional efforts, evolving dietary tendencies, advancements in processing and packaging methodologies, sustainable farming procedures, and the increasing popularity of plant-based diets. Key trends during the forecast period include the rising demand for plant-based proteins, the shift towards snacking and convenience, the growth of meat alternatives, sustainable agricultural practices, and the introduction of innovative product forms.

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What are the most significant trends transforming the dried peas market today?
There's a growing trend among dried peas businesses to provide pea protein-infused powder, suitable for use in ready-made drinks, baked items, and dairy goods. The protein content in pea protein is high, and it possesses a balanced mix of amino acids, making it a viable replacement for egg protein in products like mayonnaise. It can also be an alternative to soy and wheat gluten. For instance, Tata Consumer Product (TCP), an Indian consumer goods firm which includes food and beverages, introduced Tata GoFit in September 2022. Lacking soy, lactose, and any added sugar, this plant-based Tata GoFit plant protein powder comprises ingredients such as peas and brown rice in its ready-to-mix blend, and also includes added probiotics for improved gut health.

Which key market segments comprise the dried peas market and drive its revenue growth?
The dried peas market covered in this report is segmented -

1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Conventional, Organic
3) By Application: Household Or Retail, Foodservice Or HoReCa, Animal Feed, Pharmaceuticals And Supplements, Cosmetics And Personal Care, Food And Beverage Processing

Subsegments:
1) By Yellow Peas: Whole Yellow Peas, Split Yellow Peas, Yellow Pea Flour
2) By Green Peas: Whole Green Peas, Split Green Peas, Green Pea Flour

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What regions are at the forefront of dried peas market expansion?
Asia-Pacific was the largest region in the dried peas market in 2024. The regions covered in the dried peas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the dried peas market?
Major companies operating in the dried peas market include The Kraft Heinz Company, Simplot Company, Ingredion Inc., Roquette Frères S.A., Del Monte Foods Inc., Greenyard Foods NV, TreeHouse Foods Inc., ConAgra Brands Inc., Bonduelle S.A., Keystone Foods LLC, Goya Foods Inc., Seneca Foods Corporation, Premier Foods plc, AGT Food and Ingredients Inc., Findus France SAS, The Scoular Company, Euroma (Netherlands) BV, Cosucra Groupe Warcoing S.A., Meelunie BV, Herba Ingredients Limited, North Bay Trading Company, Vestkorn Milling AS, L.H. Hayward Ltd., Dakota Ingredients LLC, Green Giant Foods LLC, AM Nutrition LLC, Burlingame Foods Inc., Erbsen-Vertriebs-Zentrale eG (EVZ)

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What Is Covered In The Dried Peas Global Market Report?

•Market Size Forecast: Examine the dried peas market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the dried peas market for a structured understanding.
•Key Players Overview: Analyze major players in the dried peas market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dried peas market.
•Segment Contributions: Evaluate how different segments drive overall growth in the dried peas market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dried peas market.
•Industry Challenges: Identify potential risks and obstacles affecting the dried peas market.
•Competitive Landscape: Review strategic developments in the dried peas market, including expansions, agreements, and new product launches.

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