Global Dried Peas Market Projected to Grow at 8.1% CAGR, Reaching $8.14 Billion by 2029

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Dried Peas Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for dried peas has seen noticeable expansion. The market, valued at $5.54 billion in 2024, is expected to escalate to $5.96 billion in 2025, with a respectable compound annual growth rate (CAGR) of 7.5%. This substantial development during the historical period can be traced back to regular culinary applications, long-lasting storage and shelf life, cooking flexibility, farming practices, economic conditions, and traditional trade and distribution.

How Will the Dried Peas Market Size Evolve and Grow by 2029?
The market size of dried peas is set to experience robust expansion in the upcoming years, escalating to $8.14 billion in 2029 with an 8.1% compound annual growth rate (CAGR). This growth during the projected period can be credited to factors such as consumer awareness and promotional activities, evolving food habits, advancements in processing and packaging techniques, sustainable farming methods, and the increase in plant-based diets. The primary trends anticipated during this period include the growing demand for plant-based proteins, the rise of snacking and convenience, the enlargement of meat substitute options, sustainable farming methods, and the introduction of innovative product forms.

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What Drivers Are Propelling the Growth of Dried Peas Market Forward?
The uptick in people opting for healthier living is anticipated to boost the dried peas market's growth in the future. The current trend among individuals is to lead a healthy lifestyle that aids in combating diseases, strengthening the immune system against infections, and bolstering energy levels. With health becoming a vital concern recently, many have transitioned to a vegetarian diet, resulting in lower blood pressure and enhanced cholesterol levels, thus reducing heart attack and stroke risks. To illustrate, Sport England, a non-departmental public entity in the UK, revealed that from November 2022 to November 2023, 63.4% of adults achieved the Chief Medical Officers' guideline of engaging in at least 150 minutes of moderate-intensity physical activity per week.

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Which Emerging Trends Are Transforming the Dried Peas Market in 2025?
An increasing number of dried pea manufacturers are now offering powders based on pea protein, suitable for inclusion in ready-to-drink beverages, bakery items, and dairy produce. Pea protein boasts a rich protein concentration and a balanced spectrum of amino acids, enabling it to replace egg protein in products like mayonnaise and serve as an alternative to soy and wheat gluten. For example, Tata Consumer Product (TCP), a consumer goods company based in India known for its food and beverage products, introduced Tata GoFit in September 2022. This plant-based protein powder, without soy, lactose, or added sugar, includes ingredients such as peas, brown rice in a ready-to-mix formula, and added probiotics for improved gut health.

What Are the Key Segments in the Dried Peas Market?
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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Who Are the Key Players Shaping the Dried Peas Market's Competitive Landscape?
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)

What Geographic Markets Are Powering Growth in the Dried Peas Market?
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.

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