Pea Flakes Market Size
- The global pea flakes market size reached US$ 1.9 Billion in 2023.
- The market is expected to reach US$ 3.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
- North America leads the market, accounting for the largest pea flakes market share due to the growing demand for plant-based protein.
- Yellow pea flakes accounts for the majority of the market share in the type of segment owing to their widespread use in various applications.
- Based on the nature, the market has been bifurcated into organic and conventional.
- Food processing remain a dominant segment in the market as pea flakes are widely used as a functional ingredient in different food products.
- The growing demand for plant-based foods is a primary driver of the pea flakes market.
- Emerging health and wellness trends and expanding pet food industry are reshaping the pea flakes market.
- For Growth: We explore the factors propelling the pea flakes market growth, including technological advancements, consumer behaviours, and regulatory changes.
Industry Trends and Drivers:
- Growing Demand for Plant-Based Foods:
The surge in demand for plant-based foods has become a primary driver for the growth of the pea flakes market. With more consumers choosing vegetarian or vegan diets, plant-based protein sources are becoming essential in daily nutrition. Pea flakes are rich in protein, fiber, and essential nutrients, making them an excellent alternative to animal-based products. This is particularly appealing in regions where consumers are seeking out healthier food choices without compromising on nutrition. Pea flakes also have the added advantage of being gluten-free, making them suitable for individuals with gluten sensitivities or those avoiding gluten by choice. As awareness about the health benefits of a plant-based diet grows, pea flakes have found their place in diverse food applications, including snacks, breakfast cereals, protein bars, and even in smoothies.
- Health and Wellness Trends:
The increasing focus on health and wellness is another major factor propelling the growth of the pea flakes market. Modern consumers are prioritizing foods that offer more than just basic sustenance. Pea flakes align with this trend, as they are nutrient-dense, offering a rich source of plant-based protein, dietary fiber, and essential vitamins and minerals like iron, potassium, and magnesium. These nutritional attributes make pea flakes an appealing option for those looking to maintain or improve their health through diet. Moreover, pea flakes are often perceived as a natural, minimally processed food, which appeals to consumers who are becoming wary of overly processed, artificial ingredients in their food. Their high fiber content supports digestive health, while the protein helps with muscle maintenance and satiety, which can be beneficial for those managing their weight.
- Expanding Pet Food Industry:
The pet food industry’s growing demand for high-quality, natural ingredients is significantly boosting the pea flakes market. Pet owners today are more conscious than ever about what they feed their pets, and there is a clear shift towards natural, grain-free pet food products. Pea flakes offer a valuable alternative to grains, providing pets with a nutritious and easily digestible source of carbohydrates and protein. For many pet owners, pea flakes are seen as a healthier option compared to traditional fillers like corn or wheat. This is especially true for pets with food sensitivities or allergies, as pea flakes are hypoallergenic and grain-free, which makes them ideal for inclusion in specialized diets. The growing trend of treating pets as family members means that many owners are willing to spend more on high-quality, premium pet food, further boosting the demand for nutrient-rich ingredients like pea flakes. Additionally, as sustainability becomes a growing concern, many pet food manufacturers are seeking out eco-friendly ingredients.
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Pea Flakes Market Report Segmentation:
Breakup By Type:
- Yellow
- Green
Yellow pea flakes account for the majority of shares due to their widespread use in various food and feed applications, driven by their high protein content and versatility.
Breakup By Nature:
- Organic
- Conventional
Based on the nature, the market has been bifurcated into organic and conventional.
Breakup By Application:
- Food Processing
- Animal Feed
- Aqua Feed
- Households/Retail
Food processing represents the majority of shares as pea flakes are increasingly used as functional ingredients in snacks, bakery products, and plant-based protein foods.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America holds the leading position owing to the growing demand for plant-based protein, health-conscious consumers, and a well-established food processing industry.
Top Pea Flakes Market Leaders:
The pea flakes market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
- Exotic Nutrition
- Garden Valley Foods
- Inland Empire Foods Inc.
- Om Foods Inc
- Sotexpro (Gemef Industries)
- Wheeeky Pets LLC
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