Pea Flakes Market Size, Share, Opportunities, And Trends By Type (Green Pea, Yellow Pea), By Nature (Organic, Conventional), By Application (Animal Feed, Processed Food, Others Application), By Distribution Channel (Online, Offline (Supermarkets/Hypermarkets, Convenience Stores, Others)), And By Geography - Forecasts From 2024 To 2029

  • Published : Jul 2024
  • Report Code : KSI061615379
  • Pages : 149

The pea flakes market is expected to grow at a CAGR of 8.11%, reaching a market size of US$2,280.292 million in 2029 from US$1,321.481 million in 2022.

Pea flakes are a great source of vitamins, soluble fiber, and other nutrients. They can also be used as healthy snacks. Because of their health benefits, pea flakes are especially nutritious pet food. Pets may also chew pea flakes because of their texture, created by flattening and battering peas.

Rodents love the nutritious pleasure of micronized peas. Peas are micronized during the flaking process, which increases their digestibility by heating the natural starches. So, no preparation is required before feeding. Pea flakes can be dehydrated and added to water instead of breadcrumbs in meat preparations. Green peas' distinctive phytonutrients offer important anti-inflammatory and antioxidant properties. Small nuisance species and immature fish find it challenging to eat the bigger particles in the flakes because they are more consistent and thicker.

Pea Flakes Market Drivers

  • Rising health concerns

The market demand is expected to grow as people become aware of the health benefits of protein-rich pea flakes, especially in developing nations like China, Brazil, and India. Pea flakes' high nutritional value, simplicity in preparation, and quick digestion have made them increasingly popular. Due to their high protein content, these products are becoming more popular among athletes and gym-goers.

Moreover, the demand for pea-based animal feed is increasing due to its high protein content. As an example of the richness of these flakes, Erin's Ark, Natural Pet Care states that one pea flake per day is sufficient for each pig. Overindulgence could lead to weight gain. Pea flakes are a great supplement for animal and human diets.

  • Increasing demand from the food industry

Pea flakes are made from dried green field peas that are all-natural and contain no added sugar, salt, artificial preservatives, or additives. Additionally, new product innovations are being made to prolong the dryness and crunch of the flakes. Reusable zipper pouches have become a standard product packaging material to preserve freshness while searching for the best and most affordable packaging. In response to the rising demand for gluten-free flakes suitable for human consumption, producers of pea-based flakes are making further advancements in this area. For instance, pea flakes are the soup base used by Street Soup, a soup brand. One of the soup's advantages is that each cup of the vegan-produced soup contains 24% vegetable protein.

  • High demand for yellow pea flakes

Flakes made from yellow peas are rich in protein and other necessary nutrients. Less than 1 gram of fat, 2 mg of sodium, 10 grams of protein, and 26 grams of cholesterol are all present in 100 grams of yellow pea flakes. As yellow peas have historically been used as a staple food rather than green ones, yellow pea flakes are highly popular. Compared to the sweeter green pea flakes, yellow ones typically have a milder flavor. However, because of their high nutritional value and a reasonable amount of fiber and antioxidants, green pea flakes are predicted to become more popular in the future.

  • Increasing adoption in the animal feed industry

Animals are fed pea flakes, especially rats and rabbits. Pea flakes include lysine, an amino acid. Small animals require this vitamin to survive. Pets cannot digest raw peas; thus, they shouldn't be given to them. Pea flakes, on the other hand, provide a delightful and simple-to-digest treat for dogs. They contain a lot of calories as well. Pea flakes are an environment-friendly aqua feed that even young fish may eat because of their excellent water solubility and consistency.

Pea Flakes Market Geographical Outlook

  • Asia Pacific is witnessing exponential growth during the forecast period

The Asia Pacific pea flakes market is expanding due to rising health consciousness among the populace, particularly in China and India. Due to their high protein content, pea flakes are used in soups, salads, and other culinary products. Additionally, the antioxidant and anti-inflammatory qualities increase their nutritional value. The usage of pea flakes as a replacement for the traditional carbohydrate-rich but protein-deficient flakes is projected to increase rapidly in the future due to the usual eating patterns of Southeast Asian countries.

Pea Flakes Market Key Launches

  • In February 2022, Chartwells Universities and Tortilla Mexican Grill plc announced a strategic partnership. Over the next five years, the fast-casual Mexican restaurant brand plans to open at least 14 sites across Chartwells' university estate, expanding its customizable and affordable offerings beyond existing locations like Middlesex, Brunel, Sussex, and Swansea Universities.

 

  • In January 2022, Benson Hill, Inc., a food technology company that uses its cutting-edge food innovation engine to unlock plants' natural genetic diversity, announced its purchase of ZFS Creston, LLC, a leading food-grade white flakes and soy flour production operation in southwest Iowa, for approximately $102 million, financed primarily through a new debt facility. This investment completes Benson Hill's ability to transform its exclusive soybeans into value-added soy protein components for the neglected human and pet food categories.

Segmentation:

  • By Type
    • Yellow Peas
    • Green Peas
  • By Nature
    • Organic
    • Conventional
  • By Application
    • Animal Feed
    • Processed Food
    • Other Applications
  • By Distribution Channel
    • Online
    • Offline
      • Supermarkets/Hypermarkets
      • Convenience Stores
      • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others 
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others 
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others 
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The global pea flakes market is expected to grow at a CAGR of 8.11% during the forecast period.
The pea flakes market is expected to reach a total market size of US$2,280.292 million by 2029.
Pea Flakes Market was valued at US$1,321.481 million in 2022.
The pea flakes market growth is anticipated to be fueled by expanding consumer awareness of their health advantages.
Asia Pacific is anticipated to hold a significant share of the global pea flakes market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. PEA FLAKES MARKET, BY TYPE

5.1. Introduction

5.2. Yellow Peas

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Green Peas

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. PEA FLAKES MARKET, BY NATURE

6.1. Introduction

6.2. Organic

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Conventional

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

7. PEA FLAKES MARKET, BY APPLICATION

7.1. Introduction

7.2. Animal Feed

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Processed Food

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Other Applications

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

8. PEA FLAKES MARKET, BY DISTRIBUTION CHANNEL

8.1. Introduction

8.2. Online

8.2.1. Market Trends and Opportunities

8.2.2. Growth Prospects

8.2.3. Geographic Lucrativeness

8.3. Offline

8.3.1. Market Trends and Opportunities

8.3.2. Growth Prospects

8.3.3. Geographic Lucrativeness

8.3.4. Supermarkets/Hypermarkets

8.3.5. Convenience Stores

8.3.6. Others

9. PEA FLAKES MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Type

9.2.2. By Nature

9.2.3. By Application

9.2.4. By Distribution Channel

9.2.5. By Country

9.2.5.1. USA

9.2.5.1.1. Market Trends and Opportunities

9.2.5.1.2. Growth Prospects

9.2.5.2. Canada

9.2.5.2.1. Market Trends and Opportunities

9.2.5.2.2. Growth Prospects

9.2.5.3. Mexico

9.2.5.3.1. Market Trends and Opportunities

9.2.5.3.2. Growth Prospects

9.3. South America

9.3.1. By Type

9.3.2. By Nature

9.3.3. By Application

9.3.4. By Distribution Channel

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.1.1. Market Trends and Opportunities

9.3.5.1.2. Growth Prospects

9.3.5.2. Argentina

9.3.5.2.1. Market Trends and Opportunities

9.3.5.2.2. Growth Prospects

9.3.5.3. Others

9.3.5.3.1. Market Trends and Opportunities

9.3.5.3.2. Growth Prospects

9.4. Europe

9.4.1. By Type

9.4.2. By Nature

9.4.3. By Application

9.4.4. By Distribution Channel

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.1.1. Market Trends and Opportunities

9.4.5.1.2. Growth Prospects

9.4.5.2. Germany

9.4.5.2.1. Market Trends and Opportunities

9.4.5.2.2. Growth Prospects

9.4.5.3. France

9.4.5.3.1. Market Trends and Opportunities

9.4.5.3.2. Growth Prospects

9.4.5.4. Spain

9.4.5.4.1. Market Trends and Opportunities

9.4.5.4.2. Growth Prospects

9.4.5.5. Others

9.4.5.5.1. Market Trends and Opportunities

9.4.5.5.2. Growth Prospects

9.5. Middle East and Africa

9.5.1. By Type

9.5.2. By Nature

9.5.3. By Application

9.5.4. By Distribution Channel

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.1.1. Market Trends and Opportunities

9.5.5.1.2. Growth Prospects

9.5.5.2. UAE

9.5.5.2.1. Market Trends and Opportunities

9.5.5.2.2. Growth Prospects

9.5.5.3. Israel

9.5.5.3.1. Market Trends and Opportunities

9.5.5.3.2. Growth Prospects

9.5.5.4. Others

9.5.5.4.1. Market Trends and Opportunities

9.5.5.4.2. Growth Prospects

9.6. Asia Pacific

9.6.1. By Type

9.6.2. By Nature

9.6.3. By Application

9.6.4. By Distribution Channel

9.6.5. By Country

9.6.5.1. China

9.6.5.1.1. Market Trends and Opportunities

9.6.5.1.2. Growth Prospects

9.6.5.2. Japan

9.6.5.2.1. Market Trends and Opportunities

9.6.5.2.2. Growth Prospects

9.6.5.3. India

9.6.5.3.1. Market Trends and Opportunities

9.6.5.3.2. Growth Prospects

9.6.5.4. South Korea

9.6.5.4.1. Market Trends and Opportunities

9.6.5.4.2. Growth Prospects

9.6.5.5. Taiwan

9.6.5.5.1. Market Trends and Opportunities

9.6.5.5.2. Growth Prospects

9.6.5.6. Thailand

9.6.5.6.1. Market Trends and Opportunities

9.6.5.6.2. Growth Prospects

9.6.5.7. Indonesia

9.6.5.7.1. Market Trends and Opportunities

9.6.5.7.2. Growth Prospects

9.6.5.8. Others

9.6.5.8.1. Market Trends and Opportunities

9.6.5.8.2. Growth Prospects

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Ajinomoto Co. Inc.

11.2. McCormick & Company Inc.

11.3. ADF Foods Ltd.

11.4. General Mills Inc. (Old El Paso)

11.5. Orkla ASA

11.6. Paulig Ltd. 

11.7. Asli Fine Foods

11.8. Capital Foods (Ching's Secret)

11.9. Charlie Bigham

11.10. Quality Ethnic Foods Inc


Ajinomoto Co. Inc.

McCormick & Company Inc.

ADF Foods Ltd.

General Mills Inc. (Old El Paso)

Orkla ASA

Paulig Ltd. 

Asli Fine Foods

Capital Foods (Ching's Secret)

Charlie Bigham

Quality Ethnic Foods Inc


Related Reports

Report Name Published Month Get Sample PDF
Commercial Seaweed Market Size: Industry Report, 2019-2024 Mar 2021
Pea Protein Market Size & Share: Industry Report, 2022–2027 Aug 2022