Food And Beverages

Global Dried Peas Market Outlook, Opportunities And Strategies

November 15, 2021 by The Business Research Company

Learn about the global dried peas market through The Business Research Company, which provides information on dried peas market size, dried peas market drivers and restraints, dried peas market players, the COVID-19 impact on the dried peas market, and more.

The global dried peas market is expected to grow from $4.01 billion in 2020 to $4.37 billion in 2021 at a compound annual growth rate (CAGR) of 9.12%. The growth in the dried peas market is mainly due to increasing number of people shifting to veganism and increasing health-conscious customers. The market is expected to reach $5.58 billion in 2025 at a CAGR of 6.29%.

The increasing number of individuals preferring a healthy lifestyle is expected to drive innovation in dried peas, thus driving the market during the forecast period.

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The dried peas market consists of sales of dried peas by entities (organizations, sole traders, and partnerships) that are engaged in the production of dried peas. Dried peas, also known as field peas, when dried are used in food preparation such as pasta, cereals, and soups. Dried peas are considered a very good source of potassium, cholesterol-lowering fiber, and two B–Vitamins, protein, and contain almost no fat. They help lower cholesterol, maintain blood sugar levels, and lower high blood pressure.

Global dried peas market segments include:

By Product Type: Yellow Peas, Green Peas

By Nature: Conventional, Organic

By Application: Household Or Retail, Foodservice Or HoReCa, Animal Feed, Pharmaceuticals And Supplements, Cosmetics And Personal Care, Food And Beverage Processing

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the dried pea market in 2020

Dried peas companies are increasingly offering pea protein-based powder which can be incorporated in ready-to-drink beverages, baked goods, and dairy foods. Pea protein has a higher concentration of protein and well-balanced profile of amino acids and can be used as a substitute for egg protein in products such as mayonnaise and as an alternative to soy and wheat gluten.

TBRC’s dried peas market report covers:

Major Market Players: Vestkorn Milling AS, AGT Food and Ingredients, Cosucra Groupe Warcoing S.A., Dakota Ingredients, Goya Foods Inc., Ingredion Inc., Roquette Frères, and The Scoular Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Dried Peas Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides dried peas market overviews, analyzes and forecasts market size, share, dried peas market players, dried peas market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s dried peas market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Textured Pea Protein Global Market Report 2021

Organic Food Global Market Report 2021

Vegan Food Global Market Report 2021

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