Dried Peas Market Trends 2025-2034: Growth, Strategic Insights, and Opportunities Ahead
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theDried Peas Market?
The dried peas market is predicted to grow in the future due to the rising number of people choosing to lead a healthy lifestyle. This trend of embracing health-conscious habits serves to combat sickness, strengthen the immune system for infection preventions, and enhance levels of energy. Lately, with an increasing emphasis on health maintenance, a considerable number of individuals are moving towards vegetarianism. This shift is motivated by benefits such as decreased blood pressure, better cholesterol levels, which subsequently lower the risk of heart attacks and strokes. For instance, data from Sport England, a non-departmental public organization from the UK, revealed in April 2024 that 63.4% of the adult population were adhering to the Chief Medical Officers’ guidelines. These guidelines suggested engaging in 150 minutes, or more, of moderate-intensity physical activity a week, between November 2022 and November 2023.
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#What is the Projected CAGR for the Dried Peas Market Size from 2025 to 2034?
The market size for dried peas has seen considerable expansion in the past years. This market is projected to escalate from a value of $5.54 billion in 2024 to $5.96 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.5%. This growth during the historical period is linked to various factors such as their use in traditional cooking, extended durability and storage, versatility in culinary applications, farming methods, economic conditions, and historical trade and distribution factors.
Expectations for the dried peas market point towards robust expansion over the next few years, with an estimated growth to a significant value of $8.14 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 8.1%. Numerous factors contribute to this projected growth during the forecast period, such as enhanced consumer knowledge and marketing activities, shifts in dietary inclinations, breakthroughs in processing and packaging techniques, and the adoption of sustainable farming methods, along with the rise of plant-based diets. There is also an anticipation of notable trends in this period such as an escalating demand for plant-based proteins, a preference for snackable and convenient food options, growth in meat substitute offerings, the rise in sustainable farming practices, and the introduction of innovative product shapes and forms.
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What Key Market Trends and Innovations Are Shaping the Future of theDried Peas Industry?
Firms in the dried peas sector are increasingly producing pea protein-based powders that can be used in ready-to-drink beverages, bakery items, and dairy products. This type of protein, derived from peas, offers a higher protein concentration and a balanced amino acids profile. It is increasingly being used as a replacement for egg protein in products such as mayonnaise and as a substitute for soy and wheat gluten. For example, Tata Consumer Product (TCP), a company based in India producing consumer products including food and beverages, introduced Tata GoFit in September 2022. Tata GoFit’s plant protein powder is entirely plant-based, free of soy, lactose, and added sugar, and is made with ingredients such as peas and brown rice in a ready-to-mix formula that includes added probiotics to improve gut health.
Which Companies Are Leading the Charge in Expanding theDried Peas Market Growth?
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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How is the Global Dried Peas Market Segemented?
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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Which Geographics are Influencing the Growth of 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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