Market Size of Africa Peas Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.80 % |
Africa Pea Market Analysis
The Africa Peas Market is projected to grow at a CAGR of 3.8% during the forecast period (2020-2025). An increase in population growth at an exponential rate coupled with rising concerns for food security to meet this demand and growing interest for sustainable protein sources such as plant-based pea proteins are some of the factors driving the market for peas in the region.
- The lack of awareness, except in a few African countries among the consumers about the benefits of consuming plant-based proteins over meat and other dairy-based sources are some of the factors restraining the market growth. However, efforts from regional authorities promoting its people over its usage is expected to drive the market growth during the forecast period.
Africa Pea Industry Segmentation
The report defines peas products, in terms of the end-users. For the purpose of this report, the market scope includes only peas that include shelled and unshelled peas. The production, consumption, import, export, value chain, and pricing analysis have been provided for the Africa Peas Market. The scope includes chilled peas for studying the Africa Market.
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Africa Peas Market Size Summary
The Africa pea market is experiencing a steady growth trajectory, driven by factors such as rapid population increase and heightened concerns over food security. The growing interest in sustainable protein sources, particularly plant-based proteins like pea protein, is further propelling market expansion. Despite some challenges, including limited consumer awareness about the benefits of plant-based proteins compared to traditional meat and dairy sources, regional authorities are actively promoting the use of these alternatives. This support is expected to bolster market growth in the coming years. The shift towards plant-based diets for health and ethical reasons, along with governmental regulations and environmental considerations, are also contributing to the increasing demand for peas in the region.
Africa stands as a significant player in the global pea market, with countries like Egypt, Kenya, and Cameroon leading in production. The region exports various pea crops, including chickpeas, cowpeas, and dry peas. However, recent years have seen a decline in exports due to rising domestic demand. Despite this, the implementation of regional trade policies is anticipated to enhance export growth during the forecast period. The expanding population and the essential role of plant-based proteins in ensuring food security and nutrition underscore the importance of the pea market in Africa's economic landscape.
Africa Peas Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.4 Market Restraints
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1.5 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 Africa
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2.1.1.1 Kenya
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis and Market Value
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2.1.1.1.3 Import Market Analysis (Volume and Value)
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2.1.1.1.4 Export Market Analysis (Volume and Value)
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 Tanzania
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2.1.1.2.1 Production Analysis
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2.1.1.2.2 Consumption Analysis and Market Value
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2.1.1.2.3 Import Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.1.3 Egypt
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2.1.1.3.1 Production Analysis
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2.1.1.3.2 Consumption Analysis and Market Value
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2.1.1.3.3 Import Market Analysis (Volume and Value)
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2.1.1.3.4 Export Market Analysis (Volume and Value)
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2.1.1.3.5 Price Trend Analysis
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Africa Peas Market Size FAQs
What is the current Africa Peas Market size?
The Africa Peas Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)
What years does this Africa Peas Market cover?
The report covers the Africa Peas Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Peas Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
