Market Size of Pea Flakes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.51 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pea Flakes Market Analysis
The global pea flakes market is projected to grow at a CAGR of 9.51% during the forecast period.
- Micronized peas make a healthy treat for rodents. During the flaking process,peas go through a micronizing process, which makesthem more digestible by cooking the natural starches. Thus, no preparation is needed prior to feeding.
- Pea flakes can be rehydrated into the waterto replace breadcrumbs in meat products. The distinguishphytonutrients in green peasprovidekey antioxidant and anti-inflammatory benefits.
- However, the larger particles in the flakes are more uniformand denser making and it is difficult for juvenile fish and small nuisance species to feed on them. This drawback might affect the use of pea flakes in aquafeed, though not to a large extent.
Pea Flakes Industry Segmentation
The global pea flakes market is segmented by type into green pea and yellow pea market. Based on the application, the market is segregated as animal feed, processed foods, aquafeed, and others. By Distribution Channel, the market segments are hypermarket/supermarket, convenience stores, online stores, and others. Moreover, the market is segmented by geography.
| By Type | |
| Green Pea | |
| Yellow Pea |
| By Application | |
| Animal Feed | |
| Processed Food | |
| Other Applications |
| By Distribution Channel | |
| Hypermarkets and Supermarkets | |
| Convenience stores | |
| Online Stores | |
| Other Channels |
| Geography | |||||||||
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Pea Flakes Market Size Summary
The pea flakes market is experiencing significant growth, driven by increasing health consciousness and demand for natural, gluten-free food options. Pea flakes, made from all-natural dried green field peas without artificial additives, are gaining popularity for their nutritional benefits, including high protein content and antioxidant properties. These flakes are versatile, used in various applications such as a meat substitute in aquafeed and as a base in vegan soups, like those produced by Street Soup. The market is characterized by innovation in packaging, such as the use of reusable zipper pouches to maintain freshness, and ongoing developments to enhance the product's appeal to health-conscious consumers.
In the Asia Pacific region, the demand for pea flakes is particularly strong due to rising health awareness and the region's dietary preferences. The incorporation of pea flakes into traditional foods offers a protein-rich alternative to conventional carbohydrate-heavy options, aligning with the nutritional needs of the population. The market is also seeing increased interest in pea-based animal feed, valued for its high protein content and essential amino acids. Key players in the market, including Dumoulin S.A., BP Milling, Garden Valley Foods, Gemef Industries (Sotexpro), and JR Farm, are actively competing by adapting their products to meet evolving consumer demands, further fueling market expansion.
Pea Flakes Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Green Pea
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2.1.2 Yellow Pea
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2.2 By Application
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2.2.1 Animal Feed
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2.2.2 Processed Food
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2.2.3 Other Applications
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2.3 By Distribution Channel
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2.3.1 Hypermarkets and Supermarkets
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2.3.2 Convenience stores
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2.3.3 Online Stores
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2.3.4 Other Channels
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East and Africa
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Pea Flakes Market Size FAQs
What is the current Pea Flakes Market size?
The Pea Flakes Market is projected to register a CAGR of 9.51% during the forecast period (2024-2029)
Who are the key players in Pea Flakes Market?
Dumoulin S.A., BP Milling, Garden Valley Foods, Gemef Industries (Sotexpro) and JR Farm are the major companies operating in the Pea Flakes Market.
