Global Pea Flakes Market - 2022-2029

Global Pea Flakes Market - 2022-2029

Market Overview

The global pea flakes market was valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Pea flakes are a nutritious snack or supplementary food high in proteins, vitamins, dietary fiber, and other nutrients. These flakes are similar to starch and are frequently mixed in with regular meals. Pea flakes are also a nutritious pet food because of the numerous health benefits. Pea flakes are also easy for pets to chew due to their texture formed by flattening and pounding peas. Yellow pea flakes and green pea flakes are the two types of pea flakes available. Pea flakes have grown in popularity in recent years due to their excellent nutritional value, ease of preparation, and quick digestion. The high protein content of these products is increasing their popularity among athletes, sportspeople, and gymgoers.

Market Dynamics:

Increasing awareness regarding the health benefits of pea flakes

The global pea flakes market is predicted to increase as consumers become more aware of eating pea flakes' nutritional value and benefits. Pea flakes are commonly seen in the daily diets of health-conscious people. Pea flakes include a high concentration of vitamins, minerals, antioxidants, and phytonutrients, which give vital health advantages ranging from eye health to cancer prevention. In addition to their health benefits, Pea flakes are vital for animals due to the presence of the amino acid lysine in the flakes and are easily digested. Because pea flakes contain the amino acid lysine and are easy to digest, they are becoming increasingly popular in animal feed. They're known for being high in vitamins and fiber.

Furthermore, they energize the metabolism and aid in converting food to energy. The carotenoids lutein and zeaxanthin can be found in pea flakes. These nutrients aid in preventing chronic eye illnesses such as cataracts and age-related macular degeneration. Lutein and zeaxanthin are antioxidants that protect the eyes from damaging blue light, which causes cataracts and macular degeneration.

Moreover, pea flakes have a wide range of uses in the food industry. Pea flakes are made from all-natural dried green field peas with no artificial preservatives, sugar, salt, or additions. Furthermore, new products are being developed to keep the flakes dry and crispy for a longer period.

Market Segmentation:

Yellow flakes segment accounted for the highest share in global pea flakes market

The yellow pea flakes segment is predicted to account for the most revenue among the product type segments. Factors such as increased consumption among fitness enthusiasts due to its high-protein contents and low cholesterol levels drive its domination. In comparison to green pea flakes, yellow pea flakes are gaining popularity worldwide. A 100-gram serving of yellow pea flakes contains 144 calories, less than 1 gram of fat, 10 grams of protein, 2 milligrams of salt, 26 milligrams of cholesterol, and no cholesterol. Yellow pea flakes are popular because yellow peas have traditionally been used as a staple diet, unlike green peas.

Because pea flakes are widely utilized in various food processing, such as salads, sandwiches, and soups, they accounted for the greatest share of XX percent in food processing in 2021. They're known for being high in vitamins and fiber. Furthermore, they energize the metabolism and aid in converting food to energy. Because pea flakes contain the amino acid lysine and are easy to digest, they are becoming increasingly popular in animal feed.

Geographical Penetration:

North America is the dominating region during the forecast period

In 2021, North America dominated the market, with a XX percent share of total revenue. Demand for pea flakes to combat health issues such as obesity, high blood pressure, and other nutritional deficiencies is projected to continue to drive the market, particularly in the United States. Furthermore, the availability of these products at lower prices and people's high spending capability in developed nations are fueling market expansion in this region.

The Asia Pacific pea flakes market is expanding due to rising health consciousness in countries such as China and India. Because of the high protein content, pea flakes are often used in soups, salads, and other culinary products in this region. Antioxidant and anti-inflammatory qualities also enhance the nutritional value. Because of the usual consumption habits of southeast Asian countries, the usage of pea flakes as a replacement for traditional carbohydrate-rich but protein-deficient flakes is expected to develop at a much faster rate in the future.

Competitive Landscape:

Pea flakes have a high nutritional value in both human and animal feed. As a result, producers have the opportunity to compete in the market by adapting their products to meet client demand. Dumoulin S.A., BP Milling, Garden Valley Foods, Gemef Industries (Sotexpro), and JR Farm are some of the participants in the pea flakes market. For example, weekly Pea Flakes by Wheeky Pets, LLC is made entirely of natural ingredients and is farmed, processed, and packed in the United States. This product is light and crispy, and it makes a great addition to the Weekly Treat Balls for guinea pigs, rabbits, hamsters, and other tiny pets.

COVID-19 Impact: Negative impact on the global pea flakes market

The COVID-19 pandemic has significantly influenced the global pea flakes market. Due to demand and supply chain interruptions, decreased productivity rates, and the COVID-19 pandemic has heavily damaged employee health difficulties, the pea flakes market. People have piled up stock for future use during the early stages of the pandemic and lockdown, increasing demand for food products, vegetables, and staple diets. But because of the lockdown and transportation restrictions, manufacturers have been unable to receive raw materials on time, causing production to be hampered. Most market are experiencing low demand for food products and supply chain delays.

Why Purchase the Report?
• Understand the current market scenario and viability of global pea flakes market over the forecast period
• Visualize the composition of the global pea flakes market in terms of type, application, distribution channel and region to identify major players, growth potential, and market strategies
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
• Excel data sheet with valuable data points of the global pea flakes market– Regional and Country level segmentation
• Product mapping in excel for the key products of all major market players
• Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

The global pea flakes market report would provide an access to approximately 61 market data tables, 52 figures and 180 pages

Target Audience:
• Food & Beverages Companies
• Import and Export Companies
• Industry Investors
• Education & Research Institutes
• Research Professionals