Global Pea Flour Market to Reach $57.1 Billion by 2030
The global market for Pea Flour estimated at US$22.2 Billion in the year 2023, is expected to reach US$57.1 Billion by 2030, growing at a CAGR of 14.5% over the period 2023-2030. Conventional Pea Flour, one of the segments analyzed in the report, is expected to record 15.2% CAGR and reach US$36.7 Billion by the end of the analysis period. Growth in the Organic Pea Flour segment is estimated at 13.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 18.8% CAGR
The Pea Flour market in the U.S. is estimated at US$5.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.4 Billion by the year 2030 trailing a CAGR of 18.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 12.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.
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