Leading Pea Processed Ingredients Country Markets Databank
The Pea Processed Ingredients market was valued at $2,846.2 Million in 2020, and is projected to reach $5,601.5 Million by 2029 growing at a CAGR of 7.88% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $1,101.5 Million in 2020, and is anticipated to reach $1,838.7 Million by 2029, registering a CAGR of 5.90%. Asia-Pacific is anticipated to reach $1,121.9 Million by 2029 with the highest CAGR of 10.74%. North America and Europe collectively expected to account for about 74.3% share of the Pea Processed Ingredients market in 2020, with the former constituting around 38.7% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 10.74% and 7.32% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 51.4% in the overall Pea Processed Ingredients market in 2020, and is anticipated to reach 54.1% by 2029.
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