Leading Pea Processed Ingredients Type Markets Databank

Leading Pea Processed Ingredients Type 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. Protein segment is expected to be the highest contributor to this market, with $1,371.7 Million in 2020, and is anticipated to reach $2,757.8 Million by 2029, registering a CAGR of 8.13%. Starch segment is anticipated to reach $419.4 Million by 2029 with the highest CAGR of 10.82%. Protein and Flour segments collectively expected to account for about 91.7% share of the Pea Processed Ingredients market in 2020, with the former constituting around 48.2% share. Starch and Protein segments are expected to witness significant growth rates at a CAGR of 10.82% and 8.13% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.0% in the overall Pea Processed Ingredients market in 2020, and is anticipated to reach 56.7% by 2029.