Market Overview:
The global dried peas market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and nutritious food products, rising awareness about the health benefits of consuming dried peas, and growing demand for animal feed. In terms of type, the green peas segment is expected to lead the global dried peas market during the forecast period. This can be attributed to their high nutritional value and various health benefits such as weight loss, improved digestion, and cancer prevention.
Product Definition:
Dried peas are a type of legume. They are small, green, and round. Dried peas can be eaten whole or they can be cooked and used in recipes.
Green Peas:
Green peas are fresh green seeds of the legume plant, they are high in nutritional content and hence considered as a healthy food. Green peas have been gaining importance in the food industry on account of their high nutritional value. The major nutrients present in green pea include vitamin C & E, fiber, folate & iron; whereas dried pea has higher concentration of minerals such as potassium (K), calcium (Ca), magnesium (Mg) and sodium (Na).
Yellow Peas:
Yellow peas are the dried, shelled form of green peas. They are available in various sizes and can be categorized into two types: fresh yellow pea and frozen yellow pea. The product is used as an ingredient for soups, salads, pasta dishes and also consumed directly as a vegetable. It has excellent nutritional properties including high protein content (18%), fiber (25%), iron (19%) & vitamin A & C (10%).
Application Insights:
The food and beverage segment accounted for more than half of the global dried peas market share in 2017. The product is widely used as a functional ingredient in various foods including soups, stews, sauces, snacks and desserts owing to its unique nutritional profile. In addition to being a rich source of vitamins and fiber, it also contains several other essential minerals such as manganese which helps maintain bone health.
Dried peas are an excellent source of energy (calories) due to their high protein content (26 grams per cup). They are also rich sources of several key nutrients such as folate (vitamin B9), iron & zinc which help improve cognitive function along with reducing the risk of heart diseases & cancer. The growing importance attached by major markets including U.S.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumer preference and adoption of healthy lifestyle. The region is expected to maintain its dominance over the forecast period due to growing demand for functional food and beverage products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of increasing product consumption in countries, such as India, China, Japan, South Korea, Singapore among others.
Increasing health consciousness along with rising disposable income will drive product demand further driving industry growth in APAC. In addition new product developments are likely boost industry growth over the coming years in this region especially after gaining approval by regulatory agencies such as FDA (Food and Drug Administration) or EMEA (European Union).
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the dried peas market.
- Rising awareness about the health benefits of consuming dried peas is propelling the growth of this market.
- The increasing popularity of plant-based diets is fueling the demand for dried peas worldwide.
- Growing demand for convenience foods is contributing to the expansion of the global dried peas market.
- The increasing use of processed foods has led to a rise in consumption of dried peas, thereby boosting this market’s growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Dried Peas Market Research Report
By Type
Green Peas, Yellow Peas
By Application
Food and Beverage, Retail, Animal Feed, Others
By Companies
L.H. Hayward, Goya Foods, AGT Foods, Dakota Dry Beans, Scoular, Vestkorn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Dried Peas Market Report Segments:
The global Dried Peas market is segmented on the basis of:
Types
Green Peas, Yellow Peas
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Retail, Animal Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L.H. Hayward
- Goya Foods
- AGT Foods
- Dakota Dry Beans
- Scoular
- Vestkorn
Highlights of The Dried Peas Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Green Peas
- Yellow Peas
- By Application:
- Food and Beverage
- Retail
- Animal Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dried Peas Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dried peas are a type of legume that is dried and has been shelled.
Some of the major players in the dried peas market are L.H. Hayward, Goya Foods, AGT Foods, Dakota Dry Beans, Scoular, Vestkorn.
The dried peas market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dried Peas Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dried Peas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dried Peas Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dried Peas Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dried Peas Market Size & Forecast, 2020-2028
4.5.1 Dried Peas Market Size and Y-o-Y Growth
4.5.2 Dried Peas Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Green Peas
5.2.2 Yellow Peas
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Retail
6.2.3 Animal Feed
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dried Peas Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dried Peas Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Green Peas
9.6.2 Yellow Peas
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Retail
9.10.3 Animal Feed
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Green Peas
10.6.2 Yellow Peas
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Retail
10.10.3 Animal Feed
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Green Peas
11.6.2 Yellow Peas
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Retail
11.10.3 Animal Feed
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Green Peas
12.6.2 Yellow Peas
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Retail
12.10.3 Animal Feed
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Green Peas
13.6.2 Yellow Peas
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Retail
13.10.3 Animal Feed
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dried Peas Market: Competitive Dashboard
14.2 Global Dried Peas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L.H. Hayward
14.3.2 Goya Foods
14.3.3 AGT Foods
14.3.4 Dakota Dry Beans
14.3.5 Scoular
14.3.6 Vestkorn
