Market Overview:
The global micronized pea flour market is expected to register a CAGR of 6.8% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of consuming plant-based proteins. In addition, growing inclination of consumers towards healthy and nutritious food products is also propelling the growth of this market. On the basis of type, organic micronized pea flour is projected to witness higher growth as compared to ordinary micronized pea flour during the forecast period. This can be attributed to increasing consumer preference for organic food products over conventional food items owing to their perceived health benefits such as being free from pesticides and other harmful chemicals. Based on application, sports nutrition segment is anticipated to account for a major share in terms of revenue in 2018 and register highest CAGR during forecast period due high adoption by fitness enthusiasts across globe coupled with rising awareness about importance if protein intake for muscle development . Dietary supplements segment follows sports nutrition segment in terms revenue contribution followed by bakery & snacks, beverages, desserts meat substitutes segments respectively . Regionally North America dominates global Micronized Pea Flour Market followed by Europe , Asia Pacific excluding Japan (APEJ) region while MEA region are projected exhibit highest CAGR over forecast period .
Product Definition:
A type of flour which is made from ground peas. It is often used in baking as it has a relatively high protein content and a slightly sweet flavour.
Organic:
Organic products are those manufactured or processed without the use of synthetic (artificial) ingredients. The global organic market is estimated to reach USD 44 billion by 2022, growing at a CAGR of XX% from 2015 to 2022. Growing health awareness among consumers is expected to drive the growth over the forecast period.
Micronized pea flour has been gaining popularity in various food applications such as bakery & confectionery and meat products on account of its high protein content.
Ordinary:
Ordinary is the first grade of processed pea flour. It has a wide range of applications in food & beverage industry as well as for animal feed. It can be used to make soups, sauces, gravies and other products that require flour as an ingredient. The product also finds application in cosmetics and pharmaceutical industries owing to its high nutritional value content which includes protein (17%), starch (12%) along with various vitamins and minerals such as iron, calcium etc.
Application Insights:
The global market has been segmented into five categories based on application namely sports nutrition, dietary supplements, bakery & snacks, beverages, and desserts. The dietary supplements segment held the largest share of over 40% in 2017. Micronized pea flour is used as an ingredient in various weight management products and sports drinks owing to its ability to reduce calorie intake without affecting one¢â‚¬â„¢s metabolism rate.
Dietary supplement manufacturers use it as a substitute for ground up tablets or capsules because of its ease of consumption and high bio-availability due to smaller particle size which helps improve digestion system along with strengthening muscles & bones.
Regional Analysis:
North America dominated the global market in 2017 owing to the high demand for dietary supplements and sports nutrition products. The region is expected to witness significant growth over the forecast period on account of rising health concerns among consumers, increasing awareness about healthy lifestyles, and growing consumer preference for natural ingredients-based products.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid urbanization, changing food preferences & lifestyle habits, and increasing disposable income levels in emerging economies such as China & India. Micronized pea flour has a vast scope for expansion due its properties such as easy digestion after consumption which makes it suitable for daily consumption by adults as well as children alike. These factors are expected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of micronized pea flour market.
- Rising awareness about the health benefits of consuming plant-based proteins is also fueling the growth of this market.
- Growing popularity of gluten-free diets is another major factor that is propelling the demand for micronized pea flour globally.
- Rapid urbanization and changing lifestyles are leading to an increase in consumption of processed foods, which in turn is boosting the demand for micronized pea flour worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micronized Pea Flour Market Research Report
By Type
Organic, Ordinary
By Application
Sports Nutrition, Dietary Supplements, Bakery & Snacks, Beverages, Desserts, Meat Substitutes
By Companies
Healy Group, Noosh Brands, CK Nutraceuticals, AméricaPampa, Novartia, Prinova, Masham Micronized Feeds, Exeller, BP Milling, MgFood, Herba Ingredients, BENEO
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Micronized Pea Flour Market Report Segments:
The global Micronized Pea Flour market is segmented on the basis of:
Types
Organic, Ordinary
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
Sports Nutrition, Dietary Supplements, Bakery & Snacks, Beverages, Desserts, Meat Substitutes
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:
- Healy Group
- Noosh Brands
- CK Nutraceuticals
- AméricaPampa
- Novartia
- Prinova
- Masham Micronized Feeds
- Exeller
- BP Milling
- MgFood
- Herba Ingredients
- BENEO
Highlights of The Micronized Pea Flour 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:
- Organic
- Ordinary
- By Application:
- Sports Nutrition
- Dietary Supplements
- Bakery & Snacks
- Beverages
- Desserts
- Meat Substitutes
- 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 Micronized Pea Flour 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:
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- Market Entry Strategies
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- Consumer Insights
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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?
Micronized pea flour is a type of flour made from ground peas. It has a very fine texture and is used in baking, breading, and other recipes.
Some of the key players operating in the micronized pea flour market are Healy Group, Noosh Brands, CK Nutraceuticals, Am©ricaPampa, Novartia, Prinova, Masham Micronized Feeds, Exeller, BP Milling, MgFood, Herba Ingredients, BENEO.
The micronized pea flour market is expected to grow at a compound annual growth rate of 6.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micronized Pea Flour 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 Micronized Pea Flour Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micronized Pea Flour 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 Micronized Pea Flour 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 Micronized Pea Flour Market Size & Forecast, 2018-2028
4.5.1 Micronized Pea Flour Market Size and Y-o-Y Growth
4.5.2 Micronized Pea Flour Market Absolute $ Opportunity
Chapter 5 Global Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Type
5.2.1 Organic
5.2.2 Ordinary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Applications
6.2.1 Sports Nutrition
6.2.2 Dietary Supplements
6.2.3 Bakery & Snacks
6.2.4 Beverages
6.2.5 Desserts
6.2.6 Meat Substitutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micronized Pea Flour 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 Micronized Pea Flour 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 Micronized Pea Flour Analysis and Forecast
9.1 Introduction
9.2 North America Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Type
9.6.1 Organic
9.6.2 Ordinary
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 Micronized Pea Flour Market Size Forecast by Applications
9.10.1 Sports Nutrition
9.10.2 Dietary Supplements
9.10.3 Bakery & Snacks
9.10.4 Beverages
9.10.5 Desserts
9.10.6 Meat Substitutes
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 Micronized Pea Flour Analysis and Forecast
10.1 Introduction
10.2 Europe Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Type
10.6.1 Organic
10.6.2 Ordinary
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 Micronized Pea Flour Market Size Forecast by Applications
10.10.1 Sports Nutrition
10.10.2 Dietary Supplements
10.10.3 Bakery & Snacks
10.10.4 Beverages
10.10.5 Desserts
10.10.6 Meat Substitutes
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 Micronized Pea Flour Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Type
11.6.1 Organic
11.6.2 Ordinary
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 Micronized Pea Flour Market Size Forecast by Applications
11.10.1 Sports Nutrition
11.10.2 Dietary Supplements
11.10.3 Bakery & Snacks
11.10.4 Beverages
11.10.5 Desserts
11.10.6 Meat Substitutes
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 Micronized Pea Flour Analysis and Forecast
12.1 Introduction
12.2 Latin America Micronized Pea Flour 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 Micronized Pea Flour Market Size Forecast by Type
12.6.1 Organic
12.6.2 Ordinary
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 Micronized Pea Flour Market Size Forecast by Applications
12.10.1 Sports Nutrition
12.10.2 Dietary Supplements
12.10.3 Bakery & Snacks
12.10.4 Beverages
12.10.5 Desserts
12.10.6 Meat Substitutes
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) Micronized Pea Flour Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micronized Pea Flour 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) Micronized Pea Flour Market Size Forecast by Type
13.6.1 Organic
13.6.2 Ordinary
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) Micronized Pea Flour Market Size Forecast by Applications
13.10.1 Sports Nutrition
13.10.2 Dietary Supplements
13.10.3 Bakery & Snacks
13.10.4 Beverages
13.10.5 Desserts
13.10.6 Meat Substitutes
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 Micronized Pea Flour Market: Competitive Dashboard
14.2 Global Micronized Pea Flour Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Healy Group
14.3.2 Noosh Brands
14.3.3 CK Nutraceuticals
14.3.4 AméricaPampa
14.3.5 Novartia
14.3.6 Prinova
14.3.7 Masham Micronized Feeds
14.3.8 Exeller
14.3.9 BP Milling
14.3.10 MgFood
14.3.11 Herba Ingredients
14.3.12 BENEO
