Global Pea Flakes Market by Type (Yellow, Green), by Application (Animal Feed, Food Processing) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

In 2018, the global pea flakes market was worth USD 1.8 billion. Market growth is expected to be driven by the growing use of pea flakes as a food ingredient and the increasing awareness of its health benefits for fitness enthusiasts. Pea flakes are becoming more popular in animal feed due to their proven ability to provide essential nutrients and easy digestion.

The rising awareness of the health benefits pea flakes have on people, particularly in developing countries like India, China, Brazil, is expected to continue to drive more demand. Pea flakes have seen a rise in demand over the years due to their high nutritional content, ease of cooking, and fast digestion. These products are in high demand by athletes, sportspersons, and those who work out at the gym due to their high protein content.

They are also used in breadcrumbs, salad toppings, instant soups, and many other food products. These products are easy to find and can be added to water. This is a key factor in driving product demand. Pea flakes are widely used as animal feed because of the presence of amino acid Lysine. Pea flakes are easily digestible by starch during crushing and flattening.

Pea flakes are high in calories, and pets love them as a snack. Pea flakes are also more stable and easily dissolved in water, making them a good choice for aqua feed. They can be eaten by young fishes too. This market will see increased demand in the future due to these factors.

Type Insights

Yellow pea flakes contain high levels of protein and other nutritional necessities. A 100g serving of yellow pea flakes has 144 calories. It also contains 10 grams protein and 2 mg sodium. There are 26 grams of cholesterol, 10 gram protein, and no cholesterol. Yellow pea flakes have become a popular staple food, as yellow peas are more common than green.

The nutritional content of green pea flakes is equally high and they are widely accepted around the world. 100 grams of green pea flakes contain 81 Kcal energy, 14.46g of carbohydrates, 5.42g of protein, and 5.1g dietary fibres. There is also zero cholesterol. The milder taste of yellow pea flakes is more common than that of the sweeter green pea flaflakes. Green pea flakes will see increased demand over the next few years due to their high nutritional content and good amount of fiber.

Distribution Channel Insights

Hypermarket/supermarket led the market in 2018 and generated a revenue of USD 765.7 million. This market segment is gaining popularity due to its advantages such as the ability to scan the product before purchasing. A large market share for peaflakes was held by convenience stores in 2018, due to their easy availability.

Online sales are expected to grow at a 10.6% annual rate between 2019 and 2025. E-commerce portals will continue to be a major selling medium due to their ability offer value-added services such as free delivery at home, cash-ondelivery (COD), international shipment facilities, return/exchange policies, coupon benefits, and overseas shipping. Online shopping is booming due to the growing preference for Big Basket, Grofers and Dunzo by consumers in emerging economies like India.

Application Insights

Pea flakes were used in food processing for 35.7% of the total market in 2018. They are widely used in many food products, including soups, sandwiches, salads, and sandwiches. Pea flakes are rich in vitamins and fiber. They are known to boost metabolism and aid in the conversion of food into energy. Pea flakes are becoming a popular ingredient in animal feed. They contain the amino acid Lysine and are easy for animals to digest.

Pea flakes are more consistent and water solubility makes them an excellent aquafeed for small fishes. Pea flakes are increasingly in demand among households due to their health benefits. Pea flakes are being used by fitness-oriented people as a replacement for breakfast or dinner because of their high energy and protein levels.

Regional Insights

North America was the dominant market with 35.2% of total revenue in 2018. The market will continue to be driven by the growing demand for pea flakes, particularly in the U.S., to address health issues such as obesity and high blood pressure. The market is also growing because of the availability of these products at lower prices and the high spending power of people in developed countries.

In 2018, Europe held a large market share. In 2018, Europe held a significant market share. Due to the rising working-class population in Asia Pacific and the increasing disposable income in developing countries like China and India, the region is expected to see significant growth over the next few years.

Market Share Insights for Pea Flakes

Garden Valley Foods, Gemef Industries (Sotexpro); PE Levona, JR Farm; BP Milling and Dumoulin S.A. Green Foods LLP are key players in this market. Inland Empire Foods Inc. is focusing on natural ingredient-based pea flakes for animal feed. Wheeky Pets, LLC's Weekly Pea Flakes is made from 100 percent natural ingredients and are processed, packaged, and grown in the U.S. This light and crispy product makes a great treat for Weekly Treat Balls. It is especially suitable for small pets such as guinea-pigs, rabbits and hamsters.

Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at both the country and global levels. It also provides analysis of industry trends for each sub-segment from 2015 to 2025. Up Market Research segmented the market report on global pea flakes based on type, distribution channel and region.

• Application Outlook (Revenue USD Million, 2015-2025)

  • Food Processing

  • Animal Feed

  • Aqua Feed

  • Households/Retail

• Type Outlook (Revenue USD Million, 2015-2025)

  • Yellow

  • Green

• Distribution Channel Outlook (Revenue USD Million, 2015-2025)

  • Hypermarket/Supermarket

  • Convenience Stores

  • Online

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

Up Market Research published a new report titled “Pea Flakes Market research report which is segmented by Type (Yellow, Green), by Application (Animal Feed, Food Processing), By Players/Companies packaged in the US This product is light and crispy and serves as a nice treat for the Weekly Treat Balls suited especially for guinea pigs, processed, especially for the animal feed category For instance, rabbits, hamsters, other small pets, LLC is 100 percent natural ingredient based and are grown, Weekly Pea Flakes by Wheeky Pets, Garden Valley Foods; Gemef Industries (Sotexpro); PE Levona; JR Farm; BP Milling; Dumoulin SA; Green Foods LLP;  and Inland Empire Foods Inc Companies are focusing on introducing natural ingredient based pea flakes”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Pea Flakes Market Report Segments:

The market is segmented by Type (Yellow, Green), by Application (Animal Feed, Food Processing).

Pea Flakes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Pea Flakes Market

Overview of the regional outlook of the Pea Flakes Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Pea Flakes Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Pea Flakes Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Yellow

                2. Green

                1. Animal Feed

                2. Food Processing

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pea Flakes 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 2028.

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Reasons to Purchase the Pea Flakes Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.