North America Pea Flour Market is expected to grow with the CAGR of 6.94% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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North America pea flour market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to the favourable market scenario.
The major players dealing in the North America pea flour market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio.
For instance
- In March 2019, ADM launched organic flour to its portfolio containing comprehensive range of flour milled products which is consistent and contains high quality of certified organic flour. The company is going to increase its North America sale through the launch of this product.
Ingredion Incorporated is the dominating player in North America pea flour market. The other key players existing in the market includes ADM, AGT Food and Ingredients, Limagrain Holding Group, Bob’s Red Mill Natural Foods, Batory Foods, Avena Foods, Limited, Vestkorn, Diefenbaker Spice & Pulse, Barry Farm Foods, Cates Grain & Seed, Woodland Foods, Hansco Distributors Inc, Anchor Ingredients, Hearthy Foods, Paula Ingredients and K2 Milling.
ADM
ADM is headquartered in Illinois, the U.S. The company was founded in 1902. The company is engaged in commercialization of animal and human nutrition around the world. ADM is operating in AG services and oilseeds, carbohydrate solutions and nutrition. The carbohydrate solutions is our main market focussed segment. The company is providing products under food and beverage solutions, animal nutrition, fuel, industrials, logistics, farmer services and financial services categories. The market focus products lie under food and beverage solutions category. The company is engaged in continuous innovation along with research and development for the ingredients and pea flour extracts.
- In September 2019, ADM started its new, state-of-the-art flour mill in Mendota, Illinois. The new mill built is the largest mill in North America which is going to maximize the production facilities. The company has benefitted by maximizing its output and increasing the North America sales for the company.
The company has wide presence across Africa, Asia-Pacific, North America, South America and Europe. The company has various subsidiaries like ADM (Shanghai) Management Co., Ltd. (China), ADM Agro Iberica S.L.U.( Spain), ADM Agro S.R.L. (India), ADM Arkady Limited (U.K.), ADM Czernin S.A.(Poland), ADM Export Co.(U.S.), ADM International Sàrl (Switzerland) and among others.
Ingredion Incorporated
Ingredion Incorporated is headquartered in Illinois; the U.S. was founded in 1906. The company focuses on developing ingredient solutions providing starches, sweeteners, plant based proteins and unique ingredients from various sources such as corn, tapioca, rice, sago and potato, peas, beans and lentils. The company is providing products under foamation Foaming Agents, homecraft Pulse Flours, vitessence Pulse Proteins, versafibe dietary fibers, nutraflora prebiotic fiber, ENLITEN Fusion stevia sweetener, HI-maize resistant starch, Stable, enliten Reb M stevia leaf sweetener, precisa Crisp texturizers, homecraft Create rice flours, novation functional native starches, multi-functional tapioca flours, Polyols, enliten Fusion stevia sweeteners. The market focus products are homecraft pulse flours and vitessence pulse proteins.
- In May 2020, Ingredion Incorporated and Batory Foods signed a new ingredient distribution agreement in South California to expand its multi-functional flours and fibers to enhace the product portfolio. The agreement is going to increase the revenue along with profit maximization for the company.
The company has wide presence across North America, South America, Europe, Middle East and Africa and Asia-Pacific. The company also has various subsidiary companies such as Arrendadora Gefemesa, S.A. de C.V (Mexico), Corn Products Sales LLC (Delaware), Ingredion Integra, S.A. de C.V. (Mexico), Ingredion Shandong Limited (China) and Laing-National Limited (England), among others.
AGT Food and Ingredients
AGT Food and Ingredients is headquartered in Saskatchewan, Canada, was founded in 2007. The company focuses on providing clean and quality products with bulk, bagged and packed pulses and food stuff. The company is engaged in providing products in categories such as lentils, peas, chickpeas, beans, rice, pasta and semolina, bulgur wheat, pulse ingredients and other products among which peas and pulse ingredients is the market focused category.
For instance-
- In December 2017, AGT Food and Ingredients Inc. announced its terminal service agreement with the Fibreco Export Inc. to handle the transporting facilities of dry bulk storage, rail capacity to receive full unit trains, and a new shiploader. The agreement is going to benefit the company in increasing its sale and generating more income for the company.
The company has wide presence across Americas, Europe, Africa and Asia. The company has various subsidiary companies such as A.Poortman (London) Ltd. (U.K.), Alliance Pulse Processors Inc.(Canada), United Pulse Trading, Inc. (U.S.), Arbel S.A.(Turkey) and Australia Milling Group Pty Ltd. (Australia), among others.. The company has initiated many strategic initiatives to expand its market.
