Huge Demand for Organic Pea Flour Accelerates the Global Pea Flour Market Size

The food and baking goods industry was competitive, increasing the demand for pea flour. Numerous types of bread are manufactured globally, and the amount is growing increasingly to attract customers. These days, bread with added pea flour is one of these developing items in the consumer's market due to the nutritional content of the peas. These types of amalgamations are also enhancing market growth.

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Data Bridge Market Research analyses that the Global Pea Flour Market is expected to reach USD 1407,903.16 million by 2030, which is USD 755,035.26 million in 2023, registering a CAGR of 5.07% during the forecast period of 2023 to 2030. The increasing demand for pea flour will provide potential opportunities for the market growth in the forecast period.          

Increasing demand for gluten-free flour is anticipated to drive the market's growth rate

Several gluten-free bakery formulations use flour and starches containing little or no nutritional value. Yellow pea flour includes dietary fiber, protein, vitamins, and minerals. For instance, adding yellow pea flour into gluten-free pita bread formulations creates the opportunity to offer nutritional benefits to consumers. The increasing demand for gluten-free flour and pulse in bakery items and others is enhancing the market's growth at a huge rate for the global pea flour market.

Report Scope and Market Segmentation

Segment Analysis:  

Global pea flour market is categorized into four notable segments which are based on the basis of category, type of peas, application and distribution channel.

• On the basis of category, the pea flour market is segmented into inorganic and organic.

The inorganic segment of category segment is anticipated to dominate the pea flour market

The inorganic segment is dominating the pea flour market with the market share of 84.11% due to main factors such as contemptible price and increase of production in the segment.

• On the basis of type of peas, the pea flour market is segmented into yellow peas and green peas.

The yellow peas segment of peas segment is anticipated to dominate the pea flour market

The yellow peas segment is dominating the pea flour market with the market share of 63.86% because of factors such as yellow peas which are rich source of proteins and provides numerous health benefits such as heart problem and healthy blood.

• On the basis of application, the pea flour market is segmented into food & beverages, animal feed and household/retail. The food & beverages segment is dominating the pea flour market with the market share of 68.79% as pea flour is majorly preferred in bread and snacks, cakes, biscuits and convenience food because of its high protein value and major intake by the consumer for the growth.
• Based on distribution channel, the pea flour market is segmented into direct and indirect. The direct segment is dominating the pea flour market with the market share of 63.46% as it is basic food ingredient for the manufacturing of food products.

Major Players

Data Bridge Market Research recognizes the following companies as the major pea flour market players in pea flour market are Ingredion (U.S.), Grain Millers, Inc. (U.S.), AGT Food and Ingredients (Canada), Golden Grain Mills (Australia), A&B Ingredients, Inc. (U.S.), Midlands Holdings (China), Barry Farm Foods (U.S.), Murlidhar Industries (India), r.c.marketing. (India), Informa Markets (U.S.).

Market Development

• In 2020, Limagrain Ingredients launched an extruded yellow pea flour product, particularly for pet food.  This new ingredient provides a formulation with higher nutritional values while helping manufacturers to meet consumer demands for clean-label and grain-free pet foods.
• In 2019, ADM launched a new line of organic flours to the massive range of flour, milled products with high-performing organic flours. It provides consistent wheat procurement and customized processing to meet customer needs. The new product line is going to deliver consistent taste and texture in the baked products meeting the organic foods demand

Regional Analysis

Geographically, the countries covered in the pea flour market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in pea flour market during the forecast period 2023 to 2030

Asia-Pacific dominates the pea flour market due to the large food processing industry and growing prevalence of celiac disease in this region. Also, China is leading the Asia-Pacific pea flour market because of the increasing health awareness among consumers regarding food products.

North America is estimated to be the fastest-growing region in pea flour market the forecast period 2023 to 2030

Asia-Pacific is expected to grow during the forecast period of 2023 to 2030 because of the increased consumption of pea-based products in the U.S. Additionally, significant development of pea-based food products among U.S. customers is further anticipated to boost the market growth in this region.  

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