Asia-Pacific Pea Flour Market – Industry Trends and Forecast to 2030

Asia-Pacific Pea Flour Market Analysis and Size

Pea flour is being progressively used as a functional food ingredient in the global market and is derived from the green and yellow peas. Gluten causes dermatitis herpetiformis, celiac disease, digestive tract illnesses and other health difficulties. This has presented opportunities for the gluten-free foods in the Asia-Pacific pea flour market. Gluten causes dermatitis herpetiformis, celiac disease, digestive tract illnesses and other health difficulties. As a result, the demand for the gluten-free foods such as pea flour is rapidly increasing which eventually enhances the market growth.

Data Bridge Market Research analyses that the Asia-Pacific pea flour market which was USD 2,97,308.65 million in 2022, is expected to reach to USD 5,69,695.74 million by 2030, and is expected to undergo a CAGR of 8.5% during the forecast period of 2023 to 2030. “Green Pea” is the dominating segment of Asia-pacific pea flour market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Asia-Pacific Pea Flour Market Scope and Segmentation

Market Definition

Pea flour is a type of flour which is mainly prepared from roasted yellow field peas. Roasting increases the nutritional value of flour by allowing more carbohydrates and proteins to be retrieved. Usually, peas were ground 3 times in stone mills motorized by water. The caramelization during roasting of yellow field pea gives the pea flour a brownish yellow color, and also gives the texture ranges from fine to resolute.

Asia-Pacific Pea Flour Market Dynamics

Drivers

• Increasing Demand for Yellow Pea Flour among CONSUMERS

The increasing demand for yellow pea flour among consumers is expected to drive the growth rate of the market during the forecast period of 2023-2030. Yellow pea flour is a major source of carbohydrates and photo protein. It also has medical appearances, which supports the market to grow. They are low in fat and rich in protein, fibre, and antioxidants. It's also been observed that the consumption of whole pulses lowers the level of glucose in blood after meals. It works well in scones, pancakes, cookies, batters, and other baked goods. Hence, increasing demand for yellow pea flour among consumers which will enhance the market growth.

• Growing focus of market players on Consumer Health

Increasing focus of market players on consumer health is anticipated to restrain the usage of wheat and rice flour, thus leading to a positive impact on the growth of the pea flour market. Gluten-free nature and ability of the pea flour product to improve the shelf-life and texture of food are expected to boost the market growth. Pea flour improves the complete nutritional content of the foodstuff, which is expected to increase the demand of this flour in the global market.

Opportunities

• Rapidly Increasing Demand of Organic Pea Flour

The rapid growth of pea flour market is generally attributed to the increasing demand for organic products such as organic pea flour with the rising number of certified organic pea produce farms and growing trend of clean label products. The trend of clean label products is increasing as consumers opt for natural products such as organic pea flour, which have fewer additives and chemicals. Thus, increasing demand of organic pea flour will create lucrative opportunities for the market growth.   

• Health Benefits Associated with Consumption of Pea Flour

The availability of various nutritional elements in pea flour such as sodium, selenium, iron, potassium and magnesium is anticipated to increase its demand during the forecast period of 2023-2030. The consumption of pea flour aids in curbing health problems such as diabetes, and cancer, coronary heart disease, obesity thereby leading to augmented consumption and create ample opportunities for the market growth.

Restraint/Challenge

• Availability of other Organic and Ordinary Protein Constituents

The Asia-Pacific pea flour market may be hindered by the availability of other organic and ordinary protein constituents. The increasing demand for oil-seed and nut-based flours such as soy, hemp and almond will hamper the growth of the market. Moreover, the digestion of pea flour is very difficult which may operate as a major obstruct for the market growth during the forecast period.

This Asia-Pacific pea flour market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Asia-Pacific pea flour market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market in​​​​​​​sight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2020, according to the FORTUNE Magazine for the 12th year in a row, ADM has been most admired company overall the world in the food production industry. ADM has improved its brand image by getting this award which will increase more consumers to its portfolio
• In 2020, Limagrain Ingredients launched an extruded yellow pea flour product especially for pet food.  This new ingredient offers a formulation with higher nutritional values while aiding manufacturers to meet consumer demands for clean-label and grain-free pet foods

 Asia-Pacific Pea Flour Market Scope

The Asia-Pacific pea flour market is segmented on the basis of category, type of peas, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Category

• Organic
• Inorganic

 Type of Peas

• Green
• Yellow
• Maple
• Marrowfat

Application

• Food and beverages
• Animal feed
• Household/retail

 Distribution Channel

• Direct
• Indirect

Asia-Pacific Pea Flour Ingredients Market Regional Analysis/insights

The Asia-Pacific pea flour market is analysed and market size insights and trends are provided by country, category, type of peas, application and distribution channel as referenced above.

The countries covered in the Asia-Pacific pea flour market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).

China is dominating and is expected to witness significant growth in the Asia-Pacific pea flour market due high demand for the nutritious food products by the consumers. In order to fulfil the demand of the people the manufacturers are more focused in providing high quality pea flour that can be utilized by food and beverages sector.  

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the Market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. 

Competitive Landscape and Asia-Pacific Pea Flour Market Share Analysis

The Asia-Pacific pea flour market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pea flour market.

Some of the major players operating in the Asia-Pacific 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.)
• Murlidhar Industries (India)
• Informa Markets (U.S.)

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