North America Pea Flour Market Segmentation, By Category (Organic, Inorganic), Type of Peas (Green Peas, Yellow Peas), Application (Food & Beverages, Animal Feed, Household/Retail), Distribution Channel (Direct, Indirect) - Industry Trends and Forecast to 2031.
North America Pea Flour Market Size
North America pea flour market size was valued at USD 214.30 million in 2023 and is projected to reach USD 365.46 million by 2031, with a CAGR of 6.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes
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Pea Flour Key Market Insights
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Segmentation
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By Category: Organic, Inorganic
By Type of Peas: Green Peas, Yellow Peas
By Application: Food & Beverages, Animal Feed, Household/Retail
By Distribution Channel: Direct, Indirect
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Countries Covered
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U.S., Canada, Mexico
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Key Market Players
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AGT Food and Ingredients, Bob’s Red Mill Natural Foods, Batory Foods, Limagrain, Avena Foods, Limited, Barry Farm Foods, Woodland Foods, Ingredion Incorporated, ADM, Anchor Ingredients, Hearthy Foods, PAULA Ingredients and K2 Milling
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North America Pea Flour Market Dynamics
High utilization of pea based products especially ready to eat meal and beverage with highest nutritional composition have fuelled the market growth of pea flour. Peasemeal (also called pea flour) is flour which is produced from yellow field peas that have been roasted. The roasting enables greater access to protein and starch increasing the nutritive value. Traditionally, the peas would be grounded three times using water-powered stone mills. The colour of the flour is brownish yellow due to the caramelization achieved during roasting, while the texture ranges from fine to gritty. The usages of pea’s meal are similar to maize meal in baking, porridge and quick breads. Pea’s meal has had a long history in Great Britain and is still used in Scotland for dishes such as brose and bannocks. Pea flour market is growing with factors such as growing demand from bakery and food & beverage sector, increasing inclination towards healthier option over traditional flour and high nutrient and other protein content in pea flour. However, the rising demand of oil-seed and nut based flour and digestion issue of pea flour may obstruct the growth of the pea flour market in the given forecast period.
The growing number of research and development in the field is providing an ample opportunities for the growth of pea flour market and it has been witnessed that it will rise drastically resulting in the growth for the pea flour market. The side-effects of pea flour such as causing occupational asthma have created challenges for the manufacturers dealing in the pea flour market.
The pea flour market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the pea flour market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Pea Flour Market Scope
Pea flour market is segmented on the basis of category, type of peas, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Category
- Organic
- Inorganic
Type of Peas
- Green Peas
- Yellow Peas
Application
- Food & Beverages
- Animal feed
- Household/Retail
Distribution Channel
- Direct
- Indirect
North America Pea Flour Market Regional Analysis
The pea flour market is analysed and market size information is provided by country, category, type of peas, as application and distribution channel referenced above.
The countries covered in the North America pea flour market report are the U.S., Canada and Mexico.
- In North America, the U.S. have comprised the highest market share which is followed by Canada and Mexico. The high consumption of pea based products in the United States and their associated development of the food products such as breakfast cereals, snacks, ready to eat meals and drinks among American consumers have led their demand in the United States.
The country section of the report also provides individual Asia-Pacific market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North American brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Pea Flour Market Share
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, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to pea flour market.
Pea Flour Market Leaders Operating in the Market Are:
- AGT Food and Ingredients
- Bob’s Red Mill Natural Foods
- Batory Foods
- Limagrain
- Avena Foods, Limited
- Barry Farm Foods
- Woodland Foods
- Ingredion Incorporated
- ADM
- Anchor Ingredients
- Hearthy Foods
- PAULA Ingredients and K2 Milling
Latest Developments in Pea Flour Market
- 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.
- In March 2017, Anchor Ingredients established partnership with Beach Corporative Grain. Co, North Dakota. The new construction facility was provided by this partnership which comprises of processing of all pulse commodities for the domestic food and pet food industries and exports. It helps company to expand its geographical presence and provide wide range of processed pulses commodities.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the pea flour market which also provides the benefit for organization to improve their offering for pea flour products in the market.
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