The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Dried Peas Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Dried Peas Global Market Report 2024, The dried peas market size has grown strongly in recent years. It will grow from $5.16 billion in 2023 to $5.54 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to traditional culinary use, long shelf life and storage, culinary versatility, agricultural practices, economic factors, historical trade and distribution.The dried peas market size is expected to see strong growth in the next few years. It will grow to $7.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.
The increasing trend of veganism among consumers is expected to drive the growth of the dried peas market in the future. Vegan consumers, who abstain from consuming animal products and by-products, seek nutritious and sustainable alternatives to meat and dairy. Dried peas serve as a versatile and budget-friendly option for vegan diets, offering both nutritional value and culinary versatility. According to a survey conducted by The Grocer in September 2021, 15% of UK consumers have completely eliminated dairy from their diets, while an additional 42% have significantly reduced their dairy intake. Furthermore, 20% of respondents expressed a growing preference for plant-based products overall. Therefore, the increasing adoption of veganism among consumers is fueling the demand for dried peas in the market.
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The dried peas market covered in this report is segmented –
1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Conventional, Organic
3) By Application: Household Or Retail, Foodservice Or HoReCa, Animal Feed, Pharmaceuticals And Supplements, Cosmetics And Personal Care, Food And Beverage Processing
Top Major Players
The Kraft Heinz Company,
Simplot Company,
Ingredion Inc.,
Roquette Frères S.A.,
Del Monte Foods Inc.
The dried peas market report table of contents includes:
1. Executive Summary
2. Dried Peas Market Characteristics
3. Dried Peas Market Trends And Strategies
4. Dried Peas Market - Macro Economic Scenario
5. Global Dried Peas Market Size and Growth
6. Dried Peas Market Segmentation
7. Dried Peas Market Regional And Country Analysis
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34. Key Mergers And Acquisitions In The Dried Peas Market
35. Dried Peas Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Dried Peas Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Dried Peas Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Dried Peas Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: The Kraft Heinz Company Financial Performance
Table 75: Simplot Company Financial Performance
Table 76: Ingredion Inc. Financial Performance
Table 77: Roquette Frères S.A. Financial Performance
Table 78: Del Monte Foods Inc. Financial Performance
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