Pea Flour Market to Grow with a CAGR of 10.8% Globally through 2028

Rising demand for plant-based proteins and increasing health awareness are driving the Global Pea Flour Market in the forecast period 2024-2028.

According to TechSci Research report, “Global Pea Flour Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Pea Flour Market stood at USD 17.85 Billion in 2022 and is anticipated to grow with a CAGR of 10.8% in the forecast period, 2024-2028. The global pea flour market has been experiencing notable growth and transformation in recent years, driven by changing consumer preferences, dietary trends, and advancements in food technology. This market overview provides insights into the key factors shaping the global pea flour market.

One of the primary drivers of the global pea flour market is the increasing demand for plant-based proteins. Consumers are increasingly adopting vegetarian, vegan, and flexitarian diets for various reasons, including health and environmental concerns. Pea flour, derived from yellow and green peas, has gained prominence as an excellent source of plant-based protein, containing approximately 20-25% protein content. This has made it a preferred choice for food manufacturers looking to enhance the protein content of their products. Pea flour is commonly used in the formulation of plant-based meat alternatives, dairy substitutes, and protein-rich snacks. The rising popularity of plant-based diets is expected to continue fueling the growth of the pea flour market.

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Another significant driver is the increasing demand for gluten-free and allergen-friendly food products. Pea flour is inherently gluten-free, making it suitable for individuals with celiac disease or gluten sensitivity. Moreover, it is free from common allergens like soy, nuts, and dairy, making it a safe choice for those with food allergies. As consumers become more health-conscious and seek out products that cater to their dietary restrictions, food manufacturers are incorporating pea flour into a wide range of gluten-free and allergen-friendly products, such as pasta, bread, snacks, and baked goods. This trend aligns with the growing awareness of dietary concerns and the need for inclusive food options.

The global focus on health and wellness is driving the demand for nutritious and functional food ingredients, and pea flour fits this bill. Pea flour is rich in essential nutrients, including protein, dietary fiber, vitamins, and minerals. It is also known for its low glycemic index, making it a suitable choice for individuals looking to manage blood sugar levels. These health benefits have made pea flour a valuable ingredient in products aimed at promoting health and well-being. From protein powders and smoothie mixes to fortified foods, pea flour has found its way into a variety of nutritional and functional food products. The emphasis on health-conscious choices is likely to sustain the growth of the pea flour market.

Sustainability has become a significant factor influencing consumer preferences and industry practices. Pea cultivation is known for its environmental benefits. Peas are nitrogen-fixing crops, which means they enhance soil quality by naturally adding nitrogen, reducing the need for synthetic fertilizers. Additionally, pea crops typically require less water and have a lower carbon footprint compared to some other crops. As sustainability concerns gain prominence, food manufacturers are increasingly turning to pea flour as a sustainable ingredient option. Consumers are also showing a preference for products that have a positive environmental impact, contributing to the growth of the pea flour market.

The global pea flour market has benefited from ongoing product innovation and diversification. Food manufacturers are finding creative ways to incorporate pea flour into various products, expanding its applications beyond traditional uses. This includes the development of gluten-free pasta, pea protein isolates for plant-based meat alternatives, and baked goods made with pea flour. As the versatility of pea flour becomes more apparent, it opens up opportunities for new product launches and collaborations across the food industry. The drive for innovation and diversification is expected to be a key driver of growth in the pea flour market in the coming years.

In conclusion, the global pea flour market is experiencing robust growth due to factors such as the increasing demand for plant-based proteins, the popularity of gluten-free and allergen-friendly products, a focus on health and wellness, sustainability concerns, and ongoing product innovation. As consumer preferences continue to evolve, and as the food industry adapts to meet these demands, the pea flour market is expected to expand further, presenting opportunities for both manufacturers and consumers seeking nutritious and sustainable food options.

The Global Pea Flour Market is segmented into category, type, distribution channel, regional distribution, and company.

Based on category the market is segmented into organic and inorganic. The global pea flour market has seen a notable increase in the demand for organic pea flour in recent years. Consumers are increasingly seeking organic products due to health and environmental awareness. Organic pea flour, produced without synthetic pesticides or genetically modified organisms (GMOs), aligns with these preferences. It offers a healthier and more sustainable option, appealing to those concerned about chemical residues and ecological impact. This trend signifies a growing shift towards organic and eco-conscious food choices in the global pea flour market.

Based on type the market is segmented into green, yellow, maple and marrowfat.

Based on distribution channel the market is segmented into direct sales and indirect sales.

Based on region the market is segmented into five regions, North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Major companies operating in Global Pea Flour Market are:

• Ingredion
• Grain Millers, Inc.
• AGT Food and Ingredients
• Golden Grain Mills
• A&B Ingredients, Inc.
• Midlands Holdings
• Barry Farm Foods
• Murlidhar Industries
• Bob’s Red Mill Natural Foods
• Informa Markets

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“Innovation in textured pea proteins is a significant trend that is expected to have an impact on growth over the forecasted period. Rising popularity of plant-based diets, growing health awareness, and diversification of applications in snacks and baked goods will positively impact the Global Pea Flour Market. Due to the wide range of products available to meet specific needs of, as well as the growing popularity of the direct sales channel, the market is growing at impressive rate through projected period,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Pea Flour Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Category (Organic, Inorganic), By Type (Green, Yellow, Maple, Marrowfat), By Distribution Channel (Direct Sales, Indirect Sales), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Pea Flour Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Pea Flour Market.

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