Home > Food & Beverages > Processed Food > Convenience Foods > Pea Flakes Market
Pea Flakes Market size was valued at USD 1.79 billion in 2023 and is anticipated to register a CAGR of over 7.6% between 2024 and 2032. Pea flakes, which are made from dried and mashed peas, have been very popular recently because of their nutritional value and adaptability. They are well-liked by people with gluten sensitivity or those on gluten-free diets since they may be used as a gluten-free substitute for regular grains and cereals. Pea flakes are also a popular option for consumers looking for plant-based protein sources who are health-conscious because they are high in fiber, protein, and other important elements.
As research continues to explore its nutritional benefits and culinary applications, the growth of the pea flake market in North America has been driven by several factors. These include the rising demand for plant-based protein sources and gluten-free alternatives, evolving consumer preferences towards healthier food options, and increasing awareness of the environmental sustainability associated with pea-based products. Additionally, advancements in processing technologies and product innovations, such as flavored and seasoned varieties, are contributing to the expansion of the market in these regions.
Report Attribute | Details |
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Base Year: | 2023 |
Pea Flakes Market Size in 2023: | USD 1.79 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 7.6% |
2032 Value Projection: | USD 3.44 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 305 |
Tables, Charts & Figures: | 255 |
Segments covered: | Types, End use industry, Distribution channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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The pea flakes market faces two major challenges, consumers' preferences for certain tastes and textures, as well as competition from other ingredients. Although pea flakes have nutritional advantages, some customers could find them to be less appetizing than traditional grains in terms of taste or texture, which could restrict their acceptability. To address issues with taste and texture, new product development and marketing are needed to highlight the adaptability of pea flakes in a range of dishes. Other plant-based protein sources like rice, quinoa, and soy, which can have comparable nutritional advantages or appeal to different customer tastes, are another competitor in the market.
To distinguish out in a crowded market, manufacturers must stress the distinct nutritional profile, sustainability advantages, and culinary diversity of pea flakes. In order to overcome these obstacles and increase the acceptance and preference for pea flakes among health-conscious customers looking for plant-based substitutes, effective marketing campaigns, product diversity, and consumer education programs are needed.
The market for pea flakes has grown significantly and is exhibiting encouraging trends due to a number of factors. One noteworthy development is the growing tendency of consumers switching to plant-based diets due to worries about animal cruelty, sustainability, and health. Rich in minerals, fiber, and protein, pea flakes complement this trend by providing a wholesome and sustainable substitute for conventional grain-based goods. Because of these advantages over other foods and their adaptability in the kitchen, pea flakes have become more and more popular among customers.
Pea flakes are being more widely used in gluten-free baked goods, snacks, and breakfast cereals as a result of this trend. In addition, in response to changing consumer tastes, the pea flakes market is seeing innovation and product variety. Producers are responding to a range of palates and culinary requirements by offering ready-to-eat alternatives and flavored and seasoned variants of pea flakes. Though there have been encouraging developments, the market for pea flakes still confronts obstacles including consumer preferences for certain tastes and textures as well as competition from substitute products.
The taste and texture of pea flakes may not be as appealing to some customers as traditional grains, which could prevent them from becoming widely accepted. Furthermore, the expansion of the market is threatened by competition from other plant-based protein sources including quinoa, lentils, and soy.
As consumer awareness and demand for plant-based, gluten-free options continue to develop, the market for pea flakes is generally expected to continue growing and expanding. For producers, distributors, and other food industry players, the market offers substantial prospects if they take proactive measures to tackle obstacles and leverage new trends.
Based on type, the market is divided into whole pea flakes, split pea flakes, organic pea flakes, instant pea flakes, pea protein flakes, flavored pea flakes. Whole pea flakes held the dominant market value of USD 547.2 million in 2023 and expected to reach around USD 1.08 billion in 2032.
The pea flakes market is dominated by whole pea flakes because of their adaptability, nutritional content, and culinary uses. Whole pea flakes have a stronger texture and flavor profile since they contain the whole pea kernel. They are extensively utilized in a wide range of culinary items, including plant-based meat substitutes, baked goods, snacks, and breakfast cereals. Whole pea flakes have a dominant market position due to their increased demand from health-conscious consumers looking for plant-based protein sources and gluten-free alternatives.
Based on end user industry, the market is categorized into food industry, nutritional supplements, animal feed industry, and others. Food industry segment held the dominant market share of 35.54% in 2023 and expected to reach around 36.50% in 2032. The food industry dominates the pea flakes market because it uses pea flakes extensively as an ingredient in a wide range of culinary products. Pea flakes are used by food makers in a variety of products, such as plant-based meat substitutes, baked goods, snacks, and breakfast cereals.
The fact that pea flakes are so widely used in the food business shows that it understands their nutritional value, adaptability, and the growing desire from consumers for plant-based and gluten-free products. Consequently, food firms are essential to the development and growth of the pea flakes industry.
Followed by nutritional supplement segment, pea flakes are being used more and more in the production of protein powders, supplements and fortified food items marketed to consumers who are concerned about their health and fitness. In order to satisfy the increasing demand from customers looking to support their active lifestyles and dietary objectives for plant-based protein sources, these supplements take advantage of the high protein content and nutritional advantages of pea flakes. As a result, the market expansion and application diversification of pea flakes are significantly aided by nutritious supplements.
Based on distribution industry, the pea flakes market is categorized into online, convenience store, supermarket, wholesaler and others. Online distribution channels have become the dominant force in the pea flakes sector, taking the highest market share. Online platforms' wide range of products, ease of use, and accessibility are the reasons for this development. Because they can browse a large selection of brands, compare prices, and place orders from the comfort of their homes, consumers are becoming more and more accustomed to the convenience of ordering pea flakes online. Online retailers also frequently offer convenient delivery alternatives, comprehensive product information, and user feedback, all of which improve the overall purchasing experience for customers.
North America dominated the global pea flakes market in 2023. It generated a revenue of USD 636.1 million in 2023 and expected to reach around 1.25 billion in 2032. Several important reasons, North America has a larger market share than other regions for pea flakes, mostly because of a number of variables.
First off, health, environmental sustainability, and animal welfare concerns have caused a notable movement in North American consumer behavior toward plant-based diets. As a result, there is a rising need for wholesome and environmentally friendly substitutes for conventional grain-based goods. Pea flakes have become a popular choice because of their high nutritional content and lack of gluten.
Furthermore, a large consumer base may be reached through the manufacture, distribution, and marketing of pea flakes thanks to North America's well-established food industry infrastructure. Manufacturers can effectively access and satisfy the wide range of preferences of North American consumers because to their broad retail networks, internet platforms, and foodservice outlets. The pro-active marketing strategies and product innovation endeavors of North American enterprises have facilitated the extensive integration of pea flakes into many food categories, such as plant-based meat substitutes, breakfast cereals, snacks, and baked products.
As a result of a combination of advantageous consumer trends, a strong food industry infrastructure, and astute market positioning, North America leads the world in both the consumption and production of pea flakes.
The market for pea flakes is highly competitive, with both well-established businesses and up-and-coming competitors vying for market share in this quickly expanding industry. Leading companies like JR farms, Garden valley food, Gemef industries and many more are food producers with a wide range of plant-based goods and specialty makers who concentrate on pea-based components. To keep a competitive edge, these businesses make use of their wide distribution networks, well-known brands, and capacity for research and development. Partnerships and collaborations with foodservice providers, retailers, and ingredient suppliers also improve product availability and market reach.
Technological developments in processing methods and packaging allow businesses to increase shelf life, improve convenience, and improve product quality—all which fuel market rivalry. The pea flakes market is characterized by a dynamic and evolving competitive landscape that is shaped by consumer preferences, innovation, and strategic collaborations. This presents chances for both existing players and newcomers to prosper in this rapidly growing industry.
Additionally, newcomers and niche companies entering the market with creative pea flake goods aimed at consumer segments—like organic, non-GMO, or flavored varieties—are becoming more and more competitive. The competitive environment is further exacerbated by the large number of startups and smaller firms that focus on cutting-edge technologies or niche markets, which helps to split the market and promote innovation. Because of this, businesses must continue to make significant investments in R&D, product development, and strategic alliances in order to maintain their competitiveness and seize expansion opportunities in the rapidly expanding anti-icing coating industry.
Major companies operating in the pea flakes industry include:
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Market, By Type
Market, By End use industry
Market, By Distribution channel
The above information is provided for the following regions and countries: