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Pea Flakes Market Trends

  • Report ID: GMI8980
  • Published Date: Apr 2024
  • Report Format: PDF

Pea Flakes Market Trends

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of pea flakes recorded USD 1.79 billion in 2023 and is set to grow at 7.6% CAGR between 2024 and 2032, led by rising demand for plant-based protein sources and gluten-free alternatives.

Whole pea flakes segment size was USD 547.2 million in 2023 and is set to cross USD 1.08 billion by 2032, owing to their adaptability, nutritional content, and culinary uses.

North America pea flakes industry reached USD 636.1 million in 2023 and is set to record 1.25 billion by 2032, driven by rising need for wholesome and environmentally friendly substitutes for conventional grain-based goods.

Exotic nutrition, Garden valley, Gemef industries, Green origin, GuineaDad, Inland empire food Inc., JR Farm, Milzu, Sevenhill wholefood, The little hay company, and Wheeky pets among others.

Pea Flakes Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 255
  • Countries covered: 22
  • Pages: 305
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