About Pea Flakes
Pea flakes are made either from green peas or yellow peas. Pea flakes are mostly popular among the pets as it is delicious for them. Pea flakes are also consumed by the people owing to the rich contents of proteins and other key nutrients. Growing adoption of pets among the developing nations is one of the key driver supporting the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.63% |
Competition among existing players is due to the Pea Flakes market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Pea Flakes Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Pea Flakes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dumoulin S.A. (Belgium), Gemef Industries (Sotexpro) (France), Inland Empire Foods Inc. (United States), Garden Valley Foods (United States), BP Milling (United Kingdom), Inland Empire Foods Inc. (United States), Om Foods Inc. (India), Exotic Nutrition (United States) and Andy's Nagerparadies (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pea Flakes market by Type (Green Pea and Yellow Pea), Application (Animal Feed, Processed Food and Others) and Region.
On the basis of geography, the market of Pea Flakes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarkets and Supermarkets will boost the Pea Flakes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Online Platform to Purchase Pea Flakes
Market Growth Drivers:
Rising Awareness among People Regarding the Healthy Benefits of Protein Rich Pea Flakes, Growing Adoption of Pets among the Developed Nations and Growing Demand of Pea Flakes for Underweight Animals
Restraints:
Lack of Awareness among the Under Developed Nations
Opportunities:
The Growth Opportunities from Emerging Economies Such as China, and India, among Others
Market Leaders and their expansionary development strategies
In March 2023, -Lomiko Metals Inc., announce that it has entered into an agreement with SOQUEM and a private owner to acquire 100% of 17 mineral claims forming the Carmin project (the “Property”),
In October 2022, French firm Roquette has announced the launch of a new line of organic pea ingredients: organic pea starch and organic pea protein. These ingredients are produced at its plant in Portage la Prairie (MB, Canada) and supported by peas sourced in a network of organic pea growers from Canada. With these new solutions, Roquette enables its customers to choose the food they want to offer to consumers with quality, reliability and full traceability back to the farm.
Key Target Audience
Pea Flakes Manufacturers, Pea Flakes Raw Material Suppliers, Pea Flakes Traders/Distributors, Pea Flakes Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.