About Dried Peas
When fresh peas are not available or when people want to enjoy a starchier, hardier flavored legume, dried peas are the perfect choice; they are available any time of the year. Although they belong to the same family as beans and lentils, they are typically distinguished as a separate group because of the ways in which they are prepared. The different types of peas are all spherical, a feature that also sets them apart from beans and lentils. Dried peas are produced by harvesting the peapods when they are fully mature and then drying them. Once they are dried and the skins removed, they split naturally. Dried peas also provide good to exceptional amounts of four important minerals, two B-vitamins, and protein--all with virtually no fat. Dried peas also feature isoflavones (notably daidzein).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is highly competitive due to the presence of several prominent vendors. These players are adopting some organic and inorganic strategies such as merger, acquisition, partnership, product launches, among others in order to gain competitive advantage. Analyst at AMA Research estimates that United States & Canada Vendors will contribute the maximum growth to Canada Dried Peas 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.
AGT Food and Ingredients (Canada), Pulse Canada (Canada), Goya Foods, Inc. (United States), L.H. Hayward and Company (United States), Meelunie BV. (Netherlands), Premier Foods plc (United Kingdom), Dakota Dry Bean (United States), Roquette Frères (France), Cosucra Groupe Warcoing S.A. (Belgium), Herba Ingredients (Netherlands) and AM Nutrition (Norway) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ingredion Inc. (United States), The Scoular Company (United States), Vestkorn Milling AS (Norway) and Others.
Segmentation Overview
AMA Research has segmented the market of Canada Dried Peas market by Type (Green Peas and Yellow Peas), Application (Food and Beverage Processing, Cosmetics and Personal Care, Pharmaceuticals & Supplements, Animal Feed, Foodservice/HoReCa and Household/Retail) and Region.
On the basis of geography, the market of Dried Peas 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 Form, the sub-segment i.e. Whole will boost the Dried Peas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Dried Peas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Trend towards Online Purchase
Market Growth Drivers:
Health Benefits Associated with Dried Peas Consumption, The Growing Health Conscious Population across Canada, Increased Inclination Towards Plant-based Diet and Rising Usage of Dried Peas as Animal Feed
Restraints:
An Availability of Other Types of Options
Opportunities:
Upsurging Demand from Various End-Use Industries
Market Leaders and their expansionary development strategies
In November 2021, DSM acquired Norwegian producer of pea derived protein, starch and fiber and dietary fibers for plant-based foods, pet food and animal feed.
In June 2020, Freeze Dried sugar snap peas launched to introduce savory vegetables line with the introduction of delectable, freeze-dried sugar snap peas.
Key Target Audience
Dried Peas Companies, Regulatory & Government Bodies, Potential Investors, Upstream & Downstream Vendors 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.