Global Pea Flour Market - 2023-2030

Overview:

Global Pea Flour Market reached US$ 15.4 billion in 2022 and is expected to reach US$ 42.5 billion by 2030, growing with a CAGR of 13.5% during the forecast period 2023-2030.

Pea flour's nutritional benefits and functional properties raise their demand in the global market. With increasing health and dietary trends, sustainable flours such as pea flour are gaining popularity as plant-based and gluten-free ingredients in various industries. Pea flours are low in carbohydrates. The high protein content of 20-25 % makes it a better option for incorporating as a protein-rich ingredient in various products.

The increasing prevalence of celiac disease and gluten intolerance cases leads to high demand for clean-label ingredients, such as pea flour. The Gluten Intolerance Group estimated that 1% of the global population has celiac disease. Pea flour has multiple applications in food and non-food industries. Pea flour manufacturers invest in better processing techniques for easy and efficient production and processing.

The developments in the field of processing techniques drive market expansion. For instance, in April 2022, CAESO, a German operating company, introduced dry milling for deep-processing yellow peas, focusing on producing pea flour with the highest protein content. The introduction of a whole technological line in handling and milling peas helps produce pea flour with specific requirements of nutritional content. The investment in the new technology helps in the betterment of yield and cleanness of the flour.

Dynamics:

Rising Demand for Gluten-Free Flours

Wheat and rye flours are normally used in traditional applications of product preparations. The National Institute of Health estimates wheat has 75-80% gluten protein. In addition, the gluten content of around 7.2 g/100g is present in barley. Increasing gluten intolerance drives the demand for gluten-free ingredients. About 6% of the U.S. is gluten intolerant, according to the Cleveland Clinic Organization. While wheat and rye flours are high in gluten content, there is high demand for pea flours due to their gluten-free nature.

The rising demand for these ingredients drives the manufacturers to introduce new ingredients and expand their company profile. For instance, in June 2021, Novo Farina, a UK-based pea ingredients producer, raised investments in developing the company's activities. The company produces alternative meat and wheat-based ingredients using yellow peas. The company offers pea flour and pea crumb products.

Wide Applications of Pea Flour

The wide applications of pea flour in food and feed production, boost the market growth. Peas are processed to produce pea flour, for its use as an ingredient in product production. With the rising demand for pea flour in the global market, manufacturers are encouraged to introduce it in their product lines. For instance, in September 2021, Ingredion Inc., a leading ingredient solutions provider, launched Prista, a pulse flour and concentrated line, including Homecraft Prista P 101 Pea Flour.

The greater source of nutrients of this flour increases its demand as a better pet food supplement. Manufacturers are launching pea flour for its use in the pet food industry. For instance, in June 2020, Limagrain Ingredients launched an extruded yellow pea flour product specially for pet food. The product provided grain-free and clean-label ingredients for the pet food industry.

Availability of Other Substitute Flours

The global pea flour market is restrained by the availability of various other flours in the market. Apart from pea flour, there is an increased demand for other flours sourced from soy and almond. Pea flour is high in protein but is hard to digest, making consumers search for other alternative flour in the market. Manufacturers are introducing various grain and nut-based flours high in protein and fiber.

The new launches of other flour from the major market players initiate a higher range of competition in the market. For instance, in February 2022, U.S.-based company Benson Hills, introduced its new product line, Truvail. The new product launches include high protein soy flour, which creates high competition for the pea flour market. Similarly, in August 2022, Texas Star Nut & Food Company Nature's Eats, introduced its new product, The Ultimate Nut Flour: Almond+, an almond flour, into its product line.

Segment Analysis:

The global pea flour market is segmented based on type, category, distribution channel, application, and region.

High Popularity of Yellow Pea Flour in Food and Feed Industries

The global pea flour market is segmented based on type into yellow, green, maple and marrow pea flour. The yellow pea flour segment accounted for the largest share of the global market. The high popularity of yellow pea flour for its use in the food and feed industries drives the segment growth. Yellow flour is used in the food industry to produce pancakes, pasta and cookies.

Various manufacturers are launching new products considering yellow pea flour as an essential ingredient. For instance, in August 2023, ZENB, a Chicago-based food company, launched yellow pea pasta at Sprouts farmers markets. The ZENB pasta is made from a whole yellow pea ingredient, a single ingredient used in production. The product is famous for its gluten-free, vegan and non-GMO characteristics.

Geographical Penetration:

High Demand for Pea Flour in Asia-Pacific

The Asia-Pacific dominated the pea flour in the global market, with China and India in the leading position. The region accounts for the high production and consumption of pea and pea-based products. For instance, as of 2021, chickpea is cultivated in about Lha in India and have the highest productivity level of 1086 kg/ha. The higher availability of raw materials and increased number of flour processing mills help develop the market growth in this region.

The prevalence of celiac disease in North Indian communities is 1 in 96, according to the National Library of Medicine. With the increasing gluten intolerance cases in the region, the demand for gluten-free flour is also rising. The high demand for pea flour in the production of various products drives the increased demand for the market in this region.

Competitive Landscape

The major global players in the market include: Ingredion, AGT Food and Ingredients, Golden Grain Mills, Woodland Foods. Ltd., Tate & Lyle, Dhati Organics & Naturals, Nature Bio Foods, Molino Rossi Angelo, Navitas Organics and Flavo Pulse.

COVID-19 Impact Analysis:

The outbreak of the COVID-19 pandemic had a moderate impact on the global pea flour market. On set, the sudden lockdown conditions had a negative impact on every industrial field. The scarcity of raw materials in the pea flour processing industries and the inadequate labor facilities halted the processing activities at the industrial level. The lack of proper resources disrupted the pea flours for their use in end-user sectors.

The strict regulations from the government resulted in the shutdown of many pea flour-based product manufacturing industries. The improper supply chain activities reduced the reach of the pea flour to the target industries. The reduced demand for the product from various industries decreased the demand for the product.

The lift-down of lockdowns and restart of the processing industries started the demand for the product in the industrial market. The demand for processed food and feed products from pea flour has increased due to its higher protein nature. In addition, the increased use, accessibility and popularity of the e-commerce sector and the wide availability of pea flour in online sales platforms increased the market demand.

Russia- Ukraine War Impact:

The Russia-Ukraine war had a negative impact on many industrial sectors, including food. The scarcity of raw materials, reduced workforce, and distribution channel disruption affected the packaged food products market growth, thereby affecting the pea flour market. The supply chain activities and price fluctuations negatively impacted the market growth. The war created import and export trade disruptions, resulting in economic disturbances.

By Type

• Green Pea Flour
• Yellow Pea Flour
• Maple Pea Flour
• Marrowfat Pea Flour

By Category

• Organic
• Conventional

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• E-Commerce
• Others

By Application

• Food and Beverages
• Animal Feed
• Household
• Commercial

By Region

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• In May 2023, FlavaPulse, a yellow peas processing agri-food system company, started its new plant in Bulgaria to produce its yellow peas products, including flour and concentrate.
• In April 2023, Midwestern Pet Foods, launched new dog food under its brand, Ultimates. The new product is formulated with a bison meal, added with various pea ingredients and free from wheat and corn.
• In October 2022, Roquette, a French-based company, launched a new line of pea ingredients, including organic pea starch and protein.

Why Purchase the Report?

• To visualize the global pea flour market segmentation based on type, category, distribution channel, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of pea flour market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global pea flour market report would provide approximately 69 tables, 68 figures and 215 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies