Dried Peas Market Research Report By Product Type (Green Peas, Yellow Peas, Split Peas, Organic Peas), By End Use (Food Industry, Feed Industry, Snack Industry, Pharmaceuticals), By Distribution Channel (Supermarkets, Online Retail, Convenience Stores, Wholesale), By Form (Whole Dried Peas, Split Dried Peas, Dried Pea Flour) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032

Global Dried Peas Market Overview

Dried Peas Market Size was estimated at 6.0 (USD Billion) in 2022. The Dried Peas Industry is expected to grow from 6.19(USD Billion) in 2023 to 8.25 (USD Billion) by 2032. The Dried Peas Market CAGR (growth rate) is expected to be around 3.24% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Dried Peas Market Trends Highlighted

The Dried Peas Market is experiencing significant growth driven by rising health awareness among consumers. Dried peas are packed with nutrients such as protein, fiber, vitamins, and minerals, making them an attractive choice for health-conscious individuals. This growing focus on plant-based diets and the shift towards vegetarian and vegan lifestyles further enhance the demand for dried peas. Additionally, their long shelf life and versatility in various culinary applications continue to boost their popularity, catering to a wide range of consumer preferences. There are notable opportunities to be explored in the market, particularly in developing regions where the awareness of the nutritional benefits of dried peas is still emerging.Introducing organic and specialty additions to the product line can help to reach a specific segment of the market looking for healthier food options. Other considerations could include introducing alternative forms of packaging that increase practicality while prolonging the shelf life of the product. Adding dried peas as ingredients in ready meals or as snack items provides opportunities to cater to active modern-day consumers while providing healthy choices. It has been observed that recent trends show that sustainability is now a key factor in consumer purchasing decisions. It is the current tendency for many consumers to switch to brands and goods made in ways that they consider to be good for the environment. This trend goes in line with the increased attention paid to the wish to protect the environment and to use eco-friendly farming practices.

The growth of the e-commerce market has also changed the consumption pattern of dried peas by making it easier to access more options. For most parts, the Dried Peas Market is growing in response to health trends, demand for sustainability and the marketplace for new products. All these are the reasons why the future looks bright, with numerous opportunities for growth and expansion in the next few years.

Dried Peas Market Drivers

Growing Demand for Plant-Based Protein Sources

The Dried Peas Market Industry is experiencing a significant surge in demand for plant-based protein sources. As consumers become increasingly health-conscious and aware of the environmental impact of their dietary choices, there is a greater inclination towards plant-derived proteins. Dried peas, being rich in protein and nutrients, serve as an excellent meat alternative and are preferred by vegetarian and vegan populations. Moreover, the rise in flexitarian diets, where individuals predominantly consume plant-based foods while occasionally including meat, has further fueled the demand for dried peas.These legumes are not only versatile and easy to incorporate into various dishes, but they also provide essential nutrients such as fiber, vitamins, and minerals. This health trend is anticipated to drive growth in the Dried Peas Market Industry as more consumers shift towards healthier eating habits, leading to an increase in the utilization of dried peas in food products. With an expanding market for vegetarian and vegan-friendly options, manufacturers are likely to innovate and develop new products that meet consumer preferences, thus driving further growth in this segment.The ongoing research and development to enhance the nutritional profile of dried peas will also contribute to the market's expansion as more people seek functional foods that support their overall health and wellness objectives. As the plant-based food trend continues to gain momentum, the Dried Peas Market Industry stands poised for sustained growth well into the future.

Increased Popularity of Healthy Snacking

The rising trend of healthy snacking has become a notable driver in the Dried Peas Market Industry. Consumers are increasingly seeking nutritious snack options that contribute to their overall health, leading to a shift from traditional snacks to healthier alternatives. Dried peas can be processed into various snack forms, such as roasted peas or pea chips, providing a unique blend of taste and nutrition. This shift in consumer behavior towards healthier snacking options is likely to propel the demand for dried peas as a snack ingredient and product, enhancing the market's growth prospects.

Sustainability and Environmental Concerns

As awareness of sustainability and environmental issues grows, consumers are opting for products that align with their values. The Dried Peas Market Industry benefits from this trend, as dried peas have a lower environmental footprint compared to animal-based proteins. The cultivation of dried peas requires less water and land, making them a more sustainable choice. This growing preference for sustainable food sources is expected to propel the market growth significantly.

Dried Peas Market Segment Insights

Dried Peas Market Product Type Insights  

The Dried Peas Market is valued at 6.19 USD Billion in 2023, with diverse product types contributing to its overall growth. Within this market, Green Peas dominate as the most significant segment, valued at 2.1 USD Billion in 2023 and expected to reach 2.8 USD Billion by 2032. Their popularity is driven by their nutritional benefits and versatility in various cuisines, making them a staple in households and food services alike.

Yellow Peas follow closely, valued at 1.5 USD Billion in 2023 and poised to grow to 2.0 USD Billion by 2032. The demand for yellow peas arises from their rich protein content and their use in products like soups and plant-based foods, making them important in catering to the increasing trend towards plant-based diets.

Split Peas are also a notable segment, with a valuation of 1.2 USD Billion in 2023 and projected to reach 1.6 USD Billion by 2032. They are commonly used in soups and stews, appealing to consumers seeking hearty and nutritious meals, which speaks to their continued relevance in the market. Organic Peas have emerged as a significant growth area, valued at 1.39 USD Billion in 2023, and anticipated to grow to 1.85 USD Billion by 2032. The rise in organic food consumption reflects consumer preferences for sustainable agricultural practices and healthier eating options, enhancing the relevance of organic peas in the market.

Collectively, these segments highlight the diverse applications and growing consumer demand in the Dried Peas Market, with each type contributing unique characteristics that cater to different culinary trends and nutritional needs, further enhancing the market growth trajectory.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Dried Peas Market End-Use Insights  

The Dried Peas Market is experiencing notable growth, with a market valuation of 6.19 USD billion in 2023. This segment showcases diverse applications, prominently featuring the Food Industry, which plays a crucial role due to the increasing demand for plant-based proteins and healthy food options. The Feed Industry also holds significant importance, as dried peas serve as a valuable ingredient in animal feed, contributing to livestock nutrition and sustainability. The Snack Industry leverages dried peas to cater to the rising consumer preference for healthy snacking alternatives, utilizing various flavors and forms for enhanced appeal.Additionally, the Pharmaceuticals sector utilizes dried peas for their health benefits, tapping into their nutritional properties. Overall, the Dried Peas Market segmentation reveals a balanced contribution from these end uses, reflecting changing consumer trends towards healthier lifestyle choices and sustainable practices across industries. Significant market growth in these areas can be attributed to increasing awareness of the nutritional advantages of dried peas, along with a shift towards plant-based diets. The market's future potential is further supported by ongoing innovations and product developments within these sectors, reinforcing the versatility and importance of dried peas.

Dried Peas Market Distribution Channel Insights  

The Dried Peas Market is evolving to favor various distribution channels, which play a crucial role in market dynamics. In 2023, the market value stood at 6.19 USD Billion, underscoring the significant demand across different retail platforms. Supermarkets have a strong presence in this segment, providing consumers with easy access and a wide range of product choices. Additionally, Online Retail is gaining traction as a convenient option for consumers who prefer shopping from home, reflecting the changing shopping behaviors influenced by technological advancements.Convenience Stores also hold a noteworthy share due to their ability to cater to on-the-go consumers, thereby enhancing market accessibility. Wholesale channels play an important role in ensuring product availability across various retail formats, effectively supporting the overall supply chain. The strategic positioning of these distribution channels is pivotal as they respond to changing consumer preferences and market demands. This organization within the Dried Peas Market segmentation highlights the diverse avenues through which products reach customers, ultimately driving market growth.As the market expands, these channels will continue to adapt, presenting opportunities for stakeholders within the Dried Peas Market industry.

Dried Peas Market Form Insights  

The Dried Peas Market, particularly in the Form segment, is anticipated to showcase diversified opportunities driven by evolving consumer preferences and growing health consciousness. In 2023, the market is expected to generate substantial revenue, owing to increased adoption of plant-based diets and the nutritional benefits of dried peas. Whole Dried Peas are essential in various culinary applications across different cultures, making them a staple in many households. Meanwhile, Split Dried Peas have gained popularity due to their convenience and shorter cooking time, appealing largely to busy consumers.Dried Pea Flour is emerging as a significant ingredient in gluten-free and high-protein products, reflecting current health trends. The market's growth is also bolstered by rising awareness of the environmental benefits of legumes. However, challenges such as fluctuating agricultural yields and competition from alternative protein sources may impact market dynamics. Overall, the segmentation of the Dried Peas Market highlights integral forms that cater to diverse consumer needs and align with industry trends, paving the way for consistent market growth.

Dried Peas Market Regional Insights  

The Dried Peas Market is witnessing notable growth across various regions, with an overall market valuation reaching 6.19 USD Billion in 2023. North America holds the majority share, valued at 2.0 USD Billion in 2023 and expected to grow to 2.6 USD Billion by 2032, reflecting its significant demand and consumption patterns. Europe follows with a valuation of 1.5 USD Billion in 2023 and projected growth to 2.0 USD Billion, driven by increasing health consciousness among consumers. The APAC region, valued at 1.2 USD Billion in 2023, shows potential for growth to 1.6 USD Billion, attributed to rising population and dietary shifts toward plant-based foods.South America is marked by a valuation of 0.8 USD Billion, anticipated to increase to 1.1 USD Billion, indicating growing adoption of healthy snack options. The MEA region stands at 0.69 USD Billion in 2023, with a slight rise to 0.95 USD Billion, reflecting a gradual increase in market presence. Each region exhibits unique growth drivers influenced by local dietary preferences, economic conditions, and health trends, ultimately contributing to the evolution and expansion of the Dried Peas Market revenue.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Dried Peas Market Key Players and Competitive Insights

The Dried Peas Market has seen significant product demand and competitive activity, with a diverse range of players contributing to its dynamic landscape. Growing health consciousness and increasing demand for plant-based protein sources have positioned dried peas as a desirable ingredient across numerous food applications. These market dynamics are driven by shifting consumer preferences towards nutritious, sustainable, and protein-rich foods, creating ample opportunities for industry participants. The competitive insights within this sector reveal how various companies harness innovative processing techniques, sustainable sourcing, and strategic partnerships to expand their market share, engage consumers effectively, and adapt to evolving market trends. Understanding the competitive landscape allows businesses to identify key players, emerging trends, and potential areas for differentiation in an increasingly crowded market.Lentz Milling Company holds a notable position within the Dried Peas Market, showcasing solid strengths that enhance its competitive edge. The company has built a reputation for delivering high-quality dried pea products, which appeal to both food manufacturers and consumers alike. Lentz Milling Company emphasizes its commitment to quality, which is reflected in its sourcing practices and careful selection of pea varieties. By maintaining rigorous quality control standards, the company ensures that its dried peas consistently meet industry specifications and consumer expectations. Additionally, Lentz Milling Company engages in continuous innovation, developing new product lines that cater to specific customer needs, thereby strengthening its market presence. Its well-developed distribution network further supports efficient product delivery, enabling the company to serve diverse markets effectively.Ebro Foods has established itself as a significant player in the Dried Peas Market, characterized by a strong commitment to quality and sustainability. The company leverages its extensive expertise in food production to deliver a range of dried pea products that are popular across various applications, from direct consumption to ingredient use in food production. Ebro Foods places a strong emphasis on sustainable agricultural practices, which not only enhances its product offerings but also resonates well with environmentally conscious consumers. Through strategic collaborations and partnerships, Ebro Foods is able to strengthen its supply chain and expand its reach in the market. The company also invests in research and development to keep pace with changing consumer demands, ensuring that it remains competitive by innovating in product formulation and enhancing the nutritional profile of its offerings. With a solid market position, Ebro Foods continues to thrive amid the growing interest in plant-based and healthy food options.

Key Companies in the Dried Peas Market Include

• Lentz Milling Company


• Ebro Foods


• Purely Canadian Foods


• Sunrich Foods


• Healthy Food Ingredients


• AGT Food and Ingredients


• Cargill


• Fowler's Mill


• Chickpeas USA


• The Archer Daniels Midland Company


• Meridian Agriculture


• Pulses Canada


• Pioneer Foods


• The Dried Peas and  Lentils Council

Dried Peas Market Industry Developments

Recent developments in the Dried Peas Market indicate a growing interest in plant-based protein sources, with companies like AGT Food and Ingredients and Ebro Foods expanding their product lines to meet increasing consumer demand. Lentz Milling Company has been enhancing its processing capabilities to improve efficiency and quality. Meanwhile, Purely Canadian Foods and Sunrich Foods have reported increases in sales driven by greater awareness of the health benefits associated with dried peas. Current affairs show that the market is witnessing a trend towards sustainability and eco-friendly practices, which is being embraced by major players such as Cargill and Meridian Agriculture. There have been notable mergers and acquisitions, including a strategic partnership involving Fowler's Mill and The Archer Daniels Midland Company, aimed at enhancing supply chain capabilities. Growth in market valuation is evident as Chickpeas USA reports a significant uptick in production capacity, influencing prices and availability. The overall market is benefiting from government initiatives in Pulses Canada that promote pulse cultivation, thus reinforcing the sector's appeal and economic viability in the context of food security.

Dried Peas Market Segmentation Insights

• Dried Peas Market Product Type Outlook
  
  
  
  • Green Peas  
  
  
  • Yellow Peas  
  
  
  • Split Peas  
  
  
  • Organic Peas  
  
  
  
  

• Dried Peas Market End-Use Outlook
  
  
  
  • Food Industry  
  
  
  • Feed Industry  
  
  
  • Snack Industry  
  
  
  • Pharmaceuticals  
  
  
  
  

• Dried Peas Market Distribution Channel Outlook
  
  
  
  • Supermarkets  
  
  
  • Online Retail  
  
  
  • Convenience Stores  
  
  
  • Wholesale  
  
  
  
  

• Dried Peas Market Form Outlook
  
  
  
  • Whole Dried Peas  
  
  
  • Split Dried Peas  
  
  
  • Dried Pea Flour  
  
  
  
  

• Dried Peas Market Regional Outlook
  
  
  
  • North America  
  
  
  • Europe  
  
  
  • South America  
  
  
  • Asia-Pacific  
  
  
  • Middle East and Africa