Pea Flakes Market Report

The rising demand for healthy foods is a global trend driven by various factors such as increasing awareness about nutrition and well-being, changing lifestyles, and a growing focus on preventive healthcare. Consumers today are more conscious about the impact of their food choices on their health, and they are seeking out options that are nutritious, natural, and minimally processed. As awareness of plant-based diets, sustainability, and health-conscious eating continues to grow, pea flakes have gained popularity as a nutritious and versatile ingredient. They can be used in a variety of ways, such as adding them to smoothies, incorporating them into baked goods, sprinkling them on salads, or using them as a crunchy topping for soups and stews. In response to this rising demand, the food industry has witnessed a proliferation of healthier food options in the market. Companies are developing innovative products, reformulating existing ones to reduce additives and sugar content, and focusing on natural and organic ingredients.

The rising inclusion of pea flakes in a range of culinary delights, as well as expanding knowledge about its health advantages among fitness enthusiasts, are expected to drive market expansion over the forecast period. Demand for pea flakes has grown in recent years due to its excellent nutritional content, simplicity of preparation, and rapid digestion. The high protein content of these products is increasing their popularity among athletes, sportspeople, and gymgoers. In addition to this, the demand for pea flakes in animal feed is rising since they are a proven source of vital nutrients and are easy to digest. The starch is broken down during the crushing and flattening of the pea flakes, making it simpler to digest. Raw peas cannot be digested by dogs and are hence not advised. However, because pea flakes are easily digested and appetizing, they constitute a tempting snack for dogs. Pea flakes are similarly high in calories. Because of their great solubility in water and firmness, pea flakes are a sustainable aquafeed that can be digested even by juvenile fish. All these factors are driving the demand for pea flakes, thus encouraging the market expansion.

• Growing interest in pea flakes as gluten-free snacks.
• Expansion of pea flakes into the pet food industry.
• Incorporation of pea flakes in functional food formulations.
• Increased demand for organic pea flakes.

Prominent market players in the industry are actively investing in research and development to create innovative products that cater to consumer demands. Additionally, they employ a range of market strategies, including mergers, acquisitions, and new product launches, to establish a strong foothold in the market. For example, Karavela, one of Europe's largest canned fish manufacturers, launched a new plant-based canned seafood product line called Fish Peas in October 2021. The new variety was launched at the Anuga global trade expo and is based on the exceptionally sustainable yellow pea. The Fish Peas plant-based collection will include three product types: salads, spreads, and flakes, and was created after more than a year of in-depth market research and an expenditure of almost €2.5 million. Earlier, in February 2019, Wheeky had introduced a new product called Wheeky® Pea Flakes. These pea flakes have been specially formulated to cater to the dietary needs of guinea pigs, rabbits, hamsters, and other small pets. These pea flakes offer a healthier alternative as they are free from added sugar and salt. By offering pea flakes without the addition of sugar and salt, Wheeky promotes a balanced and natural diet for these animals.

While pea flakes offer certain advantages, there are also some limitations to consider in the market that are anticipated to impede market growth. For example, pea flakes may be a relatively new or niche product in some regions, which can limit consumer awareness and demand. If consumers are unfamiliar with pea flakes and their benefits, it can be challenging to generate interest and drive sales. In addition, the pricing of pea flakes can be a limiting factor. If the price of pea flakes is significantly higher than other competing products or alternative protein sources, it may deter cost-conscious consumers from purchasing them regularly. Furthermore, pea flakes require a steady supply of high-quality peas for production. Sourcing peas consistently and at affordable prices can be a challenge, particularly if there are fluctuations in crop yields or disruptions in the supply chain. Limited availability of raw materials is anticipated to constrain the growth of the market.

Dumoulin S.A., Garden Valley Foods, JR Farm, Gemef Industries (Sotexpro), BP Milling, Green Foods LLP, PE Levona, Inland Empire Foods Inc., Wheeeky Pets, Nutiva Inc, The Simply Good Food Co, Danone SA, Orgain Inc. are some of the prominent market players operating in the global pea flakes market.

North America is anticipated to experience significant growth in the pea flakes market owing to the growing demand for pea flakes to combat health concerns such as obesity, high blood pressure, and other nutritional deficiencies. Furthermore, the availability of these items at lower prices and the high purchasing capability of consumers in developed economies are fuelling market expansion in this region. On the other hand, Europe is expected to hold a substantial share of the pea flakes market during the forecast period. This growth can be attributed to the growing usage of these products in a number of food items, animal feed, and domestic applications. Germany, Spain, France, and the United Kingdom are considered to be the potential markets for the pea flakes in the region. Furthermore, Asia Pacific also holds a sizable share in the pea flakes market growth. This growth is influenced by the rising disposable income and the rising working-class population in countries like India and China.

The report provides a detailed overview of the pea flakes market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for the pea flakes market has been offered for all regional market shares, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the pea flakes market. These Y-o-Y projections on regional and country-level markets brighten the political, economic, and business environment outlook, which are anticipated to have a substantial impact on the growth of the pea flakes market. Some key countries and regions included in the pea flakes market report are as follows:

• Pea flakes market detailed segments and segment-wise market breakdown
• Pea flakes market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in pea flakes industry)
• Current, historical, and forthcoming 10 years market valuation in terms of pea flakes market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
• Pea flakes market demand analysis
• Pea flakes market pricing analysis over the forecast period (by key segment and by region)
• Pea flakes market regional insights with region-wise market breakdown
• Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
• Latest developments and innovations in the pea flakes market
• Regulatory landscape by key regions and key countries
• Supply chain and value chain analysis in pea flakes market
• Pea Flake market sales and distribution strategies
• A comprehensive overview of the parent market
• A detailed viewpoint on the pea flakes market forecast by countries
• Mergers and acquisitions in the pea flakes market
• Essential information to enhance market position
• Robust research methodology