Pea Flakes Market Progress Forecast 2025

Posted by Mrudula Karmarkar on April 22nd, 2022

The global pea flakes market size is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.6% over the forecast period. Growing awareness regarding health benefits offered and rise in incorporation of pea flakes as a staple food are expected to remain a key driving factor. Furthermore, increasing application of yellow and green pea flakes as an animal feed and aqua feed is fueling the demand for these products.

Yellow pea flakes led the market and accounted for 53.1% share of the overall revenue in 2018 owing to their high vitamin, mineral, and protein content, coupled with increasing inclination of consumers towards these products. Green pea flakes is the fastest growing segment in the market since it is easy to digest, rich in fiber, and natural source of protein. Growing application of pea flakes in aqua feed is drawing more demand for these products. The food processing application segment accounted for the largest market share in 2018 due to superior health benefits of the product and high acceptance among the fitness oriented population. Usage of these products in animal feed is increasing in order to fulfill nutritional deficiencies.

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Key players in this market include Garden Valley Foods; Gemef Industries (Sotexpro); PE Levona; JR Farm; BP Milling; Dumoulin S.A.; Green Foods LLP;  and Inland Empire Foods Inc. Companies are focusing on introducing natural ingredient based pea flakes, especially for the animal feed category. For instance, Weekly Pea Flakes by Wheeky Pets, LLC is 100 percent natural ingredient based and are grown, processed, and packaged in the U.S. This product is light and crispy and serves as a nice treat for the Weekly Treat Balls suited especially for guinea pigs, rabbits, hamsters, and other small pets.

Further key findings from the report suggest:

• The global pea flakes market is projected to generate a revenue of USD 3.4 billion by 2025
• By application, animal feed held a share of 25.3% of the overall revenue for the year, 2018
• Europe is expected to account for 25.9% share of global revenue by 2025
• Key players operating in this market include Garden Valley Foods; Gemef Industries (Sotexpro); PE Levona; JR Farm; BP Milling; Dumoulin S.A.; Green Foods LLP; and Inland Empire Foods Inc.

Grand View Research has segmented the global pea flakes market on the basis of type, application, distribution channel:

Pea Flakes Type Outlook (Revenue, USD Million, 2015 - 2025)

• Yellow
• Green

Pea Flakes Application Outlook (Revenue, USD Million, 2015 - 2025)

• Food Processing
• Animal Feed
• Aqua Feed
• Households/Retail

Pea Flakes Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Hypermarket/Supermarket
• Convenience Stores
• Online