Organic Flour Market Expected to Grow at a 4.9% CAGR, Reaching $3.52 Billion by 2027, Fueled by Product Innovation and Rising Consumption of Organic Food

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Sep 14, 2023, 06:45 ET

DUBLIN, Sept. 14, 2023 /PRNewswire/ -- The "Pea Flakes Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

The global pea flakes market is on the rise, with expected growth from $1.68 billion in 2022 to $1.87 billion in 2023, reflecting a compound annual growth rate (CAGR) of 11.1%.

Over the forecast period until 2027, the market is projected to continue its growth trajectory, reaching $2.78 billion at a CAGR of 10.4%. This growth can be attributed to various factors, including the increasing demand for nutritious supplemental foods, product innovation, and the popularity of superfoods and healthy food products.

Market Segmentation

The market is segmented based on various factors:

1. Types of Pea Flakes:

Yellow Peas
Green Peas

2. Distribution Channels:

Hypermarkets or Supermarkets
Convenience Stores
Online Distribution Channels
Others

3. Applications:

Food Processing
Animal Feed
Aqua Feed
Household or Retail Applications

4. Region:

Asia-Pacific
Western Europe
Eastern Europe
North America
South America
Middle East and Africa

Key Market Players

Key players in the pea flakes market include GEMEF Industries, PE Levona, JR Farm GmbH, BP Milling Ltd., Dumoulin S.A., Green Foods LLP, Inland Empire Foods Inc., Garden Valley Foods, Wheeky Pets LLC, Nutiva Inc., The Simply Good Food Co., Iovate Health Sciences International Inc., Danone SA, Orgain Inc., and True Nutrition.

Market Trends and Opportunities

Product Innovation: Product innovation is a significant trend in the pea flakes market, with major companies focusing on developing innovative products to cater to changing consumer preferences for healthy and nutritious foods. For example, Gold&Green, a Finnish food technology company, introduced protein granules and protein flakes made from oat bran, pea, and fava bean protein to meet various dietary needs.

Regional Insights

North America: North America was the largest region in the pea flakes market in 2022, reflecting the region's growing demand for nutritious and health-conscious foods.

Key Topics Covered:

1. Executive Summary

2. Pea Flakes Market Characteristics

3. Pea Flakes Market Trends And Strategies

4. Pea Flakes Market - Macro Economic Scenario

4.1. COVID-19 Impact On Pea Flakes Market

4.2. Ukraine-Russia War Impact On Pea Flakes Market

4.3. Impact Of High Inflation On Pea Flakes Market

5. Pea Flakes Market Size And Growth

5.1. Global Pea Flakes Historic Market, 2017-2022, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Pea Flakes Forecast Market, 2022-2027F, 2032F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Pea Flakes Market Segmentation

6.1. Global Pea Flakes Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Yellow Pea
Green Pea

6.2. Global Pea Flakes Market, Segmentation By Nature, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Organic
Conventional

6.3. Global Pea Flakes Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Food Processing
Animal Feed
Aqua Feed
Households Or Retail

6.4. Global Pea Flakes Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Hypermarket Or Supermarket
Convenience Stores
Online

7. Pea Flakes Market Regional And Country Analysis

7.1. Global Pea Flakes Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

7.2. Global Pea Flakes Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/ck4j

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