United States Dried Peas Market was valued at USD 950 Million in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030.
The US dried peas market is gaining significant traction due to their numerous benefits, versatility, and growing demand in various industries. Dried peas are a staple in both domestic and global food industries, thanks to their high nutritional value, cost-effectiveness, and long shelf life. In particular, the demand for dried peas is being driven by the increasing focus on plant-based diets, sustainable food sources, and an ever-growing awareness of health and wellness among consumers.
The dried peas market is classified into several types based on varieties and applications. Yellow peas, green peas, and split peas are among the most common varieties used in various food products, such as soups, stews, and snacks. These varieties differ in their texture, color, and flavor profile, making them suitable for different culinary uses. The US dried peas market has also seen increased interest in split peas, particularly due to their suitability for making traditional dishes like pea soup, a popular comfort food.
Industries such as food processing, animal feed, and the growing plant-based protein sector are the largest consumers of dried peas. Food manufacturers use dried peas as ingredients in soups, flour, snacks, and protein-rich food products like meat alternatives. The plant-based protein trend is fueling increased demand for dried peas due to their high protein content, making them a sought-after ingredient in vegetarian and vegan foods. Additionally, the animal feed industry utilizes dried peas as a valuable source of nutrition for livestock, especially in regions where animal feed resources are limited.
The US dried peas market is also influenced by the growing need for sustainable agricultural practices. With the rising demand for plant-based food products and the push for environmentally friendly farming methods, dried peas are seen as an ideal crop. As a legume, they naturally fix nitrogen in the soil, making them a more sustainable crop compared to other cereals. This contributes to reducing the environmental impact of farming and provides farmers with a more eco-friendly option.
In conclusion, the increasing adoption of dried peas in various industries, especially food processing and animal feed, positions the dried peas market as a key player in the agricultural and food sectors. With a growing preference for plant-based diets, sustainable farming practices, and cost-effective ingredients, the US dried peas market will likely continue to thrive, meeting the evolving needs of both consumers and industries alike.
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L.H. Hayward
Goya Foods
AGT Foods
Dakota Dry Beans
Scoular
Vestkorn
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Dried Peas Market
Whole Dried Peas
Split Dried Peas
Dried Pea Flour
Dried Pea Snacks
Whole
Crushed
Powdered
Online Retail
Supermarkets/Hypermarkets
Health Food Stores
Specialty Stores
Food and Beverage
Animal Feed
Industrial Applications
High Protein
Low Fat
Organic
Gluten-Free
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Dried Peas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Dried Peas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Dried Peas Market, By Type
6. US Dried Peas Market, By Application
7. US Dried Peas Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Dried Peas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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