Pea Flour Oil Market was valued at USD 0.30 Billion in 2022 and is projected to reach USD 0.56 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The Pea Flour Oil Market has undergone significant shifts from 2018 to 2022, with major trends and dynamics impacting demand and supply. The market during this period saw growth due to increased awareness of the health benefits associated with pea flour oil. Its high nutritional profile, including being a rich source of omega-3 fatty acids and antioxidants, led to a rise in demand, particularly among health-conscious consumers. The growing popularity of plant-based alternatives further boosted market growth, as pea flour oil was increasingly seen as a sustainable substitute for other vegetable oils.
From 2023 to 2033, the demand for pea flour oil is expected to continue its upward trajectory, with several key drivers contributing to this sustained growth. One of the most significant factors will be the ongoing trend towards plant-based diets. As more individuals and food manufacturers turn to plant-based oils as alternatives to traditional animal-derived oils, pea flour oil is well-positioned to benefit. The food and beverage industry is anticipated to remain the primary consumer of pea flour oil, particularly in food formulations that require a healthy and eco-friendly oil option.
The global push for healthier, sustainable ingredients in personal care products will also provide new opportunities for pea flour oil. The increasing focus on clean beauty and eco-friendly formulations is expected to open new avenues for market expansion. In addition, advancements in technology that enable more efficient extraction processes will likely reduce production costs, further driving the price competitiveness of pea flour oil in comparison to other oils in the market.
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Red River Commodities
Inc.
Groupe Limagrain
Globe ways Canada
Inc.
Batory Foods
Anchor Ingredients Co. LLC
Paula Ingredients
Bob’s Red Mill Natural Foods
Archer Daniels Midland Company
Woodland Foods. Ltd.
AGT Food and Ingredients
Ingredion GmbH
King Arthur Flour Company
Inc.
Hearthy Foods
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 Global Pea Flour Oil Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Pea Flour Oil market share In 2023.
Yellow Pea Flour
Green Pea Flour
Marrowfat Pea Flour
Maple Pea Flour
Others
Global (United States, Global 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 Global Pea Flour Oil 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. Global Pea Flour Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pea Flour Oil Market, By Type
6. Global Pea Flour Oil Market, By Application
7. Global Pea Flour Oil Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pea Flour Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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