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Pea Flakes Market Forecast: What Market Value Is Expected By 2030?
The pea flakes market has experienced rapid expansion in recent years. It is projected to grow from $2.3 billion in 2025 to $2.55 billion in 2026, at a compound annual growth rate (CAGR) of 10.6%. The historical growth can be attributed to the increase in pulse crop cultivation, the expansion of animal feed nutrition markets, a growing awareness of plant protein benefits, the availability of yellow and green pea varieties, and advancements in food processing techniques.
The market for pea flakes is projected to experience substantial expansion over the upcoming years. By 2030, its size is anticipated to reach $3.81 billion, demonstrating a compound annual growth rate (CAGR) of 10.6%. This projected growth is driven by several factors, including a heightened demand for sustainable protein sources, increased integration into functional food products, the expansion of plant-based dietary trends, a rise in its application within specialty animal feeds, and greater investments in infrastructure for pulse processing. Key trends anticipated during this period involve an escalating incorporation of plant-based nutritional components, a growing preference for natural and minimally processed food items, expanding utilization in animal feed sectors, the proliferation of organic pea-based offerings, and an intensified emphasis on both digestibility and the preservation of nutrients.
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Pea Flakes Market Industry Drivers: What Is Driving Revenue Growth?
The increasing demand for convenience foods is projected to stimulate the growth of the pea flakes market moving forward. Convenience foods are defined as items that are nearly ready for consumption upon purchase and require quick, simple preparation. This surge in demand for such foods arises from busy lifestyles, growing urbanization, and the desire for swift, effortless meal options. Pea flakes are increasingly utilized in convenience foods due to their nutritional benefits, adaptability, and capacity to elevate the protein content of ready-to-eat meals and snacks. For example, in March 2024, the Bank of Ayudhya Public Company Limited, a commercial banking company based in Thailand, reported that Thailand’s domestic market for ready-to-eat food is expected to expand annually by 3.0-4.0% from 2024 to 2026. Additionally, in 2022, the ready-to-eat food industry recorded a total domestic and export sales volume of 482.4 thousand tons, with a value of USD 2.0 billion. Therefore, the rising demand for convenience foods is a key driver for the pea flakes market’s growth. The increasing need for plant-based proteins is anticipated to propel the pea flakes market’s growth in the coming period. Plant-based proteins originate from non-animal sources such as legumes, grains, nuts, and seeds, supplying essential nutrients while supporting healthier and more sustainable dietary choices. The demand for these proteins is on the rise as consumers increasingly prioritize high-protein diets, seek to reduce meat consumption, and look for allergen-friendly alternatives. Pea flakes support this trend by offering a convenient, nutrient-dense, and versatile source of plant protein suitable for vegetarians, vegans, and flexitarians. For instance, in April 2023, The Good Food Institute, a US-based non-profit organization, indicated that global retail sales of plant-based meat, seafood, eggs, and dairy products climbed to approximately US $29 billion in 2023, up from around US $21.6 billion. Consequently, the heightened demand for plant-based proteins is a significant factor driving the expansion of the pea flakes market.
Pea Flakes Market Segments: Where Are The Largest Growth Opportunities?
The pea flakes market covered in this report is segmented –
1) By Type: Yellow Pea, Green Pea
2) By Nature: Organic, Conventional
3) By Application: Food Processing, Animal Feed
4) By Distribution Channel: Hypermarket Or Supermarket, Convenience Stores, Online
Subsegments:
1) By Yellow Pea: Whole Yellow Pea Flakes, Split Yellow Pea Flakes
2) By Green Pea: Whole Green Pea Flakes, Split Green Pea Flakes
#Pea Flakes Market Growth Trends: What Is Influencing The Future Outlook?
Leading companies in the pea flakes market are increasingly concentrating on introducing innovative offerings, such as gluten-free snacks, to achieve a competitive edge. Gluten-free snacks are food items that do not contain gluten, a mixture of proteins commonly found in wheat and related grains like barley and rye. For example, in August 2023, Calbee Inc., a food company based in Japan, launched a new Harvest Snaps snack flavor in collaboration with Walmart. The Harvest Snaps product line provides a variety of plant-based options, including the popular Snapea Crisps. These gluten-free snacks are lightly salted and baked, not fried, presenting a healthier choice for snacking. Made from green peas, Harvest Snaps are distinguished by their satisfying crunch and delightful taste. The sampler package contains seven different flavours, enabling users to enjoy a diverse range of tasty, plant-based baked snacks.
Pea Flakes Market Major Participants And Competitive Dynamics
Major companies operating in the pea flakes market are Gemef Industries, BP Milling Ltd, Dumoulin SA, Garden Valley Foods, Green Foods LLP, Inland Empire Foods Inc, Vestkorn Milling AS, Cosucra Groupe Warcoing SA, Emsland Group, Roquette Freres SA, Avena Foods Limited, Best Cooking Pulses Inc, CanMar Grain Products Ltd, Ingredion Incorporated, JR Farm GmbH, Puris Foods, AGT Food and Ingredients, Parrheim Foods, Shandong Jianyuan Group, Vest Foods
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#Pea Flakes Market Largest Region: Which Geography Holds The Highest Market Share?
North America was the largest region in the pea flakes market share in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pea flakes market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.