North America Pigeon Peas Market

North America Pigeon Peas Market Analysis:

North America Pigeon Peas Market was worth USD xx billion in 2020 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.

The pigeon pea is a perennial legume which belongs to the family Fabaceae. Since its domestication in India at least around three and a half millennia ago, its seeds have become a common food grain in Africa, Asia and Latin America. It is consumed on a large scale mainly in south Asia and is also a major source of protein for the population in the subcontinent.

There are four varieties of pigeon peas which are tall varieties, dwarf varieties, tree types, and smaller bushes. Pigeon pea is one of the essential legume crops which originated in South Asia and are now growing in sub-tropical and tropical regions. Moreover, the largest pigeon peas producing regions are Latin America, India, and Eastern Africa. Pigeon pea contains high level of nutrition such as carbohydrates, vitamins, calories, proteins, and amino acids. Pigeon pea enhances soil fertilizer through symbiotic nitrogen fixation and enables farmers in having a valuable organic product and micronutrients. Pigeon pea is also used as a cover crop, green manure, intercrop and much more in various farming systems.

North America Pigeon Peas Market Drivers:

The driving factors of North America Pigeon Peas market are low cost of pigeon pea, long storage ease, advanced hybrid seed production technology, growing demand for processed products, rising production capacity, and logistical infrastructure. Moreover, consumers becoming health & nutrition conscious, increasing government investment towards agriculture sector and government initiatives for farmers welfare are some of the other factors which can boost the demand for pigeon pea over the forecast period. However, seasonal changing pattern, unorganized sector, price fluctuation, high-quality standards, threat from pathogens such as fusarium wilt disease and pests that attack crops and substitutes to pigeon pea are the foremost production are the factors which are expected to constrain the growth of this market.

North America Pigeon Peas Market Segmentation:

North America Pigeon Peas market is segmented based on form into frozen, fresh, canned and dried segments. Frozen segment is expected to grow that the fastest rate in the forecast period. On the basis of price range, the market is divided into mid, premium and low segments. By distribution channel the market is categorised into supermarkets and hypermarkets, independent grocery stores, e-commerce and other distribution channels. Independent grocery stores segment is expected to have the largest market share in the segment, while supermarkets and hypermarkets is expected to have the highest growth rate.

The North America Pigeon Peas market is divided based on geography into United States, Canada and Mexico. North America has the largest market in the world for pigeon pea by share, owing to factors such as growing preference for flavoured foods and rising investments in research and development. In the North America region, United States has the largest market share. Factors such as growing preference of customers for fibre-rich foods and technological advancements are expected to drive the market growth in the region.

North America Pigeon Peas Market Key Players:

Some of the major players in the market are SYMAF Co Ltd., Sun Impex, Interamsa Agroindustrial SAC, Arvind Limited, A.B.agro Company, Akyurek Kardesler Ltd., Taj Foods, Pulses Splitting & Processing Industry Pvt Ltd and Unitex Tanzania Limited.