The Pigeon Peas Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Pigeon Peas Market is estimated to be USD xx billion in 2017 and predicted to rise to USD xx billion by 2022 with a CAGR of xx%. The market is divided by Form (Frozen, Fresh, Canned and Dried), by Price Range (Low, Mid and Premium), by Distribution Channel (Supermarkets and Hypermarkets, Independent Grocery Stores, E-Commerce and Other Distribution Channels). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The driving factors of global 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.
The global 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 Global Pigeon Peas market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for Pigeon Peas in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to factors such as growing preference of consumers for fibre rich foods and developing logistical infrastructure. In the Asia Pacific region, India is the largest producer of pigeon pea which accounts to more than eighty percent of global production.
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.
Browse through the full report at https://www.marketdataforecast.com/market-reports/pigeon-peas-market-6129/ and checkout our recent reports in the Processed Food at https://www.marketdataforecast.com/subcategory/processed-food-15/ For more insights and up-to-date industry news don’t forget subscribing to our newsletters