December 10, 2021 05:23 EST | Source: Research and Market Research and Market

Dublin, December 10, 2021 (Global News Agency)-"Dry Peas Global Market Report 2021: COVID-19 Growth and Changes" report has been added to ResearchAndMarkets.com's products.

The global dry peas market is expected to grow from USD 4.01 billion in 2020 to USD 4.37 billion in 2021, with a compound annual growth rate (CAGR) of 9.12%.

The growth is mainly due to more and more people turning to vegetarianism and more and more health-conscious customers. It is estimated that by 2025, the market will reach USD 5.58 billion, with a compound annual growth rate of 6.29%. Dry pea companies are increasingly offering pea protein-based powders that can be added to ready-to-drink beverages, baked goods and dairy products. Pea protein has a high protein concentration and a balanced distribution of amino acids. It can be used as a substitute for egg protein in mayonnaise and other products, as well as a substitute for soy and wheat gluten. For example, in 2019, American food company Cargill launched a new multifunctional pea protein powder, Radipure, which is made from non-GMO (GMO) dried peas. More and more people like a healthy lifestyle, and it is expected that the dry peas market will grow in the next few years. The healthy lifestyle of people today helps fight disease, focuses on a strong immune system to prevent infection, and more energy.

In recent years, people have been paying attention to their health, so many people have begun to switch to vegetarian food, because vegetarian food can lower blood pressure and improve cholesterol levels, thereby reducing the chance of heart attack and stroke. For example, according to the FMCG Gurus 2020 survey report, 59% of consumers worldwide are more concerned about their health. This has also increased the market for plant-based proteins, including peas, lentils, beans and soy products. The countries covered by the dry peas market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.

The report covers the market characteristics, size and growth, segmentation, regional and country segmentation, competitive landscape, market share, trends and strategies of the market. It tracks the history of the market and predicts market growth by region. It puts the market in the context of the broader dried peas market and compares it with other markets.

For more information about this report, please visit https://www.researchandmarkets.com/r/t391o9

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