As per our research, the Global Yellow Pigeon Peas market size is estimated to grow from USD 7.21 Billion in 2022 to USD 11.07 Billion in 2030 at a CAGR of 5.5%.
The impact of the COVID-19 pandemic on the yellow pigeon peas market was characterized by disruptions in supply chains, constraints on labor availability, and the imposition of transportation and trade restrictions. Yellow pigeon peas, a dietary staple in numerous countries, across Africa, Asia, and the Caribbean, encountered formidable challenges in both their production and distribution processes. Farmers grappled with diminished access to labor and essential resources, resulting in lesser yields and escalating production costs. Concurrently, stringent lockdowns and social distancing measures impeded the seamless movement of goods, translating into shipment delays and increased transportation expenses. Nevertheless, the pandemic also fostered a heightened awareness of the need to diversify food sources, which is likely to instigate enduring shifts in consumption habits, potentially benefiting the yellow pigeon peas market in the post-pandemic era. Consequently, the market is poised for substantial growth in the forthcoming years, indicating that the pandemic's repercussions will not be of a long-term nature.
there has been a surge in consumer interest in healthier dietary choices, leading to a growing demand for nutritious and plant-based foods. Yellow pigeon peas have emerged as a particularly appealing option, as they provide a wealth of essential nutrients, such as protein, iron, potassium, and vitamins. This nutritional profile makes them highly sought after by health-conscious individuals seeking to maintain a balanced diet. heightened awareness of environmental sustainability and ethical concerns, there has been a significant surge in the demand for plant-based protein sources. Yellow pigeon peas act as a sustainable and eco-friendly option, offering an attractive alternative to animal-based proteins. Their versatility allows them to be incorporated into a wide range of dishes, including soups, stews, curries, and side dishes, enriching the flavor and nutritional content of meals. The ongoing trend of globalization and the growing cultural exchange of cuisines have further contributed to the surging demand for yellow pigeon peas in the food industry. As people embrace the rich flavors and nutritional benefits of dishes from different regions, the popularity of these peas continues to rise, making them a sought-after ingredient in the global culinary landscape. Numerous countries are enacting supportive agricultural policies and initiatives to drive pulse cultivation, including the growth of yellow pigeon peas. With a focus on enhancing domestic production, boosting farmers' income, and ensuring food security, these favorable measures contribute to a conducive market environment. By encouraging increased production and trade of yellow pigeon peas, these policies pave the way for market growth and a sustainable source of nutritious pulses.
However, inherent vulnerabilities to climate-related risks, including the impact of extreme weather events, prolonged droughts, the threat of diseases, fragmentation of the market, comprising numerous small-scale farmers and regional players, and limited awareness about the nutritional benefits and culinary versatility of yellow pigeon peas may restrict the growth of the Global Yellow Pigeon Peas.
Based on Product Type, the split yellow pigeon dominates the segment. Split yellow pigeon peas are more commonly used in various cuisines and recipes, especially in regions where pigeon peas are a staple food. The splitting process involves removing the outer seed coat, making them quicker to cook and easier to digest. The whole yellow pigeon peas stand out as the fastest-growing market.
Based on Cultivation Type, Organic Yellow Pigeon Peas have the highest demand base. Consumers are becoming more health-conscious and environmentally aware. Organic farming methods, which avoid the use of synthetic pesticides and fertilizers, appealed to consumers seeking pesticide-free and sustainable food options. Natural farming, which emphasizes working in harmony with nature and minimizing external inputs, also gained popularity, especially among consumers looking for more traditional and holistic farming practices.
Based on Processing Type, the Dry Method is often preferred because it allows for better preservation of the pigeon peas' nutritional content and flavor. It also offers more extended storage capabilities, making it more suitable for trade and distribution. The Wet Method has also been gaining traction in recent years.
Based on Packaging Material, Eco-Friendly Packaging such as compostable bags and paper bags, has a huge demand base due to increasing environmental awareness and the desire to reduce plastic waste. Compostable bags are made from biodegradable materials that can break down naturally in composting conditions, while paper bags are recyclable and have a lower environmental impact compared to plastic-based packaging. However, Plastic-based packaging, such as PP bags and PE bags, were widely used in the past due to their cost-effectiveness and convenience, The global movement towards sustainability and eco-consciousness has driven a shift towards eco-friendly and natural fiber-based packaging options.
Based on End-Use, Food & Beverage dominate the end-use segment. Yellow pigeon peas are commonly used as an ingredient in various food products, and their versatility in culinary applications makes them a sought-after commodity be it the household, restaurants, or any other culinary-based Industry. The Dietary Supplements industry has seen an increase in demand and is the fastest growing market due to their protein content and other nutritional benefits. They provide an alternative plant-based protein source for dietary supplement manufacturers looking to cater to consumers seeking nutritional supplements with plant-derived ingredients.
Based on the Distribution Channel, Supermarkets and Hypermarkets have the most significant market share in the distribution of yellow pigeon peas. These large retail outlets have wide product offerings and attract a large number of consumers, making them a popular choice for purchasing various food items, including yellow pigeon peas. Online Retail has been steadily growing in recent years due to the convenience of e-commerce and the increasing trend of online grocery shopping. Online platforms offer consumers the flexibility to order products from the comfort of their homes and have them delivered to their doorsteps.
Based on Region, Asia-Pacific has dominated the regional market segment for yellow pigeon peas as the population there incorporates it into various dishes such as dals, curries, and rice-based meals. The consumption of yellow pigeon peas is deeply ingrained in the culinary culture of the countries of this region, contributing to higher demand in the region. North America is the fastest-growing region in the Global Yellow Pigeon Peas Market, driven by the increasing popularity of plant-based diets and ethnic cuisines.
Companies playing a leading role in the Global Yellow Pigeon Peas market profiled in this report are AGT Foods and Ingredients Inc., BroadGrain Commodities Inc., Adani Wilmar Private Limited, Cargill, Inc., Solen Food Industry and Trade Inc.
Whole Yellow Pigeon Peas
Split Yellow Pigeon Peas
Organic
Natural
Hybrid
Wet Method
Dry Method
Plastic-Based
PP Bags
PE Bags
Vacuum Sealed
Others
Natural Fiber-Based
Jute Bags
Hessian Bags
Eco-Friendly Packaging
Compostable Bags
Paper Bags
Others
Food & Beverage
Dietary Supplements
Cosmetic Industry
Pharmaceutical Industry
Supermarkets and Hypermarkets
Wholesale Markets
Online retail
Others
Local Grocery Stores
Convenience Stores
North America
Europe
Asia-Pacific
South America
Middle East & Africa
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