Asia Pacific Pigeon Peas Market

Asia Pacific Pigeon Peas Market Size (2024 to 2029)

Asia Pacific Pigeon Peas Market is predicted to grow at a CAGR of 6.09% from 2024 to 2029 and the market size is expected to be valued at USD 50.16 million by 2029 from USD 37.32 million in 2024.

MARKET OVERVIEW

The pigeon pea is a perennial legume that 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 subtropical and tropical regions. Moreover, the largest pigeon peas-producing regions are Latin America, India, and Eastern Africa. Pigeon pea contains high levels of nutrients such as carbohydrates, vitamins, calories, proteins, and amino acids. Pigeon pea enhances soil fertilizer through symbiotic nitrogen fixation and enables farmers in having valuable organic products and micronutrients. Pigeon pea is also used as a cover crop, green manure, intercrop and much more in various farming systems.

The driving factors of Asia Pacific Pigeon Peas market are the 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 in the 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 patterns, unorganized sector, price fluctuation, high-quality standards, threats from pathogens such as fusarium wilt disease and pests that attack crops and substitutes to pigeon pea are the foremost production are factors that are expected to constrain the growth of this market.

This research report on the Asia Pacific Pigeon Peas market has been segmented and sub-segmented into the following categories.

Asia Pacific Pigeon Peas Market By Form

• frozen

• fresh

• canned

• dried segments

The frozen segment is expected to grow that the fastest rate in the forecast period.

Asia Pacific Pigeon Peas Market By Price Range

• mid

• premium

• low segments

Asia Pacific Pigeon Peas Market By Distribution Channel

• supermarkets

• hypermarkets

• independent

• grocery stores

• e-commerce The 

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.

Asia Pacific Pigeon Peas Market By Country

• India

• China

• Japan

• Australia

Asia Pacific has the second largest market in the world for pigeon pea by share, after North American region. In the Asia Pacific region, India has the largest market for pigeon pea. India produces more than eighty percent of pigeon pea produced worldwide. Factors such as the growing preference of customers for fiber-rich foods and technological advancements are expected to drive the market growth in the region.

KEY MARKET PLAYERS

• 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
• Unitex Tanzania Limited