Europe Pigeon Peas Market

Europe Pigeon Peas Market  Size and Growth Analysis:

Europe Pigeon Peas Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.

Europe Pigeon Peas 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 Europe 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 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 sectors, 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.

Europe Pigeon Peas Market Segmentation:

Europe Pigeon Peas market is segmented based on

• form into frozen

• fresh

• canned

• dried segments

The 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

• low segments

By distribution channel the market is categorized into supermarkets and hypermarkets, independent grocery stores, e-commerce and other distribution channels. 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.

Europe Pigeon Peas Market geographical Analysis

The Europe Pigeon Peas market is divided based on geography into

• United Kingdom

• France

• Italy

• Germany

• Spain

Europe has the third-largest market in the world for pigeon pea by share, after North America and Asia Pacific regions. In the Europe region, United Kingdom is expected to have the largest market share. 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.

Europe Pigeon Peas Market Key players:

Some of the major players in the market are

1. SYMAF Co Ltd.

2. Sun Impex

3. Interamsa Agroindustrial SAC

4. Arvind Limited

5. A.B.agro Company

6. Akyurek Kardesler Ltd.

7. Taj Foods

8. Pulses Splitting & Processing Industry Pvt Ltd

9. Unitex Tanzania Limited