Africa Pea Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.80 % |
Africa Pea Market Analysis
The Africa Peas Market is projected to grow at a CAGR of 3.8% during the forecast period (2020-2025). An increase in population growth at an exponential rate coupled with rising concerns for food security to meet this demand and growing interest for sustainable protein sources such as plant-based pea proteins are some of the factors driving the market for peas in the region.
- The lack of awareness, except in a few African countries among the consumers about the benefits of consuming plant-based proteins over meat and other dairy-based sources are some of the factors restraining the market growth. However, efforts from regional authorities promoting its people over its usage is expected to drive the market growth during the forecast period.
Africa Pea Market Trends
This section covers the major market trends shaping the Africa Peas Market according to our research experts:
Increase in Demand For Peas as Protein
The global consumption of protein has grown around 40% between 2000-2018 with Sub-Saharan Africa accounting for 17% increase in demand. The population growth was the key driver behind the growth of protein consumption during this period. According to Worldbank Statistics, the population in Africa is rapidly expanding, and by 2060 the region will hold an estimated 2.8 billion people. In order to meet this demand, plant-based protein such as pea protein has become an indispensable source of protein to safeguard food security and nutrition in the region. The change in the dietary shift for health and ethical reasons, governmental regulations and environmental constraints are expected to drive the market for plant-based proteins such as peas in the region.
High Regional Trade of Peas is Driving the Market
Africa is one of the major exporter of peas in the world. Chick peas, Cow peas and dry peas are some of pea crops grown in the region. Egypt, Kenya and Camerron are the major producers of peas in the region. According to Interantaional Trade Centre Statistics, In 2016, the total exports of fry peas from Kenya is reported to be 26,523 tons as compared to 18,712 tons in 2014. However, there is a decline in exports in the recent years due to increase in domestic demand for these crops. With increase in number of regional trade policies, the exports are expected to grow further during the forecast period.
Africa Pea Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Introduction to Market Drivers and Restraints
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4.3 Market Drivers
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4.4 Market Restraints
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4.5 Value Chain / Supply Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Geography
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5.1.1 Africa
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5.1.1.1 Kenya
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5.1.1.1.1 Production Analysis
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5.1.1.1.2 Consumption Analysis and Market Value
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5.1.1.1.3 Import Market Analysis (Volume and Value)
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5.1.1.1.4 Export Market Analysis (Volume and Value)
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5.1.1.1.5 Price Trend Analysis
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5.1.1.2 Tanzania
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5.1.1.2.1 Production Analysis
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5.1.1.2.2 Consumption Analysis and Market Value
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5.1.1.2.3 Import Market Analysis (Volume and Value)
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5.1.1.2.4 Export Market Analysis (Volume and Value)
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5.1.1.2.5 Price Trend Analysis
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5.1.1.3 Egypt
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5.1.1.3.1 Production Analysis
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5.1.1.3.2 Consumption Analysis and Market Value
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5.1.1.3.3 Import Market Analysis (Volume and Value)
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5.1.1.3.4 Export Market Analysis (Volume and Value)
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5.1.1.3.5 Price Trend Analysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Pea Industry Segmentation
The report defines peas products, in terms of the end-users. For the purpose of this report, the market scope includes only peas that include shelled and unshelled peas. The production, consumption, import, export, value chain, and pricing analysis have been provided for the Africa Peas Market. The scope includes chilled peas for studying the Africa Market.
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Africa Pea Market Research FAQs
What is the current Africa Peas Market size?
The Africa Peas Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)
What years does this Africa Peas Market cover?
The report covers the Africa Peas Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Peas Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
African Pea Industry Report
Statistics for the 2024 African Pea market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. African Pea analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
