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Europe Pea Market Size (2024 - 2029)

The Europe Pea Market is experiencing growth driven by the crop's nutritional benefits and its ability to enhance soil fertility. Peas, known for their high protein content and low calorie count, are in demand due to their use in human nutrition and as animal feed. The favorable climatic conditions and suitable soils in Europe support extensive pea cultivation, contributing to the market's expansion. Additionally, the dual-purpose cultivation of peas for forage and grain, along with their nitrogen-fixing properties, further boosts their market presence in the region.

Market Size of Europe Pea Industry

Europe Pea Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 3.80 Billion
Market Size (2029) USD 4.40 Billion
CAGR (2024 - 2029) 2.80 %

Europe Pea Market Analysis

The Europe Pea Market size is estimated at USD 3.80 billion in 2024, and is expected to reach USD 4.40 billion by 2029, at a CAGR of 2.80% during the forecast period (2024-2029).

  • Peas, cultivated for centuries across various European nations, boast high nutritional value and protein content. Rich in amino acids, proteins, and sugars, peas find their largest producer in France. Leading the continent, France excels in cultivating both garden and dried peas. For instance, according to FAOSTAT, the developed area for dry peas in France was 133,490 hectares; for fresh peas, the cultivated area was 44,540 hectares in 2022. While Germany, Spain, and Ukraine also produce significant quantities, France's dominance in pea production is evident, bolstered by the country's favorable growth climate. Additionally, southern Russia, particularly the Caucasus and Volga regions, has a long-standing history of pea cultivation.
  • In Germany and other European nations, the consumption of peas has surged, driven by a rising demand for pea protein, a growing vegan and vegetarian population, and heightened health consciousness. Reports from the USDA's Foreign Agriculture Service in 2022 highlighted that Germany's vegan population surpassed 1.5 million, with over half the populace favoring plant-based over animal-based products. This trend underscores the untapped potential for vegan items like peas.
  • Moreover, the import of fresh peas in European countries has been observed to increase in recent years. According to the ITC trade Map, in the year 2022, the total import volume of fresh peas was observed at 430,634 metric tons, which increased to 431,103 metric tons in the year 2023. Demand for these imports is shaped by culinary trends, cultural preferences, and the rising popularity of plant-based proteins. Given the growing consumer interest in vegan diets, the demand for imported peas as a protein-rich alternative is poised to rise in the future.

Europe Pea Industry Segmentation

The pea is the tiny, spherical seed or seed pod of the flowering plant Pisum sativum. It is the fourth-most important legume crop, following soybeans, groundnuts, and beans. The European pea Market is Analyzed by Production (Volume), Consumption (Volume and value), Imports (Volume and value), Exports (Volume and value), and Price Trend Analysis. The report offers the market size and forecasts regarding volume (Metric ton) and value (USD) for all the above segments.

Russia
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Ukraine
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
France
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Spain
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Netherlands
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Rest of Europe
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
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Europe Pea Market Size Summary

The European pea market is experiencing significant growth, driven by the crop's nutritional benefits and its ability to enhance soil fertility through nitrogen fixation. Peas are a valuable source of protein, amino acids, and vitamins, making them a staple in both human and animal nutrition. The region's favorable climatic conditions and soil quality support the robust cultivation of various pea varieties, including dried yellow and green peas. This has led to increased demand for peas, both for domestic consumption and export. The crop's dual-purpose use, as forage and grain, particularly in countries like Bulgaria, further contributes to its market expansion. The rising livestock production in Southeast Europe also plays a crucial role in boosting the market, as peas provide an essential protein source that can reduce reliance on imported feed.

European countries such as the Netherlands, France, Germany, and Belgium are key exporters of peas, with significant export opportunities to countries like Turkey, India, and the United Arab Emirates. Efforts by governments to expand pea cultivation areas, such as the Netherlands' National Protein Strategy, are expected to enhance domestic production and export potential. Russia stands out as a dominant producer within Europe, benefiting from its favorable growing conditions and increasing global demand for meat substitutes. The absence of export taxes on peas has made them an attractive commodity for Russian exporters, further driving market growth. Recent investments in pea processing facilities and the introduction of new pea-based products by companies like Roquette and Lantm鈭毬nen highlight the industry's expansion and the growing interest in plant-based ingredients.

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Europe Pea Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increase In Demand for Peas in Livestock Feed

      2. 1.2.2 Expanding Global Vegan Population Base

      3. 1.2.3 Increasing Health Consciousness

    3. 1.3 Market Restraints

      1. 1.3.1 Regulatory Restrictions

      2. 1.3.2 Volatility In Commodity Prices

    4. 1.4 Value Chain Analysis

    5. 1.5 PESTLE Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 Russia

      1. 2.1.1 Production Analysis

        1. 2.1.1.1 Consumption Analysis and Market Value

        2. 2.1.1.2 Import Market Analysis (Volume and Value)

        3. 2.1.1.3 Export Market Analysis (Volume and Value)

        4. 2.1.1.4 Price Trend Analysis

      2. 2.1.2 Ukraine

        1. 2.1.2.1 Production Analysis

        2. 2.1.2.2 Consumption Analysis and Market Value

        3. 2.1.2.3 Import Market Analysis (Volume and Value)

        4. 2.1.2.4 Export Market Analysis (Volume and Value)

        5. 2.1.2.5 Price Trend Analysis

      3. 2.1.3 France

        1. 2.1.3.1 Production Analysis

        2. 2.1.3.2 Consumption Analysis and Market Value

        3. 2.1.3.3 Import Market Analysis (Volume and Value)

        4. 2.1.3.4 Export Market Analysis (Volume and Value)

        5. 2.1.3.5 Price Trend Analysis

      4. 2.1.4 Spain

        1. 2.1.4.1 Production Analysis

        2. 2.1.4.2 Consumption Analysis and Market Value

        3. 2.1.4.3 Import Market Analysis (Volume and Value)

        4. 2.1.4.4 Export Market Analysis (Volume and Value)

        5. 2.1.4.5 Price Trend Analysis

      5. 2.1.5 Netherlands

        1. 2.1.5.1 Production Analysis

        2. 2.1.5.2 Consumption Analysis and Market Value

        3. 2.1.5.3 Import Market Analysis (Volume and Value)

        4. 2.1.5.4 Export Market Analysis (Volume and Value)

        5. 2.1.5.5 Price Trend Analysis

      6. 2.1.6 Rest of Europe

        1. 2.1.6.1 Production Analysis

        2. 2.1.6.2 Consumption Analysis and Market Value

        3. 2.1.6.3 Import Market Analysis (Volume and Value)

        4. 2.1.6.4 Export Market Analysis (Volume and Value)

        5. 2.1.6.5 Price Trend Analysis

Europe Pea Market Size FAQs

The Europe Pea Market size is expected to reach USD 3.80 billion in 2024 and grow at a CAGR of 2.80% to reach USD 4.40 billion by 2029.

In 2024, the Europe Pea Market size is expected to reach USD 3.80 billion.

Europe Peas Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)