According to a new report published by OG Analysis, the global Dried Peas Market is valued at USD 7.5 billion in 2026 and is projected to reach USD 13.98 billion by 2034, expanding at a CAGR of 8.03% during the forecast period.

Market Overview

The market is an important segment of the global pulses and plant-based protein industry, supplying green peas, yellow peas, split peas, and whole peas for household food consumption, food processing, animal feed, pet food, nutraceuticals, and emerging plant-based applications. Dried peas are valued for protein, dietary fiber, affordability, long shelf life, and flexibility across soups, stews, curries, pulse flours, snacks, bakery formulations, ready meals, meat alternatives, protein beverages, and feed formulations. Market development is increasingly shaped by pulse fractionation, traceable sourcing, improved seed varieties, organic and non-GMO positioning, and the conversion of dried peas into higher-value protein, starch, fiber, and functional flour ingredients.

Key Market Insights

●       The market is valued at USD 7.5 billion in 2026 and is forecast to reach USD 13.98 billion by 2034 at an 8.03% CAGR, supported by plant-based nutrition, food processing, animal feed, pulse-based snacks, pea protein extraction, and traditional household consumption.

●       Yellow peas are strategically important because they are widely used as feedstock for pea protein concentrates and isolates used in meat alternatives, nutrition beverages, protein bars, functional foods, and other high-protein formulations.

●       Traditional consumption of split and whole dried peas remains a stable demand base across soups, stews, curries, porridges, and household meals, supported by affordability, nutritional value, and long shelf life.

●       Pea fractionation capacity is becoming a major competitive factor as processors move from commodity pulse handling toward higher-value pea protein, starch, fiber, and food-grade flour ingredients.

●       Sustainability strengthens the category because peas support nitrogen fixation, crop rotation, and reduced dependence on synthetic fertilizers, improving their appeal in climate-conscious food systems and regenerative farming programs.

Market Dynamics

●       Driver: Growing demand for plant-based protein is expanding use of yellow peas in protein isolates and concentrates for meat alternatives, high-protein foods, beverages, nutrition bars, and functional formulations.

●       Driver: Affordable traditional pulse consumption continues to support stable demand for split peas and whole dried peas across household, foodservice, institutional catering, and packaged-food channels.

●       Opportunity: Expansion of pea fractionation and ingredient processing creates higher-value opportunities in pea protein, starch, fiber, functional flour, gluten-free foods, snacks, bakery products, and pet nutrition.

●       Restraint: Weather variability, crop disease, yield changes, harvest quality, and regional growing conditions can create supply volatility and affect processor utilization, quality consistency, and pricing.

●       Restraint: Competition from lentils, chickpeas, soy, fava beans, and other protein crops can influence formulation choices, procurement patterns, and relative ingredient economics.

●       Opportunity: Organic, non-GMO, traceable, and sustainably grown dried peas can support premium positioning among clean-label brands, specialty retailers, natural-food manufacturers, and health-focused consumers.

●       Opportunity: Pulse-based snack innovation, pet-food reformulation, aquafeed, and cost-effective animal-feed applications can broaden demand beyond conventional household and food-processing uses.

Browse for more information

https://www.oganalysis.com/industry-reports/dried-peas-market

Market Segmentation

The market is segmented by type, application, and geography. By type, the industry report covers Green Peas and Yellow Peas. By application, the market includes Food & Beverage, Pharmaceutical & Nutraceutical, Animal Feed, and Cosmetics & Personal Care. Food and beverage applications span household staples, soups, ready meals, pulse flours, snacks, bakery products, meat alternatives, and other plant-based foods, while pharmaceutical and nutraceutical uses are supported by protein and functional ingredient demand. Regionally, the market is analyzed across North America, Europe, Asia-Pacific, the Middle East and Africa, and South and Central America.

Regional Insights

●       North America: The region is supported by strong pulse farming, advanced grain handling, established export channels, growing pea protein processing, non-GMO and organic demand, and expanding use of peas in plant-based foods, pet food, and animal feed.

●       Asia Pacific: Demand is supported by traditional pulse consumption, large population bases, food processing growth, vegetarian dietary patterns, imports of split and whole peas, and increasing use of pea flour and pea-derived ingredients in packaged foods and snacks.

●       Europe: The region is shaped by sustainable protein demand, flexitarian diets, plant-based food innovation, local pulse development, clean-label positioning, and expanding use of pea protein, starch, fiber, and flour in premium functional foods.

●       Latin America & Middle East and Africa: These regions offer opportunities through household pulse demand, institutional catering, food security, animal feed, packaged dry pulses, private-label products, foodservice, and growing interest in affordable plant-based protein sources.

Competitive Landscape

The competitive landscape spans pulse growers, grain traders, exporters, ingredient processors, food companies, and specialist pea suppliers. Competitive positioning depends on crop sourcing, seed quality, cleaning and grading capability, supply reliability, export logistics, traceability, organic and non-GMO certification, and access to fractionation or value-added processing. Companies with integrated positions across origination, storage, milling, fractionation, and food-ingredient supply are better placed to capture the shift from commodity peas toward higher-value protein, starch, fiber, flour, and branded pulse applications.

Some of the key players operating in the market include Archer Daniels Midland, AGT Food and Ingredients, Ceres Global, Batory Foods, Ingredion, Parakh Agro Industries, Agrocorp International, Blue Sky Organic Farms, Palouse Brand, Goya Foods, BroadGrain Commodities, Simpson Seeds, Woodland Foods, Marrow Fine Foods, and Viterra.

Recent Developments

●       January 2026: Roquette highlighted scale-up progress at its Manitoba pea-processing complex, designed to process up to approximately 125,000 metric tons of yellow peas per year at full run, reinforcing investment in large-volume pea ingredient manufacturing capacity.

●       November 2024: Roquette Canada announced investment in new equipment at its Portage la Prairie pea-processing site to improve efficiency, reliability, uptime, and throughput for yellow-pea processing operations.

●       November 2024: Ingredion and Lantmannen formed a strategic partnership to accelerate yellow pea protein isolate development in Europe, with Lantmannen committing more than EUR 100 million toward a new Swedish plant targeted for completion in 2027.

●       June 2024: Louis Dreyfus Company started construction of a pea protein isolate plant in Yorkton, Saskatchewan, expanding North American processing capacity for taste-neutral and functional pea-based ingredients.

●       June 2023: COSUCRA secured EUR 45 million to support expansion and modernization, including higher capacity for pea-based ingredients and energy-transition upgrades across industrial processing operations.