Field Peas Market for Pet Food Research Report: by Type (Peas, Chickpeas, Others), by Application (Dog Food, Cat Food, Others), and Region - Global Forecast till 2027
ID: MRFR/AGR/5860-CR | January 2019 | Region: Global | 114 pages
Market Overview:
The global field peas market is expected to reach USD 2,417.6 million USD by the end of 2024. In the forecast period of 2018-2024, the field peas market is expected to have a CAGR of 5.85%. This high rate is because of the rapid increase in the adoption of pets across the world. Other factors that contribute to the growth of the field peas industry value are the increase in the owners' per capita income and the rapid increase in urbanization. The major reason for field peas gaining so much popularity as a portion of pet food is their nutritional value. These can fulfil the need for vitamins and minerals for the pets, subsequently proving the health benefits of field peas. Not to forget the fiber they contain, which helps in the proper digestion in the pets.
According to the reports, the field peas market is expected to touch 3,869.4 thousand tons by the year 2024. This growth is majorly the beach of the manufacturing units that have been catering to the let owners' demands very well. But some pets are allergic to peas which create an instruction up the growth of the market.
COVID-19 Analysis:
COVID era has been unpredictable when not just the individuals but even the business at all levels have suffered badly. They seem to have lost a crucial period that obviously won't come back, but one thing that can be made sure of is that they can be restored to the place where they were before the Covid times and then slowly move towards the growth from there. The reports that have been prepared are the work of the experienced analyst. The in-depth analysis and the research has been taught in the reports provided to them. The reports provide the methods to self-abuse themselves by looking at the current field peas market and related scenarios. Also, the strategies and plans implemented by the major players have been included in the reports. The reports also have qualitative and quantitative insights into the global field peas market for the good of the business owners.
Market Dynamics:
The market dynamics of the field global market research is dependent upon many driving factors, which are:
- Increased pet population: Most of the regions worldwide have been experiencing an increase in the population of pets. With this increase, the owners have also been getting more vigilant about making sure that their pet gets the best food and hence have been moving towards the option of field peas and snaps for their food.
- Nutritional benefits: The health benefits of field peas for pets are numerous like regulating their blood sugar and boosting immunity and ensuring that the pets' protein requirements are fulfilled completely.
- Product innovation: The manufacturers of pet food have been making regular pet food innovation using field peas. This has been one of the major factors which are responsible for the growth of the market.
On the other hand, some factors have been his training regrowth of the field peas market. The major one is the fact that few of the pets are allergic to peas. Moreover, the cost of the field peas food is competitively higher than the other pet food, which comes as another restraint in the market's growth.
Regulatory Implications:
The regulatory implications on the field pea market are not very supportive as they should have been. They are an alternative to the meat products for providing the protein requirements to the animals should have more support from the regulatory bodies. However, these are being promoted but not to the expected level. There are no such laws against the market because of such high nutritional value of field peas and the supplements they have been providing.
Segmentation Overview:
The field peas market can be classified into two major types of field peas:
- Based on types
- Based on application
Based on Types: This segmentation further has the following subdivisions:
- Chickpeas
- Peas
- Others
Among all the types of field peas, the chickpeas segment is expected to witness a CAGR OF 6.51% over the forecast period. It has also been estimated that this segment would demand almost 956.8 thousand tins by the end of 2024. The major factors that chickpeas are gaining so much importance are their high nutritious value. Also, the legumes can maintain high immunity and regulate the blood sugar levels in pets. At the same time, the peas segment is expected to touch 1535.7 million USD by 2024.
Based on Application: The market can be subdivided into the following categories based on the application:
- Dog food
- Car food
- Others
Dog food is the largest segment in the field peas industry value based on the application. It is expected to be close to a value of around 1,475.9 million by 2024. It is expected to reach a CAGR of 4.84% in the forecast period. Simultaneously, the CAGR of the cat food segment in the global field peas market is estimated to reach a value of 654.7 million by 2024.
Regional Analysis:
Based on the regions, the field peas market is divided into the following:
- North America
- Europe
- Asia Pacific
- Rest of the world
The region that is expected to dominate the market is Europe. North America then follows it. The brands involved in pet foods production have been engaged in bringing new products and food that are grain-free. These have been the biggest driving factors in the areas that dominate the market. A lot of emphases are given to pet care and well-being in North America, and therefore, the region is expected to gain more popularity in the market.
Europe exhibits a CAGR of 5.71%, the value in North America is 5.56%, whereas the value of CAGR in the Asia Pacific is 6.51%. Europe accounts for almost 34.5% of the toal market, North America has a 31.1% share, and Asia Pacific has a share of 22.1%. The remaining 12.3%share one that the rest of the world has.
Competitive Landscape:
The major players in the field peas market are:
AGT Food and Ingredients, Inc. (Canada), Palouse Brand (U.S.), Ceres Global Ag Corp (U.S.), Crites Seed Inc. (Europe), George F. Brocke & Sons Inc. (U.S.), Columbia Grain International, LLC (U.S. and Great Northern AG (U.S.)
All these key players have always made sure to maintain integrity and professionalism in the field peas market. The strategies planning and the implementations have led them to reach the heights of success. They have been the role model for many new startups and small scale industries. Not only for themselves, but they have always looked after the market as a whole and have been able to take the market to such heights. Innovations have been the driving factor in the growth of the market.
Recent Developments:
Few recent developments in the field peas market are:
- Advancements have been made in the cultivation process of the field peas and snaps. The hybrids with desirable characteristics have been cultivated that have been yielding good results.
- The advancement in technologies has also been administered in the processing stage of the field peas.
- Various manufacturing units have been working in innovating different foods using the field peas.
- New advancements have been bought at all levels starting from cultivating to manufacturing and even in the packaging.
- The nutritional value of field peas has been restored, if not increased, in all the foods that the field peas have prepared.
Report Overview:
The report provided to the business owners and the associates has everything they would look for to ensure they are up to date with the market standards. Apart from studying the market size and the recent trends in the market, it also gives the field pea market's development status. Other things included in the report are the opportunities for investments, the policies laid down by the government and the market dynamics. The reason that the technological advancements have been added in the report is mainly to ensure that the organisations can optimize their products' quality and performance. The reports have been prepared after the in-depth study and analysis by the experts of the industry. The present market scenario and the qualitative and quantitative analysis of the market is also covered in all the reports.
Frequently Asked Questions (FAQ) :
During the forecast period, the expected CAGR of the global field peas market is 5.85%
The expected CAGR of the global field peas market is 2,417.6 million by 2024
The region that is expected to lead the global field peas market is Europe.
The primary application of field oasis Dog food, cat food and others
High prices and pet allergies to peas the major factors that limit the growth of the field peas market
1 Executive Summary
2 Market Introduction
2.1 Definition 17
2.2 Scope of the Study 17
2.3 Assumptions 18
2.4 Market Structure 18
2.5 Key Takeaways 19
2.6 Key Buying Criteria 19
3 Research Methodology
3.1 Research Process 21
3.2 Primary Research 22
3.3 Secondary Research 23
3.4 Market Size Estimation 23
3.5 Forecast Model 24
4 Market Dynamics
4.1 Introduction 26
4.2 Drivers 27
4.2.1 Increase in pet population and pet adoption 27
4.2.2 Functional benefits of pea in pet food 27
4.2.3 Continuous product innovation 27
4.2.4 Drivers Impact Analysis 28
4.3 Restraints 29
4.3.1 Fluctuating prices of field peas 29
4.3.2 Intolerance of peas among the pets 29
4.3.3 Restraints Impact Analysis 29
4.4 Opportunities 30
4.4.1 Increasing demand for grain-free pet diet 30
4.4.2 Inclination towards plant-sourced protein in pet food 30
4.5 Challenges 30
4.5.1 Change in feed preferences among the pet owners 30
5 Market Factor Analysis
5.1 Value Chain Analysis 32
5.2 Supply Chain Analysis 33
5.3 Porter’s Five Forces Analysis 34
5.3.1 Threat of New Entrants 35
5.3.2 Bargaining Power of Suppliers 35
5.3.3 Threat of Substitutes 35
5.3.4 Bargaining Power of Buyers 35
5.3.5 Intensity of Rivalry 36
6 Global Field Peas Market for Pet Food, By Type
6.1 Overview 38
6.1.1 Peas 38
6.1.2 Chickpeas 38
6.1.3 Others 38
7 Global Field Peas Market for Pet Food, By Application
7.1 Overview 43
7.1.1 Dog Food 43
7.1.2 Cat Food 43
7.1.3 Others 43
8 Global Field Peas Market for Pet Food, By Region
8.1 Introduction 48
8.2 North America 49
8.2.1 U.S. 52
8.2.2 Canada 54
8.2.3 Mexico 56
8.3 Europe 58
8.3.1 U.K 61
8.3.2 Germany 63
8.3.3 France 65
8.3.4 Italy 67
8.3.5 Spain 69
8.3.6 Rest of Europe 71
8.4 Asia Pacific 73
8.4.1 China 76
8.4.2 India 78
8.4.3 Japan 80
8.4.4 Australia 82
8.4.5 Rest of Asia Pacific 84
8.5 Rest of the World 86
8.5.1 Latin America 89
8.5.2 Middle East 91
8.5.3 Africa 93
9 Competitive Landscape
10 Company Profiles
10.1 AGT Food and Ingredients, Inc. 100
10.1.1 Company Overview 100
10.1.2 Financial Overview 100
10.1.3 Products Offerings 100
10.1.4 Key Developments 101
10.1.5 SWOT Analysis 101
10.1.6 Key Strategy 102
10.2 Ceres Global Ag Corp. 103
10.2.1 Company Overview 103
10.2.2 Financial Overview 103
10.2.3 Products Offerings 104
10.2.4 Key Development 104
10.2.5 SWOT Analysis 104
10.2.6 Key Strategy 104
10.3 George F. Brocke & Sons Inc. 105
10.3.1 Company Overview 105
10.3.2 Financial Overview 105
10.3.3 Products Offerings 105
10.3.4 Key Developments 105
10.3.5 SWOT Analysis 105
10.3.6 Key Strategy 106
10.4 Great Northern AG. 107
10.4.1 Company Overview 107
10.4.2 Financial Overview 107
10.4.3 Products Offerings 107
10.4.4 Key Development 107
10.4.5 SWOT Analysis 108
10.4.6 Key Strategy 108
10.5 Columbia Grain International, LLC 109
10.5.1 Company Overview 109
10.5.2 Financial Overview 109
10.5.3 Products Offerings 109
10.5.4 Key Developments 109
10.5.5 Key Strategy 109
10.6 Crites Seed Inc. 110
10.6.1 Company Overview 110
10.6.2 Financial Overview 110
10.6.3 Products Offerings 110
10.6.4 Key Development 110
10.6.5 Key Strategy 110
10.7 Palouse Brand 111
10.7.1 Company Overview 111
10.7.2 Financial Overview 111
10.7.3 Products Offerings 111
10.7.4 Key Developments 111
10.7.5 Key Strategy 111
11 Conclusion
11.1 Key Findings 113
12 List of Tables
TABLE 1 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY REGION, 2020-2027 (USD MILLION) 13
TABLE 2 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY REGION, 2020-2027 (“000” TONS) 13
TABLE 3 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 14
TABLE 4 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 14
TABLE 5 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 15
TABLE 6 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 15
TABLE 7 LIST OF ASSUMPTIONS 18
TABLE 8 GLOBAL FIELD PEAS MARKET FOR PET FOOD (PEAS), BY REGION, 2020-2027 (USD MILLION) 39
TABLE 9 GLOBAL FIELD PEAS MARKET FOR PET FOOD (PEAS), BY REGION, 2020-2027 (“000” TONS) 39
TABLE 10 GLOBAL FIELD PEAS MARKET FOR PET FOOD (CHICKPEAS), BY REGION, 2020-2027 (USD MILLION) 40
TABLE 11 GLOBAL FIELD PEAS MARKET FOR PET FOOD (CHICKPEAS), BY REGION, 2020-2027 (“000” TONS) 40
TABLE 12 GLOBAL FIELD PEAS MARKET FOR PET FOOD (OTHERS), BY REGION, 2020-2027 (USD MILLION) 41
TABLE 13 GLOBAL FIELD PEAS MARKET FOR PET FOOD (OTHERS), BY REGION, 2020-2027 (“000” TONS) 41
TABLE 14 GLOBAL FIELD PEAS MARKET FOR PET FOOD (DOG FOOD), BY REGION, 2020-2027 (USD MILLION) 43
TABLE 15 GLOBAL FIELD PEAS MARKET FOR PET FOOD (DOG FOOD), BY REGION, 2020-2027 (“000” TONS) 44
TABLE 16 GLOBAL FIELD PEAS MARKET FOR PET FOOD (CAT FOOD), BY REGION, 2020-2027 (USD MILLION) 44
TABLE 17 GLOBAL FIELD PEAS MARKET FOR PET FOOD (CAT FOOD), BY REGION, 2020-2027 (“000” TONS) 45
TABLE 18 GLOBAL FIELD PEAS MARKET FOR PET FOOD (OTHERS), BY REGION, 2020-2027 (USD MILLION) 45
TABLE 19 GLOBAL FIELD PEAS MARKET FOR PET FOOD (OTHERS), BY REGION, 2020-2027 (“000” TONS) 46
TABLE 20 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (USD MILLION) 49
TABLE 21 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (“000” TONS) 50
TABLE 22 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 50
TABLE 23 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 50
TABLE 24 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 51
TABLE 25 NORTH AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 51
TABLE 26 U.S.: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 52
TABLE 27 U.S.: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 52
TABLE 28 U.S.: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 53
TABLE 29 U.S.: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 53
TABLE 30 CANADA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 54
TABLE 31 CANADA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 54
TABLE 32 CANADA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 55
TABLE 33 CANADA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 55
TABLE 34 MEXICO: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 56
TABLE 35 MEXICO: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 56
TABLE 36 MEXICO: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 57
TABLE 37 MEXICO: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 57
TABLE 38 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (USD MILLION) 58
TABLE 39 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (“000” TONS) 59
TABLE 40 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 59
TABLE 41 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 60
TABLE 42 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 60
TABLE 43 EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 60
TABLE 44 U.K: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 61
TABLE 45 U.K: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 61
TABLE 46 U.K: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 62
TABLE 47 U.K: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 62
TABLE 48 GERMANY: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 63
TABLE 49 GERMANY: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 63
TABLE 50 GERMANY: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 64
TABLE 51 GERMANY: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 64
TABLE 52 FRANCE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 65
TABLE 53 FRANCE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 65
TABLE 54 FRANCE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 66
TABLE 55 FRANCE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 66
TABLE 56 ITALY: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 67
TABLE 57 ITALY: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 67
TABLE 58 ITALY: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 68
TABLE 59 ITALY: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 68
TABLE 60 SPAIN: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 69
TABLE 61 SPAIN: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 69
TABLE 62 SPAIN: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 70
TABLE 63 SPAIN: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 70
TABLE 64 REST OF EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 71
TABLE 65 REST OF EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 71
TABLE 66 REST OF EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 72
TABLE 67 REST OF EUROPE: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 72
TABLE 68 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (USD MILLION) 73
TABLE 69 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY, 2020-2027 (“000” TONS) 74
TABLE 70 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 74
TABLE 71 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 75
TABLE 72 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 75
TABLE 73 ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 75
TABLE 74 CHINA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 76
TABLE 75 CHINA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 76
TABLE 76 CHINA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 77
TABLE 77 CHINA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 77
TABLE 78 INDIA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 78
TABLE 79 INDIA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 78
TABLE 80 INDIA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 79
TABLE 81 INDIA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 79
TABLE 82 JAPAN: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 80
TABLE 83 JAPAN: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 80
TABLE 84 JAPAN: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 81
TABLE 85 JAPAN: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 81
TABLE 86 AUSTRALIA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 82
TABLE 87 AUSTRALIA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 82
TABLE 88 AUSTRALIA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 83
TABLE 89 AUSTRALIA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 83
TABLE 90 REST OF ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 84
TABLE 91 REST OF ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 84
TABLE 92 REST OF ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 85
TABLE 93 REST OF ASIA PACIFIC: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 85
TABLE 94 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY REGION, 2020-2027 (USD MILLION) 86
TABLE 95 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY REGION, 2020-2027 (“000” TONS) 87
TABLE 96 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 87
TABLE 97 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 87
TABLE 98 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 88
TABLE 99 REST OF THE WORLD: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 88
TABLE 100 LATIN AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 89
TABLE 101 LATIN AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 89
TABLE 102 LATIN AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 90
TABLE 103 LATIN AMERICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 90
TABLE 104 MIDDLE EAST: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 91
TABLE 105 MIDDLE EAST: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 91
TABLE 106 MIDDLE EAST: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 92
TABLE 107 MIDDLE EAST: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 92
TABLE 108 AFRICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (USD MILLION) 93
TABLE 109 AFRICA: FIELD PEAS MARKET FOR PET FOOD, BY TYPE, 2020-2027 (“000” TONS) 93
TABLE 110 AFRICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (USD MILLION) 94
TABLE 111 AFRICA: FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION, 2020-2027 (“000” TONS) 94
TABLE 112 COMPETIVE LANDSCAPING: GLOBAL FIELD PEAS MARKET FOR PET FOOD MARKET: BY STRATEGY (2020-2027) 97
13 List of Tables
FIGURE 1 GLOBAL FIELD PEAS MARKET FOR PET FOOD SHARE (%), BY REGION (2020 & 2027) 13
FIGURE 2 GLOBAL FIELD PEAS MARKET FOR PET FOOD SHARE (%), BY TYPE (2020 & 2027) 14
FIGURE 3 GLOBAL FIELD PEAS MARKET FOR PET FOOD SHARE (%), BY APPLICATION (2020 & 2027) 15
FIGURE 4 GLOBAL FIELD PEAS MARKET FOR PET FOOD: MARKET STRUCTURE 18
FIGURE 5 KEY TAKEAWAYS OF THE FIELD PEAS MARKET FOR PET FOOD 19
FIGURE 6 KEY BUYING CRITERIA OF FIELD PEAS MARKET FOR PET FOOD 19
FIGURE 7 RESEARCH PROCESS OF MRFR 21
FIGURE 8 TOP DOWN & BOTTOM-UP APPROACH 24
FIGURE 9 MARKET DYNAMICS OF GLOBAL FIELD PEAS MARKET FOR PET FOOD 26
FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL FIELD PEAS MARKET FOR PET FOOD 28
FIGURE 11 RESTRAINTS IMPACT ANALYSIS: FIELD PEAS MARKET FOR PET FOOD 29
FIGURE 12 VALUE CHAIN ANALYSIS: FIELD PEAS MARKET FOR PET FOOD 32
FIGURE 13 SUPPLY CHAIN ANALYSIS: FIELD PEAS MARKET FOR PET FOOD 33
FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL FIELD PEAS MARKET FOR PET FOOD 34
FIGURE 15 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY TYPE 2020 & 2027 (USD MILLION) 38
FIGURE 16 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY APPLICATION 2020 & 2027 (USD MILLION) 43
FIGURE 17 GLOBAL FIELD PEAS MARKET FOR PET FOOD, BY REGION 2020 & 2027 (USD MILLION) 48
FIGURE 18 NORTH AMERICA FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY 2020 & 2027 (USD MILLION) 49
FIGURE 19 EUROPE FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY 2020 & 2027 (USD MILLION) 58
FIGURE 20 ASIA PACIFIC FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY 2020 & 2027 (USD MILLION) 73
FIGURE 21 REST OF THE WORLD FIELD PEAS MARKET FOR PET FOOD, BY COUNTRY 2020 & 2027 (USD MILLION) 86
FIGURE 22 GLOBAL FIELD PEAS MARKET FOR PET FOOD: MAJOR PLAYER MARKET DEVELOPMENT SHARE 2020-2027 96
FIGURE 23 GLOBAL FIELD PEAS MARKET FOR PET FOOD MARKET: STRATEGY ANALYSIS 97
FIGURE 24 GLOBAL FIELD PEAS MARKET FOR PET FOOD: MARKET DEVELOPMENT (2020-2027) 98
Continuous product innovation in the pet food has resulted to increase the usage of field peas in the production process of pet food
Major key players listed in the global field peas market for pet food include AGT Food and Ingredients Inc. (Canada), Ceres Global Ag Corp. (US), George F. Brocke & Sons Inc. (US), Great Northern AG. (US), Columbia Grain International, LLC (Oregon), and among others. North America is the attractive regions among the manufacturers of field peas. North America region has accounted for 31.00% of market proportion in the year of 2018 and it is projected to expand at a moderate growth during the forecast period of 2018-2024. Expanding product portfolio of field peas by the key manufacturers is one of the significant factors for the rising growth of the market in North America region. Moreover, increasing pet humanization in North American countries, especially in the U.S. is expected to fuel the growth of field peas during the forecast period of 2018-2024. Rising popularity of grain-free pet food products is considered to be one of the major factors for the increasing growth of the market. Private labels stores are focusing on unique product portfolio which is expected to enhance the growth of field peas market in pet food.
Major manufacturers also are found to have high focus on expansion in order to tap all markets across the globe with the support of strategic distribution agreement which will further support the company to expand and reach out to consumers across the regions. Promotional activities and high investment in joint ventures is also witnessed in this market through which the companies are trying to increase its visibility and impact on the consumer’s mind than that of their competitors.
AGT Food and Ingredients are the suppliers of value-added pulses, staple food, and food ingredients in the world. They buy lentils, peas, beans and chickpeas from farmers around 40+ facilities located in Canada, the United States, Turkey, Australia, China and South Africa and ship their products to over 120 countries around the globe. In March 2016, the company announced its fourth manufacturing facility. In October 2015, the company completed the acquisition of Mobil Capital Holdings Ltd. (Mobil) and its subsidiaries for $57.5 million.
Ceres Global as a company primarily operates into agriculture and commodity logistics. The company is involved in the grain storage, procurement, and merchandising of specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through six grain storage and handling facilities based in Minnesota, Saskatchewan, as well as Ontario. The company also owns commodities logistics centre, a grain, oil, natural gas liquids, and fertilizer terminal. In May 2018, the company announced that it would jointly own and operate with Consolidated Grain and Barge Co. ("CGB") and form a new company named as Savage Riverport, LLC. The purpose of partnership is to buy, store and ship wheat, corn, soybeans, oats, rye and other products loaded on the TCWR, BNSF, UP and CP railroads, as well as receive truck grain.
George F. Brocke & Sons started initially with processing facilities for small seeds and grass seeds. It then expanded the product line into peas, lentils, rapeseed and garbanzo beans. The company currently has four processing facilities in Kendrick and storage facilities in Kendrick, Juliaetta, Southwick, Troy, Viola and Kennedy Ford Idaho. Peas, lentils, rapeseed and garbanzo beans are presently shipped all over the United States and to nearly every continent in the world, shipping to 51 different ports in 38 different countries. The company majorly emphasize on increasing the product offerings for which it is highly involved in R&D activities. Moreover, the company is continuously focusing on product innovations. Additionally, owing to increasing demand for its products, the company is undergoing production expansions by increasing the capacity of its plant. It is also looking for opportunities to attain geographical expansion both domestically and internationally.
Other major manufacturers include Crites Seed Inc. (Russia), Palouse Brand (US). These companies are focusing on strategic product launch in order to gain the consumer’s acceptance. Moreover, manufacturers are inclined towards the innovative product promotions to strengthen the customer base both in developed and developing economies.