Pigeon Pea Market 2023: Industry Insight, Drivers, Trends, Global Analysis and Forecast by 2028

The latest report by IMARC Group titled, “Pigeon Pea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on pigeon pea market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global pigeon pea market size reached 14.6 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 25.9 Million Tons by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028.

Pigeon pea, scientifically known as Cajanus cajan, is a leguminous crop that is widely cultivated for its nutritious seeds. Also referred to as “arhar dal” or “toor dal,” pigeon pea is a significant source of protein and other essential nutrients, making it an essential staple food in many regions across the globe. Pigeon pea plants are hardy and well-adapted to diverse climatic conditions, making them a suitable crop for cultivation in both tropical and subtropical regions. The crop is characterized by its tall, upright bushes and attractive yellow flowers, which eventually give rise to the pea pods containing the mature seeds.

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Market Trends:

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The global pigeon pea market is witnessing robust growth driven by an increasing demand for plant-based protein sources. This can be attributed to the growing awareness about the health benefits of a balanced diet and the rising preference for vegetarian and vegan lifestyles. Pigeon pea serves as an excellent alternative to animal-based proteins, as it is rich in amino acids and offers a sustainable protein source for a growing global population. Additionally, the rising prominence of ethnic cuisines and the growing popularity of traditional dishes in various parts of the world have contributed to the increasing consumption of pigeon pea. This trend is further fueled by the globalization of food culture and the availability of pigeon pea-based products in international markets. Furthermore, the versatility of pigeon pea, with its applications in soups, stews, curries, and even snacks, has expanded its appeal among consumers seeking diverse culinary experiences. Moreover, the nutritional benefits associated with pigeon pea, including its high fiber content, low glycemic index, and beneficial micronutrients, have positioned it as a healthy and nutritious choice for health-conscious individuals. As a result, the global pigeon pea market is experiencing steady growth and is expected to continue its upward trajectory in the foreseeable future.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/prefeasibility-report-pigeon-pea-processing-plant

Pigeon Pea Market Segmentation:

Our report has categorized the market based on region.

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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