Pigeon Pea Market:Key Players
Pigeon Pea Market
Pigeon Pea Market: Global Industry Analysis and Opportunity Assessment 2017-2027
- Ongoing
- May 2020
- REP-GB-2979
-
This Pigeon Pea market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Pigeon Pea market.
Pigeon peas are the edible seeds belonging to legume or leguminosae family. It is a perennial plant used extensively for animal feed and for developing pulses. Pigeon pea is also known as cajanus cajan.It provides quality protein and improves soil structure. There are four varieties of pigeon peas namely tall varieties, tree types, dwarf varieties, and smaller bushes. Pigeon pea is one of the essential legume crops originated in South Asia and are now growing in tropical and sub-tropical regions. Moreover, the largest pigeon peas producing regions are India, Latin America, and Eastern Africa. Pigeon pea contains high level of nutritional elements such as calories, carbohydrates, vitamins, proteins, and amino acids. Pigeon pea enriches soil fertilizer through symbiotic nitrogen fixation and allows farmers to have a valuable organic product and micronutrients. Pigeon pea is also used as a green manure, cover crop, intercrop and much more in various farming systems.
Pigeon Pea Market:Drivers and Restraints
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
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Pigeon pea market is witnessing maximum growth owing to the low price of pigeon pea, long storage ease, rising demand for processed products, advanced hybrid seed production technology, enhanced production capacity, and logistical infrastructure. Moreover, consumers are increasingly become health & nutrition conscious, government initiatives for farmers welfare, and increasing government investment towards agriculture sector are some of the other factors that can boost the demand for pigeon pea over the forecast period. However, seasonal changing pattern, substitutes to pigeon pea, unorganized sector, price fluctuation, high-quality standards, and the threat from pathogens such as fusarium wilt disease, & pests that attack crops are the foremost production constraints which may further hamper the growth of pigeon pea market in near future.
Pigeon Pea Market:Segmentation
The pigeon pea market has been classified on the basis of the price range, form and distribution channel.
Pigeon Pea Market:Overview
Pigeon pea market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to the government initiatives to control the price war of pulses & improve crop quality.Rising demand for pigeon pea enables farmers to purchase more farm animals and diversify pigeon pea production thus increasing profit and spread risk. Moreover, pigeon pea contains high protein level & amino acids, improves soil fertility along with consumed in a variety of forms and contains some medicinal value to overcome stomach problems.These are some of the factors that can accelerate the market revenue growth of pigeon pea during the forecast period. Based on form, frozen is anticipated to grow at the highest CAGR over the forecast period This is attributed to the changing lifestyle and busy schedule of the consumers which allow manufacturers to offer pulses that have long term storage capacity.
Pigeon Pea Market: Region-wise Outlook
Some players of pigeon pea market are SYMAF Co Ltd., Sun Impex, Interamsa Agroindustrial SAC, A.B.agro Company, Arvind Limited, Akyurek Kardesler Ltd., Taj Foods, Pulses Splitting & Processing Industry Pvt Ltd and Unitex Tanzania Limited.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material, and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Based on price range, the pigeon pea market is segmented into the following:
- Premium
- Mid
- Low
Based on form, the pigeon pea market is segmented into the following:
- Frozen
- Dried
- Canned
- Fresh
Based on distribution channel, the pigeon pea market is segmented into the following:
- Supermarket/hypermarket
- Independent Grocery Stores
- Online/e-Commerce
- Others
Depending on the geographic region, pigeon pea market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific, and Middle East & Africa. North America dominates the pigeon pea marketfollowed by Europe and Japan owing to advanced technology, high demand for flavored food, establishes R&D facilities and favorable climate conditions in these regions. Moreover, India is the largest producer of pigeon pea accounted for 82% of overall pigeon pea production worldwide followed by Indian subcontinent, Eastern & South Africa, and Latin America. Asia Pacific holds huge potential and shows substantial growth in terms of increasing focus towards dietary food habits among consumers, developing logistical infrastructure, expanding import demand for pigeon pea, rising per capita spending on processed pulses.Moreover, early mature pigeon pea varieties in these region allow farmers to reduce costs and enhance their footprints in expanding markets.
Pigeon Pea Market:Key Players
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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What will you discover from Pigeon Pea Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Pigeon Pea Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Pigeon Pea Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Pigeon Pea Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
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