Pea Fiber Industry Analysis in Middle East & Africa
Study on Pea Fiber in Middle East & Africa by Food Grade and Feed Grade for Bakery, Vegan Meat Substitutes, Soups & Sauces, Beverages, and Animal Food from 2024 to 2034
Analysis of Pea Fiber Industry Covering Countries Include Analysis of Turkey, Northern Africa, South Africa, and Rest of South Asia
Pea Fiber Sales Outlook for Middle East & Africa (2024 to 2034)
Pea fiber sales in the Middle East & Africa are projected to be valued at US$ 341.9 million in 2024 and are forecasted to increase at 5.7% CAGR from 2024 to 2034. The market in the Middle East & Africa is expected to reach a size of US$ 600 million by the end of 2034.
The expanding vegan population in the Middle East & Africa is projected to be the prime factor driving the demand for pea fiber going forward. Increasing focus on sustainability is pushing people in the Middle East & Africa region to opt for pea fiber as it is more eco-friendly and results in a reduction of greenhouse gases to a certain extent. Improving living standards and evolving consumer preferences in the MEA region are also estimated to augment pea fiber consumption over the next ten years.
- Use of pea fiber to create vegan meat substitutes in the Middle East & Africa is forecasted to increase at 6.9% CAGR through 2034.
- 762.1 tons of pea fiber is estimated to be consumed in the Middle East & Africa in 2024.
| Report Attributes | Details |
|---|---|
| Pea Fiber Sales in Middle East & Africa (2024E) | US$ 341.9 Million |
| Projected Sales (2034F) | US$ 600 Million |
| Demand Growth (2024 to 2034) | 5.7% CAGR |
| Sales in Rest of MEA (2024E) | US$ 53.1 Million |
| Demand Growth in South Africa (2024 to 2034) | 5.2% CAGR |
| Conventional Pea Fiber Sales (2024E) | US$ 321.2 Million |
| Market Share of Bakery Applications (2024E) | 24.8% |
| Sales in Australia (2024E) | US$ 320.7 Million |
| Key Companies Profiled |
|
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Where is the Veganism Trend Set to Influence Pea Fiber Consumption?
“United Arab Emirates Predicted to Offer Lucrative Growth Scope”
The United Arab Emirates has emerged as one of the most popular tourist hotspots in the Middle East if not the world. With the country hosting tourists from all over the world, the trend of veganism has also had an effect on the food culture in the UAE. Increasing establishment of new vegan restaurants and the rising number of vegan people in the country are projected to create new opportunities for pea fiber suppliers in the MEA region over the next ten years and beyond. Growing popularity of organic and clean label trends in the United Arab Emirates is also estimated to uplift pea fiber sales across the study period.
- Organic pea fiber shipments are set to reach a revenue of US$ 20.7 million in 2024.
- Demand for pea fiber in the rest of MEA is predicted to increase at 4.8% CAGR from 2024 to 2034.
Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study on pea fiber by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
Turkey, the United Arab Emirates, South Africa, and North African countries are estimated to provide highly attractive business opportunities for pea fiber vendors in the future as the adoption of plant-based and vegan diets increases in the MEA region.
Why are Pea Fiber Suppliers Focussed on Turkey?
“Increasing Adoption of Veganism among Turkish People”
| Attribute | Turkey |
|---|---|
| Market Value (2024E) | US$ 102 Million |
| Growth Rate (2024 to 2034) | 6.3% CAGR |
| Projected Value (2034F) | US$ 189 Million |
For a country that’s famous for its meat delicacies, Turkey sure surprises when the number of people preferring vegan and vegetarian food in the country rises. The growing availability of vegan food alternatives and rising awareness regarding the benefits of plant-based diets are set to uplift the demand for pea fiber in the country across the study period. The increasing establishment of vegan food joints in Turkey is also forecasted to bolster pea fiber shipments through 2034.
What’s Attracting Pea Fiber Companies to Northern Africa?
“Growing Demand for Alternative and Plant-based Protein Sources”
| Attribute | Northern Africa |
|---|---|
| Market Value (2024E) | US$ 144.7 Million |
| Growth Rate (2024 to 2034) | 5.7% CAGR |
| Projected Value (2034F) | US$ 253.1 Million |
Northern African countries are constantly in search of new protein alternatives to serve their population, which is often subjected to malnutrition due to scarcity of food and bad economic conditions of these countries. Peas are a good and inexpensive source of fiber and protein, which is why their demand in the forms of pea protein, pea fiber, and pea-based supplements is predicted to rise in North African countries going forward.
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Category-wise Insights
Pea fiber manufacturers in the Middle East & Africa are focusing on expanding the production of food-grade pea fiber and utilizing outer hull fiber for most applications.
Why is Outer Pea Hull Fiber Preferred in MEA?
“Low Cost of Outer Hull Fiber Driving its Demand in the Region”
| Attribute | Outer Hull Fiber |
|---|---|
| Segment Value (2024E) | US$ 288.6 Million |
| Growth Rate (2024 to 2034) | 5.9% CAGR |
| Projected Value (2034F) | US$ 512.5 Million |
Cost of extraction and processing of the outer hull fiber of peas is much less compared to inner hull fiber thereby resulting in a final product that is affordable and accessible to all people in the Middle East & Africa. Better durability, texture, and moisture resistance of outer hull fiber are also characteristics that are estimated to promote growth in this segment in the MEA region through 2034.
Which Grade Pea Fiber is Highly Sought After?
“Food Grade Pea Fiber Projected to Bring in High Profits for Companies”
| Attribute | Food Grade |
|---|---|
| Segment Value (2024E) | US$ 206.7Million |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 348 Million |
Rising popularity of veganism and the growing adoption of plant-based diets by people in the Middle East & African region are forecasted to boost demand for pea fiber and other plant-based products in the future. Surging consumption of pea protein and high use of pea fiber in different dietary supplements in this region are also estimated to benefit sales of food-grade pea fiber over the next ten years.
Analysts’ Opinion
Pea fiber manufacturers in the Middle East & Africa should focus on optimizing the production costs to increase their profit margins as demand for plant-based fiber is limited in this region. Pea fiber suppliers should opt for customized strategies and partner with different vegan and plant-based food manufacturers to maximize their business potential and boost revenue generation in the long run. Incorporation of pea fiber in traditional recipes of the MEA region could also possibly create new opportunities for pea fiber companies over the coming years.
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Segmentation of Pea Fiber Study in Middle East & Africa
-
By Type :
- Inner Hull Fiber
- Outer Hull Fiber
-
By Source :
- Organic
- Conventional
-
By Grade :
- Food Grade
- Feed Grade
-
By Application :
- Bakery
- Vegan Meat Substitutes
- Soups & Sauces
- Beverages
- Animal Foods
- Other Applications
-
By Country :
- Turkey
- Northern Africa
- South Africa
- Rest of South Asia
- FAQs -
How much are pea fiber sales in the Middle East & Africa?
Pea fiber demand in the Middle East & Africa is estimated to reach a value of US$ 341.9 million in 2024.
What is the projected sales revenue for 2034?
Consumption of pea fiber is set to bring in a revenue of US$ 600 million by the end of 2034.
At what pace will the sales of pea fiber rise in MEA?
Sales of pea fiber are forecasted to increase at 5.7% CAGR from 2024 to 2034.
How fast will pea fiber demand rise in Turkey?
Pea fiber sales in Turkey are predicted to rise at 6.3% CAGR over the next ten years.
Who are the leading pea fiber manufacturers in the region?
Roquette Freres SA, A&B Ingredients Inc., Emsland Group, Cosucra, and Vestkorn Milling AS are key pea fiber companies in MEA.
Pea Fiber Industry Analysis in Middle East & Africa
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