03 May Global Pigeon Peas Market 2017 : An Overview
Huskless split pigeon peas or Toor Dal are perennial legumes. It is, in fact, a common food grain used widely in Asia, Africa, and Latin America. They are cultivated in tropical and semitropical regions of the world as sole or as intermixed crop with cereals. Pigeon Pea market is on a boom owing to a plenty of factors with some of them being:
High Demand for Processed Products,
Advanced Hybrid Seed Production,
Demand from health-conscious consumers, etc.
Pigeon Peas Market: An Eagle Eye View The market revenue of pigeon peas is expected to grow at a rapid growth rate and perform well owing to the government initiative of controlling the price war and improving the quality of the crop. As pigeon peas are packed with protein and amino acid, they are also preferred by a many health conscious consumers. The ‘form’ category is expected to grow at the highest CAGR over the forecasted period. This is attributed to the very long shelf life of frozen, dried, canned and fresh pigeon peas.
Region-Wise Pigeon Pea Market The entire pigeon pea market is bifurcated into seven geographic regions. They are North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and Middle East & Africa. North America is the dominator in the pigeon pea market. Next in line is Europe and Japan due to the presence of advanced processing technology, high demand for flavored food, favorable climate condition, etc. Interestingly, India accounts for 82% of pigeon pea production followed by Indian subcontinent, Eastern & South Africa, and Latin America.
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