Pigeon Pea Market Share, Growth Factors, Demand, Price Trends and Business Statistics 2022-2027

The latest report by IMARC Group titled, “Pigeon Pea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, 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 reached a volume of 13.3 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 23.6 Million Tons by 2027, exhibiting a CAGR of 9.51% during 2022-2027.

Pigeon pea refers to a tropical plant of the pea family, which is commonly grown as a food crop. It has a deep tap-root structure that enables it to collect water and other nutrients from the secondary soil profile for thriving during dry seasons. Pigeon pea is a rich source of vitamin B-6, folate, vitamin A, calcium, iron, etc. It aids in preventing and curing ailments, such as bronchitis, respiratory infections, pain, menstrual disorders, poisoning, piles, and swelling of internal organs. As this tropical plant is an ideal supplement for a protein-deficient diet, its consumption is increasing across the globe.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/prefeasibility-report-pigeon-pea-processing-plant/requestsample

Market Trends:

The widespread adoption of the product in animal feed, fuel wood, rearing lac insects, green manuring, soil conservation, and windbreaks is among the key elements stimulating the pigeon pea market. Moreover, the rising usage of this tropical plant, as it offers numerous health benefits, including boosting energy, building immunity, preventing anemia, treating inflammation, maintaining blood pressure, and strengthening the cardiovascular and digestive systems, is also propelling the market growth. Furthermore, the increasing utilization of the product as one of the most pivotal pulse crops for food and feed security in dry places, owing to its high drought resilience, is further fueling the global market. Apart from this, the perennial nature of pigeon peas enables farmers to take various harvests and use the surplus for trade in both local and international markets is acting as another significant growth-inducing factor. Additionally, the growing population, low prices, increasing imports, the inflating per capita income levels, and the easy availability of high storage facilities across the globe are anticipated to fuel the pigeon pea market over the forecasted period.

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:

  • India
  • Myanmar
  • Malawi
  • Kenya
  • Tanzania

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Browse Other Reports of IMARC Group:

Airborne ISR Market: https://www.imarcgroup.com/airborne-isr-market

Window Shutters Market: https://www.imarcgroup.com/window-shutters-market

Magnet Market: https://www.imarcgroup.com/magnet-market

Xylitol Market: https://www.imarcgroup.com/xylitol-market

Zeolite Market: https://www.imarcgroup.com/zeolite-market

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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