North America Peas Market Size

North America Peas Market Analysis

The North America Peas Market size is estimated at USD 3.46 billion in 2024, and is expected to reach USD 6.32 billion by 2029, growing at a CAGR of 12.80% during the forecast period (2024-2029).

• Peas are annual pulse legume crops consumed throughout North America and grown in cold climates. Peas are the second most valuable canned food after tomatoes in the United States. The region's economic and sustainable land base with a good transportation network makes it an ideal location to grow peas.
• According to the FAO, in the United States, the total area harvested for green peas accounted for 51,193 hectares in 2020, followed by 52,448 hectares in 2021. Rising adoption of frozen vegetable imports rose by 9% to USD 1.4 billion. Imports continued to garner ever-larger shares of domestic markets for frozen green peas in 2022.
• The demand for plant protein has gained traction in North America. North America accounted for the major global revenue share, dominating the pea protein industry. Consumption of high-protein food has increased rapidly in response to rising health consciousness. Consumers are driven to find nutrients in packaged food products, creating a significant market for pea protein powder and driving the region's pea market.
• North America is the world's largest producer and exporter of dried peas. Canada dominates the region's pea production and export market, with a volume of 2.2 million metric ton production in 2021, followed by the United States. The varieties of peas grown in the region are yellow, green, and Austrian winter peas. Yellow and green peas account for two-thirds of North American peas production.