Forecast: Peas Market Size Volume in the US

As of 2023, the U.S. peas market stood at approximately 196.0 thousand metric tons. The forecast for the market volume from 2024 to 2028 shows a period of stability with minor fluctuations. The market is expected to grow minimally by 0.51% between 2023 and 2024, then rise to 197.0 thousand metric tons by 2025 and maintain this level through 2028. Over the five-year period, the average annual growth rate (CAGR) will be a modest 0.20%.

Future trends to watch for include:

  • Increased demand for plant-based proteins, driving moderate market growth.
  • Potential effects of climatic changes on cultivation areas could impact supply stability.
  • Advancements in agricultural technology may enhance yield and efficiency.

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