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Kaspa Peas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 146 pages | ID: KC830AF155DEN
IMARC Group

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Market Overview:

The global kaspa peas market size reached 24.7 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 38.1 Million Tons by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.

Kaspa peas are a high yielding semi-leafless dun-type field pea belonging to the same sub-species as green peas. They consist of various digestible nutrients, which make them excellent for human consumption and livestock feed. Kaspa peas are suitable for cultivation in areas receiving more than 400mm of average annual rainfall. Also, these peas are easier to harvest than trailing-type varieties as their pods are held above the ground level even when the crop lodges. They have shatter-resistance pods which help in reducing grain loss if harvesting is delayed or even poor conditions exist at the time of crop maturity. Nowadays, many split pea processing companies prefer uniform and round dun peas due to their higher splitting efficiency.

Increasing health consciousness among consumers is one of the key factors driving the market growth. Kaspa peas are a rich source of proteins, fibers, iron, folate and potassium. The high amounts of nutrients present in these peas offer various health benefits to consumers. The iron found in kaspa peas prevents chances of anemia and promotes healthy blood hemoglobin levels. On the other hand, dietary fibers play an essential role in improving digestion and lowering blood cholesterol levels. These peas, along with other legumes, offer a cheap source of nourishment, especially in the South Asian region. As a result, they serve as a popular snack in several South Asian countries, including the southern belt of India. Moreover, the increasing population and the expanding food sector, particularly in the developing regions, are also creating a positive impact on the industry. The introduction of new varieties of field peas targeting niche and specialty markets are providing vast opportunities to the existing players in the industry, thus further driving the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global kaspa peas market report, along with forecasts at the global and country level from 2023-2028.

Regional Insights:

Canada
China
Russia
United States
India
Others

On the geographical front, Canada represents the largest producer of kaspa peas, accounting for nearly a third of the total global production.

Competitive Landscape:
The competitive landscape of the market has also been analyzed in the report, covering the detailed profiles of the numerous small and large manufacturers who compete in terms of prices and quality.

Key Questions Answered in This Report:

How has the global kaspa peas market performed so far and how will it perform in the coming years?
Who are the key regional producers?
What has been the impact of COVID-19 on the global kaspa peas market?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the industry and who are the key players?
What is the degree of competition in the industry?
What are the profit margins in the industry?
What are the key requirements for setting up a kaspa peas processing plant?
How are kaspa peas processed?
What are the various unit operations involved in a kaspa peas processing plant?
What is the total size of land required for setting up a kaspa peas processing plant?
What are the machinery requirements for setting up a kaspa peas processing plant?
What are the raw material requirements for setting up a kaspa peas processing plant?
What are the packaging requirements for kaspa peas?
What are the transportation requirements for kaspa peas?
What are the utility requirements for setting up a kaspa peas processing plant?
What are the manpower requirements for setting up a kaspa peas processing plant?
What are the infrastructure costs for setting up a kaspa peas processing plant?
What are the capital costs for setting up a kaspa peas processing plant?
What are the operating costs for setting up a kaspa peas processing plant?
What will be the income and expenditures for a kaspa peas processing plant?
What is the time required to break-even?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL KASPA PEAS INDUSTRY

5.1Market Overview
5.2Market Performance
  5.2.1 Volume Trends
  5.2.2 Value Trends
5.3Impact of COVID-19
5.4Price Analysis
  5.4.1 Key Price Indicators
  5.4.2 Price Structure
  5.4.3 Price Trends
5.5Market Breakup by Region
5.6Market Forecast
5.7Imports and Exports
5.8SWOT Analysis
  5.8.1 Overview
  5.8.2 Strengths
  5.8.3 Weaknesses
  5.8.4 Opportunities
  5.8.5 Threats
5.9Value Chain Analysis
  5.9.1 Input Suppliers
  5.9.2 Farmers
  5.9.3 Collectors
  5.9.4 Processors
  5.9.5 Distributors
  5.9.6 Exporters
  5.9.7 Retailers
  5.9.8 End-Users
5.10Porter’s Five Forces Analysis
  5.10.1 Overview
  5.10.2 Bargaining Power of Buyers
  5.10.3 Bargaining Power of Suppliers
  5.10.4 Degree of Competition
  5.10.5 Threat of New Entrants
  5.10.6 Threat of Substitutes
5.11Key Market Drivers and Success Factors

6 PERFORMANCE OF KEY REGIONS

6.1Canada
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2China
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3Russia
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4United States
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5India
  6.5.1 Market Trends
  6.5.2 Market Forecast
6.6Others
  6.6.1 Market Trends
  6.6.2 Market Forecast

7 COMPETITIVE STRUCTURE

8 KASPA PEAS PROCESSING

8.1Product Overview
8.2Detailed Process Flow
8.3Various Types of Unit Operations Involved
8.4Mass Balance and Raw Material Requirements

9 PROJECT DETAILS, REQUIREMENTS AND COSTS INVOLVED

9.1Land Requirements and Expenditures
9.2Construction Requirements and Expenditures
9.3Plant Machinery
9.4Machinery Pictures
9.5Raw Material Requirements and Expenditures
9.6Raw Material and Final Product Pictures
9.7Packaging Requirements and Expenditures
9.8Transportation Requirements and Expenditures
9.9Utility Requirements and Expenditures
9.10 Manpower Requirements and Expenditures
9.11 Other Capital Investments

10 LOANS AND FINANCIAL ASSISTANCE

11 PROJECT ECONOMICS

11.1Capital Cost of the Project
11.2Techno-Economic Parameters
11.3Product Pricing and Margins Across Various Levels of the Supply Chain
11.4Taxation and Depreciation
11.5Income Projections
11.6Expenditure Projections
11.7Financial Analysis
11.8Profit Analysis

LIST OF TABLES

Table 1: Global: Kaspa Peas Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Kaspa Peas Market Forecast: Breakup by Region (in ‘000 Tons), 2023-2028
Table 3: Global: Kaspa Peas Market: Competitive Structure
Table 4: Global: Kaspa Peas Market: Export Data of Major Countries
Table 5: Global: Kaspa Peas Market: Import Data of Major Countries
Table 6: Kaspa Peas Processing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Kaspa Peas Processing Plant: Costs Related to Civil Works (in US$)
Table 8: Kaspa Peas Processing Plant: Costs Related to Machinery (in US$)
Table 9: Kaspa Peas Processing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 10: Kaspa Peas Processing Plant: Costs Related to Salaries and Wages (in US$)
Table 11: Kaspa Peas Processing Plant: Costs Related to Other Capital Investments (in US$)
Table 12: Details of Financial Assistance Offered by Financial Institutions
Table 13: Kaspa Peas Processing Plant: Capital Costs (in US$)
Table 14: Kaspa Peas Processing Plant: Techno-Economic Parameters
Table 15: Kaspa Peas Processing Plant: Taxation and Depreciation (in US$)
Table 16: Kaspa Peas Processing Plant: Income Projections (in US$)
Table 17: Kaspa Peas Processing Plant: Expenditure Projections (in US$)
Table 18: Kaspa Peas Processing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 19: Kaspa Peas Processing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 20: Kaspa Peas Processing Plant: Profit and Loss Account (in US$)

LIST OF FIGURES

Figure 1: Global: Kaspa Peas Market: Major Drivers and Challenges
Figure 2: Global: Kaspa Peas Market: Volume Trends (in Million Tons), 2017-2022
Figure 3: Global: Kaspa Peas Market: Value Trends (in Million US$), 2017-2022
Figure 4: Global: Kaspa Peas Market: Average Prices (in US$/Ton), 2017-2022
Figure 5: Kaspa Peas Market: Price Structure
Figure 6: Global: Kaspa Peas Market: Breakup by Region (in %), 2022
Figure 7: Global: Kaspa Peas Market Forecast: Volume Trends (in Million Tons), 2023-2028
Figure 8: Global: Kaspa Peas Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 9: Global: Kaspa Peas Market: Export Volume Trends (in Tons)
Figure 10: Global: Kaspa Peas Market: Breakup by Export Volume (in %)
Figure 11: Global: Kaspa Peas Market: Import Volume Trends (in Tons)
Figure 12: Global: Kaspa Peas Market: Breakup by Import Volume (in %)
Figure 13: Global: Kaspa Peas Industry: SWOT Analysis
Figure 14: Global: Kaspa Peas Industry: Value Chain Analysis
Figure 15: Global: Kaspa Peas Industry: Porter’s Five Forces Analysis
Figure 16: Canada: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 17: Canada: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 18: China: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 19: China: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 20: Russia: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 21: Russia: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 22: United States: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 23: United States: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 24: India: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 25: India: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 26: Others: Kaspa Peas Market (in ‘000 Tons), 2017 & 2022
Figure 27: Others: Kaspa Peas Market Forecast (in ‘000 Tons), 2023-2028
Figure 28: Kaspa Peas Processing: Detailed Process Flow
Figure 29: Kaspa Peas Processing: Conversion Rate of Feedstocks
Figure 30: Kaspa Peas Processing Plant: Breakup of Capital Costs (in %)
Figure 31: Kaspa Peas Industry: Profit Margins at Various Levels of the Supply Chain
Figure 32: Kaspa Peas Processing Plant: Manufacturing Cost Breakup (in %)


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