Kaspa peas are a type of legumes belonging to the same sub-species as green peas. They are a great source of protein, fibre and potassium. Moreover, the folate and iron found in kaspa peas help in preventing anaemia and maintaining over-all health. They are a popular snack in the South Indian region as a result of their nutritional value and pleasing taste. Kaspa peas, along with other legumes provide a cheap source of nourishment in the developing countries, especially in the South Asian region. According to IMARC Group, the global kaspa peas market reached a volume of around 12.2 Million Tons in 2017, growing at a CAGR of around 2% during 2010-2017. The global kaspa peas market is showing a continuous growth driven by their ease of harvest, pod shatter resistance, high yield potential, expanding food industry and increasing population in the developing regions.
IMARC’s latest study “Kaspa Peas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” has segmented the global kaspa peas market on the basis of region. According to the report, Canada currently represents the largest producer of kaspa peas, accounting for around 30% of the total global production in 2017. Canada was followed by China, Russia, USA, India, France, Ukraine, Ethiopia, Australia and Germany. India, on the other hand, represents the biggest importer of kaspa peas accounting for around 40% of the total global import. India was followed by China, Bangladesh, USA, Pakistan, Belgium, Germany, Italy and UAE. The report also provides a detailed value chain analysis of kaspa peas. This encompasses the entire activities in the value chain such as cultivation, procurement, processing, sales and distribution.
The report provides a detailed roadmap for setting up a kaspa peas processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the kaspa peas industry. This ranges from a comprehensive view of the market to minute details of the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the kaspa peas industry in any manner.
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