| Product Code: ETC409403 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Singapore black-eyed pea import trend experienced a -0.5% growth rate from 2023 to 2024, with a compound annual growth rate (CAGR) of -21.29% from 2020 to 2024. This decline could be attributed to shifting consumer preferences or changes in trade policies impacting market stability.
The Singapore black-eyed pea market serves consumers seeking this nutritious and versatile legume. Black-eyed peas are valued for their use in various culinary applications. Market dynamics are influenced by responsible sourcing, sustainability efforts, and maintaining product quality to meet consumer preferences for high-quality black-eyed peas.
The growth of the Singapore black-eyed pea market is driven by factors such as culinary diversity, vegetarian diets, and plant-based protein sources. Black-eyed peas are valued for their versatility in various cuisines, particularly vegetarian and vegan dishes. Growth drivers encompass the demand for plant-based protein options, innovations in food processing, and applications in households, vegetarian restaurants, and plant-based diets. As vegetarianism and plant-based diets gain popularity, the black-eyed pea market is expected to grow, providing essential ingredients for diverse culinary creations.
The black-eyed pea market in Singapore encounters challenges concerning black-eyed pea sourcing, culinary traditions, and consumer preferences. Black-eyed peas are used in various cuisines, and ensuring their quality and safety is vital. Managing black-eyed pea sourcing, addressing concerns about legume quality, and meeting consumer preferences for traditional and nutritious ingredients are key challenges for market development.
The black-eyed pea market in Singapore demonstrated adaptability during the COVID-19 pandemic. With changes in consumer preferences and a growing interest in plant-based protein sources, the market adjusted to evolving demand for black-eyed peas. Suppliers of black-eyed peas adapted by expanding product offerings and emphasizing their nutritional benefits. The pandemic underscored the importance of versatile and protein-rich food options, influencing market strategies.
Companies such as Fortune Food and Sin Hwa Dee Foodstuff Industries are key players in the Singapore black-eyed pea market. They offer black-eyed pea products to meet the preferences of consumers seeking this legume for various culinary preparations.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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