What is Cowpeas Market?
Cowpeas are the annual herbaceous legume from the genus Vigna. It is an important crop in the semiarid regions across Africa and Asia. It requires very few inputs, as the plant's root nodules are able to fix atmospheric nitrogen, making it a valuable crop for resource-poor farmers and well-suited to intercropping with other crops. The whole plant is used as forage for animals, with its use as cattle feed likely responsible for its name. The Cowpeas were domesticated in Africa and are one of the oldest crops to be farmed.
The market study is being classified, by Application (Animal Feed and Vegetable) and major geographies with country level break-up.
Natureland Organics (India), Organic Tattva (India), Elworld (India), BRS Tumucumaque (Brazil), BRS Xiquexique (Brazil), BRS AracÍ (Brazil) and Ancient Wisdom (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Brazil Vendors will contribute to the maximum growth of Global Cowpeas market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Cowpeas market by Type, Application and Region.
On the basis of geography, the market of Cowpeas has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High nutritional content of cowpeas is fuelling the market growth
- Growing popularity of cowpeas
- Growing Usage of Cowpeas in Vegetable Systems and Sometimes in Tree Crops
- Fluctuations in Weather Conditions
- Increasing Disposable Income
- Growing Online Sales Channel
- Limited Number of Producers Available
Key Target AudienceProducers, Distributors, Government associations, Research organizations and Others
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