Pea Starch Market Forecasts to 2028 – Global Analysis By Form (Liquid, Powder), Grade (Industrial Grade, Food Grade, Feed Grade), Modification Method (Physical Modification, Chemical Modification) and By Geography
According to Stratistics MRC, the Global Pea Starch Market is accounted for $133.40 million in 2020 and is expected to reach $269.73 million by 2028 growing at a CAGR of 9.2% during the forecast period. Factors such as growing demand for gluten-free food products, increasing vegan population, and growing consumer awareness about nutritional benefits of pea are driving the growth of the market. However, availability of substitutes is hampering the growth of the market.
Pea starch is a non allergic starch derived from peas. It is a rich source of amylose and this unique feature gives it good thickening and gelling properties which are better than other commonly used starches.
Based on the function, the stabilizing & gelling segment is anticipated to expand at a rapid pace during the forecast period owing to the owing to the wide usage of the product in various food products as well as animal feed. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the growing demand for convenience foods in the region.
Some of the key players profiled in the Pea Starch Market include Ingredion Incorporated, Agridient B.V., Puris Foods, AGT Food And Ingredients, Nutri-Pea, Dakota Dry Bean, Roquette Frères, The Scoular Company, Emsland Group, Dutch Ingredient Company B.V., American Key Food Products, Parrheim Foods , Biostarch, Axiom Foods, Inc, Vestkorn Milling As, Cosucra Groupe Warcoing SA, Meelunie B.V., and Yantai Oriental Protein Tech Co., Ltd.
Estimated Market Size in 2020:
USD 133.40 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 269.73 million
Tables, Graphs & Figures
Form, Function, Grade, Source, Modification Method, Product, Application, and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Stabilizing & Gelling
• Binding & Thickening
• Film Forming
• Swelling & Solubility
• Enzymatic & Acidic Hydrolysis
• Industrial Grade
• Food Grade
• Feed Grade
Modification Methods Covered:
• Physical Modification
• Chemical Modification
• Food & Beverages
• Pet Food
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Pea Starch Market is majorly driven by growing demand for gluten-free food products, increasing vegan population, and growing consumer awareness about nutritional benefits of pea.
The organic segment is growing at a highest CAGR owing to the growing health consciousness among consumers.
Europe dominated with a significant market share due to the factors such as growing demand for gluten-free products and the ongoing trend of veganism.
Asia Pacific market is growing at a highest CAGR owing to the increasing demand for convenience foods in the region.
Key players in Pea Starch Market include Ingredion Incorporated, Agridient B.V., Puris Foods, AGT Food And Ingredients, Nutri-Pea, Dakota Dry Bean, Roquette Frères, The Scoular Company, Emsland Group, Dutch Ingredient Company B.V., American Key Food Products, Parrheim Foods , Biostarch, Axiom Foods, Inc, Vestkorn Milling As, Cosucra Groupe Warcoing SA, Meelunie B.V., and Yantai Oriental Protein Tech Co., Ltd.
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