Pea Starch Market By Application (Food & Beverages, Feed, Pet Food, Industrial), By Function (Binding & Thickening, Gelling, Texturizing, Film Forming), By Grade (Food, Feed, and Industrial) and By Region - Trends, Analysis and Forecast till 2030

Report Code: PMI21119 | Publish Date: May 2023 | No. of Pages: 168

Global Pea Starch Market By Overview

Pea starch market accounted for USD 133.25 Million in 2020 and is estimated to be USD 268.41 Million by 2030 and is anticipated to register a CAGR of 7.3%.

Pea starch is a rich source of amylose (35%) and this unique feature gives it good thickening and gelling properties which are better than other commonly used starches. Additionally, majority of the pea starch are considered to be very healthy due to the nutritional benefits such as gluten and lactose free solutions. Extracting starch from peas involve three main steps, soaking the pea in water, in decorticating the wet pea and in disintegrating proteins adhering to the starch granules by means of a high-pressure homogenizer. It is a low-glycemic carbohydrate that eliminates digestive discomfort which is caused due to many carb formulas.

Pea starch helps to improved endurance. They are widely used as gelling and stabilizing agent.  It provides texture to the baked foods. Also, it can be used as substitute for replacing gluten-free ingredients such as rice, flour, tapioca starch, and potato starch, without deteriorating the quality. Pea Starch works better in soft candy applications.

Global Pea Starch Market By Drivers & Restraints

Rising awareness regarding nutritional benefits of pea starch

Increasing consumption of pea starch as a stabilizing as well as gelling agent in various end-use applications is a factor propelling growth of the target market in the near future. In addition, increasing awareness of nutritional benefits of pea starch such as its ability to make solution gluten & lactose free and low-calorie formulation is another factor expected to drive growth of the global pea starch market, in the near future. Moreover, surge in demand of pea starch in different end-user industries is the key factor for the growth of the target market. It is commonly used in textile industry for textile sizing and cotton yarns. Also, pea starch is budget friendly as compared to corn, wheat etc.

However, growing instances of the retrogradation is in turn affecting the functional properties of pea starch are a major factor expected to hamper growth of the pea starch market over the forecast period

Global Pea Starch Market By Segmentations & Regional Insights

Pea starch market is segmented based on application, function, grade, and region.

The application segment includes food & Beverages, Feed, Pet Food, and Industrial. The function segment is further sub segmented into binding & thickening, gelling, texturizing, film forming. On the basis of grade, the global pea starch market has been segmented as food, feed, and industrial.

Regional Insights:

The global pea starch market accounted for US$ 133.25 million in 2020 and is estimated to be US$ 268.41 million by 2030 and is anticipated to register a CAGR of 7.3%. On region the global pea starch market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America currently dominates the market for pea starch and is expected to continue its strong hold for a few more years owing to growing demand for healthy processed food which in turn creating demand for pea starch and supporting market growth in the region. The markets in Asia-Pacific and Europe are expected to register high growth rate, owing to the rising demand for pea starch from food and beverages industries from the countries of the region, over the forecast period

Pea Starch Market Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Application- Food & Beverages, Feed, Pet Food, Industrial

By Function– Binding & Thickening, Gelling, Texturizing, Film Forming

By Grade– Food, Feed and Industrial

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global pea starch market report based on application, function, grade and region.

Pea Starch Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Pea Starch Market By Competitive Landscape & Key Players

The key players operating in the global pea starch market includes Emsland Group, Cosucra Groupe Warconing Sa, Roquette Freres, Vestkorn Milling as, Meelunie B.V., Parrish and Heimbecker, Ltd., Puris Foods, Yantai Oreintal Protein Tech Co., Ltd., Axiom Foods, Inc., and The Scoular Company.

Emsland Group:

Emsland had invested in a new plant project to dry and modify pea and potato starch. The new project would aim on increasing production capacity of pea-based ingredients to meet the global demand.

Global Pea Starch Market By Company Profile

FAQs

Pea Starch market is segmented into application, function, grade, and region.

Increasing consumption of pea starch as a stabilizing as well as gelling agent in various end-use applications is a factor propelling growth of the target market in the near future.

The market in North America currently dominates the market for pea starch and is expected to continue its strong hold for a few more years owing to growing demand for healthy processed food which in turn creating demand for pea starch and supporting market growth in the region.

The Key players operating in the Pea Starch market include Emsland Group, Cosucra Groupe Warconing Sa, Roquette Freres, Vestkorn Milling as, Meelunie B.V., Parrish and Heimbecker, Ltd., Puris Foods, Yantai Oreintal Protein Tech Co., Ltd., Axiom Foods, Inc., and The Scoular Company.