Pea starch is one of the most widely used plant-based carbohydrates in the food industry. It can be used in a wide variety of applications to improve the texture, consistency, and nutritional value of a range of foods. It is also an excellent source of soluble dietary fiber that can help control blood sugar levels and promote better health. Native pea starch has a neutral taste and color, which allows it to be used in a variety of clean label applications. It also shows stability in high temperature cooking and pH variances, indicating that it can be used as a low-cost alternative to modified starches. It has a high amylose content that can help provide ingredients with better thickening and film-forming properties, as well as improved water-binding and shear resistance similar to modified starches.
Market Dynamics:
The global pea starch market growth is expected to be driven by increased demand from the food and beverage industry, as well as in pharmaceuticals and paper industries. The market is also being driven by the increasing number of people who are gluten intolerant and the trend toward veganism. Increasing health consciousness among consumers and the demand for minimally processed products with more authentic and real ingredients are also driving market growth for clean label starches. Furthermore, advancements in the field of food processing are also supporting the market growth.
On the other hand, easy availability of low-cost alternatives is expected to hinder the market growth.
Key features of the study:
- This report provides in-depth analysis of the global pea starch market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global pea starch market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Groupe Emsland, Roquette Frères, The Scoular Company, COSUCRA - Groupe Warcoing, Ingredion Incorporated, Axiom Foods Inc., Yantai Shuangta Food Co. Ltd, Vestkorn Milling AS, Puris, Meelunie BV, AGT Food and Ingredients Inc., and Shandong Jianyuan Bioengineering Co. Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global pea starch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pea starch market
Detailed Segmentation:
- Global Pea Starch Market, By Source
- Global Pea Starch Market, By Application
- Food and Beverage
- Animal Feed and Pet Food
- Clinical Nutrition and Cosmetics
- Global Pea Starch Market, By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Groupe Emsland
- Roquette Frères
- The Scoular Company
- COSUCRA - Groupe Warcoing
- Ingredion Incorporated
- Axiom Foods Inc.
- Yantai Shuangta Food Co. Ltd
- Vestkorn Milling AS
- Puris
- Meelunie BV
- AGT Food and Ingredients Inc.
- Shandong Jianyuan Bioengineering Co. Ltd