Pea Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Pea Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global pea starch market size reached US$ 132.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 207.3 Million by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.

Pea starch is a new starch-based ingredient with a neutral taste, which is derived from yellow peas. It is rich in amylose, phytic acids, vitamins, antioxidants, minerals, thiamine, saponins and oxalates. As it offers nutritional benefits, such as improving muscle growth and increasing metabolism, it is widely used as a binding, gelling and thickening agent in sauces, soups, noodles, pasta and meat products. Pea starch also provides a crispy coating to frying batters and acts as a binder in processed meats. As a result, it finds extensive application in feed, textile, cosmetics, food and beverage (F&B) industries around the world.

Pea Starch Market Trends:



Significant growth in the F&B industry across the globe on account of rapid urbanization, rising population and inflating income levels of individuals represents one of the key factors creating a positive outlook for the market. Pea starch is widely utilized in the preparation of bakery items, pasta, noodles and soups as it provides higher sustainability. Additionally, the widespread product adoption in the pharmaceutical industry for coating tablets and capsules and film-forming is positively influencing the market. Moreover, an increasing number of gluten-sensitive and health-conscious people are providing an impetus to the market growth. Pea starch is used as it has additional nutritional content, lower calorie content, and lactose and gluten-free formulation. In line with this, the escalating demand for convenient, ready-to-eat (RTE) food products due to the busy schedules and hectic lifestyles of the masses are favoring the market growth. Other factors, including the widespread product utilization in cosmetic products, such as creams, serums and lotions and the textile industry for textile sizing and cotton yards, are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pea starch market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, function and application.

Breakup by Type:

Organic and Non-GMO

Conventional

Breakup by Function:

Binding and Thickening

Gelling

Texturizing

Film Forming

Others

Breakup by Application:

Food and Beverages

Feed

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Key Products Inc., Axiom Foods Inc., Cosucra, Emsland Group, Herba Ingredients B.V., Ingredion Incorporated, Meelunie B.V. (Hoogwegt Groep B.V.), Puris, Roquette Frères, The Scoular Company, Vestkorn Milling AS (Koninklijke DSM N.V.) and Yantai Shuangta Food Co. Ltd.

Key Questions Answered in This Report:

How has the global pea starch market performed so far and how will it perform in the coming years?

What has been the impact of COVID-19 on the global pea starch market?

What are the key regional markets?

What is the breakup of the market based on the type?

What is the breakup of the market based on the function?

What is the breakup of the market based on the application?

What are the various stages in the value chain of the industry?

What are the key driving factors and challenges in the industry?

What is the structure of the global pea starch market and who are the key players?

What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
  2.1 Objectives of the Study
  2.2 Stakeholders
  2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
  2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
  2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
  4.1 Overview
  4.2 Key Industry Trends
5 Global Pea Starch Market
  5.1 Market Overview
  5.2 Market Performance
  5.3 Impact of COVID-19
  5.4 Market Forecast
6 Market Breakup by Type
  6.1 Organic and Non-GMO
6.1.1 Market Trends
6.1.2 Market Forecast
  6.2 Conventional
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Function
  7.1 Binding and Thickening
7.1.1 Market Trends
7.1.2 Market Forecast
  7.2 Gelling
7.2.1 Market Trends
7.2.2 Market Forecast
  7.3 Texturizing
7.3.1 Market Trends
7.3.2 Market Forecast
  7.4 Film Forming
7.4.1 Market Trends
7.4.2 Market Forecast
  7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
  8.1 Food and Beverages
8.1.1 Market Trends
8.1.2 Market Forecast
  8.2 Feed
8.2.1 Market Trends
8.2.2 Market Forecast
  8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
  9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
  9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
  9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
  9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
  9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10  SWOT Analysis
  10.1 Overview
  10.2 Strengths
  10.3 Weaknesses
  10.4 Opportunities
  10.5 Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
  12.1 Overview
  12.2 Bargaining Power of Buyers
  12.3 Bargaining Power of Suppliers
  12.4 Degree of Competition
  12.5 Threat of New Entrants
  12.6 Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
  14.1 Market Structure
  14.2 Key Players
  14.3 Profiles of Key Players
14.3.1 American Key Products Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Axiom Foods Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Cosucra
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Emsland Group
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Herba Ingredients B.V.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Ingredion Incorporated
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Meelunie B.V. (Hoogwegt Groep B.V.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Puris
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Roquette Frères
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 The Scoular Company
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 Vestkorn Milling AS (Koninklijke DSM N.V.)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Yantai Shuangta Food Co. Ltd.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials

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