Asia-Pacific Pea Starch Market Databank
The Pea Starch market was valued at $56.2 Million in 2020, and is projected to reach $87.2 Million by 2029 growing at a CAGR of 5.05% from 2021 to 2029. Industrial segment is expected to be the highest contributor to this market, with $26.6 Million in 2020, and is anticipated to reach $41.5 Million by 2029, registering a CAGR of 5.12%. Feed segment is anticipated to reach $14.6 Million by 2029 with the highest CAGR of 6.12%. Industrial and Food segments collectively expected to account for about 84.8% share of the Pea Starch market in 2020, with the former constituting around 47.4% share. Feed and Industrial segments are expected to witness significant growth rates at a CAGR of 6.12% and 5.12% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.6% in the overall Pea Starch market in 2020, and is anticipated to reach 64.3% by 2029.
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