Global Pea Starch Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Pea Starch Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global pea starch market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. The global pea starch market report has been segmented on the basis of grade, function, application, and region.
Pea starch 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. Pea starch possesses excellent properties such as high temperature resistance, better shear stability as well as acidic in nature. Pea starch is primarily used in various foods such as meats, delicatessen, sauces pastas, creams (due to its gelling, texturizing, and thickening properties). Pea starch is extracted from the pisum sativum dry pea and is characterized by a large part of amylose and a low gel temperature which explains its functional texturizing and film-forming properties.
Growing demand for pea starch, owing to its increasing use in ethanol production is one of the major factor driving growth of the global pea starch market. In addition, increasing adoption of pea starch for various food as well as industrial applications is another factor expected to support growth of the pea starch market over the forecast period. Moreover, increasing production of pea in developed countries owing to its excellent thickening and gelling properties that are beneficial in various end-use applications is a factor expected to propel growth of the global pea starch market in the near future. Furthermore, rising demand for pea starch as pet food is projected to support growing demand for pea starch over the forecast period in the global market.
However, process of retrogradation that affects functional properties of pea starch is a major factor expected to restrain growth of the global market during the forecast period.
Among various end use industries, pea starch has a wide range of applications in food and beverages industry, owing to its numerous benefits and properties. In addition, increasing demand for pea starch in pet food applications is estimated to witness a significant rate of target market growth over the forecast period.
The North America market accounts for highest revenue share in the target market, owing to high production of dry peas in the countries in the region. The market in the Asia Pacific is projected to register comparatively high CAGR in terms of revenue in the global market over the next 10 years. This growth can be attributed to increasing demand for natural ingredients and clean label products from countries such as China and India, in the region. The Europe market is expected to accounts considerable revenue share in the global market and is expected to register a CAGR of XX.X% during the forecast period. The market in Middle East & Africa is expected to register moderate growth in the global pea starch market over the forecast period.
Segmentation on the basis of Grade:
Segmentation on the basis of Function:
- Binding & thickening
- Film forming
Segmentation on the basis of End-use Industry:
- Food & beverages
- Pet food
Segmentation on the basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Emsland-Stärke GmbH
- Cosucra Groupe Warconing SA
- Roquette Freres S.A.
- Vestkorn Milling AS
- Meelunie B.V.
- Parrish and Heimbecker, Ltd.
- Puris Foods LLC
- Yantai Oreintal Protein Tech Co., Ltd.
- Axiom Foods, Inc.
- The Scoular Company
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