According to the current analysis of Reports and Data, the global pea starch market was valued at USD 98.7 Million in 2019 and is expected to reach USD 181.2 Million by year 2027, at a CAGR of 8.1%. It is one of the novel starch-based ingredients in the food and feed industries. It provides many nutritional benefits over its counterparts, and is helpful in preparing gluten-, lactose-, and other allergen-free solutions. It also aids in providing clean labels for baked goods and other processed food products due to its organic origins. Fish, meat products, and extruded foods are among the major applications of these ingredients. These cumulative applications are expected to drive the market for this ingredient over the period of forecast.
Native pea starch, a rich source of amylose, is derived from the seedpod of the pod fruit Pisum sativum. This starch is neutral in taste and contains about 40% starch content. This ingredient has a non-GMO origin and can be used to formulate food products that can claim non-allergenic and gluten free labels. With the increasing demands for clean-label processed food products, the demand for these ingredients is getting a boost.
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Leading Players Profiled in the Report Include:
Emsland Group, Roquette Freres, Vestkorn Milling, Axiom Foods, Yantai Oriental Protein Tech Co., The Scoular Company, American Key Food Products, Cosucra Groupe Warcoing SA, Parrheim Foods and Puris Foods among other companies
Newer ingredients such as pea starch have novel application with regards to their functional properties. It aids in providing increased viscosity to food products, efficient binding & texture, and a good film building where it is applied. Baked snack products and specific meat applications employ these starchy ingredients for various preparation processes.
North America is the largest market mainly due to the large-scale production of dry peas. The Asia Pacific market is among the fastest growing for this ingredient. Production of Pisum sativum and other legumes is abundant in this region. However, lack of awareness and a dearth of processing technology is a challenge here. Fluctuations in prices and an un-even supply are a few of the restraints to the growth of the pea starch market.
Further key findings from the report suggest-
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For the purpose of this study, Reports and Data have segmented the market on the basis of grade, function, application and region:
Grade (Revenue, USD Million; 2017–2027)
Function (Revenue, USD Million; 2017–2027)
Application (Revenue, USD Million; 2017–2027)
Regional Outlook (Revenue in USD Million; 2017–2027)
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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Increasing volume of pea production
3.2. Rising demand for snacks and processed foods
3.3. Growing globalization of food trade
Chapter 4. Pea Starch Segmentation & Impact Analysis
4.1. Pea Starch Segmentation Analysis
4.2. Pea Starch Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Pea Starch Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Increasing demand from the pet food industry
4.4.1.2. Use in the production of Ethanol
4.4.2. Market restraint analysis
4.4.2.1. Changing prices of peas in the global market
4.4.2.2. Inconsistent domestic and international food standards
4.5. Key opportunities prioritized
4.6. Pea Starch Pricing Analysis
4.7. Industry analysis – Porter’s
4.8. Pea Starch PESTEL Analysis
Continued……
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