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The global pea starch market attained a value of USD 343 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 8.4% to reach USD 557 million by 2026.
There has been a rise in demand for high grade quality pea starch for various food applications. Further, these food products are non-GMO, non-allergenic, and gluten free with a neutral taste, which is significantly contributing to the rising demand for pea starch in the food and beverages sector. The increasing demand for minimally processed food products with more authentic and real ingredients is also supporting the market growth. In addition, the advancements in the food processing sector are expected to aid the market in the forecast period.
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Geographically, the Asia Pacific accounts for a significant share in the industry. China, India, Japan, and other Southeast Asian countries are likely to act as the major drivers for the market growth in the region. Meanwhile, Europe is expected to witness a considerable growth in the forecast period due to the increasing health consciousness among customers and the growing demand for clean-labelled food products.
Pea starch is often used as a thickening solution to create gel like mixture as it is rich in amylase. In addition, it is widely used in the food industry due to its nutritional benefits and the ability to help prepare gluten and lactose-free solutions. Pea starch is used in a broad array of applications, such as bakery, noodles, soup, pasta, and vermicelli, among others. It also finds application in the textile industry and is generally used for textile sizing and cotton yards.
By types, the market can be divided into:
The market can be broadly categorised on the basis of its applications into:
The EMR report looks into the regional markets of pea starch like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The global pea starch industry is driven by the increasing demand for pea starch in various applications due to its excellent thickening and gelling properties that are better than other commonly used starches. Pea starch can be used as a binding and thickening agent to impart good texture and expansion regulating properties to many food products, such as confectionary, dairy, snacks, potato products, meats, fish, bakery products, pasta, noodles, soups, and sauces and snacks. Pea starch is allergen-friendly. Due to the increasing number of health-conscious customers, there has been a rise in demand for gluten-free products. In addition, pea starch is a highly functional starch that blends well with other starches to meet specific formulation goals. All these factors are significantly contributing to the pea starch industry growth.
The report presents a detailed analysis of the following key players in the global pea starch market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region|
|Breakup by Type||Organic/Non-GMO, Conventional|
|Breakup by Application||Food and Beverages, Feed, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Price Analysis||Historical and Forecast Price Trends- Regional|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Ingredion Incorporated, Roquette Frères, Yantai Shuangta Food co., LTD, PURIS, Emsland Group, Axiom Foods, Inc., Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Pea Starch Market Analysis
8.1 Key Industry Highlights
8.2 Global Pea Starch Historical Market (2016-2020)
8.3 Global Pea Starch Market Forecast (2021-2026)
8.4 Global Pea Starch Market by Type
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.5 Global Pea Starch Market by Application
8.5.1 Food and Beverages
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
8.6 Global Pea Starch Market by Region
8.6.1 Market Share
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
220.127.116.11 United States of America
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
18.104.22.168 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Ingredion Incorporated
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
13.2.2 Roquette Frères
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
13.2.3 Yantai Shuangta Food co., LTD
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
13.2.5 Emsland Group
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
13.2.6 Axiom Foods, Inc.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
List of Figures and Tables
1. Global Pea Starch Market: Key Industry Highlights, 2016 and 2026
2. Global Pea Starch Historical Market: Breakup by Type (USD Million), 2016-2020
3. Global Pea Starch Market Forecast: Breakup by Type (USD Million), 2021-2026
4. Global Pea Starch Historical Market: Breakup by Application (USD Million), 2016-2020
5. Global Pea Starch Market Forecast: Breakup by Application (USD Million), 2021-2026
6. Global Pea Starch Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Pea Starch Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Pea Starch Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Pea Starch Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Pea Starch Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Pea Starch Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Pea Starch Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Pea Starch Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Pea Starch Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Pea Starch Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Pea Starch Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Pea Starch Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Global Pea Starch Market Structure
In 2020, the global pea starch market attained a value of nearly USD 343 million.
The market is projected to grow at a CAGR of 8.4% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 557 million by 2026.
The major drivers of the industry, such as the increasing awareness regarding health and fitness, growing demand for pant based and clean labelled food products, and the thriving food industry, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing innovations by the manufacturers and the new product launches.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various product types in the industry are organic/non-GMO and conventional.
The different applications of the product include food and beverages, feed, and others.
The major players in the industry are Ingredion Incorporated, Roquette Frères, Yantai Shuangta Food co. LTD, PURIS, Emsland Group, Axiom Foods Inc., and others.
The global pea starch market attained a value of USD 343 million in 2020, driven by the growing food and beverages industry. Aided by the growing health consciousness among consumers and the shifting dietary patterns, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 8.4%. The market is projected to reach USD 557 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the pea starch industry can be segmented into organic/non-GMO and conventional. On the basis of application, the market is segmented into food and beverages, feed, and others. The major regional markets for pea starch are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ingredion Incorporated, Roquette Frères, Yantai Shuangta Food co. LTD, PURIS, Emsland Group, and Axiom Foods Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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