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Global Pea Starch Market Size, Share, Analysis, Revenue: By Type: Organic/Non-GMO, Conventional; By Application: Food and Beverages, Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Global Pea Starch Market Outlook
The global pea starch market attained a value of USD 436.90 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.4% to reach USD 903.72 million by 2032.
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Increasing Demand in the Food and Beverages Industry to Augment the Pea Starch Industry Growth
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.
The Asia Pacific to Provide Significant Growth Opportunities to the Pea Starch Industry
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 Market Segmentation
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.
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By types, the market can be divided into:
- Organic/Non-GMO
- Conventional
The market can be broadly categorised on the basis of its applications into:
- Food and Beverages
- Feed
- Others
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.
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Various Advantageous Properties of Pea Starch to Significantly Contribute to the Pea Starch Industry Growth
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.
Key Industry Players in the Global Pea Starch Market
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:
- Ingredion Incorporated
- Roquette Frères
- Yantai Shuangta Food co., LTD
- PURIS
- Emsland Group
- Axiom Foods, Inc.
- Others
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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
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
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Pea Starch Market Analysis
8.1 Key Industry Highlights
8.2 Global Pea Starch Historical Market (2018-2023)
8.3 Global Pea Starch Market Forecast (2024-2032)
8.4 Global Pea Starch Market by Type
8.4.1 Organic/Non-GMO
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Pea Starch Market by Application
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Feed
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Pea Starch Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Pea Starch Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Pea Starch Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Pea Starch Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Pea Starch Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Pea Starch Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Ingredion Incorporated
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Roquette Frères
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Yantai Shuangta Food co., LTD
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 PURIS
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Emsland Group
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Axiom Foods, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Pea Starch Market: Key Industry Highlights, 2018 and 2032
2. Global Pea Starch Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Pea Starch Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Pea Starch Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Pea Starch Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Pea Starch Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Pea Starch Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Pea Starch Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Pea Starch Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Pea Starch Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Pea Starch Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Pea Starch Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Pea Starch Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Pea Starch Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Pea Starch Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Pea Starch Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Pea Starch Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Pea Starch Market Structure
Key Questions Answered in the Report
In 2023, the global pea starch market attained a value of nearly USD 436.90 million.
The market is projected to grow at a CAGR of 8.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 903.72 million by 2032.
The major market drivers include the increasing awareness regarding health and fitness, growing demand for plant-based and clean labelled food products, and the thriving food sector.
Increasing innovations by manufacturers and new product launches are the key trends fuelling the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various product types in the market are organic/non-GMO and conventional.
The different applications of the product include food and beverages and feed, among others.
The major players in the market are Ingredion Incorporated, Roquette Frères, Yantai Shuangta Food co. LTD, PURIS, Emsland Group, Axiom Foods Inc., and others.
Analyst Review
The global pea starch market attained a value of USD 436.90 million in 2023, 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 2024-2032, growing at a CAGR of 8.4%. The market is projected to reach USD 903.72 million by 2032.
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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