Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.5% during the review period (2022 to 2027)
Pea Starch Market Overview
The pea starch market is probable at a CAGR of 7.5% through the prediction period of 2022-2027 and reach the estimate of USD 165.2 Mn by the end of 2027 from USD 86.50 Mn in 2022. Gluten is not present in pea starch. As a result of the growing admiration of gluten-free diets, there is a strong demand for pea starch in the food and drink industry for the manufacturing of various food products. Pea starch has become fairly popular in the food and starch industries. Pea starch is widely employed in a wide range of applications, from easy indulgence to stiff gels, since it provides essential presentation and functionality benefits. Pea starch is primarily made from yellow peas and is processed differently than pea flour, which is the most often derived product from peas.
Pea starch can be memorable from other native starches by the high amylose attentiveness of pea starch granules. As a result, pea starch has a high gelling ability that helps in the creation of gel in water at a meaningfully lower dose than other starches, making it a good gelling native starch. Pea starch is so regarded as an important ingredient in culinary products needful a short, elastic texture, such as glass noodles or gummy sweets. Pea starch improves the texture of poultry rolls and vegetarian goods as well as meat products, thus changing the Pea Starch Market Outlook.
Recent Developments on Pea Starch Market
March 31, 2022: Scoular, a worldwide leader in the agricultural industry and the 68th largest private company in the U.S., on Thursday launched a new website at its Scoular.com domain to feature women leading at the company and in the industry.
29 Nov 2021: Royal DSM, a global purpose-led science-based company, announces today that it has signed an agreement to acquire Norwegian company Vestkorn Milling, one of Europe’s leading producers of pea- and bean-derived ingredients for plant-based protein products, for an enterprise value of €65m.
Who are the Major Players in Pea Starch Market?
Top Key players in the Pea Starch Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. AGRIDIENT INC, AMERICAN KEY PRODUCTS, INC, COSUCRA GROUPE WARCONING SA, EMSLAND GROUP, MEELUNIE B.V, PURIS FOODS, ROQUETTE FRÈRES, SHANGHAI BICHAIN INDUSTRIAL CHEMICAL, THE SCOULAR COMPANY, VESTKORN MILLING AS.
What are the major Applications, Types and Regions for Pea Starch Market?
Pea Starch Market is segmented based on the type, applications, companies and regions.
By Type
- Food Grade
- Industry Grade (ex. Modified)
By End User’s
- Food Production
- Pharmaceutical Industry
- Feed Industry
- Textile Industry
- Others
Regional Analysis on Pea Starch Market
North America has dominated the global pea starch market for the last several years and is projected to garner higher growth over the forecast period. A rapid rate of growth, a major shift in consumer favorite towards nourishing foods, and growing demand for plant-based fixings are assigning to the considerable market growth in this region. In the Asia Pacific, the market reported for the largest revenue share followed by the Europe region. Cumulative ingesting of starch pulps, noodles, and soup is one of the major factors driving the local market growth.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Pea Starch Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 7.5% during the review period (2022 to 2027).
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By Type
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- Food Grade
- Industry Grade (ex. Modified)
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By Application
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- Food Production
- Pharmaceutical Industry
- Feed Industry
- Textile Industry
- Others
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By Companies
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Roquette, Yantai Oriental Protein Tech, Cosucra, Nutri-Pea, Shuangta Food, Jianyuan Group, Emsland-Starke, Yantai Dingfeng Biological Technology, Ingredion Incorporated and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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94
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Pea Starch Report
- Evaluate Pea Starch market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Pea Starch market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What was the global pea starch market size in 2020?
In 2020, the global pea starch market attained a value of nearly USD 343 million.
What is the growth rate of the market?
The market is projected to grow at a CAGR of 7.5% between 2022 and 2027.
What are the major regional markets of pea starch, according to the EMR report?
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Who are the key players in pea starch market?
Cargill Inc.; Roquette; Emsland Group; American Key Products; Sanstar Bio-Polymers; Vestkorn; and Parrheim Foods.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
