"The world-class Pea Starch Market Report is a professional yet in-depth study of the current state of the market. The market study of this report helps minimize the risk of uncertainty and helps in taking informed decisions. With this market report, businesses can create a unique space in the global industry and be identified as the most consistent and dedicated growth partner for market research, strategy formulation and sustainable organizational development. This global market document includes all the company profiles of the market players and top brands. While formulating a steadfast Pea Starch Market report, the client's business competencies are well understood to identify tangible growth opportunities.
The winning Pea Starch Market analysis report showcases significant product developments and tracks recent acquisitions, mergers, and research in the Pea Starch Market industry by key players. With this, businesses can visualize a picture of how the market will perform in the forecast years by getting details about market definition, classification, adoption, and engagement. All the data and information involved in this report is taken from highly reliable sources such as websites, company annual reports, white papers, journals, newspapers and mergers. A large-scale Pea Starch Market Report can definitely be relied on while taking important business decisions.
Data Bridge Market Research analyses that the global pea starch market, which was USD 289.14 million in 2023, is expected to reach USD 478.52 million by 2031, at a CAGR of 6.50% during the forecast period 2024 to 2031.
Explore Further Details about This Research Pea Starch Market Report https://www.databridgemarketresearch.com/reports/global-pea-starch-market
Pea Starch Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2024 to 2031 |
Base Year | 2023 |
Historic Years | 2022 (Customizable to 2016-2021) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Modification Methods (Chemical Modification, Physical Modification), Source (Inorganic/GMO, Organic/Non-GMO), Product (Native Pea Starch, Modified Pea Starch), Form (Powder, Liquid), Grade (Food, Feed, Industrial), Function (Binding and Thickening, Gel Forming, Texturizing, Film Forming, Coating Swelling and Solubility, Enzymatic and Acidic Hydrolysis, Others), Application (Food and Beverages, Pharmaceutical and Nutraceuticals, Industrial, Feed, Personal Care and Cosmetics, and Others) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | Roquette Frères (France), AGT Food and Ingredients (Canada), Puris (U.S.), Meelunie B.V. (Netherlands), The Scoular Company (U.S.), Shandong Jianyuan group (China), American Key Food Products (U.S.), Dakota Ingredients (U.S.), Royal Ingredients Group B.V. (Netherlands), Agridient.nl (Netherlands), Euroduna Food Ingredients GmbH (Germany), NISCO ApS (U.K.), COSUCRA (Belgium), EMFOOD TRADING BV (Netherlands), Yantai Shuangta Food co., LTD (China), Healy Group (U.K.), AM Nutrition (U.S.), Vestkorn (Norway), Nutri-Pea. (Canada), ORGANICWAY FOOD INGREDIENTS INC. (U.S.) |
Market Opportunities |
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Market Definition
Pea starch, a neutral-tasting powder, functions as a versatile thickener, stabilizer, and gelling agent in the food industry. Its gluten-free, non-GMO nature makes it ideal for diverse dietary requirements, offering a reliable solution for food formulation needs. Its binding and moisture retention properties make it valuable in processed foods, snacks, and baked goods.
Global Pea Starch Market Dynamics
Drivers
- Growing Demand for Clean-Label Products
The increasing consumer preference for clean-label products, driven by health consciousness and ingredient transparency, has propelled the demand for clean-label foods. Pea starch, sourced naturally from peas and devoid of GMOs and allergens, meets this demand, positioning it as a favored ingredient in the clean-label trend.
- Growing Demand for Plant-Based Ingredients Among Consumer
The rise of plant-based diets, including vegetarian and vegan options, is fueled by health, ethics, and sustainability concerns. As consumers increasingly opt for plant-based alternatives, there's a growing demand for ingredients such as pea starch, which aligns with these dietary preferences and offers versatile functionality in food production.
Opportunities
- Development of Gluten-Free and Allergen-Free Food Items
The rise in celiac disease and food allergies fuels demand for safe alternatives. Pea starch, inherently gluten-free and allergen-free, meets this need effectively. Its natural properties make it a favorable ingredient for developing palatable and safe gluten-free and allergen-free food items, filling the evolving preferences of consumers.
Key Insights Of Pea Starch Market Report
- The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
- This study presents the analytical depiction of the Pea Starch Market with the current trends and future estimations to determine the imminent investment pockets
- The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Pea Starch Market
- The forecast period of the Pea Starch Market is assessed from 2024 to 2030 to highlight the Pea Starch Market growth scenario.
- Porter’s five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
- The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
- This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.
The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.
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