Pea Starch Market was valued at USD 204.1 million in 2023 and is expected to reach USD 347.76 million by the year 2032, at a CAGR of 6.1%.
The pea starch market is undergoing notable expansion, fueled by rising consumer interest in plant-based and gluten-free food items. Obtained from yellow peas, pea starch is appreciated for its substantial amylose content, outstanding gelling, and thickening abilities, which make it a favored component in diverse food uses, such as soups, sauces, noodles, and sweets. Its versatility goes beyond just food, being utilized in pharmaceuticals, cosmetics, and various industrial applications, including biodegradable plastics and adhesives.
North America and Europe lead the pea starch market, driven by increasing health awareness and a movement towards plant-based and sustainable eating. The Asia-Pacific region is becoming a fast-growing market because of the expanding food processing sector and rising awareness of the health advantages of pea-based ingredients.
Top Key Players Covered In Pea Starch Market
Cargill Inc. (US), Coscura Groupe Warcoing SA (Belgium), Parheim Foods (Canada), Puris Foods (United States), Felleskjopet Rogaland Agder (United States), Roquette Freres (France), Vestkorn Milling AS (Norway), Shandong Jianyuan Group (China), Emsland Group (Germany), Ingredion Incorporated (United States), Axiom Foods Inc. (United States), AGT Food and Ingredients (Canada), Ingredion (US) and others Major Players.
Get Your Hands on a Free Sample Report!
https://introspectivemarketresearch.com/request/15884
Introspective Market Research provides a broad range of services, including Market Research Reports, offering access to curated data from trusted sources such as industry reports, government databases, and market studies. We also specialize in Macro Economic Analysis and Go-To-Market (GTM) Strategies, helping businesses grow. Our team of skilled professionals offers flexible staffing solutions to meet your project needs. Additional services include Consulting, AI-Driven Solutions, Product Design and Prototyping, and access to the IMR Knowledge Cluster, along with many other offerings.
The growing demand for ready-to-eat and on-the-go products is driven by consumers increasingly busy lifestyles, leading to a rise in convenient, time-saving options like ready meals, meal kits, and grab-and-go snacks. Introspective market research assists companies by providing detailed reports on consumer preferences and packaging innovations. These insights help businesses identify trends in convenience foods and packaging solutions, enabling them to develop products that meet market demands for freshness and convenience.
"Research made simple and affordable – Trusted Research Tailored just for you – IMR Knowledge Cluster"
https://www.imrknowledgecluster.com/
Segmentation Analysis of the Pea Starch Market:
By Type
- Native Pea Starch
- Modified Pea Starch
By Source
- Organic
- Inorganic
By Application
- Food and Beverages
- Pharmaceuticals & Nutraceuticals
- Industrial
- Feed
- Other
Drivers
Consumers who are allergic to lactose prefer products that have pea starch as their key ingredient, as it is easy to digest as compared to the products that have lactose. Thus, growth has been witnessed in the demand for pea starch products in the population suffering from lactose intolerance. Additionally, switching in consumption pattern among consumers contribute toward the growth of the market. For instance, utilization of pea starch is anticipated to grow significantly in health-conscious consumers, as it possesses anti-allergic properties and is low in calories. This factor significantly aids the growth of the global market. Furthermore, the development of new products with improved taste and benefits, along with high marketing support, enhances the global market growth.
Customize Your Report for Precision Insights!
https://introspectivemarketresearch.com/custom-research/15884
Opportunities:
The increasing demand for pea starch in the pet food industry is expected to generate untapped opportunities for market participants. The pet food market is turned by two primary trends globally. These trends are premiumization and humanization. There is a rising trend of pet humanization as a family person among owners. Owing to this, there is a growth in demand for premium pet food with nutritional benefits, better digestibility, and enhanced ingredient quality for pets.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
The reliable source of market research that can significantly boost your company is this market report, to sum up. Major locations, item values, profits, limits, generation, supply, requirements, market development rates, and quantities are only a few of the economic conditions reported in the report.
The Study Objectives are:
- A comprehensive insight into key players operating in the Pea Starch Market and their corresponding data.
- It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
- Regional analysis, which includes insight into the dominant market and corresponding market share.
- It also includes various socio-economic factors affecting the evolution of the market in the region.
- The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Claim Your Item - Secure Your Purchase Now!
https://introspectivemarketresearch.com/checkout/?user=1&_sid=15884
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends.
We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Canada Office
Introspective Market Research Private Limited, 138 Downes Street Unit 6203- M5E 0E4, Toronto, Canada.
APAC Office
Introspective Market Research Private Limited, Office No. 401, Saudamini Commercial Complex, Chandani Chowk, Kothrud, Pune India 411038
Ph no: +91-81800-96367 / +91-7410103736
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek
Siswati