Pea Starch Market Analysis

Pea Starch Market Analysis

The food grade pea starch segment will witness 24% growth rate from 2023 to 2032, as it is suitable for human consumption.
 

• The product has a natural, clean-label appeal. As more people adopt healthier eating habits and seek plant-based substitutes, the food-grade pea starch provides a versatile solution for manufacturers to enhance the nutritional profile of their varied products.
   
• It is being used widely as a key ingredient in gluten-free formulations, providing the required texture, binding properties, and stability in a variety of food products without compromising on taste or quality.
   

Food & beverage end-user segment will attain around 24% growth rate from 2023 to 2032, owing to the binding and thickening properties of pea starch in bakery products, soups, poultry and others.
 

• Consumers are progressively seeking products with natural and recognizable ingredients, leading to a rise in demand for plant-based alternatives. Pea starch, being a natural and clean-label ingredient, is well-positioned to meet this demand.
   
• Functional properties of the pea starch make it a versatile ingredient for innovation in the F&B sector. Its ability to act as a thickening, gelling, and stabilizing agent makes it valuable for formulating a diverse range of food & beverage items.
   

North America pea starch market size will expand at 28% growth rate through 2032, backed by the increasing consumer awareness and preference for plant-based and gluten-free products. The region's health-conscious consumers are opting clean-label alternatives and incline toward pea starch as an ingredient for being a natural and sustainable option. Moreover, the rising popularity of meat alternatives and dairy-free products has spurred the adoption of the product in formulations. Additionally, the focus on sustainable and eco- friendly practices in agriculture further supports the industry growth.