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Pea Starch Market Size

Report ID: GMI1374
Published Date: Nov 2023
Report Format: PDF

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Pea Starch Market Size

Pea Starch Market is estimated to showcase about 20% CAGR between 2023 and 2032, attributed to the rising demand for plant-based and gluten-free products. As consumers become more health-conscious and seek substitutes to traditional starches, pea starch emerges as a natural and organic option derived from peas, which is rich in essential nutrients. Peas also have low ecological footprint compared to some other crops, making the product an ideal choice amidst the rising awareness of the environmental impact of food choices among consumers.

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According to the figures listed on Consumer Ecology website, peas have a 30.3 times lower environmental impact than beef burgers, with 48.7 times less GHG emissions, requiring 35.7 times less land, and utilizing 6.6 times less water. Governments and organizations are promoting the cultivation of pulses such as peas due to their positive impact on soil health and low carbon footprint. Supportive initiatives and investments in sustainable agriculture drives the market growth.

Pea Starch Market Report Attributes
Report Attribute	Details
Base Year:	2022
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	20%
Historical Data for:	2016 to 2022
No. of Pages:	170
Tables, Charts & Figures:	234
Segments covered:	Product, End-user and Region
Growth Drivers:	Advantages of pea as a rich starch source Developments in the North American and European food & beverage industry
Pitfalls & Challenges:	Lack of awareness about the product Mature market for starch obtained from other conventional sources

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Further, the food & beverage industry's inclination towards clean-label ingredients has propelled the adoption of pea starch as a preferred choice. As consumers analyze product labels for natural and recognizable ingredients, this product is free from allergens and additives. Its adaptability in various applications, such as bakery, confectionery, and meat products, further expands its usage, meeting the needs of manufacturers focusing to formulate healthier and more transparent food items.

The challenge of scalability in pea cultivation and processing hinders the industry expansion. Meeting the rising demand for the product on a large scale needs significant agricultural investment, effective supply chain management, and processing capabilities. Limited accessibility of arable land suitable for the cultivation and the necessity for advanced technologies in extraction and refinement processes pose obstacles to achieving economies of scale. Furthermore, fluctuating climatic conditions and crop yield variations can impact the consistent and reliable supply of peas, creating uncertainties for pea starch market players.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size of pea starch is estimated to grow at over 20% CAGR through 2032, attributed to the rising demand for plant-based and gluten-free products.

The food grade pea starch market will witness about 24% CAGR till 2032, as it is suitable for human consumption, and has a natural, clean-label appeal.

North America pea starch market is estimated to register gains at nearly 28% up to 2032, backed by the increasing consumer awareness and preference for plant-based and gluten-free products, rising popularity of meat alternatives and dairy-free products, and focus on sustainable and eco- friendly practices in agriculture.

Emsland-Starke, Oriental Protein Tech Company, Roquette Freres, The Scoular Company, American Key Products, Cosucra-Groupe, Shandong Jianyuan Bioengineering, Vestkorn Milling, and Yantai among others.