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Pea Starch Market Trends

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

Pea Starch Market Trends

Pea starch, being a plant-based ingredient, is finding progressive usage in a variety of food products as a gluten-free alternative. As consumers become more conscious of their dietary habits, there is a surge in demand, notably in segments such as snacks, bakery, and dairy alternatives. The global push toward sustainable and eco- friendly practices is influencing the industry growth as well. Governments, organizations, and consumers are continually realizing the importance of sustainable agriculture, and the product is gaining favor for its ability to enrich soil health. Pea starch is being recognized as a sustainable ingredient, aligning with the broader trend of environmentally conscious choices in the food and manufacturing sectors.
 

There is an emphasis on technological developments in extraction and processing methods. Manufacturers are investing in R&D to enhance the functionality, texture, and stability of the product, expanding its applications in various food and non-food industries. This leads to product innovations that cater to the necessities of different sectors, such as the pharmaceutical and textile industries, where pea starch is gaining recognition for its unique properties.

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.

Pea Starch Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 234
  • Countries covered: 23
  • Pages: 170
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