Pea Starch Market Size, Analysis and Forecast

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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.

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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

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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

  • Development of Gluten-Free and Allergen-Free Food Items
  • Increasing Applications in Food Industry Creates Demand

 

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.

What insights readers can gather from the Pea Starch Market report?

  • Learn the behavior pattern of every Global Pea Starch Market -product launches, expansions, collaborations and acquisitions in the market currently.
  • Examine and study the progress outlook of the global Pea Starch Market landscape, which includes, revenue, production & consumption and historical & forecast.
  • Understand important drivers, restraints, opportunities and trends (DROT Analysis).
  • Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Pea Starch Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Pea Starch Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Pea Starch Market size

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