" A winning Pea Starch Market report is an established source of information that presents with a telescopic view of the current market trends, situations, opportunities and status. This report helps clients recognize new opportunities and most important customers for their business growth and increased revenue. Moreover, the trends in consumer and supply chain dynamics are also recognized and then accordingly strategies about marketing, promotion and sales are interpreted for an extreme success. The report gives details about the top players and brands that are driving the market. The current market scenario and future prospects of the sector have also been examined in the comprehensive Pea Starch Marketing report.
Simplicity maintained in research method and application of best tools and techniques makes Pea Starch Market research report an exceptional. This market report provides an ideal window to the industry which explains what market definition, classifications, applications, engagements and market trends are. The report also gives description about the complete market analysis with inputs from industry experts. A market research analysis and estimations carried out in the credible Pea Starch Market report aids businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for outdoing the rivals.
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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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 |
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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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