Pea Starch Market: Insights
The worldwide market for pea starch will be driven by a high compound annual growth rate during the projected timeline from 2020 to 2026. Pea starch is primarily extracted from yellow peas and is subsequently processed separately from pea flour, a traditional pea-based ingredient. It is possible to distinguish pea starch from other native starches with a high amylose content found in the granules of pea starch. Peas contain around 40% starch and are a white powder, neutral in color and flavor. Growing in demand for gluten-free products along with the rising demand from the pet food industry, are some of the key drivers that are projected to accelerate the growth for pea starch. Moreover, the increased demand for pea fiber and protein from consumers is also driving the growth of the industry. The increasing demand for convenience food and increased demand for starch from unexplored manufacturing applications sectors are some of the factors expected to anticipate market growth. However, risk starching replacements, and decreasing in dry pea developments which are likely to adversely affect market growth during the forecast timeframe.
Pea Starch Market: By Grade
This market can be explained into three segments based on the grade, namely; food, industrial, and feed. The food industry is compensating for a substantial growth pattern in this business sector. Pea starch is widely used in food companies. In molecular breeding by key breeding institutions, mainly for crop applications, the marker-assisted selection is the most commonly adopted method. Moreover, during the projection era, the gluten-free property of pea starch is projected to drive this segment’s development and is another key driver driving positive market growth. Furthermore, industrial-grade is projected to anticipate the strongest-growth rate to boost market growth.
Pea Starch Market: By Source
By source the market is explained into inorganic, and organic. Amongst all the sources, the organic segment is predicted to contributes the most to the global revenue in the market and grow at a strong growth rate. This is attributed to the growing awareness about the health of individuals and raising the number of people who prefer organic products over inorganic products are the key reasons to boost the industry growth over the predicted timeline.
Pea Starch Market: By Application
This market can be represented in four segments, namely; feed, food & beverages, industrial, pet food, according to the application report. It will be easier than the latter to establish the food & beverage division. This is due to its diverse functional advantages; pea starch is largely used in food & beverages. It helps to enhance food products' texture, consistency, and quality. Pea starch supports food & beverage makers with low-fat, low-calorie, gluten-free, allergen-free, and GMO-free options.
Pea Starch Market: By Function
Based on the function analysis, gelling, texturizing, binding & thickening, film-forming, other functions can be defined in four segments. The binding & thickening segment is predicted to maintain a competitive advantage in pea starch during the forthcoming years. Increased demand for convenience food products and feed products of higher quality is expected to lead to this market’s development.
Pea Starch Market: By Region
The Pea Starch market is divided into Europe, Asia Pacific, North America, and the Middle East & Africa, among others, depending on the geographical area. The Asia-Pacific area is expected to see substantial growth at a high CAGR rate in developing regions. Some of the factors influencing business growth are the growing consumption of processed food and the rising demand for animal feed. Moreover, the increasing consumption volume of noodles is projected to spur demand growth in the APAC area in developed and emerging countries such as Japan, South Korea, and China, as the commodity is commonly used in the production of noodles and vermicelli.
Pea Starch Market: Share & Competitor Analysis
The key players competing in this market are Emsland Group, Roquette Freres, Meelunie B.V., Yantai Oriental Protein Tech Co., Ltd., Agt Food And Ingredients, Shandong Jianyuan Group, American Key Food Products, Nutri-Pea, Sanstar Bio-Polymers Ltd, Cosucra Groupe Warcoing SA, Vestkorn Milling AS, Ingredion Incorporated, Puris Foods, The Scoular Company, Sinofi Ingredients, Axiom Foods, Inc., Roquette Frères, Felleskjøpet Rogaland Agder, Oxford Nanopore Technologies, Yantai Shuangta Food Co., Ltd., Parrheim Foods, and Dakota Dry Bean, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2019, Beaute by Rouquette ST 720, 'a modern pea starch for the cosmetics market, was introduced by Roquette Frères.
Check the Press Release on Global Pea Starch Market Report
Pea Starch Market: By Grade
- Introduction
- Pea Starch Market, By Grade, 2019-2026 (USD Million)
- Food
- Food: Pea Starch Market, 2019-2026 (USD Million)
- Feed
- Feed: Pea Starch Market, 2019-2026 (USD Million)
- Industrial
- Industrial: Pea Starch Market, 2019-2026 (USD Million)
Pea Starch Market: By Source
- Introduction
- Pea Starch Market, By Source, 2019-2026 (USD Million)
- Organic
- Organic: Pea Starch Market, 2019-2026 (USD Million)
- Inorganic
- Inorganic: Pea Starch Market, 2019-2026 (USD Million)
Pea Starch Market: By Function
- Introduction
- Pea Starch Market, By Function, 2019-2026 (USD Million)
- Binding & thickening
- Binding & thickening: Pea Starch Market, 2019-2026 (USD Million)
- Gelling
- Gelling: Pea Starch Market, 2019-2026 (USD Million)
- Texturizing
- Texturizing: Pea Starch Market, 2019-2026 (USD Million)
- Film forming
- Film forming: Pea Starch Market, 2019-2026 (USD Million)
- Other Functions
- Other Functions: Pea Starch Market, 2019-2026 (USD Million)
Pea Starch Market: By Application
- Introduction
- Pea Starch Market, By Application, 2019-2026 (USD Million)
- Food & beverages
- Food & beverages: Pea Starch Market, 2019-2026 (USD Million)
- Snacks & savory products: Pea Starch Market, 2019-2026 (USD Million)
- Soups & sauces: Pea Starch Market, 2019-2026 (USD Million)
- Meat & poultry products: Pea Starch Market, 2019-2026 (USD Million)
- Confectionery products: Pea Starch Market, 2019-2026 (USD Million)
- Bakery products: Pea Starch Market, 2019-2026 (USD Million)
- Dairy products: Pea Starch Market, 2019-2026 (USD Million)
- Industrial
- Industrial: Pea Starch Market, 2019-2026 (USD Million)
- Pharmaceuticals: Pea Starch Market, 2019-2026 (USD Million)
- Textiles: Pea Starch Market, 2019-2026 (USD Million)
- Cosmetics: Pea Starch Market, 2019-2026 (USD Million)
- Paper: Pea Starch Market, 2019-2026 (USD Million)
- Others: Pea Starch Market, 2019-2026 (USD Million)
- Pet Food
- Pet Food: Pea Starch Market, 2019-2026 (USD Million)
- Dog food: Pea Starch Market, 2019-2026 (USD Million)
- Cat food: Pea Starch Market, 2019-2026 (USD Million)
- Ornamental bird & fish food: Pea Starch Market, 2019-2026 (USD Million)
- Others: Pea Starch Market, 2019-2026 (USD Million)
- Feed
- Feed: Pea Starch Market, 2019-2026 (USD Million)
- Swine Feed: Pea Starch Market, 2019-2026 (USD Million)
- Poultry Feed: Pea Starch Market, 2019-2026 (USD Million)
- Ruminant Feed: Pea Starch Market, 2019-2026 (USD Million)
- Other Feed: Pea Starch Market, 2019-2026 (USD Million)
Pea Starch Market: By Region
- Introduction
- Global Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- North America
- North America Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- By Grade
- North America Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- North America Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- North America Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- North America Pea Starch Market, By Application, 2019-2026 (USD Million)
- By Country
- U.S
- By Grade
- U.S Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- U.S Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- U.S Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- U.S Pea Starch Market, By Application, 2019-2026 (USD Million)
- Canada
- By Grade
- Canada Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Canada Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Canada Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Canada Pea Starch Market, By Application, 2019-2026 (USD Million)
- Mexico
- By Grade
- Mexico Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Mexico Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Mexico Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Mexico Pea Starch Market, By Application, 2019-2026 (USD Million)
- Europe
- Europe Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- By Grade
- Europe Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Europe Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Europe Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Europe Pea Starch Market, By Application, 2019-2026 (USD Million)
- By Country
- Germany
- By Grade
- Germany Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Germany Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Germany Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Germany Pea Starch Market, By Application, 2019-2026 (USD Million)
- UK
- By Grade
- UK Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- UK Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- UK Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- UK Pea Starch Market, By Application, 2019-2026 (USD Million)
- France
- By Grade
- France Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- France Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- France Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- France Pea Starch Market, By Application, 2019-2026 (USD Million)
- Italy
- By Grade
- Italy Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Italy Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Italy Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Italy Pea Starch Market, By Application, 2019-2026 (USD Million)
- Rest Of Europe
- By Grade
- Rest Of Europe Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Rest Of Europe Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Rest Of Europe Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Rest Of Europe Pea Starch Market, By Application, 2019-2026 (USD Million)
- Asia Pacific
- Asia Pacific Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- By Grade
- Asia Pacific Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Asia Pacific Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Asia Pacific Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Asia Pacific Pea Starch Market, By Application, 2019-2026 (USD Million)
- By Country
- China
- By Grade
- China Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- China Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- China Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- China Pea Starch Market, By Application, 2019-2026 (USD Million)
- Japan
- By Grade
- Japan Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Japan Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Japan Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Japan Pea Starch Market, By Application, 2019-2026 (USD Million)
- India
- By Grade
- India Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- India Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- India Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- India Pea Starch Market, By Application, 2019-2026 (USD Million)
- South Korea
- By Grade
- South Korea Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- South Korea Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- South Korea Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- South Korea Pea Starch Market, By Application, 2019-2026 (USD Million)
- Central & South America
- Central & South America Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- By Grade
- Central & South America Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Central & South America Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Central & South America Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Central & South America Pea Starch Market, By Application, 2019-2026 (USD Million)
- By Country
- Brazil
- By Grade
- Brazil Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Brazil Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Brazil Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Brazil Pea Starch Market, By Application, 2019-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Pea Starch Market, Regional Analysis, 2019-2026 (USD Million)
- By Grade
- Middle East & Africa Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Middle East & Africa Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Middle East & Africa Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Middle East & Africa Pea Starch Market, By Application, 2019-2026 (USD Million)
- By Country
- Saudi Arabia
- By Grade
- Saudi Arabia Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- Saudi Arabia Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- Saudi Arabia Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- Saudi Arabia Pea Starch Market, By Application, 2019-2026 (USD Million)
- UAE
- By Grade
- UAE Pea Starch Market, By Grade, 2019-2026 (USD Million)
- By Source
- UAE Pea Starch Market, By Source, 2019-2026 (USD Million)
- By Function
- UAE Pea Starch Market, By Function, 2019-2026 (USD Million)
- By Application
- UAE Pea Starch Market, By Application, 2019-2026 (USD Million)
The Global Pea Starch Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Pea Starch Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.