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Pea Starch Market worth $496.46 million by 2030, growing at a CAGR of 7.69% - Exclusive Report by 360iResearch
Pea Starch Market | 360iResearch
The Global Pea Starch Market to grow from USD 295.38 million in 2023 to USD 496.46 million by 2030, at a CAGR of 7.69%.
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Pea starch is extensively used in various applications such as gelling, texturizing, and thickening & binding, as it offers key performance and functionality benefits. Pea starch possesses substantial gelling properties, which aids in forming a gel in water at a much lower dosage than other starches, making it an ideal gelling native starch. Consumers are always seeking food with great texture and taste, made with clean labels & recognizable ingredients, and pea starch provides all these preferred attributes without compromising the color and taste of the food. However, the presence of various alternative starches and decreasing production of dry peas are expected to impede the utilization of pea starch. In addition, an increase in demand for pea starch from the pet food industry and continuous developments in the food & beverages industries offer robust growth opportunities for adopting pea starch.
In North America, the large-scale production of dry peas, the well-established food & beverage industry, rising demand for convenience and processed foods, and increased demand for gluten-free food products increase the adoption of pea starch. European countries such as the United Kingdom, Germany, Italy, Russia, and France are growing in utilizing pea starch among consumers due to growth in gluten-free products followed by the ongoing trend of veganism. In Asia-Pacific countries such as China, India, and Japan, the growing number of youngsters regularly indulging in sports and athletic activities has increased the consumption of dietary supplements containing starch as an ingredient. Developing countries such as China and India are utilizing native pea starches due to rapid industrial growth in these countries.
Market Segmentation & Coverage:
This research report categorizes the Pea Starch Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Source, market is studied across Inorganic and Organic. The Organic is projected to witness significant market share during forecast period.
Based on Grade, market is studied across Feed, Food, and Industrial. The Industrial is projected to witness significant market share during forecast period.
Based on Application, market is studied across Gelling, Texturizing, and Thickening & Binding. The Texturizing is projected to witness significant market share during forecast period.
Based on End User, market is studied across Food Processing Industry, Pet Food Industry, Pharmaceutical Industry, and Skin Care Industry. The Food Processing Industry is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Pea Starch Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Pea Starch Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Pea Starch Market, highlighting leading vendors and their innovative profiles. These include 21food.com, A&B Ingredients, Inc., Agridient B.V., Agridient Inc., AGT Food and Ingredients Inc., American Key Food Products LLC, Aminola B.V., Axiom Foods, Inc., Barentz International B.V., Barentz International BV, Bioway (Xi'An) Organic Ingredients Co.,Ltd., Birkamidon Rohstoffhandels GmbH, Codrico Rotterdam B.V., Cosucra, Dakota Ingredients, Devson Impex Private Limited, Dutch Ingredient Company B.V., Ebro Foods, S.A., Flottweg SE, Foodchem International Corporation, Foodcom S.A., Gillco Ingredients, Hangzhou Pekhill Foods Co., Ltd., Healy Group, Ingredion Incorporated, Jiujiang Tiantai Food Co., Ltd., Laybio, Leroma GmbH, Makendi WorldWide, Meelunie B.V., Nutraonly (Xi'an) Nutritions Inc., NutriPea LP, P&H Milling, Inc., Prinova Group LLC, PURIS, Qingdao Opal Industrial Co., Ltd., Roquette America Inc., Roquette Frères S.A., Royal Ingredients Group B.V., Sanstar Bio - Polymers Ltd., Savour of Asia, Shandong Jianyuan Group, Stauber Performance Ingredients, Inc., STDM Food and Beverages Private Limited, The BakeRite Company, The Scoular Company, Vestkorn by Koninklijke DSM N.V., Voleba, and Yantai Shuangta Food Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Pea Starch Market, by Source
7. Pea Starch Market, by Grade
8. Pea Starch Market, by Application
9. Pea Starch Market, by End User
10. Americas Pea Starch Market
11. Asia-Pacific Pea Starch Market
12. Europe, Middle East & Africa Pea Starch Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Pea Starch Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Pea Starch Market?
3. What is the competitive strategic window for opportunities in the Pea Starch Market?
4. What are the technology trends and regulatory frameworks in the Pea Starch Market?
5. What is the market share of the leading vendors in the Pea Starch Market?
6. What modes and strategic moves are considered suitable for entering the Pea Starch Market?
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