Pea Starch Market Key Highlights:
- Market Size (2024): USD 135 Million
- Projected Market Size (2034): USD 466.44 Million
- CAGR (2024-2034): 13.2%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Pea Starch Market Definition
The pea starch market refers to the production, distribution, and use of this starch, which is derived from yellow peas and is processed differently from pea flour, which is the more common ingredient derived from peas. It has high amylose content, which provides resistance to temperature and pH changes in edible films. It is used in beverage ingredient solutions, bakery batters, and breading. This starch offers versatility and functional properties for edible films. It is typically used as a water binder, a thickener, and a stabilizer. There is a high demand for this starch in animal feed industries, textile, papers, cosmetics, and food & beverages sectors, which is driving the growth of the pea starch market.
However, the challenging factors of the market include a decrease in dry pea production, high competition, the need to adapt to changing market demands, and rapidly evolving technology which drive the growth of the market. The future scope of the market includes food industry innovation, regulatory changes, consumer preferences, and advancement in technology which will help to the growth of the pea starch market.
Pea Starch Market Segmentation:
By Nature
By Application
- Thickening and Binding
- Gelling
- Texturizing
- Others
By Grade
- Feed Grade
- Food Grade
- Industrial Grade
By End Use
- Soups and Sauces
- Snacks and Savory
- Bakery Products
- Cosmetics
- Pharmaceuticals
- Pet Food
- Others
Pea Starch Market Companies:
- Axiom Foods Inc.
- Dakota Dry Bean
- Parrheim Foods
- Cargill Inc.
- Vestkorn
- Roquette
- Sanstar Bio-Polymers
- Emsland Group
- American Key Products
- Others
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