Pea Starch Market was valued at USD 196.8 million in 2021 and is expected to reach USD 288.19 million by the year 2028, at a CAGR of 5.6%.
Pea Starch Market was valued at USD 196.8 million in 2021 and is expected to reach USD 288.19 million by the year 2028, at a CAGR of 5.6%.
Compared to other frequently used starches, pea starch has superior thickening and gelling properties due to its high amylose content (35%). Additionally, the characteristics of native pea starch are improved shorten stability, higher temperature, and acidity. Pea flour, the basic substance made from peas, is handled differently than pea starch, which is primarily sourced from yellow peas. Peas are also a white powder with a neutral flavor and color that contains about 40% starch. Because pea starch granules have a high amylose content, they can be modified to resemble other natural starches. Pea starch has significant gelling properties as a result.
Players Covered in Pea Starch market are:
Cargill Inc. (US), Coscura Groupe Warcoing SA (Belgium), Parheim Foods (Canada), Puris Foods (United States), Felleskjopet Rogaland Agder (United States), Roquette Freres (France), Vestkorn Milling AS (Norway), Shandong Jianyuan Group (China), Emsland Group (Germany), Ingredion Incorporated (United States), Axiom Foods Inc. (United States), AGT Food and Ingredients (Canada), Ingredion (US) and others Major Players.
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The global Pea Starch market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Pea Starch market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Pea Starch Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Pea Starch market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts.
Segmentation Analysis of the Pea Starch Market
By Type
By Source
By Application
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Regional Analysis of Pea Starch Market:
Throughout the course of the research period, the Asia Pacific region retained a sizable market share and is anticipated to grow at the fastest CAGR in the future years. The area has made a significant contribution to the rising demand for convenience goods like candy, sauces, and soups. The growing need for native starches, a large customer base, and the growing use of pea starches in processed food preparation are expected to be the main drivers of the regional market's growth.
Due to its status as the world's largest producer and exporter of pea starch, North America is roughly anticipated to hold the largest market share during the projected timeframe. Due to the growing use of processed foods and the increased need for adhesives in a variety of industrial applications, the region is also anticipated to continue being a significant consumer in the market.
By Region
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Jan 15, 2024