Pea Starch: Market Introduction

Pea starch is polysaccharide which function as carbohydrate store and widely used in various industries such as food and beverages, feed industry, pharmaceuticals, cosmetics, textile and others. Dried peas are also used for protein and starch extraction and starch extracted from the dried peas have various functional properties which can be employed in various applications.
 

pea starch market


Dried peas are one of the most versatile pulse, which can be used for various purposes. Pea starch are gluten free, natural, clean label and non GMO. Pea starch contain high amount of amylose (35%) due to which it has very high capacity to retrograde into a firm opaque gel. Furthermore, pea starch is slow digestible starch, which is proving to be a good option for obese people to control the hunger. Pea starch is tasteless, odorless white powdery carbohydrate, abundantly present in pea.

There are three grades of pea starch: food grade, feed grade and industrial grade and accordingly used on the basis of suitability and demand. The food grade starch is used in the food and pharmaceutical industry, to manufacture various end products such as baked goods, meat processing, frying, and others. Pea starch is mainly used as texturizing, gelling and thickening and binding agent in various products.

Pea starch: Market Outlook

High starch yield output of pea is one of the prominent growth drivers for the pea starch market. Growing consumption of convenience food, growth in bakery industry, growing textile industry are some of the major factors that are anticipated to fuel the growth of pea starch market in the near future. Furthermore, increasing health conscious population in the global food and beverage market with nutrition-rich foods and beverages, with an authentic brand commitment to quality, taste, and flavor is also contributing in the growth of pea starch market.

In the global pea starch market, pea starch has gained significant applications in pharmaceutical, food processing industry, and baking industry. Pea starch are also very popular among food service providers.  The aforementioned factors are influencing manufacturers to adopt pea starch, which is driving growth of the global pea starch market. The global pea starch market is segmented on the basis of source, grade, application and end use. On the basis of nature, the global pea starch market is segmented into organic and conventional pea starch.

Many manufacturers are seeking to develop products with pea starch to cater the burgeoning consumer demand for nutritional and sustainable foods. They are also offering convenience and on-the-go foods with a healthy twist to satiate the millennial palates of consumers. Apart from all the above mentioned factors, the increasing awareness among population is also contributing in the growth of pea starch market.

The Demand of Pea Starch in Gluten-free Bakery Is Rising

The buzz of gluten free is at the peak among health conscious customers and gluten susceptible population, which is a key reason escalating the demand of pea starch in the baked products. In the global food and beverage market, the demand of gluten free is rising abruptly and more customers are switching towards gluten free diet. According to a data from Ingredion Inc., 11 million people suffer from celiac disease and more than 70 million suffer from wheat intolerance.

Pea starch is gaining the demand in gluten free baking, as baked goods with pea starch perform remarkably well to provide desired texture and structure to baked goods. Owing to this characteristics, it is proving to be replacement for the potato, corn, tapioca starch without deteriorating the quality. In addition, pea starch Pea starch provides strong, firm and sliceable gel upon cooling. It has been used to extend sliced turkey, beef burgers, chicken breast, chicken nuggets, sausages and many other meats.

Increasing Demand of Pea Starch in Textile Industry to Boost Market Revenue

In textile industry, pea starch is generally used for textile sizing and especially for cotton yarns. During size mix process, starch form adhesive component due to factors such as easy de-sizing, and its properties can be tuned according to the requirement. In addition, as compared to other substitutes starch are cost effective and its chemical properties relatively similar to rayon and cotton.

Global textile industry is anticipated to witness a significant growth during the forecast period, especially in emerging markets such as China and India. With the increasing demand of starch in textile industry, it can be expected theta the demand of pea starch will increase in coming years.

  • In 2014, global textile mills market was valued at over US$ 700 Bn and anticipated to increase 1.3X during 2014–2019.
  • In 2013, global apparel & non-apparel manufacturing market was valued at over US$ 750 Bn and is expected to increase 1.3X during 2013–2018.
  • In 2013, China accounted for 34.8% and 38.6% of global export of textile and clothing, respectively.

Pea starch Market: Introduction

The proposed market report of TMR on the global pea starch market evaluates the opportunities in the current market, and provides updates and insights corresponding to different segments involved in the global pea starch market over the forecast period 2018-2027. The global pea starch market report further exhibits the estimated data for 2018, and forecast data up to 2027 in terms of value (US$ Mn) and volume (MT).

The present study exhibits the trends and market dynamics of the pea starch market in six major regions - North America, Latin America, Europe, Japan, Asia Pacific, and the Middle East and Africa. The report also includes the study of the current issues with consumers and various future opportunities for the pea starch market.

Pea starch Market: Report Description

The report explores the global pea starch market for the period 2018–2027. The primary objective of the report is to provide insights into the key developments in the market that are consistently supporting the transformation of global businesses that are associated with pea starch. It is very important to consider that, in an ever-wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate in addition to the Compound Annual Growth Rate (CAGR) for the overall forecast, to better understand the analysis and evaluation of the global pea starch market, and to discover equitable opportunities.

Yet another key feature of this report is that, the estimation of the global pea starch market and the corresponding revenue forecast is carried out in terms of absolute dollar opportunity. This is usually not prioritized while forecasting overall market numbers. Absolute dollar opportunity analysis is very essential in evaluating the degree of opportunity that a provider can observe to execute, as well as to contrast the potential resources from a sales perspective in the global pea starch market.

The report starts with an elaborate executive summary, the market definition of various segmentations that are included, and their respective shares in the global pea starch market. The report further incorporates the major macroeconomic factors that have an effect on the growth of the pea starch market. The report also highlights the various market dynamics, which includes the drivers, restraints, opportunities, and trends in the global pea starch market. The report further underlines the study of the present issues with industrial processing and opportunities for the growth of pea starch market. It also encompasses value chain analysis that provides a structural view of overall profitability from the manufacturers to the end users of the pea starch market. It also comprises detailed information about the recent technologies that are used in the processing of pea to make high quality pea starch.

In order to provide users with a clear view of the global pea starch market, we have exhibited a competitive analysis of key market players and their strategic expansions. The competitive dashboard presents a detailed comparison of pea starch manufacturers on valuable parameters such as key product offerings, total revenue, key developments, and key strategies. The study intensifies the global pea starch market attractiveness analysis by nature, grade, application, end user and region.

To give deep-dive information about the global pea starch market, the report also provides trade analysis. The report comprises the top five major countries that have a major share in the production and consumption of pea starch. In addition, the report also enlists major exporters and importers to obtain deep insights about the demand and supply of pea starch across the world. Furthermore, the report also contain the regulatory guidelines which are the important for the manufacturers to maintain the standard of the pea starch. The major regulatory authorities such as FDA and other regional authorities which are responsible for maintaining the grade of pea starch.

To evaluate the overall market size of pea starch, the report considers various fundamental aspects based on secondary research. Furthermore, it emphasizes quantitative evaluation such as market shares by product type, nature, end user, distribution channel, region, and other qualitative data from primary respondents, which have been consolidated to arrive at clear and accurate market estimations. The forecast presented in the pea starch market report arrives at the total revenue being generated, and the expected revenue contribution in the future by the global pea starch market.

Detailed profiles of companies that manufacture pea starch are included in the report to analyze their developmental strategies, key product offerings, and recent developments, as they have a significant role in the global pea starch market. Major market players covered in the pea starch market report are Axiom Foods, Inc., Puris Foods, Vestkorn Milling AS, Roquette Freres, Emsland Group, Meelunie B.V., The Scoular Company, AGT Food and Ingredients, Felleskjøpet Rogaland Agder, Cosucra Groupe Warconing SA, Yantai Oreintal Protein Tech Co., Shandong Jianyuan Group, Dakota Dry Bean, and Parrish Heimbecker, ltd., and others.

Pea starch Market: Segmentation

The subsequent sections analyze the global pea starch market on the basis of nature, grade, application, end user, and region, and presents a forecast for the period 2018–2027. The market is segmented as follows:

Nature

  • Organic
  • Conventional

Grade

  • Food
  • Feed
  • Industrial

Application

  • Thickening and Binding
  • Texturizing
  • Gelling
  • Others

 End User

  • Soups and sauces
  • Snacks and savories
  • Bakery Products
  • Food Processing Industry
  • Pet Food Industry
  • Pharmaceuticals
  • Cosmetics

Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Europe
    • EU5
    • Russia
    • Poland
    • Rest of Europe
  • Japan
  • Asia Pacific
    • China
    • India
    • ASEAN
    • Australia & New Zealand
    • Rest of APAC
  • Middle East & Africa
    • GCC Countries
    • Ethiopia
    • North Africa
    • South Africa
    • Rest of MEA