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Data Bridge Market Researchunveils a comprehensive study of Market, presented in a visually compelling format for effective data absorption. Key insights are readily evident through insightful graphs, charts, and figures, empowering informed decision-making.
Data Bridge Market Research analyzes that the global pea starch market which was USD 271.49 million in 2022, is likely to reach USD 421.89 million by 2030, and is expected to undergo a CAGR of 6.50% during the forecast period of 2023 to 2030
"Data Bridge Market research has recently published the comprehensive business research on Global Pea Starch Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Pea Starch Market analysis report covers detailed value chain analysis of the market.
Pea Starch Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The report assists in outlining brand awareness, market landscape, possible future issues, industry trends and customer behaviour about  industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The Pea Starch Market business report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.
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Market Definition
Pea starch is a natural carbohydrate extracted from peas, a leguminous plant. It is a fine, white powder with a neutral taste and odour. Pea starch is known for its versatile properties and is widely used in the food industry as a thickener, stabilizer, and gelling agent. It is a gluten-free and non-GMO ingredient, making it suitable for various dietary preferences. Pea starch offers excellent binding and moisture retention capabilities, making it valuable in the formulation of processed foods, snacks, and bakery products. In addition, it is recognized for its potential as a sustainable and plant-based alternative to other starch sources. Pea starch plays a significant role in meeting the growing demand for clean-label, allergen-free, and environmentally friendly ingredients in food production.
Pea Starch Market Dynamics
Drivers
- Growing demand for clean-label products
Consumers are scrutinizing product labels for ingredients they can understand and trust, with a growing emphasis on healthier dietary choices and greater health awareness. The demand for clean-label foods has expanded significantly as consumers seek to avoid artificial and chemical additives. Pea starch aligns well with this trend, as it is a natural ingredient derived from peas, free from genetically modified organisms (GMOs) and allergens, making it a clean-label-friendly choice.
Pea starch's allergen-friendly and gluten-free properties make it a versatile and clean-label ingredient in various food applications. It caters to individuals with dietary restrictions or food allergies, further driving the demand for clean-label foods. The growing demand for allergen-free and gluten-free products has created opportunities for pea starch as a clean and transparent ingredient.
- Rise of plant-based diets, vegetarian and vegan options
Plant-based diets have gained immense popularity due to their perceived health benefits, ethical considerations, and environmental sustainability. As consumers shift away from animal-derived products and embrace plant-based alternatives, the demand for ingredients like pea starch has surged.
The rise of health-conscious and environmentally aware consumers has led to an increasing preference for plant-based diets. Pea starch, derived from a sustainable and eco-friendly source, aligns with these trends. It serves as a vital ingredient in the development of plant-based products such as meat substitutes, dairy alternatives, and gluten-free foods, meeting the demand for healthier and planet-friendly options. The expansion of plant-based diets is opening new avenues for pea starch as a versatile and sustainable ingredient in the food industry.
Opportunity
- Development of gluten-free and allergen-free food items
With the increasing awareness of celiac disease, gluten sensitivity, and food allergies, there is a growing demand for safe and palatable alternatives. Pea starch, being naturally gluten-free and allergen-free, is well-positioned to cater to this expanding consumer segment.
Consumers with celiac disease or gluten sensitivity, as well as those with allergies to common food allergens, seek out gluten-free and allergen-free products for their health and safety. Pea starch offers a clean-label, non-allergenic solution for formulating gluten-free baked goods, snacks, and other food products without compromising taste or texture. This market opportunity aligns with the broader trends of health-conscious eating, further boosting the demand for pea starch in the food industry. The use of pea starch in gluten-free and allergen-free foods helps manufacturers create products that meet the needs of these consumers while also contributing to the growth of the pea starch market.
Pea starch Market Scope
The pea starch market is segmented on the basis of modification methods, source, product, form, grade, function, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Pea starch Market Regional Analysis/Insights
North America is expected to dominate the pea starch market due to increase in demand of natural products in the region. Asia-pacific is the fastest growing region in the pea starch market due to the nutritional content it offers to the health conscious citizens.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.  Â
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Pea Starch Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Pea Starch Market.
Table of Content:
Section 01: Executive Summary
Section 02: Scope of The Report
Section 03: Research Methodology
Section 04: Introduction
Section 05: Market Landscape
Section 06: Market Sizing
Section 07: Five Forces Analysis
Section 08: Market Segmentation by Product
Section 09: Market Segmentation by Application
Section 10: Customer Landscape
Section 11: Market Segmentation by End-User
Section 12: Regional Landscape
Section 13: Decision Framework
Section 14: Drivers and Challenges
Section 15: Market Trends
Section 16: Competitive Landscape
Section 17: Company Profiles
Section 18: Appendix
The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
- What are the key factors driving the Pea Starch Market?
- What are the challenges to market growth?
- Who are the key players in the Pea Starch Market?
- What are the market opportunities and threats faced by the key players?
Some of the major players operating in the pea starch market are:
- Roquette frères (France)
- AGT Food and Ingredients (Canada)
- Puris Foods (U.S.)
- Meelunie B.V. (Netherlands)
- The Scoular Company (U.S.)
- Shandong Jianyuan Group (China)
- American Key Food Products (U.S.)
- Dakota Dry Bean (U.S.)
- Royal Ingredients Group B.V. (Netherlands)
- Agridient Inc (Netherlands)
- Euroduna Food Ingredients GmbH (Germany)
- NISCO ApS (U.K.)
- COSUCRA (Belgium)
- EMFOOD TRADING BV (Netherlands)
- Parrheim Foods (Canada)
- Yantai Shuangta Food co., LTD (China)
- Healy Group (Ireland)
- AM Nutrition (U.S.)
- Vestkorn (Norway)
- NutriPea (Canada)
- ORGANICWAY (China)
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