A recent report published by Infinium Global Research on pea starch market provides in-depth analysis of segments and sub-segments in the global as well as regional pea starch market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional pea starch market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global pea starch market. According to the report, the global pea starch market is projected to grow at a CAGR of 6.8% over the forecast period of 2019-2025.
Pea starch is a rich source of vitamins, minerals, fiber, and phytonutrients. Also, it is a good source of calories and carbohydrate compared to other fruits, dairy products, and non-starchy vegetables. It is an important part of the balanced diet for proper growth of the body. Further, the protein-starch is a good source of amylose. It contains around one-third of amylose, which provides a good quality of thickening and gelling quality. Its thickening and gelling property are better than other types of starch used for this purpose. Owing to its excellent thickening and binding properties, it has several applications in the food & beverage industry. It is used for several purposes in the food industry such as confectionery, pasta, and noodles, snacks manufacturing. Additionally, it is used in the preservation of the meat, poultry, fish and seafood preservation.
The growing demand for a good source of thickening and gelling agent in the food processing industry is helping to grow demand for the pea starch in the food industry. The changing consumption habit of the young and middle-class consumers around the world is boosting the demand for the different type of processed food, baked food around the world. These processed food and baked food need a significant amount of starch-based ingredient for gelling and thickening purpose. The pea starch fulfills the requirement of the search for good quality of the thickening and gelling agents. Additionally, growing demand for vitamins, fiber-based pharmaceuticals products is helping to boost the demand for the pea starch in the near future.
Geographically, the global pea starch market is segmented by North America, Europe, Asia-Pacific, and RoW. North America is the leading market of the pea starch market, owing to the presence of several leading food processing and food retail chains companies in this area. The culture of consumption of the fast and processed food in this region is helping to grow the demand for pea starch-based gelling and thickening agents in this region. Additionally, the growing demand for vitamins and fiber-based pharmaceutical products in this region is helping to grow the demand for the pea starch market in the near future. Europe is the second-largest market for the pea starch market. The Asia-Pacific is the fastest-growing region for the pea starch market, owing to the growing demand for processed and baked food in this region.
The report on global pea starch market covers segments such as source, grade, application, and end user. On the basis of source, the sub-markets include organic, and inorganic. On the basis of grade, the sub-markets include food, feed, and industrial. On the basis of application, the sub-markets include thickening & binding, texturizing, gelling, and other applications. On the basis of end user, the sub-markets include food processing industry, pet food industry, pharmaceutical industry, and skin care industry.
The report provides profiles of the companies in the market such as Parrish & Heimbecker Limited, Dakota Dry Bean, Shandong Jianyuan Foods Co., Ltd., Cosucra Groupe Warcoing SA, Felleskjøpet Rogaland Agder (FKRA), Alliance Grain Traders Inc., Scoular, Meelunie B.V., Groupe Emsland, and Roquette Frères.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of pea starch market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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