Global Pea Starch Market Growth Future Demand, Challenges, Top Companies and Forecast 2030

Inkwood Research evaluates that the Global Pea Starch Market is predicted to register a CAGR of 8.16% in terms of revenue during the forecast period, 2019-2028.
"Browse 25 Market Data Tables and 36 Figures spread over 110 Pages, along with an in-depth TOC on the Global Pea Starch Market Forecast 2019-2028."

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Pea starch is a carbohydrate product rich in protein and native starch. It is also rich in amylose, thereby enhancing its gel-forming properties. It is available as a by-product of protein extraction. It is therefore considered as a relatively cheap source of starch in comparison to other starches. Modified pea starches are utilized for varied industrial applications.

Growing Preference for Clean Label Food Products Propels Market Growth
Consumers, across the globe, are seeking a balance in their healthy lifestyle, with flexible eating habits. The bakery segment is witnessing an increased demand for products that enhance health & well-being. Pea starch is a key ingredient in gluten-free bakery goods. It takes the place of the traditional gluten-free ingredients like tapioca starch, rice flour, and potato starch. The increasing food trade across the globe, growing concern related to food safety & quality, and complexities in food products, have resulted in a rising demand for innovative food processing methods and ingredients, all of which contribute significantly to the global pea starch market growth. There is also a growing inclination towards healthy food ingredients. Therefore, the demand for food products free of synthetic additives and harmful chemicals, are rapidly growing.
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Food and Beverages - The Dominating & Fastest-Growing Application by 2028
Pea starch has extensive applications in the food industry. It can be utilized as a thickener in soups and sauces, given the fact that it provides thicker consistency in comparison to corn starch, and therefore a small quantity can be used. It further provides strong, sliceable, and firm gel upon cooling. It is utilized for extending the shelf life of sausages, sliced turkey, chicken breast, beef burgers, etc. At present, pea starch is highly utilized in meat applications.
Further, it enhances the thickness, smoothness, and consistency of beverages. It enables cold storage ability and freeze-thaw stability in beverages. Native pea starch is a clean label alternative to modified pea starch. It provides gelling, film-forming, and thickening properties to the ingredients. Thus, the food and beverages industry is set to witness the increasing adoption of pea starch during the forecast period, given the surging demand for various food products.

Asia Pacific to Register Fast-paced Growth by 2028
The Asia Pacific region is predicted to be a lucrative market for pea starch, with new prospects likely to be discovered during the projected period. The region has the benefit of the presence of emerging countries like Australia, Indonesia, India, China, that offer a conducive space for starch manufacturers to establish their foothold in the Asia Pacific. Also, the economic policies of the countries attract the investments of eminent market players across the globe.
The market encompasses key players, which influence brand loyalty. The surging demand for gluten-free and organic food opens up avenues for new entrants in the market. Some of the prominent players in the market include, Meelunie BV, Emsland Group, American Key Products Inc, Agridient Inc, etc.

Related Reports:
GLOBAL BAKERY INGREDIENTS MARKET
GLOBAL ORGANIC SPICES MARKET
GLOBAL ORGANIC DAIRY FOOD & BEVERAGE MARKET

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