Pea Starch Market by Source, Grade, Product Type, Application, Function and Regional Competitive Landscape

"The pea starch market is projected to grow at a CAGR of 6.2% during the forecast period."

According to Researcher, the pea starch market size is estimated to be valued at USD 156 million in 2022 and is projected to reach USD 211 million by 2027, recording a CAGR of 6.2% during the forecast period in terms of value. The growth in the processed and packaged food markets directly impacts the growth of the pea starch market. Due to growth in the processed food & beverages market, the demand for pea starch is also growing at a rapid pace. Apart from this, the market is also driven by factors such as the integrated use of pea starch in the textile industry, growth in demand for gluten-free products, and the cost-effectiveness of manufacturing pea starch. The pea starch market has been witnessing significant demand in developing countries such as China and India due to rising awareness of healthy and natural ingredients in food products, along with increasing production of food and feed products in these countries.

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"By grade, food segment is expected to grow at the highest growth rate during the forecast period."

The food segment is expected to grow at the highest growth rate during the forecast period. This is because of its varied applications in the bakery, confectionery, dairy, and savory & snacks segments. Because of its gluten-free nature and enhanced functionalities of gelling, thickening, binding, and texturizing, pea starch is used in food applications. Moreover, it is used in noodles, meat, frying, soups and sauces, pasta, canned products, dairy products, confectionery, extruded snacks, and breakfast cereals. It is largely used for improving palletization and texture.

"By application, food & beverages segment is expected to grow at the highest growth rate during the forecast period."

The food & beverages segment dominated the global pea starch market due to the increase in consumption of processed food and ready-to-eat meal products among consumers. The food & beverages segment is projected to grow at the highest CAGR during the forecast period due to the increase in the trend of clean-label products. Moreover, it is largely used for rendering food products with the required texture, consistency, and stability. Pea starch is a clean-label substitute for modified starch derived from potato and corn. Pea starch has witnessed acceptance in recent years in the food & beverage industry due to the increase in demand for natural or organic ingredients over inorganic ingredients. Pea starch is mostly used in soups, sauces, and snacks, as it acts as an excellent thickener and texturizer in these products.

"By product type, modified starch segment is expected to grow at the highest growth rate during the forecast period."

The modified starch segment, based on product type, is projected to account for the largest share during the forecast period. Modification of pea starch is required from both dry and wet milling operations using extrusion technologies and drum drying. Drum drying is done to obtain gelatinized starch pastes and non-gelatinized starch slurries. Before drum drying, starches are mixed with different ratios of water and starch to obtain the slurry or pre-gelatinized form by heating to obtain the paste. The drum-dried slurry and paste samples are then milled to reduce the particle size for analytical purposes.

Pea starch, a natural and gluten-free ingredient derived from yellow peas, is poised to become a driving force in the future of food production and sustainable agriculture. With its unique properties and numerous benefits, pea starch is finding its way into an array of products and industries.

In the realm of food, pea starch is emerging as a healthy alternative to traditional thickeners and binders. Its neutral taste, excellent gelling ability, and high amylose content make it a versatile ingredient for enhancing texture and stability in a wide range of products, from soups and sauces to baked goods and dairy alternatives. As consumer demand for plant-based and allergen-free options grows, pea starch offers an appealing solution.

The future of pea starch extends beyond the culinary world. In the manufacturing of biodegradable plastics, packaging materials, and textiles, pea starch is proving to be an eco-friendly substitute for petroleum-based components. Its renewability and compostability contribute to reducing the environmental impact of various industries.

Pea starch also holds promise in the realm of health and wellness. With its low glycemic index and potential prebiotic properties, it may contribute to better blood sugar control and gut health. Research into its functional attributes and health benefits is ongoing, paving the way for innovative applications in dietary supplements and functional foods.

As sustainability and conscious consumerism drive market trends, the future of pea starch shines bright. Its multifaceted potential as a food ingredient, sustainable material, and health-promoting substance positions pea starch as a transformative player in shaping a more eco-friendly and health-conscious future.

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This release was published on openPR.