Food Grade Pea Starch Market Size 2024 to 2031.

Market Overview and Report Coverage

Food grade pea starch is a type of starch extracted from peas that is used in various food applications as a thickening agent, stabilizer, and gelling agent. It is gaining popularity due to its clean label, non-allergenic, gluten-free, and non-GMO properties, making it a preferred choice among consumers.
The Food Grade Pea Starch Market is expected to experience significant growth in the coming years, with a forecasted CAGR of 11.90%. The increasing consumer preference for natural and clean label ingredients, rising demand for gluten-free and plant-based products, and the growing awareness about the health benefits of pea starch are some of the key factors driving the market growth.
In addition, the food and beverage industry's continuous innovation in product development and formulation to cater to the changing consumer preferences and dietary requirements is expected to further boost the demand for food grade pea starch. With the increasing focus on sustainability and environmental concerns, pea starch is also seen as a more environmentally friendly alternative to other starches, further driving its adoption in various food applications.
Overall, the future outlook of the Food Grade Pea Starch Market looks promising, with ample opportunities for growth and expansion in the coming years.

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Market Segmentation
The Food Grade Pea Starch Market Analysis by types is segmented into:
• Organic
• Conventional

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Food Grade Pea Starch is available in both organic and conventional types in the market. Organic pea starch is produced without the use of synthetic pesticides or fertilizers, following strict organic farming practices. It appeals to consumers looking for natural and sustainable options. On the other hand, conventional pea starch is more widely available and typically less expensive than organic options. Both types offer similar functional properties and can be used in a variety of food applications.

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The Food Grade Pea Starch Market Industry Research by Application is segmented into:
• Candy
• Dairy Products
• Snacks
• Spaghetti
• Other

Food grade pea starch is widely used in various food applications including candy, dairy products, snacks, spaghetti, and other markets. In candy production, it is used as a thickening agent and binder. In dairy products, it can improve texture and creaminess. In snacks, it provides crispiness and crunch. In spaghetti, it enhances the cooking properties and texture. Additionally, it is utilized in other food markets for its versatility and functionality as a clean label ingredient.

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In terms of Region, the Food Grade Pea Starch Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Food Grade Pea Starch market?
Some emerging trends in the global food grade pea starch market include increasing demand for plant-based ingredients, growing popularity of clean label products, and rising interest in sustainable and environmentally friendly ingredients. Additionally, the rising awareness about the health benefits of pea starch, such as its gluten-free, non-GMO, and allergen-free properties, is driving its adoption in various food and beverage applications. Manufacturers are also focusing on product innovation and offering customized solutions to meet the diverse needs of consumers. Overall, the food grade pea starch market is expected to experience significant growth in the coming years due to these emerging trends.

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Major Market Players
Roquette is one of the key players in the competitive food grade pea starch market. The company has a long history in the industry, with over 80 years of experience in plant-based ingredients. Roquette has been focusing on developing sustainable and innovative products to cater to the changing consumer demands. The company has witnessed significant market growth in recent years, owing to the increasing popularity of plant-based ingredients in the food and beverage industry.
Cosucra is another prominent player in the food grade pea starch market, known for its high-quality pea ingredients. The company has a strong presence in Europe and has been expanding its market reach globally. With a focus on sustainable and natural ingredients, Cosucra has seen steady growth in its market share.
Yantai Oriental Protein Tech is a leading player in the food grade pea starch market with a strong presence in the Asia-Pacific region. The company has been investing in research and development to enhance its product portfolio and meet the growing demand for plant-based ingredients. Yantai Oriental Protein Tech has been successful in capturing a significant market share in the region.
In terms of sales revenue, companies like Roquette, Ingredion Incorporated, and Emsland-Starke have reported impressive financial performance in recent years. For instance, Roquette reported sales revenue of over $3.5 billion in 2020, reflecting its strong market position and growth momentum. Similarly, Ingredion Incorporated and Emsland-Starke have reported sales revenue of over $6 billion and $1.5 billion, respectively, showcasing their robust presence in the food ingredient market.

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