Press release
Nature Pea Starch Market Size 2024 to 2031.
Market Overview and Report CoveragePea starch, also known as pea flour or pea protein, is a natural ingredient derived from yellow peas that is used as a thickening agent, stabilizer, or gelling agent in various food applications. It is a gluten-free and non-GMO alternative to traditional starches, making it popular among consumers looking for healthier and more sustainable options.
The current outlook for the Nature Pea Starch Market is positive, with increasing demand for clean label products driving growth in the food and beverage industry. Pea starch is being used in a wide range of applications, including baked goods, snacks, meat products, and dairy alternatives, due to its functional properties and nutritional benefits. Additionally, pea starch is gaining popularity in the pet food and pharmaceutical industries as a natural and versatile ingredient.
Looking ahead, the Nature Pea Starch Market is projected to grow at a CAGR of 4.10% during the forecasted period. This growth is expected to be driven by factors such as the rising consumer interest in plant-based and natural ingredients, as well as the increasing awareness of the health benefits of pea starch. With its versatile applications and sustainability profile, pea starch is positioned to continue gaining traction in the global market.
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Market Segmentation
The Nature Pea Starch Market Analysis by types is segmented into:
• Industry Grade
• Food Grade
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Nature pea starch is classified into two main market types: Industry Grade and Food Grade.
Industry Grade pea starch is primarily used in non-food sectors such as papermaking, textiles, and adhesives. It is valued for its ability to provide texture, viscosity, and binding properties in various industrial applications.
On the other hand, Food Grade pea starch is specifically designed for use in the food industry, where it serves as a thickening agent, stabilizer, or filler in a wide range of food products to enhance texture and improve product quality.
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The Nature Pea Starch Market Industry Research by Application is segmented into:
• Meats Processing
• Snack
• Asian Pastas
• Industrial Applications
• Other
Nature pea starch is a versatile ingredient that is used in various applications in the food industry. In meat processing, it is used as a binder and stabilizer. In snacks, it helps to improve texture and crispiness. In Asian pastas, it provides a smooth and glossy finish. In industrial applications, it is used in adhesives, coatings, and paper products. Additionally, it is also being explored for potential use in other markets such as pet food, pharmaceuticals, and cosmetics.
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In terms of Region, the Nature 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 Nature Pea Starch market?
Some emerging trends in the global pea starch market include the growing demand for plant-based and clean label ingredients, as consumers seek healthier and sustainable food options. There is also a rise in the use of pea starch as a gluten-free alternative in various food applications, particularly in the bakery and snacks industry. Moreover, technological advancements in processing methods are leading to improved functional properties of pea starch, making it a versatile ingredient for food manufacturers. Additionally, increasing awareness about the benefits of pea starch, such as its high nutritional value and digestibility, is driving its adoption in various food and beverage products.
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Major Market Players
Roquette is a leading player in the pea starch market, with a strong presence in Europe, North America, and Asia-Pacific. The company has a long history of innovation and has been actively involved in research and development to expand its product offerings. Roquette's market growth has been steady over the years, thanks to its focus on quality, sustainability, and customer-centric approach.
Cosucra is another key player in the pea starch market, with a strong foothold in Europe. The company is known for its high-quality pea ingredients and has been investing in expanding its production capacity to meet the growing demand for plant-based products. Cosucra has witnessed significant market growth in recent years, as consumer preferences shift towards healthier and sustainable food options.
Emsland Group is a prominent player in the pea starch market, with a global presence and a diverse product portfolio. The company has a strong focus on sustainability and has been investing in research and development to enhance its product offerings. Emsland Group's market size has been expanding steadily, driven by the increasing demand for plant-based ingredients in various food applications.
In terms of sales revenue, Roquette reported sales of over $4 billion in 2020, while Cosucra and Emsland Group reported sales of around $200 million and $500 million, respectively. These figures highlight the strong market position of these companies and their significant contribution to the pea starch market.
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