North America Pea Starch Market is forecasted to grow with a significant CAGR of 6.9% owing to factors such as rising awareness about a healthy diet among consumers. Increased consumption of plant-based products is also a major driver for the growth of the North America pea starch market.
However, fluctuating prices of raw materials are acting as a major restraint to the market.
North America Pea Starch Market Scenario
According to Data Bridge Market Research, the dominating region in the market is North America, with 40.7% of the market share in 2020 in the North America pea starch market. The market leader is Roquette Frères, which accounts for an estimated market share of approximately 33.95 %. The company has gained outstanding sales through their businesses of manufacturing and selling of a variety of pea starch. The market is witnessing continuous product integration and expanding its business in the market.
For instance,
- In December 2019, Roquette Frères launched a new product owing to the increasing demands of consumers, which is Roquette pea starch L.N. 30. By this, the company has fulfilled the demands of consumers, and it will add to the growth of the starch segment of the company. It is suitable for applications that come in powder shake and snack bar formats.
Trends Impacting the North America Pea Starch Market
The pea starch market is becoming more competitive every year due to consistently increasing demand. Companies such as Roquette Frères, Axiom Foods, Inc. Meelunie B.V. are the market leaders for North America pea starch market. Data Bridge Market Research's new reports highlight the major growth factors and opportunities in the pea starch market.
Now the question is which other regions Roquette Frères, Axiom Foods, Inc. Meelunie B.V. are targeting? Data Bridge Market Research has estimated the largest growth in North America pea starch market due to awareness of health benefits among the consumers of North America, and the market leaders are targeting U.S. and Canada to be their next revenue pockets for 2020.
For more analysis on the North America pea starch market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-pea-starch-market
Pea Starch Market Development in 2021
- In March 2021, PURIS has named the most innovative food company of 2021 by "Fast Company Magazine" for launching a new high-protein pea variety that can be grown at a large scale by commercial farmers around the United States. Normally confined to the mid-west and Canada, this new pea variety is viable across six climate zones and is being grown in California and Arizona. Hence, it can be cultivated almost year-round, helping farmers harvest more. This achievement will ultimately help the company grow its pea starch market.
Scope of the North America Pea Starch Market
All analysis of the North America pea starch market is further analyzed based on maximum granularity into further segmentation, which is bifurcated on the basis of modification methods, source, product, form, grade, function, and application. On the basis of modification methods, the North America pea starch market is segmented into the chemical modification and physical modification. On the basis of source, the North America pea starch market is segmented into inorganic/GMO and organic/Non-GMO. On the basis of product, the North America pea starch market is segmented into native pea starch and modified pea starch. On the basis of form, the North America pea starch market is segmented into powder and liquid. On the basis of grade, the North America pea starch market is segmented into food, feed, and industrial. On the basis of function, the North America pea starch market is segmented into binding & thickening, gel-forming, texturizing, film-forming, coating swelling & solubility, enzymatic & acidic hydrolysis, others. On the basis of application, the North America pea starch market is segmented into food & beverages, pharmaceutical & nutraceuticals, industrial, feed, and others.
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Key Pointers Covered in Pea Starch Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- American Key Food Products,
- Roquette Frères
- Axiom Foods, Inc.
- EMFOOD TRADING B V
- Parrheim Foods
- Yantai Shuangta Food co., LTD
- Healy Group
- AM Nutrition
- COSUCRA
- PURIS
- Shandong Jianyuan group
- AGT Food and Ingredients
- Meelunie B.V.
- Vestkorn
- The Scoular Company
- Dakota Ingredients
- Royal Ingredients Group
- Agridient Inc.
- Euroduna Food Ingredients GmbH
- NISCO ApS
- MUBY CHEMICALS
- Nutri-Pea
- QINGDAO OCEAN HEALTH INTERNATIONAL
- Birkamidon
- ORGANICWAY
- Herba Ingredients B.V.
- Shandong jindu talin foods co., ltd
- Bioway (Xi'An) Organic Ingredients Co.,Ltd
- Naturz Organics
- Exeller N.V.
- Shandong Huatai food Co., Ltd.
- Sanstar Bio - Polymers Ltd.
- Sinofi Ingredients
- Partner-M
- Yantai Oriental Protein Tech Co., Ltd.
- P-Build Limited
- U-KaOrganics
- IDYL Biotech (yantai) Ltd
- SOTEXPRO
- Foodchem International Corporation
- Nutraonly (Xi'an) Nutritions Inc
- Yosin Biotechnology (Yantai) Co., Ltd.
- CBH
- STDM Food & Beverages Private Limited
- Allright GC (Jinan) Biotechnology Ltd.
- Redox
- Smart Ingredients and Specialties Private Limited
- Innopack International
- Proclive Solutions
- Beijing Yuanzhongfu Trading Co., Ltd.
Above are the key players covered in the report to know about more and exhaustive list of pea starch market companies' contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-pea-starch-market
Research Methodology: North America Pea Starch Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: pea starch Manufacturer, Industry Professionals, and Researchers
- Supply Side: CEO's, V.P.'s, Marketing/Product Managers, Market Intelligence Managers and National Sales Managers
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