Global Pea Starch for Food Industry Market, By Grade (Food, Feed, Industrial), Application (Snacks and Savory Products, Soups and Sauces, Meat and Poultry Products, Confectionery Products, Bakery Products, Dairy Products), Source (Organic, Inorganic), Function (Binding and Thickening, Gelling, Texturizing, Film Forming, Other Functions), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Pea Starch for Food Industry Market
Pea starch for food industry market is expected to grow at a rate of 6.60% in the forecast period 2021 to 2028. Increasing demand for gluten-free food products which will likely to act as a factor for the pea starch for food industry market in the forecast period of 2021- 2028.
Pea starch is derived from yellow peas. It is made from pea flour, a common ingredient derived from peas. It offers outstanding thickening and gelling properties, which are superior to all other starches widely used. Pea starch is amylose-rich, and is known to be gluten-free. Pea starch is a non-allergenic, non-GMO plant. It holds 40 percent starch, and a white powder that is neutral in taste and colour is the native starch type. It is used in various verticals of the industry, such as food and beverages, feed, pharmaceuticals.
Increasing consumer preference for clean label food products, increasing adoption of convenience food, rising demand for modified starch from emerging economies, changes in consumer taste, due to increasing functional needs, high demand for pea starch in industrial applications, increasing production of pea in developed countries owing to its excellent thickening and gelling properties, increasing growth in bakery and textile industry are some of the major as well as vital factors which will likely to augment the growth of the pea starch for food industry market in the projected timeframe of 2021-2028. On the other hand, increasing demand from the pet food industry along with increasing consumer propensity for GMO-free and gluten free diets which will further contribute by generating massive opportunities that will lead to the growth of the pea starch for food industry market in the above mentioned projected timeframe.
Decrease in the production of dry pea along with rising effect of retrogradation on the functional properties of pea starch which will likely to act as market restraints factor for the growth of the pea starch for food industry in the above mentioned projected timeframe. Availability of substitute, prevalence of international and domestic food safety standards along with trade barriers which will become the biggest and foremost challenge for the growth of the market.
This pea starch for food industry market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pea starch for food industry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pea Starch for Food Industry Market Scope and Market Size
Pea starch for food industry market is segmented on the basis of source, grade, application and function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the pea starch for food industry market is segmented into organic, and inorganic.
- Based on grade, the pea starch for food industry market is segmented into food, feed, and industrial.
- Based on the application, the pea starch for food industry market is segmented into snacks and savory products, soups and sauces, meat and poultry products, confectionery products, bakery products, and dairy products.
- The pea starch for food industry market is also segmented on the basis of function. The function is segmented into binding and thickening, gelling, texturizing, film forming, and other functions.
Pea Starch for Food Industry Market Country Level Analysis
Pea starch for food industry market is analyses and market size, volume information is provided by country by source, grade, application and function as referenced above.
The countries covered in the pea starch for food industry market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Asia-Pacific dominates the pea starch for food industry market due to the growing demand for convenience foods, such as confectionery, sauces, and soups along with increasing usage of pea starches in processed food preparation in the region while North America region will expect to grow in the forecast period 2021 to 2028 because of increasing consumption of processed food and the growing demand for adhesives in a broad range of industrial applications in the region.
The country section of the pea starch for food industry market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pea Starch for Food Industry Market Share Analysis
Pea starch for food industry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pea starch for food industry market.
The major players covered in the pea starch for food industry report are Emsland Group; COSUCRA.; Roquette Frères.; Vestkorn; Ingredion Incorporated; Axiom Foods, Inc.; AM Nutrition.; AGT Food and Ingredients; Parrheim Foods; PURIS; Meelunie B.V.; The Scoular Company; Shandong Jianyuan group; Yantai Shuangta Food co., LTD; Dakota Ingredients; American Key Food Products.; Nutri-Pea.; Sinofi Ingredients; Sanstar Bio - Polymers Ltd.; Cargill, Incorporated.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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