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Pea Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global pea starch market reached a value of US$ 121.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 193.4 Million by 2027, exhibiting a CAGR of 7.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Pea starch is a new starch-based ingredient with a neutral taste, which is derived from yellow peas. It is rich in amylose, phytic acids, vitamins, antioxidants, minerals, thiamine, saponins and oxalates. As it offers nutritional benefits, such as improving muscle growth and increasing metabolism, it is widely used as a binding, gelling and thickening agent in sauces, soups, noodles, pasta and meat products. Pea starch also provides a crispy coating to frying batters and acts as a binder in processed meats. As a result, it finds extensive application in feed, textile, cosmetics, food and beverage (F&B) industries around the world.

 

 
 

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Pea Starch Market Trends:

Significant growth in the F&B industry across the globe on account of rapid urbanization, rising population and inflating income levels of individuals represents one of the key factors creating a positive outlook for the market. Pea starch is widely utilized in the preparation of bakery items, pasta, noodles and soups as it provides higher sustainability. Additionally, the widespread product adoption in the pharmaceutical industry for coating tablets and capsules and film-forming is positively influencing the market. Moreover, an increasing number of gluten-sensitive and health-conscious people are providing an impetus to the market growth. Pea starch is used as it has additional nutritional content, lower calorie content, and lactose and gluten-free formulation. In line with this, the escalating demand for convenient, ready-to-eat (RTE) food products due to the busy schedules and hectic lifestyles of the masses are favoring the market growth. Other factors, including the widespread product utilization in cosmetic products, such as creams, serums and lotions and the textile industry for textile sizing and cotton yards, are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pea starch market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, function and application.

Breakup by Type:

  • Organic and Non-GMO
  • Conventional
     

Breakup by Function:

 

 
 

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  • Binding and Thickening
  • Gelling
  • Texturizing
  • Film Forming
  • Others
     

Breakup by Application:

  • Food and Beverages
  • Feed
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Key Products Inc., Axiom Foods Inc., Cosucra, Emsland Group, Herba Ingredients B.V., Ingredion Incorporated, Meelunie B.V. (Hoogwegt Groep B.V.), Puris, Roquette Frères, The Scoular Company, Vestkorn Milling AS (Koninklijke DSM N.V.) and Yantai Shuangta Food Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Function, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Key Products Inc., Axiom Foods Inc., Cosucra, Emsland Group, Herba Ingredients B.V., Ingredion Incorporated, Meelunie B.V. (Hoogwegt Groep B.V.), Puris, Roquette Frères, The Scoular Company, Vestkorn Milling AS (Koninklijke DSM N.V.) and Yantai Shuangta Food Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global pea starch market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global pea starch market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global pea starch market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Pea Starch Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Organic and Non-GMO
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Conventional
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Function
    7.1    Binding and Thickening
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Gelling
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Texturizing
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Film Forming
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Application
    8.1    Food and Beverages
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Feed
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    American Key Products Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Axiom Foods Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Cosucra
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Emsland Group
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Herba Ingredients B.V.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Ingredion Incorporated
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Meelunie B.V. (Hoogwegt Groep B.V.)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Puris
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Roquette Frères
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 SWOT Analysis
        14.3.10    The Scoular Company
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 SWOT Analysis
        14.3.11    Vestkorn Milling AS (Koninklijke DSM N.V.)
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Yantai Shuangta Food Co. Ltd.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Pea Starch Market: Major Drivers and Challenges
Figure 2: Global: Pea Starch Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Pea Starch Market: Breakup by Type (in %), 2021
Figure 5: Global: Pea Starch Market: Breakup by Function (in %), 2021
Figure 6: Global: Pea Starch Market: Breakup by Application (in %), 2021
Figure 7: Global: Pea Starch Market: Breakup by Region (in %), 2021
Figure 8: Global: Pea Starch (Organic and Non-GMO) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Pea Starch (Organic and Non-GMO) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Pea Starch (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Pea Starch (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Pea Starch (Binding and Thickening) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Pea Starch (Binding and Thickening) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Pea Starch (Gelling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Pea Starch (Gelling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Pea Starch (Texturizing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Pea Starch (Texturizing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Pea Starch (Film Forming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Pea Starch (Film Forming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Pea Starch (Other Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Pea Starch (Other Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Pea Starch (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Pea Starch (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Pea Starch (Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Pea Starch (Feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Pea Starch (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Pea Starch (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Pea Starch Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Pea Starch Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Pea Starch Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Pea Starch Industry: SWOT Analysis
Figure 78: Global: Pea Starch Industry: Value Chain Analysis
Figure 79: Global: Pea Starch Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Pea Starch Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pea Starch Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Pea Starch Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 4: Global: Pea Starch Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Pea Starch Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Pea Starch Market: Competitive Structure
Table 7: Global: Pea Starch Market: Key Players


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