The global market for Pea Starch was estimated at US$199.5 Million in 2023 and is projected to reach US$292.3 Million by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
As the food industry increasingly focuses on sustainability and ethical sourcing, pea starch has gained traction as a versatile and eco-friendly ingredient. Peas are known for their relatively low environmental impact, as they require less water and fertilizer compared to other crops. The growing awareness of these sustainability benefits has contributed to the increasing use of pea starch across various industries, including food and beverages, pet food, and even industrial applications like biodegradable packaging. Today, the market for pea starch has expanded globally, with a variety of applications ranging from meat alternatives and baked goods to cosmetics and personal care products.
In addition to food applications, advances in biotechnology and material science have expanded the use of pea starch into non-food sectors. For example, pea starch is increasingly being used as a biodegradable alternative in the packaging industry due to its ability to form strong films. Furthermore, innovations in the cosmetic and pharmaceutical industries have opened new doors for pea starch as a natural ingredient in personal care products, where its non-irritating, hypoallergenic properties are highly valued. These technological improvements have enhanced the functional properties of pea starch, making it a versatile ingredient across diverse industries and driving market growth.
Moreover, the rise of plant-based diets has fueled the demand for pea starch in the production of meat and dairy alternatives. As consumers shift away from animal-based products due to health, environmental, and ethical concerns, pea starch has emerged as a valuable component in creating plant-based foods with desirable textures and mouthfeel. For instance, pea starch is commonly used in meat substitutes to replicate the firm, chewy texture of meat, and in dairy-free products to enhance creaminess. The growing popularity of pea protein has also created opportunities for pea starch, as it is often a byproduct of pea protein extraction, further promoting sustainability and reducing waste in food production.
In addition, consumers are increasingly concerned about the environmental impact of the food they consume, driving demand for ingredients that are sustainably sourced and produced. Pea starch, which comes from a leguminous crop that improves soil health through nitrogen fixation, is seen as an environmentally friendly ingredient. This aligns with the growing consumer preference for plant-based products that have a lower carbon footprint compared to animal-based ingredients, further bolstering the demand for pea starch in various applications.
Another significant factor driving growth is the innovation in food processing technologies, which has improved the extraction and refinement of pea starch. These technological advancements have enhanced the functionality of pea starch, making it suitable for a broader range of applications, including gluten-free baking, snacks, and processed foods. Moreover, the byproduct of pea protein extraction, pea starch, supports the growing demand for protein-rich foods, further promoting sustainability by reducing food waste.
Additionally, the rising focus on sustainability in food production is boosting the demand for pea starch. Peas are recognized for their low environmental impact, and the cultivation of peas contributes to soil health by naturally fixing nitrogen. This aligns with the global push for more sustainable agricultural practices and reduces the overall carbon footprint of food production. The expansion of pea starch into non-food applications, such as biodegradable packaging and personal care products, has also contributed to market growth. With ongoing innovations in material science and biotechnology, the potential uses of pea starch continue to grow, making it a versatile and valuable ingredient across multiple industries.
Global Pea Starch Market - Key Trends & Drivers Summarized
How Has the Pea Starch Market Evolved Over the Years?
The pea starch market has experienced significant growth in recent years, driven by increasing demand for plant-based and clean-label ingredients in the food and beverage industry. Pea starch, derived from yellow peas, is valued for its high amylose content, excellent thickening properties, and neutral taste, making it a popular alternative to traditional starches such as corn, potato, and wheat. Initially, the use of pea starch was limited to niche applications, but its adoption has grown as consumers and manufacturers alike seek healthier, gluten-free, and allergen-free alternatives to conventional ingredients. The rise in veganism, vegetarianism, and flexitarian diets has further propelled the demand for plant-based ingredients, positioning pea starch as a key player in this evolving market.As the food industry increasingly focuses on sustainability and ethical sourcing, pea starch has gained traction as a versatile and eco-friendly ingredient. Peas are known for their relatively low environmental impact, as they require less water and fertilizer compared to other crops. The growing awareness of these sustainability benefits has contributed to the increasing use of pea starch across various industries, including food and beverages, pet food, and even industrial applications like biodegradable packaging. Today, the market for pea starch has expanded globally, with a variety of applications ranging from meat alternatives and baked goods to cosmetics and personal care products.
How Are Technological Advancements Shaping the Pea Starch Market?
Technological advancements in food processing and starch extraction have significantly shaped the pea starch market, allowing for better functionality, higher purity, and broader application. Innovations in starch extraction techniques have enabled producers to isolate pea starch with greater efficiency, enhancing its usability in food formulations. These advancements have resulted in pea starch varieties with improved gelling, binding, and thickening properties, making them suitable for a wider range of applications, from meat substitutes and dairy-free products to snacks and baked goods. The growing use of pea starch in the development of gluten-free and allergen-free food products has been one of the major drivers in this sector, as it helps manufacturers create products that meet the dietary needs of health-conscious consumers.In addition to food applications, advances in biotechnology and material science have expanded the use of pea starch into non-food sectors. For example, pea starch is increasingly being used as a biodegradable alternative in the packaging industry due to its ability to form strong films. Furthermore, innovations in the cosmetic and pharmaceutical industries have opened new doors for pea starch as a natural ingredient in personal care products, where its non-irritating, hypoallergenic properties are highly valued. These technological improvements have enhanced the functional properties of pea starch, making it a versatile ingredient across diverse industries and driving market growth.
How Is Changing Consumer Behavior Affecting the Pea Starch Market?
Changing consumer behavior has had a profound impact on the pea starch market, particularly as more consumers prioritize health, wellness, and sustainability in their purchasing decisions. The increasing awareness of food intolerances and allergies, such as gluten intolerance and celiac disease, has led to growing demand for gluten-free products. Pea starch, being naturally gluten-free, has become a preferred ingredient in the formulation of gluten-free baked goods, snacks, and processed foods. This aligns with the broader trend toward clean-label products, where consumers seek transparency in ingredient sourcing and prefer products made with simple, natural ingredients.Moreover, the rise of plant-based diets has fueled the demand for pea starch in the production of meat and dairy alternatives. As consumers shift away from animal-based products due to health, environmental, and ethical concerns, pea starch has emerged as a valuable component in creating plant-based foods with desirable textures and mouthfeel. For instance, pea starch is commonly used in meat substitutes to replicate the firm, chewy texture of meat, and in dairy-free products to enhance creaminess. The growing popularity of pea protein has also created opportunities for pea starch, as it is often a byproduct of pea protein extraction, further promoting sustainability and reducing waste in food production.
In addition, consumers are increasingly concerned about the environmental impact of the food they consume, driving demand for ingredients that are sustainably sourced and produced. Pea starch, which comes from a leguminous crop that improves soil health through nitrogen fixation, is seen as an environmentally friendly ingredient. This aligns with the growing consumer preference for plant-based products that have a lower carbon footprint compared to animal-based ingredients, further bolstering the demand for pea starch in various applications.
The growth of the pea starch market is driven by several factors…
The growth of the pea starch market is driven by several factors, including the increasing demand for plant-based and allergen-free ingredients, advancements in food processing technologies, and the rising awareness of sustainability. One of the primary drivers is the growing consumer shift toward plant-based diets and clean-label products. Pea starch, being a natural, gluten-free, and non-GMO ingredient, fits well within these consumer trends. Its use in meat alternatives, dairy-free products, and gluten-free foods has grown exponentially, as consumers seek healthier, more sustainable food choices. The versatility of pea starch in mimicking the texture and functionality of animal-based ingredients without compromising on quality has positioned it as a key ingredient in plant-based product formulations.Another significant factor driving growth is the innovation in food processing technologies, which has improved the extraction and refinement of pea starch. These technological advancements have enhanced the functionality of pea starch, making it suitable for a broader range of applications, including gluten-free baking, snacks, and processed foods. Moreover, the byproduct of pea protein extraction, pea starch, supports the growing demand for protein-rich foods, further promoting sustainability by reducing food waste.
Additionally, the rising focus on sustainability in food production is boosting the demand for pea starch. Peas are recognized for their low environmental impact, and the cultivation of peas contributes to soil health by naturally fixing nitrogen. This aligns with the global push for more sustainable agricultural practices and reduces the overall carbon footprint of food production. The expansion of pea starch into non-food applications, such as biodegradable packaging and personal care products, has also contributed to market growth. With ongoing innovations in material science and biotechnology, the potential uses of pea starch continue to grow, making it a versatile and valuable ingredient across multiple industries.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Food Grade Pea Starch segment, which is expected to reach US$165.8 Million by 2030 with a CAGR of a 6.1%. The Feed Grade Pea Starch segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $54.4 Million in 2023, and China, forecasted to grow at an impressive 5.3% CAGR to reach $45.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Pea Starch Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Pea Starch Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Pea Starch Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Pea Starch Market such as Agt Food And Ingredients, American Key Food Products, Axiom Foods, Cosucra Groupe Warcoing SA, Dakota Dry Bean and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 52 companies featured in this Global Pea Starch market report include:
- Agt Food And Ingredients
- American Key Food Products
- Axiom Foods
- Cosucra Groupe Warcoing SA
- Dakota Dry Bean
- Emsland Group
- Felleskjøpet Rogaland Agder
- Ingredion Incorporated
- Meelunie B.V.
- Nutri-Pea
- Parrheim Foods
- Puris Foods
- Roquette Freres
- Sanstar Bio-Polymers Ltd
- Shandong Jianyuan Group
- Sinofi Ingredients
- The Scoular Company
- Vestkorn Milling AS
- Yantai Oriental Protein Tech Co.
- Yantai Shuangta Food Co.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
Some of the 52 companies featured in this Global Pea Starch market report include:- Agt Food And Ingredients
- American Key Food Products
- Axiom Foods
- Cosucra Groupe Warcoing SA
- Dakota Dry Bean
- Emsland Group
- Felleskjøpet Rogaland Agder
- Ingredion Incorporated
- Meelunie B.V.
- Nutri-Pea
- Parrheim Foods
- Puris Foods
- Roquette Freres
- Sanstar Bio-Polymers Ltd
- Shandong Jianyuan Group
- Sinofi Ingredients
- The Scoular Company
- Vestkorn Milling AS
- Yantai Oriental Protein Tech Co.
- Yantai Shuangta Food Co.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 98 |
Published | December 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 199.5 Million |
Forecasted Market Value ( USD | $ 292.3 Million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |