Uploaded on Mar 16, 2021
Market Research Future (MRFR) has published detailed report asserting that the global pea starch market is marked to expand remarkably at a CAGR of 11.3% during the forecast period of 2018-2023 and reach the valuation of USD 165.2 Mn by the end of the forecast period form USD 86.5 Mn in 2017. High starch content of about 40% makes peas a rich source of natural starch. Increasing demand for processed food due to changing lifestyle and rise in trend of gluten-free diet are inducing high demand for pea starch in the global market, resulting in the significant expansion of the global pea starch market.
Pea Starch Market Research Report to 2023
PEA STARCH MARKET REPORT 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
PEA STARCH MARKET 2020
Pea Starch Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Market Research Future (MRFR) has published detailed report asserting that the global pea starch market is
marked to expand remarkably at a CAGR of 11.3% during the forecast period of 2018-2023 and reach the
valuation of USD 165.2 Mn by the end of the forecast period form USD 86.5 Mn in 2017. High starch content of
about 40% makes peas a rich source of natural starch. Increasing demand for processed food due to changing
lifestyle and rise in trend of gluten-free diet are inducing high demand for pea starch in the global market,
resulting in the significant expansion of the global pea starch market. The low-calorie formulation and high
nutritional value pea starch make it an excellent additive for the diet conscious population. Hence, rise in
popularity of the concept of dieting in order to maintain a healthy lifestyle is fueling the expansion of the global
pea starch market. However, allergic reaction caused by peas are likely to act as restraining factor on the
expansion of teh global pea starch market during the forecast period.
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PEA STARCH MARKET 2020
MARKET SEGMENTATION
The global pea starch market has been segmented on the basis of grade, application and function. Based on
grade, the global pea starch market has been segmented into food, feed and industrial. Among these, the food
segment commands the major share in the global pea starch market owing to the high demand for this product
in the food and beverages industry. The industrial segment is forecasted to be the fastest growing segment in
the global pea starch market owing to the increasing demand for pea starch in various end-use industries.
Based on application, the global pea starch market has been segmented into food and beverages, industrial, pet
food and others. Among these, the food and beverages segment commands the major share in the global pea
starch market owing to the high demand for pea starch for preparation of various food products. The industrial
application segment is forecasted to be the fastest growing segment in the global pea starch market. Based on
function, the global pea starch market has been segmented into binding and texturing, gelling, film forming,
texturizing and others. Among these, the binding and thickening segment is dominating the global pea starch
market. Whereas, the gelling segment is anticipated to be the fastest growing segment in the global pea starch
market during the forecast period.
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PEA STARCH MARKET 2020
REGIONAL ANALYSIS
Geographically, the Global Pea Starch Market has been segmented into four major regions such as North
America, Europe, Asia Pacific and the Middle East and Africa. The Asia Pacific region is marked to expand
significantly in the global pea starch market owing to the high consumption of pea starch for the preparation of
noodles and vermicelli. Rapid expansion of food and beverages industry in this region is also aiding the growth
of the pea starch market in the Asia Pacific region. High demand for pea starch as animal feed and increased
consumption of processed food as a result of changing lifestyle are propelling the growth of the pea starch
market in the North America region. The pea starch market in the Europe region is projecting noteworthy
expansion owing to the rise in demand for processed food and increasing utilization of pea starch in various
end-use industries multiple purposes in this region.
Browse Report @
https://www.marketresearchfuture.com/reports/pea-starch-mark
et-6736
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PEA STARCH MARKET 2020
Application & Major Players in this Research:
Pea Starch Market Prominent Players:
• Emsland Group
• Roquette Freres
• Vestkorn Milling AS
• Cosucra Groupe Warconing SA
• Shandong Jianyuan Group
• Meelunie B.V
• Parrish And Heimbecker, ltd.
• Axiom Foods
• Puris Foods
• AND MORE
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st/6736
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