Pea Starch Market Growth, Size, Share, Trends, and Forecast 2032

According to the report published by Zion Market Research, the global Pea Starch Market size was valued at USD 75.02 Billion in 2023 and is predicted to reach USD 124.08 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.75% during the forecast period. The report analyzes the global Pea Starch Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Pea Starch Market industry.

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Global Pea Starch Market: Overview

Pea starch is extracted from yellow peas. It is manufactured from pea flour. It offers excellent gelling and thickening properties which are superior to several other used starches. Starch is highly rich in amylose and is gluten-free. Also, it is non-allergenic and non-GMO. It is a native starch that is white in color with neutral taste and available in powdered form in the market. It is highly utilized in different sectors like feed, pharmaceutical, food & beverage, and several other sectors.

Global Pea Starch Market: Growth Factors

One of the major factors driving the growth of the global pea starch market is the growing consumer demand for pea protein and fiber all across the globe. The product is regarded as a new starch-based ingredient in the food and feed sectors. It provides several nutritional benefits and is highly utilized in the preparation of lactose-free, allergen-free, and gluten-free solutions. The pea starch also facilitates a clean label for different processed foods like meat and baked goods due to its organic origins. The high adoption rate of pea starch as a thickening agent in a wide range of meals like meats, creams, sauces, delicatessen, pasta, and several others in the food & beverage sector will further boost the market demand.

Moreover, the various advantages associated with pea starch over other conventional sources like potato, rice, corn, and maize have significantly propelled the growth of the global pea starch market during the forecast period. Pea starch is rich in amylose and also offers greater stability under acidic, shear, and high heat conditions. Also, the growing awareness among people regarding the easy availability and benefits of pea starch will further escalate the growth of the global pea starch market during the forecast period.

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Global Pea Starch Market: Segmentation

The global pea starch market can be segmented into end-user, functional type and region.

By end user, the market can be segmented into textile, pharmaceuticals, paper, animal, feed, food & beverage, and several others. The food & beverage segment accounts for the largest share in the global pea starch market due to the growing utilization of pea starch in various snacks and ready-to-process products. Moreover, the product is regarded to be a better fat replacement ingredient in nutritional and convenience foods. It also consists of significant sources of protein and fiber.

By function, the market can be segmented into film-forming, texturizing, gelling, binding, thickening, and others. The gelling function segment holds the largest share in the global pea starch market due to the wide range of applications in food products and animal feeds due to the high content of amylose in it. Pea starch, when used as a gelling agent, intensifies the viscosity of the product without making any variations in the other properties. It is highly utilized in making soups, gravies, puddings, and sauces.

By type, the market can be segmented into industrial, food, and feed. The food-grade segment dominates the global pea starch market due to its better suitability of a product for human consumption. The product also offers high stability during the processing stage of the food products.

Pea Starch Market : Report Scope

Global Pea Starch Market: Regional analysis

Asia Pacific is expected to witness huge growth during the forecast period due to the high demand for convenience foods like soups, sauces, and confectioneries in the region. Moreover, the growing utilization of pea starch in the processing stage of food preparation is likely to significantly propel the growth of the regional market during the forecast period.

North America accounts for the largest share in the global pea starch market due to the presence of prominent market players in the region. Moreover, the growing demand for processed food in the region will further boost the growth of the regional market in the forecast period.

Global Pea Starch Market: Competitive Players

Some of the significant players in the global pea starch market are the:

• Scoular Company
• Emsland Group
• Yantai Oriental Protein Tech Co., Ltd.
• Cosucra Groupe Warcoing SA
• Vestkorn Milling AS
• Roquette Frères
• Puris
• Parrish & Heimbecker Limited
• Meelunie B.V.
• Axiom Foods Inc.

The Global Pea Starch Market is segmented as follows:

By End-user 

• textile 
• pharmaceuticals
• paper
• animal 
• feed 
• food & beverage 
• and several others

By Functional 

• film-forming 
• texturizing 
• gelling 
• binding 
• thickening
• and others

By Type 

• industrial
• food
• feed

Global Pea Starch Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.