The global pea starch market size was valued at USD 126.73 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 8.16% from 2023 to 2030. Pea starch market is expected to witness strong growth in the near future owing to the growing number of health conscious consumers and increasing demand for clean-labeled food products. Moreover, growing food processing sector coupled with the growing demand for pea starch from animal feed application are other key factors propelling market growth.
Global Pea Starch Market: Regional Insights
Regionally, the Asia-Pacific pea starch market is expected to witness growth at a considerable rate in the near future. This is largely due to the growing consumption of processed food and drinks, as well as growth in the cosmetics sector.
The Europe pea starch market is projected to witness fastest growth in the near future. This is mainly driven by the increasing demand for gluten-free and vegan products in the region. The increase in the number of people who suffer from celiac disease and wheat intolerance is also boosting growth of the market in this region.
Figure 1. Global Pea Starch Market Share (%), By Region
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Global Pea Starch Market Drivers:
Growing demand for free-from food ingredients to increase sale of pea starch market growth
Increasing awareness about health and the demand for clean-label products are driving market growth. According to the survey conducted by Food Marketing Institute in 2019, about 86% of consumers agreed to have a higher sense of trust for food products that provide access to complete and “easy-to-understand” ingredients listed on their labels. Food products bearing “free-from” claims are increasingly hitting the retail shelves and foodservice menus globally. For example, American Key Food Products offers natural, “clean label,” GMO-free, gluten-free, and allergen-free native pea starch for various end-user industries.
Wide use of pea starch with functional benefits to propel market growth
The wide use of pea starch, ranging from the food processing industry to animal feed and cosmetics , along with the rising awareness regarding its multifunctionality attribute, such as texturizing, gelling, binding, thickening, coating, and film-forming is accelerating market growth. According to the Roquette Frères survey, about one-third of the consumers in the European Union buy sports nutrition food products to meet their energy requirements on a daily basis. At the same time, health-driven consumers are actively seeking alternative sources of carbohydrates in functional food products, including active nutrition products with a low glycemic index.
Global Pea Starch Market Opportunities:
Grain free’ pet foods are gaining popularity in the market and this is expected to hold potential market opportunities. For instance, in April 2019, Ingredion launched PURITY P 1304 pea starch. It provides superior formulation functionality, helping manufacturers meet the consumer demand for grain-free, clean-label pet foods with an enhanced nutritional profile.
Dietary supplement produced from pea starches are expected to show promising market opportunities in the near future. For instance, in December 2019, Roquette Frères launched Roquette Pea Starch LN 30, a product suited for active nutrition applications that comes in powder shake and snack bar formats. Roquette digestibility analysis shows that this unique pea starch is slowly digested and might offer a sustained and easily available energy to perform.
Pea Starch Market Report Coverage
|Market Size in 2022:
|US$ 126.7 Mn
|Historical Data for:
|2017 to 2021
|2023 to 2030
|Forecast Period 2023 to 2030 CAGR:
|2030 Value Projection:
|US$ 237.36 Mn
Groupe Emsland, Roquette FreÌres, The Scoular Company, COSUCRA - Groupe Warcoing, Ingredion Incorporated, Axiom Foods Inc., Yantai Shuangta Food Co. Ltd, Vestkorn Milling AS, Puris, Meelunie BV, AGT Food and Ingredients Inc., and Shandong Jianyuan Bioengineering Co. Ltd
|Restraints & Challenges:
Global Pea Starch Market Trends:
Growing demand from processed poultry sector is a rising trend
Ready-to-cook or processed poultry products is a growing trend and there is a rise in demand for pea starch from pet sector as it is a sustainable sourced binding agent. For instance, in March 2019, Grupo Mantiqueira, launched a plant-based vegan egg, N.Ovo, made with pea starch and plant protein. This innovation is a like-for-like replacement for eggs when used as binding agents in cakes, bread, and other baked goods.
Rise in veganism is another major trend
According to the soylent, in America alone, the number of vegans in 2019 reached over 9.7 million. Moreover, projections for the future suggest that by 2040, only 40% of the global population will continue eating meat.
Global Pea Starch Market Restraints:
Easy availability of low-cost alternatives
Corn is a popular cereal grains which is consumed worldwide and has the highest starch content, among others. It has economical price range and high starch yielding capacity. For instance, 1 cup (141 grams) of corn kernels contains 25.7 grams of starch or 18.2% by weight. Such availability of low-cost substitute is projected to hinder the market growth.
Negative impact of Covid-19 on the global economy
The lockdown situation in several countries due to Covid-19 has directly or indirectly impacted wide range of industries leads to the shift in activities such as supply chain operations, production process, and product commercialization. Nevertheless, resumption of economy activities after covid1-9 will favor the market growth.
Figure 2. Global Pea Starch Market Share (%), By Segment Type
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Global Pea Starch Market Segmentation:
The global pea starch market report is segmented into source, application, and geography
Based on source, the market is segmented into Organic and Conventional. Out of which, Conventional is expected to dominate the global market over the forecast period and this is attributed to the growing demand for gluten-free products. Moreover, it is also less expensive source of starch compared to other popular starches. The conventional pea starch market was valued at USD 91.04 million in 2022, and it is expected to reach USD 162.61 million by 2030, registering a CAGR of 7.52% during the forecast period 2023-2030
Organic segment is also expected to witness significant growth in the near future and this is owing to the growing demand for clean-labeled products. Also, growing demand for low-carbs and high protein rich food and beverages is fueling segment growth. The organic pea starch market was valued at USD 35.69 million in 2022, and it is expected to reach USD 75.18 million by 2030, registering a CAGR of 9.76% during the forecast period 2023-2030
Based on application, the market is segmented into Food and Beverage, Animal Feed and Pet Food, and Clinical Nutrition and Cosmetics. Out of which, Food and Beverage is expected to dominate the global market over the forecast period and this is attributed to the growing demand from bakery products. It is used as a thickening agent or stabilizing agent in bakery products. The market for pea starch in the bakery product segment was valued at USD 6.47 million in 2022. It is expected to reach USD 13.78 million by 2030, registering a CAGR of 9.91% during the forecast period (2023-2030).
Clinical Nutrition and Cosmetics segment is also expected to witness significant growth in the near future and this is owing to the expanding cosmetic and pharmaceutical sector. The market for pea starch in clinical nutrition and cosmetics was valued at USD 12.91 million in 2022, and it is expected to reach USD 26.62 million by 2030, registering a CAGR of 9.47% during the forecast period (2023-2030).
Global Pea Starch Market: Key Developments
In May 2020, Emsland announced a partnership with Brenntag Group in Russia. Brenntag may take over the distribution of Emsland’s product portfolio for the food industry, as well as technical specialities, including starches, proteins, and fibers made from peas and potatoes.
In April 2019, Emsland announced a partnership with IMPAG Group in Poland. IMPAG Poland may take over the distribution of Emsland’s product portfolio for the food industry, which includes starches, proteins, and fibers made from peas and potatoes, along with potato flakes and granules.
In March 2021, Roquette Frères collaborated with Delpharm Evereux to develop a new softgel capsule with plant-based shell. Based on Roquette’s LYCAGEL pea starch softgel technology, this vegetarian softgel is composed of hydroxypropyl pea starch, carrageenan, and other functional ingredients. It meets the requirements for both nutraceutical supplement and pharmaceutical softgel products.
In December 2019, Roquette Frères launched Roquette Pea Starch LN 30, a product suited for active nutrition applications that comes in powder shake and snack bar formats. Roquette’s digestibility analysis shows that this unique pea starch is slowly digested and may offer a sustained and easily available energy.
In April 2019, The Roquette Frères launched a new pea starch for cosmetic applications, Beauté by Roquette ST 720. It is a great film-forming agent that creates flexible, smooth, and lasting protection on both skin and hair.
In May 2021, Gillco Ingredients and Cosucra Inc., the North American subsidiary of the parent company, Cosucra Groupe Warcoing SA, entered a distribution agreement. Gillco plans to distribute FIBRULINE and FIBRULOSE chicory root fiber specialty ingredients, as well as NASTAR native pea starch, SWELITE pea cell-wall fiber, and PISANE Organic pea protein, to end customers across multiple consumer sectors in the United States.
In October 2019, Cosucra announced its plans to open a second pea processing plant in Aarhus, Denmark, to further support its development in the plant- based food segment. Once completed, the facility will be jointly operated by its existing owner, AABT, and Cosucra.
In March 2019, Cosucra teamed up with Mexican FXM Ingredients to distribute its pea and chicory ingredients in Mexico. The MoU between the companies means Mexican manufacturers can use the application laboratory and culinary center at FMX Ingredients’ facility in Monterrey to test Cosucra’s ingredients.
Global Pea Starch Market: Key Companies Insights
The global pea starch market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global pea starch market are Groupe Emsland, Roquette FreÌres, The Scoular Company, COSUCRA - Groupe Warcoing, Ingredion Incorporated, Axiom Foods Inc., Yantai Shuangta Food Co. Ltd, Vestkorn Milling AS, Puris, Meelunie BV, AGT Food and Ingredients Inc., and Shandong Jianyuan Bioengineering Co. Ltd
*Definition: Pea starch is a versatile and natural food ingredient with several functional properties. It is a great choice for enhancing the texture and quality of various products such as bakery, sauces, soups, noodles, pasta, etc. It also has a strong ability to improve the hydration of meats, poultry, and other proteins as it binds water with high efficiency.
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