The global pea starch market is valued at USD 143 million in 2021 and is projected to reach nearly USD 203 million by 2026, growing at a CAGR of 7.2%. The market for pea starch is segmented on the basis of grade, application, functioning, source and product type. On the basis of different grade the market has been segmented into food, feed and industrial segment. By different application the market of pea starch market has been segmented into food & beverages, industrial, pet food and feed. Food & beverages segment is further segmented into snacks & savory products, soups & sauces, meat & poultry products, confectionery products bakery products and dairy products. The industrial segment is further segmented into pharmaceuticals, textiles, cosmetics, paper and other industrial application. Pet food segment is further bifurcated into dog food, cat food, ornamental birds & fish food and other pet food. Feed segment is further segmented into swine, poultry, ruminants and other feed applications. By source, the market has been segmented into organic and inorganic source. By different function the market has been segmented into binding & thickening, gelling, texturizing, film forming among others. By different product type the market has been segmented into modified and native. Modified starch segment is further segregated into pregelatinized, maltodextrins, cationic pea starch and others.
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On the basis of region, the global pea starch market is segmented into North America, Europe, Asia Pacific, South America, and Rest of the World (including Africa and the Middle East). The Asia Pacific market is projected to be the largest and fastest-growing market for pea starch and majorly witnesses increased consumption of noodles and vermicelli in the region, as it helps in enhancing the texture of food products. In the North American and European regions, the consumption of convenience foods, dairy products, bakery products, and meat products has increased, which has driven the demand for pea starch among food manufacturers. According to the United States Department of Agriculture (USDA), the demand for convenience food products has increased among consumers, due to the low prices of convenience food products over the years and less preparation time for food products.
This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the pea starch market. It includes the profiles of leading companies, such as Yantai Shuangta Food Co., Ltd. (China), AGT Food and Ingredients (Canada), Emsland Group (Germany), Cosucra Groupe Warcoing SA (Belgium), Roquette Frères (France), Ingredion Incorporated (US), and Axiom Foods Inc. (US).
Pea starch is widely used in the textile industry for textile sizing and cotton yarns. Due to the easy de-sizing and various properties, starches from the adhesive component can be customized according to the requirement during the process of size mix. Furthermore, pea starches are cost-effective in comparison with other alternatives, such as corn, wheat, and potato starch, and also possess relatively similar chemical properties to cotton and rayon. The global textile industry has witnessed growth in recent years due to the abundant supply of raw materials such as wool, cotton, jute, and silk. Pea starch is widely used for finishing or sizing the cloth after it is woven, wrap sizing preparatory to weaving, and printing some types of fabrics. It is also used in higher quantities for laundering in both home and commercial institutions. Thus, the increase in the usage of pea starch in the textile industry is projected to drive the market growth.
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The pet food market is driven by two primary trends globally. These trends are premiumization and humanization. There is a growing trend of pet humanization as a “family member” among owners. Due to this, there is a rise in demand for premium pet food with nutritional benefits, better digestibility, and improved ingredient quality for pets. Considering this changing human tendency, the major players, such as Ingredion (US), are including pea starch as an ingredient in their products. Pea starch is a source of carbohydrates in pet food. It contains thickening and gelling properties, which enhance the palatability and quality of the kibble. Pea starch offers lactose-free, gluten-free, and allergen-free solutions while also working as an effective binder in pet food products. With the increase in consumption of pet food products, the demand for pea starch as an important ingredient is projected to grow in the coming years.
The global pea starch market is valued at USD 143 million in 2021 and is projected to reach nearly USD 203 million by 2026, growing at a CAGR of 7.2%. The market for pea starch is segmented on the basis of grade, application, functioning, source and product type. On the basis of different grade the market has been segmented into food, feed and industrial segment. By different application the market of pea starch market has been segmented into food & beverages, industrial, pet food and feed. Food & beverages segment is further segmented into snacks & savory products, soups & sauces, meat & poultry products, confectionery products bakery products and dairy products. The industrial segment is further segmented into pharmaceuticals, textiles, cosmetics, paper and other industrial application. Pet food segment is further bifurcated into dog food, cat food, ornamental birds & fish food and other pet food. Feed segment is further segmented into swine, poultry, ruminants and other feed applications. By source, the market has been segmented into organic and inorganic source. By different function the market has been segmented into binding & thickening, gelling, texturizing, film forming among others. By different product type the market has been segmented into modified and native. Modified starch segment is further segregated into pregelatinized, maltodextrins, cationic pea starch and others.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78961382
On the basis of region, the global pea starch market is segmented into North America, Europe, Asia Pacific, South America, and Rest of the World (including Africa and the Middle East). The Asia Pacific market is projected to be the largest and fastest-growing market for pea starch and majorly witnesses increased consumption of noodles and vermicelli in the region, as it helps in enhancing the texture of food products. In the North American and European regions, the consumption of convenience foods, dairy products, bakery products, and meat products has increased, which has driven the demand for pea starch among food manufacturers. According to the United States Department of Agriculture (USDA), the demand for convenience food products has increased among consumers, due to the low prices of convenience food products over the years and less preparation time for food products.
This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the pea starch market. It includes the profiles of leading companies, such as Yantai Shuangta Food Co., Ltd. (China), AGT Food and Ingredients (Canada), Emsland Group (Germany), Cosucra Groupe Warcoing SA (Belgium), Roquette Frères (France), Ingredion Incorporated (US), and Axiom Foods Inc. (US).
Pea starch is widely used in the textile industry for textile sizing and cotton yarns. Due to the easy de-sizing and various properties, starches from the adhesive component can be customized according to the requirement during the process of size mix. Furthermore, pea starches are cost-effective in comparison with other alternatives, such as corn, wheat, and potato starch, and also possess relatively similar chemical properties to cotton and rayon. The global textile industry has witnessed growth in recent years due to the abundant supply of raw materials such as wool, cotton, jute, and silk. Pea starch is widely used for finishing or sizing the cloth after it is woven, wrap sizing preparatory to weaving, and printing some types of fabrics. It is also used in higher quantities for laundering in both home and commercial institutions. Thus, the increase in the usage of pea starch in the textile industry is projected to drive the market growth.
Request for Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=78961382
The pet food market is driven by two primary trends globally. These trends are premiumization and humanization. There is a growing trend of pet humanization as a “family member” among owners. Due to this, there is a rise in demand for premium pet food with nutritional benefits, better digestibility, and improved ingredient quality for pets. Considering this changing human tendency, the major players, such as Ingredion (US), are including pea starch as an ingredient in their products. Pea starch is a source of carbohydrates in pet food. It contains thickening and gelling properties, which enhance the palatability and quality of the kibble. Pea starch offers lactose-free, gluten-free, and allergen-free solutions while also working as an effective binder in pet food products. With the increase in consumption of pet food products, the demand for pea starch as an important ingredient is projected to grow in the coming years.
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