- May 2021 |
- Food and Beverage / Food Ingredients
Global Pea Starch Market, By Source (Organic, Inorganic); Function (Binding and Thickening, Gelling, Texturizing, Film Forming, Others); Application (Food and Beverages, Feed, Pet Food, Industrial); By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa); Trend Analysis, Competitive Market Share & Forecast, 2021-2027
Global Pea Starch Market Size - Industry Trends & Forecast Report 2027
The global pea starch market was worth USD 135.2 Million in 2020 and is further projected to reach USD 215.6 Million by 2027, at a CAGR of 6.7 % during 2021-2027 (forecast period). Global demand for pea starch is projected to be driven by rising consumer demand for natural or plant-based ingredients. The demand for pea starch is expected to expand during the forecast period as it offers gluten-free solutions to food manufacturers along with other health advantages such as low-calorie, allergen-free, and lactose-free solutions. In addition, due to its organic origin, pea starch helps provide clean labels for treated food products, such as meat products and baked products.
Source: BlueWeave Consulting
Global Pea Starch Market Overview:
Pea starch is made from yellow pea flour, which is a popular pea ingredient. It has superior thickening and gelling properties to any other widely used starch. Pea flour, derived from yellow peas is used for making pea starch. It outperforms all other widely used starches in terms of gelling or thickening properties. Pea starch contains a lot of amylose and is gluten-free. Food and beverage manufacturers across the world are increasingly using pea starch as it is GMO (genetically modified organism)-free as well as allergen-free. This enables manufacturers in meeting evolving market expectations for healthier and clean-label food products. The rising application of pea starch as a gelling agent and stabilizing agent is another growth driver of the market. Additionally,...