Global Pea Starch Market is forecasted to grow with significant CAGR owing factor such as technological advancements in the manufacturing sector. Increased consumption of plant based products is a major driver for the growth of Europe pea starch market.
However, fluctuating prices of raw materials are acting as a major restraint to the market.
According to Data Bridge Market Research, the dominating region is Europe with 40.7% of market share in 2020 in global pea starch market. The market leader is Roquette Frères, which accounts an estimated market share of approximately 33.95 %. The company has gained outstanding sales through their businesses of manufacturing and selling of variety of pea starch. The market is witnessing continuous product integration and expanding their business in the market.
Trends Impacting the Global Pea Starch Market
The pea starch market is becoming more competitive every year due to consistently increasing demand with companies such as Roquette Frères, Axiom Foods, Inc. Meelunie B.V. are the market leaders for Pea Starch market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the pea starch market.
Now the question is which other regions Roquette Frères, Axiom Foods, Inc. Meelunie B.V. are targeting? Data Bridge Market Research has estimated the largest growth in North America pea starch market due to awareness of health benefits among the consumers of North America and the market leaders are targeting U.S. and Canada to be their next revenue pockets for 2020.
All analysis of the Global pea starch market is further analyzed based on maximum granularity into further segmentation which is bifurcated on the basis of modification methods, source, product, form, grade, function and application. On the basis of modification methods, the global pea starch market is segmented into chemical modification and physical modification. On the basis of source, the global pea starch market is segmented into inorganic/GMO and organic/Non-GMO. On the basis of product, the global pea starch market is segmented into native pea starch and modified pea starch. On the basis of form, the global pea starch market is segmented into powder and liquid. On the basis of grade, the global pea starch market is segmented into food, feed and industrial. On the basis of function, the global pea starch market is segmented into binding & thickening, gel forming, texturizing, film forming, coating swelling & solubility, enzymatic & acidic hydrolysis, others. On the basis of application, the global pea starch market is segmented into food & beverages, pharmaceutical & nutraceuticals, industrial, feed and others.
Key Market Competitors Covered in the Report
Above are the key players covered in the report to know about more and exhaustive list of pea starch market companies.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Pea Starch Market – Industry Trends and Forecast to 2028
Asia-Pacific Pea Starch Market – Industry Trends and Forecast to 2028
Europe Pea Starch Market – Industry Trends and Forecast to 2028
North America Pea Starch Market – Industry Trends and Forecast to 2028
Middle East and Africa Pea Starch Market – Industry Trends and Forecast to 2028