Global Pea Starch Market – Industry Trends and Forecast to 2031

Global Pea Starch Market, By Modification Methods (Chemical Modification, Physical Modification), Source (Inorganic/GMO, Organic/Non-GMO), Product (Native Pea Starch, Modified Pea Starch), Form (Powder, Liquid), Grade (Food, Feed, Industrial), Function (Binding and Thickening, Gel Forming, Texturizing, Film Forming, Coating Swelling and Solubility, Enzymatic and Acidic Hydrolysis, Others), Application (Food and Beverages, Pharmaceutical and Nutraceuticals, Industrial, Feed, Personal Care and Cosmetics, and Others) – Industry Trends and Forecast to 2031.

Pea Starch Market Analysis and Size

Pea starch, derived from peas, finds versatile applications in the food industry as a gluten-free thickening agent, stabilizer, and texturizer. It enhances the texture and mouthfeel of products such as soups, sauces, bakery items, and snacks. Additionally, it serves as a sustainable alternative in biodegradable packaging and pharmaceutical formulations.

Data Bridge Market Research analyses that the global pea starch market, which was USD 289.14 million in 2023, is expected to reach USD 478.52 million by 2031, at a CAGR of 6.50% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Pea Starch Market Scope and Segmentation  

Market Definition

Pea starch, a neutral-tasting powder, functions as a versatile thickener, stabilizer, and gelling agent in the food industry. Its gluten-free, non-GMO nature makes it ideal for diverse dietary requirements, offering a reliable solution for food formulation needs. Its binding and moisture retention properties make it valuable in processed foods, snacks, and baked goods.

Global Pea Starch Market Dynamics

Drivers

• Growing Demand for Clean-Label Products

The increasing consumer preference for clean-label products, driven by health consciousness and ingredient transparency, has propelled the demand for clean-label foods. Pea starch, sourced naturally from peas and devoid of GMOs and allergens, meets this demand, positioning it as a favored ingredient in the clean-label trend.

• Growing Demand for Plant-Based Ingredients Among Consumer

The rise of plant-based diets, including vegetarian and vegan options, is fueled by health, ethics, and sustainability concerns. As consumers increasingly opt for plant-based alternatives, there's a growing demand for ingredients such as pea starch, which aligns with these dietary preferences and offers versatile functionality in food production.

Opportunities

• Development of Gluten-Free and Allergen-Free Food Items

The rise in celiac disease and food allergies fuels demand for safe alternatives. Pea starch, inherently gluten-free and allergen-free, meets this need effectively. Its natural properties make it a favorable ingredient for developing palatable and safe gluten-free and allergen-free food items, filling the evolving preferences of consumers.

• Increasing Applications in Food Industry Creates Demand

Pea starch is versatile, serving as a thickener, stabilizer, and gelling agent in various food products. Its expanding applications across a diverse range of food items contribute to market growth. Its functional properties make it a sought-after ingredient, meeting the evolving needs of the food industry for texture enhancement and formulation stability.

Restraints/Challenges

• International Trade Barriers Increases Costs

International trade barriers, including tariffs and regulations, pose significant challenges for the pea starch market by disrupting global supply chains. These barriers increase costs, create uncertainty, and hinder market expansion opportunities, limiting access to international markets and impacting the competitiveness of pea starch manufacturers on a global scale.    

• Competition from Other Starch Sources

Pea starch faces stiff competition from established starch sources such as corn, potato, and tapioca starch, established brands with lower production costs dominate entrenched market positions . This competition can impede the market growth of pea starch, limiting its adoption and market share within the starch industry.

This global pea starch market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global pea starch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In October 2022, Roquette Freres launched a new range of organic pea ingredients, including pea starch and organic pea protein, across North America, Mexico, and Europe. This launch underscores the company's commitment to providing plant-based solutions to meet diverse consumer demands for organic and sustainable ingredients
• In May 2021, Gillco Ingredients and Cosucra Inc. formed a distribution partnership, enabling Gillco to distribute specialty ingredients such as Nastar native pea starch to end customers across various consumer sectors in the U.S. This collaboration enhances accessibility to innovative pea-based solutions in the U.S. market
• In March 2020, Roquette Frères expanded its footprint by inaugurating new Research & Development Laboratory facilities in Panevezys, Lithuania. This strategic move bolsters the company's presence in Northern Europe, empowering it to address industrial, nutritional, and health challenges with enhanced research capabilities and localized support
• In August 2020, COSUCRA launched a line of pea-based ingredients in North America, featuring Nastar native pea starch. With applications in plant-based meat, dairy alternatives, baked goods, and snacks, it offers gelling properties and resistance to shearing, acid, and heat. Available in neutral-tasting powder and pregelatinized formats, this expansion boosts COSUCRA's global presence in the pea starch market

Global Pea Starch Market Scope

The global pea starch market is segmented on the basis of  modification methods, source, product, form, grade, function and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Modification Methods

• Chemical Modification
• Physical Modification

 Source

• Inorganic/GMO
• Organic/Non-GMO

 Product

• Native Pea Starch
• Modified Pea Starch
• Pregelatinized
• Maltodextrin
• Cationic
• Others

 Form

• Powder
• Liquid

 Grade

• Food
• Feed
• Industrial

 Function

• Binding and Thickening
• Gel Forming
• Texturizing
• Film Forming
• Coating Swelling
• Solubility
• Enzymatic and Acidic Hydrolysis
• Others

 Application

• Food and Beverages
•   Bakery Products
•  Soups and Sauces 
• Snacks and Cereals 
• Meat and Meat Products
•   Dairy
•  Other
• Pharmaceutical and Nutraceuticals
• Industrial
• Feed
• Animal Feed and Pet Food
• Personal Care and Cosmetics
• Others

Global Pea Starch Market Regional Analysis/Insights

The global pea starch market is analysed and market size insights and trends are provided by country,  modification methods, source, product, form, grade, function and application as referenced above.

The countries covered in the global pea starch market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

The Asia-Pacific region leads the pea starch market's growth trajectory, fueled by its appeal to health-conscious consumers seeking its nutritional benefits. This demographic's increasing awareness drives demand for pea starch in the region.

North America is expected to dominate the pea starch market, driven by rising demand for natural products in the region. This trend underscores the region's prominence in driving the growth of pea starch.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Pea Starch Market Share Analysis

The global pea starch market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global pea starch market.

Some of the major players operating in the global pea starch market are:

• Roquette Frères (France)
•  AGT Food and Ingredients (Canada)
•  Puris (U.S.)
•  Meelunie B.V. (Netherlands)
•  The Scoular Company (U.S.)
•  Shandong Jianyuan group (China)
•  American Key Food Products (U.S.)
•  Dakota Ingredients (U.S.)
•  Royal Ingredients Group B.V. (Netherlands)
•  Agridient.nl (Netherlands)
•  Euroduna Food Ingredients GmbH (Germany)
•  NISCO ApS (U.K.)
•  COSUCRA (Belgium)
•  EMFOOD TRADING BV (Netherlands)
•  Yantai Shuangta Food co., LTD (China)
•  Healy Group (U.K)
•  AM Nutrition (U.S.)
•  Vestkorn (Norway)
• Nutri-Pea.  (Canada)
•  ORGANICWAY FOOD INGREDIENTS INC. (U.S.)