Pea Starch Market by Category (Organic and Conventional), Grade (Food, Feed, and Industrial), Function (Binding & Thickening, Gelling, and Texturing), Application (Food & Beverage, Animal Feed, Textile, Paper Industry, and Others): Global Market Size Estimates and Forecast (2022-2030)

The market crossed US$ 151.79 million mark in 2022 and is expected to hit US$ 252.49 million by 2030, recording a CAGR of 6.6% during the forecast period.

Pea starch is extensively used in the textile industry for textile sizing and cotton yarns. Furthermore, pea starch is cost-effective compared to other alternatives such as corn, wheat, and potato. The textile industry has witnessed growth in recent years due to the positive supply of raw materials such as, wool, silk, and jute. Pea starch is generally used for finalizing or sizing the cloth after it is woven, wrap sizing preparatory to weaving and printing some different types of fabrics. Thus, the growing usage of pea starch in the textile industry is projected to drive market growth.

Within the report, the market is segmented into category, grade, function, application, and geography. By category, the market is further segmented into organic and conventional. Based on grade, the market is bifurcated into food, feed, and industrial. By function, the market is categorized into binding & thickening, gelling, and texturing. The market is divided into food & beverage, animal feed, textile, paper industry, and others. Geographically, the market is segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Get more information on this report : Request Free Sample PDF

Rising demand for pet food enriched with pea starch

The growing trend of pet humanization as a “family member” among owners, has led to the growth in demand for premium pet food with nutritional benefits, improved ingredients quality, and better digestibility for pet food. Pea starch is a good source of carbohydrates in pet food. It contains gelling properties and a thickening agent. Pea starch also provides lactose-free, gluten-free, and allergen-free solutions. With the increasing consumption of pet food products, the demand for pea starch is also expected to grow in the coming years.

Rising adoption in various industries is one of the major factors accelerating market growth

Pea starch has numerous applications in various industries such as food & beverages, pet food, feed, pharmaceutical, cosmetics, textiles, and others. Pea starch provides gluten-free, lactose-free, low-calorie allergen-free, and low-fat solutions in the food industry. It is a cost-effective and nutritional alternative to other starches, such as corn, cassava, and potato. Pea starch is a clean label substitute for modified starch such as potato and corn. Pea starch also plays an important role in reducing the risk of colon cancer, heart disease, obesity, and diabetes.

Recent strategic developments in pea starch market

The pea starch market has undergone several significant developments, and a few of these have been mentioned below:

• In April 2021, Ingredion acquired KaTech to have additional skill in future projects, which comprises advanced texture and steadying solutions for the food & beverage industry.
• In October 2020, Emsland Group capitalized over USD 40.98 million in a new plant project to dry, modify pea and potato starch. This new project will help to increase the production capacity of pea-based ingredients to meet the rising demand for pea starch.
• In April 2019, Roquette Freres launched Beatue by Roqutte ST 720, a new pea starch for cosmetics market.

The pea starch market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. AGT Food and Ingredients, Axiom Foods, Inc., Cosucra, Dakota Ingredients, and Emsland Group are among the prominent players operating in the market.

Target audience for the report:

• Raw material providers
• Pea starch-related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policymakers
• Start-up companies
• Starch distributors and sales firms
• End users of agriculture institutions
• Research institutes, organizations, and consulting companies
• Food manufacturers
• Textile manufacturers

Scope of the report:

In this report, the market has been segmented on the basis of:

• Category:
  • Organic
  • Conventional
• Grade:
  • Food
  • Feed
  • Industrial
• Function:
  • Binding &Thickening
  • Gelling
  • Texturing

• Application:
  • Food & Beverage
  • Animal feed
  • Textile
  • Paper Industry
  • Others

• Region
  • North America
  • Europe
  • Asia Pacific (APAC)
  • South & Central America
  • Middle East & Africa

• Companies profiled
  • AGT Food and Ingredient
  • Axiom Foods, Inc
  • Cosucra
  • Dakota Ingredient
  • Emsland Group