#Pea Starch Market Size
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Future of the Pea Starch Market: Trends, Innovations, and Growth Projections Unveiled
The global pea starch market is estimated at USD 426.9 million in 2024 and is projected to reach USD 671.8 million by 2029, at a CAGR of 9.5% from 2024 to 2029. The global pea starch market is growing substantially due to its increasing application in the food and pet food industry. Additionally, the importance of gluten-free and allergen-free goods is increasing, resulting in the market's growth. Also, the growing vegan population and popularity of plant-based food products fuel the market's growth. Moreover, with the increasing demand for gluten-free and allergen-free diets, pea starch presents a good option for manufacturers looking to cater to these preferences.
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Based on product type, the native starch segment dominated the pea starch market during the study period.
Based on product type, the native starch segment is expected to dominate the pea starch market during the study period. It has a natural appeal and clean label, thereby offering versatile functionality in different industries. Consumer demand for simple, transparent, and minimally processed ingredients continues to rise; hence, native pea starch is aligned with this growing clean-label and health-conscious trend. Its ability to thicken, bind, and provide texture would make it an excellent addition to such food products as plant-based meats, gluten-free options, or dairy alternatives. Furthermore, native pea starch is non-GMO, allergen-free, and sustainable, fitting into the consumer demands for sustainability and allergy-free products.
The binding and thickening segment within the function has a larger share and is growing at a higher CAGR in the pea starch market during the forecast period.
The Pea starch's natural ability to bind and thicken makes it a highly versatile ingredient in food manufacturing, especially in plant-based, gluten-free, and clean-label products. Pea starch creates texture and structure in products- plant-based meats, dairy alternatives, and gluten-free baked goods. Thickening properties play a critical role in the manufacture of sauces, soups, gravies, and dressings to obtain the correct consistency. Furthermore, pea starch is appealing to the clean-label movement, as it provides a natural, simple ingredient that meets customers' requirements for product recognition and composition of non-synthetic components.
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Asia Pacific holds a significant market share in the pea starch market.
Asia Pacific holds a significant market share in the pea starch market. Increasing demand for plant-based, gluten-free, and organic products, which health-conscious consumers and sustainability trends are driving, is further creating a strong market for pea starch. As more people in Asia Pacific start using plant-based diets and avoid gluten, the demand for such alternative ingredients as pea starch continues to grow. Further, innovation in food technology and also emphasis on the clean label, non-GMO products are contributing toward higher adoption in food manufacturing. Government support for sustainable agriculture and the region's well-entrenched food sector is helping in the growth of the market further.
Leading Pea Starch Companies:
The report profiles key players such as Ingredion (US), Roquette Frères (France), Yantai Shuangta Food Co., Ltd (China), Ebro Foods, S.A. (Spain), Puris (US), Dsm-firmenich (Netherlands), AGT Food and Ingredients (Canada), Emsland-Stärke Gesellschaft (Germany), Cosucra (Belgium), Agrocorp International Pte Ltd (Singapore).
Ingredion (US)
Ingredion is a global ingredient solutions provider that transforms grains, fruits, vegetables, and other plant-based materials into innovative, value-added solutions. The company operates across three core business segments, focusing on specialty ingredients designed to meet consumer trends in areas like Food and Beverage Ingredients, Animal Nutrition, and Others. Ingredion's pea-processed ingredients, such as protein isolates, concentrates, starches, and flours, fall primarily under their Food and Beverage Ingredients segment. This segment leverages specialized processing and formulation expertise to deliver functional and plant-based ingredients for food, beverage, and other industrial applications. Ingredion stands out as the exclusive North American producer providing a comprehensive range of pea protein isolates, pulse concentrates, and flours (including yellow pea, fava, chickpea, yellow lentil, and red lentil), along with pea-processed ingredients, creating a diverse and all-encompassing product portfolio.
Puris (US)
Puris was founded in 1985 and is headquartered in Minnesota. Puris is a US-based plant ingredients manufacturer. The company’s product segments are pea protein, pea starch, extruded pea protein, organic and soybean, and pulse products. It offers pea starch under its brand PURIS for food applications. PURIS Pea protein, starches, fibers, and other non-GMO components derived from soy, pulses, lentils, and other plant sources are manufactured exclusively by PURIS. Their pea starch is used in Plant-based meat, beverage, non-dairy, and snack industries. These sustainable ingredients promote healthy eating and activities that are safe for people, the environment, and life on Earth.
The company specializes in PURIS pea protein, PURIS pea starch, PURIS pea fiber, and ready-to-eat pea fiber. The company operates through its manufacturing facilities in Wisconsin, Iowa, and Minnesota in the US.
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The Pulse Ingredients Market is projected to grow from USD 21785 million in 2024 to an estimated USD 32929 million by 2032, with a compound annual growth rate (CAGR) of 5.3% from 2024 to 2032. The global pulse ingredients market has been witnessing robust growth in recent years, driven by increasing consumer awareness about health, sustainability, and plant-based nutrition. Pulses, including lentils, chickpeas, beans, and peas, are rich sources of protein, fiber, and essential nutrients. As the demand for natural and functional food ingredients rises, pulse-derived products such as flours, proteins, starches, and fibers have become pivotal across multiple industries, including food, beverage, and animal feed.
Browse the full report https://www.credenceresearch.com/report/pulse-ingredients-market
Market Overview
The pulse ingredients market has expanded significantly, fueled by shifting dietary preferences and the increasing prevalence of vegetarian, vegan, and flexitarian lifestyles. Pulses are considered a sustainable and nutrient-rich food source, aligning with the global push toward reducing carbon footprints and promoting environmental sustainability. In 2022, the market size was valued at approximately USD 25 billion and is expected to grow at a compound annual growth rate (CAGR) of over 6% from 2023 to 2030.
Key Drivers of Growth
1. Health and Wellness Trends
Consumer focus on health and wellness has surged, with pulses gaining attention for their role in managing weight, improving digestion, and reducing the risk of chronic diseases such as diabetes and heart disease. Pulses are low in fat and glycemic index while being high in protein, making them ideal for health-conscious consumers.
2. Rise in Plant-Based Diets
The plant-based revolution has spurred the demand for meat and dairy alternatives, where pulse proteins such as pea protein are widely used. These ingredients provide a clean label and allergen-friendly alternative to soy and whey, catering to the growing vegan and vegetarian demographics.
3. Functional Food Applications
Pulses are increasingly utilized in functional foods due to their nutritional properties. Ingredients like pulse flours enhance protein and fiber content in baked goods, snacks, and pasta. Moreover, pulse starch is gaining traction in gluten-free products.
4. Sustainability
Pulses require less water and fertilizer compared to other crops, making them a sustainable choice in agriculture. Governments and organizations are promoting pulses as a key solution to combat food insecurity and climate change.
Applications Across Industries
Food and Beverage
Pulse ingredients are extensively used in producing bakery products, snacks, plant-based meat, dairy alternatives, and ready-to-eat meals. Pulse flours are popular for their gluten-free properties, while pulse proteins are essential in plant-based formulations.
Industrial Applications
Beyond food, pulse starches find applications in biodegradable packaging and other industrial uses, reflecting the versatility of these ingredients.
Future Outlook
The pulse ingredients market holds immense potential as consumers and industries recognize the value of these sustainable, health-promoting ingredients. With advancements in technology and growing investment in R&D, the market is poised for innovation in diverse applications. Companies are likely to focus on expanding their product portfolios, enhancing processing capabilities, and leveraging marketing strategies to capitalize on the growing demand for plant-based and sustainable foods.
Key Player Analysis:
ADM
AGT Food & Ingredients
AM Nutrition
Axiom Foods, Inc.
Cargill Inc.
Coscura
Emsland Group
Ingredion Inc.
Puris
Roquette Frères
The Scoular Company
Segmentation:
By Source
Lentils
Peas
Chickpeas
Others
By Type
Pulse Flour
Pulse Starch
Pulse Protein
Pulse Fiber & Grits
By Application
Food & Beverage
Bakery & Confectionery
Snacks
Dairy
Beverages
Feed
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report https://www.credenceresearch.com/report/pulse-ingredients-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
Website: www.credenceresearch.com
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Modified Starch Market 2022- Business Planning Research and Resources, Revenue, and Forecasts 2030
Modified Starch Industry Overview
The global modified starch market size was estimated at USD 11.8 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030.
The demand for processed and convenience foods is being driven by an expanding global population. Modified starch is a crucial and useful component found in manufacturing ready-to-eat food products. The market for modified starch is anticipated to expand significantly due to rising consumer demand for processed foods over the coming years.
Gather more insights about the market drivers, restrains and growth of the Modified Starch Market
COVID-19 had both positive and negative impacts on the market. Processed and packaged foods were in high demand during the pandemic when consumers rushed to pile up foods that had longer shelf lives, which led to higher demand for modified starch. However, many restaurants and food service outlets were shut as well as the food and beverage supply chain was disrupted due to lockdowns and restrictions across the globe. As the supply chain is gradually restored and restaurants and other food service establishments start to reopen, the market is anticipated to return to its pre-COVID levels.
Convenience foods are mainly prevalent in North America and Europe based on regional annual consumption rates. People's lives are nowadays becoming hectic and isolated, resulting in little time for home cooking. Globalization and the resulting lifestyle changes have resulted in an increase in the consumption of convenience foods in various countries around the world, especially in Asia's expanding markets, thereby increasing the demand for modified starch.
Modified starch is utilized in a wide range of industries, including food, papermaking, cosmetics, personal care, and textiles due to its many advantages. The personal care and cosmetics industries use modified starch as a versatile additive. Manufacturers are making new cosmetic products using organic ingredients like modified starch, as the demand for natural cosmetics has grown over the past few years, which is expected to fuel product demand in the coming years.
A significant number of international fast-food restaurant chains have expanded their operations in various parts of the world over the past few years, each with its own cuisine and product offerings to meet consumer demand in multiple regions. Fast food restaurants often utilize modified starch in their food preparation to enhance the flavor, taste, and texture of products, which will drive product demand during the forecast period.
The Asian markets have lenient regulations when it comes to health claims for modified starch. However, the U.S. market has stringent regulations, and no health claims for food additives are permitted; however, functional or structural claims are permitted. In terms of health claims for modified starch, European markets have the most strict regulations. Distributors and manufacturers face production and distribution challenges as a result of these stringent laws and regulations, which are expected to hinder market growth.
Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.
• The global microparticulated whey protein market size was estimated at USD 140.0 million in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030.
• The global pea protein market size was valued at USD 2.12 billion in 2023 and is expected to grow at a CAGR of 12.1% from 2024 to 2030.
Key Companies & Market Share Insights
The modified starch market is moderately fragmented. International players in the market are focusing on implementing strategies in order to increase their market share. Some of the major players in the market include Archer Daniels Midland Company, Agrana Beteiligungs-AG, Emsland-Starle GmbH, Cargill, Inc., Global Bio-Chem Technology Group Co. Ltd., and others. Key players in the market enter into strategic partnerships, mergers & acquisitions, and joint ventures, and focus on research & development to launch innovative products to cater to the changing preferences of consumers around the world. For instance, in April 2021, Cargill Inc., partnered with Starpro, a major food-grade tapioca starch manufacturer in Thailand. The partnership is aimed to expand its tapioca starch products in the Asia Pacific as well as to support food manufacturers' product processing needs while also meeting consumers' sensory expectations. Some of the prominent players in the global modified starch market include:
Emsland-Stärke GmbH
Grain Processing Corporation
Global Bio-Chem Technology Group Company Limited
Ingredion Incorporated
Roquette Frères
ADM
Agrana Beteiligungs AG
Avebe U.A.
Cargill, Incorporated
Samyang Genex Corp.
Beneo-Remy N.V.
Siam Modified Starch Co., Ltd.
China Essence Group Ltd.
PT Budi Starch & Sweetener Tbk
Tate & Lyle PLC
ULRICK&SHORT
KMC (Kartoffelmelcentralen) Amb
Order a free sample PDF of the Modified Starch Market Intelligence Study, published by Grand View Research.
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Pea Starch Market Size Worth $80.8 Million By 2025 | CAGR: 5.8%
Pea Starch Market Growth & Trends The global pea starch market size is expected to reach USD 80.8 million by 2025, expanding at a revenue-based CAGR of 5.8% over the forecast period, according to a new report published by Grand View Research, Inc. The growth is majorly driven by the rising demand from nutraceuticals industry coupled with growing consumer inclination toward non-GMO and gluten…
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Pea Protein Market: Exploring Growth Opportunities in the Plant-Based Protein Industry
Pea protein is a plant-based protein derived from yellow peas. It has gained significant popularity in recent years due to its numerous health benefits and suitability for various dietary preferences, including vegan, vegetarian, and gluten-free diets. Pea protein is an excellent alternative to animal-based proteins and is widely used in food and beverage products, nutritional supplements, and animal feed. This comprehensive article provides an in-depth analysis of the pea protein market, including its current status, growth factors, key players, applications, and future trends.
Market Size and Growth:
The global pea protein market has experienced robust growth in recent years. According to market research reports, Global pea protein market was valued at US$ 234.88 Million in 2021 in terms of revenue, exhibiting a CAGR of 10.4% during the forecast period (2022 to 2030). The increasing consumer demand for plant-based proteins, rising health consciousness, and the growing vegan population are driving the market's expansion.
Key Growth Factors:
Growing Health and Wellness Consciousness: Consumers are increasingly adopting healthier lifestyles, focusing on weight management, muscle building, and overall well-being. Pea protein, being a high-quality, easily digestible protein source, offers several health benefits, including improved muscle recovery, reduced appetite, and enhanced heart health.
Expanding Plant-Based Food Industry: The shift towards plant-based diets and the rising demand for meat alternatives have fueled the demand for pea protein. It is widely used in plant-based meat substitutes, dairy alternatives, protein bars, and other functional food products.
Allergen-Free and Non-GMO Characteristics: Pea protein is naturally free from common allergens like dairy, soy, and gluten, making it an ideal choice for individuals with dietary restrictions or allergies. Additionally, its non-GMO (Genetically Modified Organism) status appeals to health-conscious consumers seeking clean and sustainable food options.
Sustainability and Environmental Considerations: Pea protein production requires fewer resources and generates lower greenhouse gas emissions compared to animal-based protein sources. The growing concerns over environmental sustainability have further propelled the demand for pea protein as a more sustainable protein option.
Market Segmentation:
The pea protein market can be segmented based on type, application, and geography:
By Type:
a. Isolates: Pea protein isolates are highly refined forms with a protein content of over 80-90%. They are popular in protein powders, shakes, and supplements. b. Concentrates: Pea protein concentrates contain a lower protein content of around 60-80% and often retain more fibers, starch, and other nutrients. They are used in a wide range of food applications.
By Application:
a. Food and Beverages: Pea protein is used in various food products, including bakery goods, snacks, cereals, meat alternatives, dairy alternatives, and beverages. b. Nutritional Supplements: Pea protein is a common ingredient in protein powders, bars, and ready-to-drink supplements. c. Animal Feed: Pea protein is also utilized in animal feed, particularly for pets and livestock, due to its nutritional profile.
By Geography:
The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America and Europe are the largest markets due to the high demand for plant-based proteins and the presence of key manufacturers.
Key Players and Competitive Landscape:
A&B Ingredients Burcon NutraScience Corporation Cosucra Groupe Warcoing SA Emsland Group Roquette Frères The Green Labs LLC Ingredion Incorporated Fenchem Biotek Ltd. Glanbia plc Sotexpro
These companies are focusing on product innovation, expanding their product portfolios, and entering into strategic partnerships to gain a competitive edge in the market.
Future Trends and Opportunities:
Increasing Product Innovation: Manufacturers are investing in research and development to introduce innovative pea protein products, including flavored protein powders, protein chips, and protein-enriched food products, to cater to changing consumer preferences.
Expansion in Emerging Markets: The pea protein market offers significant growth opportunities in emerging economies, such as China, India, and Brazil, where the plant-based food industry is rapidly growing. Manufacturers are expanding their presence in these regions to tap into the increasing demand.
Focus on Sustainable Sourcing and Production: With sustainability becoming a key consumer concern, companies are exploring sustainable sourcing practices, such as regenerative agriculture and vertical farming, to ensure a consistent and eco-friendly supply of pea protein.
Collaboration with Food Manufacturers: Pea protein suppliers are partnering with food and beverage manufacturers to develop customized pea protein-based ingredients and products that meet specific formulation requirements and cater to diverse consumer demands.
Conclusion:
The pea protein market is witnessing significant growth driven by factors such as increasing health consciousness, the rise of plant-based diets, and environmental sustainability concerns. With ongoing product innovations, expanding applications, and the potential for growth in emerging markets, the future looks promising for the pea protein industry. As consumer demand for plant-based proteins continues to rise, pea protein is expected to maintain its strong market presence and contribute to the global shift towards sustainable and healthier food choices.
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Pea Starch Market Size, Share, Global Industry Overview, Demand, Growth and Forecast 2031
Newly released data from pea starch market analysis by Future Market Insights shows that global consumption of pea starch enjoyed a year-on-year (YOY) growth of 5.2% in 2021 to total sales of US$ 115.9 Mn.
Due to applications such as thickening and texturizing, binding, gelling and other applications pea starch is widely used in a number of industries such as the food and beverage industry, pet food, cosmetics and pharmaceutical industry. Hence owing to the applications in a wide variety of industries pea starch market is expected to show significant growth.
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For the past few years, a huge consumer base around the globe are suffering from food allergies. Thus, the demand for allergen-free and healthy food has shown significant growth which has positively affected the sales of pea starch. Moreover, pea starch is also used as an additional ingredient in a variety of gluten-free food and beverage preparations.
Key Takeaways from the Pea Starch Market Study
Pea Starch is widely consumed in food processing functions of thickening and binding, gelling and texturizing among others. While thickening and binding applications are dominating the application segment holding nearly 35% market share. However, gelling applications is expected to grow with a significant CAGR of 8.5% over the forecasted period.
Pea starch is widely consumed in food processing end-use which is accounting for around 25% of the total market value. However, increased potential in the bakery products industry has led to an exceptional CAGR of around 9.8%.
As the focus on food nutrition grows, non-GMO and clean label attributes are gaining traction. As a result, organic pea starch, which is rising at a rate of close to 8%, are posing a significant threat to conventional pea starch, which owns more than 85% of the market share.
Due to a robust and active food processing industry, North America and Europe are the major markets for pea starch accounting for more than 54% of the global market. However, lucrative opportunities are now emerging in the APEJ and Latin American markets, which are developing at a CAGR of 9.7% and 8.0%, respectively.
“Manufacturers are seeking to produce pea starch-based products in order to meet rising customer demand for nutritious and sustainable foods. They are also providing convenience and on-the-go foods with a healthy twist to satisfy the demand of millennial customers, contributing to the worldwide pea starch market’s rise,” says the FMI analyst.
Increased use for human consumption and application as a stabilizing agent in food processing is expected to drive growth in food-grade pea starch throughout the forecast period. Industrial grade pea starch, on the other hand, is predicted to expand at a faster rate of over 8%, with textile, adhesive, and cosmetic applications in packaging. These trends will be aided by the use of pea starch in the manufacturing of bioplastics.
Who is winning?
Key players operating in the global pea starch market are focusing on reaching a large consumer base by implementing various strategies such as marketing and promotional activity, strengthening distribution channels and adopting sustainable production.
Some of the leading companies offering pea starch are Axiom Foods Inc., Dakota Dry Bean, Parrheim Foods, Cargill Inc., Vestkorn, Roquette, Sanstar Bio-Polymers, Emsland Group, American Key Products and others.
Get Valuable Insights into the Pea Starch Market
By Nature:
Organic
Conventional
By Application:
Thickening and Binding
Gelling
Texturizing
Others
By Grade:
Feed Grade
Food Grade
Industrial Grade
By End-Use:
Soups and Sauces
Snacks and Savory
Bakery Products
Food Processing Industry
Cosmetics
Pharmaceuticals
Pet Food Industry
By Region:
North America
Latin America
Europe
Japan
APEJ
MEA
View Report @ https://www.futuremarketinsights.com/reports/pea-starch-market
Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market
About Future Market Insights (FMI)
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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Frozen Green Peas Processing Plant
Frozen green peas are vegetables that have had their temperature decreased and kept up with underneath their edge of freezing over for capacity and transportation until they are fit to be eaten. They might be monetarily bundled or refrigerated at the house. A surprising reality frozen green pea, those tranquil stone hard circles, are for all intents and purposes frequently better compared to new. Except if you have the fulfilment of a grass and the possibility to consume peas right off the plant, new peas take such a long time to show up that the corner store shows that proteins separate their sugars into starch, transforming them into feasts.
Frozen green peas, which are frozen not long after being picked, keep their pleasantness and freshness, also their splendid variety. It is especially appreciated for its gigantic protein amount. Presently how about we examine a portion of the astonishing medical advantages of consuming frozen Peas routinely. First as referenced with numerous solid nutrients, minerals, and different supplements that can advance our general wellbeing. This incorporates great degrees of calcium, iron potassium, and nutrients.
As per the report, the worldwide frozen green pea milk market size was estimated at US$ 147.2 million out of 2020 and is anticipated to go at a CAGR of 13.1% to accomplish US$ 295.7 million by 2027. It will be a developing industry in the impending year. The few advantages of frozen green peas clients are changing their inclinations and moving toward frozen peas due to the accessibility of frozen vegetables. The frozen peas industry is globally getting more extensive. Frozen Pea likewise has a hard precious stone surface which can assist with advancing security additionally its elevated degrees of protein and sound supplements are ideally suited for anybody that is following an exercise routine daily practice or limiting calories and its rich wellspring of protein can assist with advancing completion likewise it is low in sugar and carb content ultimately frozen green peas isn’t simply a solid option in contrast to new peas however it can likewise assist with advancing the general medical advantages.
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The Global Pea Starch Market size is expected to reach $222.5 million by 2028, rising at a market growth of 6.1% CAGR during the forecast period
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The Global Pea Starch Market size is expected to reach $222.5 million by 2028, rising at a market growth of 6.1% CAGR during the forecast period
ReportLinker Carbohydrates called pea starch are taken from peas and utilized in the food and animal feed sectors. Due to their renewable and biodegradable qualities, they have been quickly embraced as a substitute for fossil fuels in several chemical applications. New York, Feb. 22, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report […]
See full article at https://petn.ws/rFISz #PetTravelNews
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Pea Starch Market Size, Growth, Key Players, and Regional Outlook with Forecast
Pea Starch Market Size, Growth, Key Players, and Regional Outlook with Forecast
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