Pea Starch Concentrate by Type (Overview: Global Pea Starch Concentrate Consumption Value, Food Grade, Industry Grade), by Application (Overview: Global Pea Starch Concentrate Consumption Value, Food Production), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global market for Pea Starch Concentrate is projected to grow from $XXX million in 2025 to $XXX million in 2033, at a CAGR of XX%. The growth of the market is attributed to the increasing demand for pea starch concentrate in food and beverage applications, due to its functional properties such as thickening, gelling, and stabilizing. Pea starch concentrate is also gaining popularity in the industrial sector, as a binder and adhesive in the manufacturing of paper, textiles, and cosmetics.
The Asia Pacific region is expected to witness the fastest growth in the pea starch concentrate market, due to the increasing demand for food and beverages in emerging economies such as China and India. The European region is also expected to experience significant growth, driven by the growing demand for pea starch concentrate in the food and beverage industry. Key industry players such as Roquette, Yantai Oriental Protein Tech, Cosucra, and Nutri-Pea are expected to drive the growth of the pea starch concentrate market through strategic investments and product innovations.
The global pea starch concentrate market is experiencing significant growth, driven by rising demand for plant-based ingredients and the increasing adoption of clean-label products. In 2022, the global consumption value of pea starch concentrate reached $XXX million, and it is projected to grow at a CAGR of XXX% from 2023 to 2032, reaching $XXX million by 2032.
This growth is attributed to the functional properties of pea starch concentrate, including its ability to provide thickening, gelling, and binding in various food applications. It is widely used in soups, sauces, baked goods, and dairy alternatives. Additionally, pea starch concentrate is a valuable ingredient in the production of biodegradable and compostable packaging materials.
Several factors are driving the growth of the pea starch concentrate market:
Despite the growth opportunities, the pea starch concentrate market also faces some challenges:
The Asia-Pacific region is the largest consumer of pea starch concentrate, accounting for over XXX% of global consumption in 2022. China is the dominant market in the region, followed by India and Japan. The food grade segment is the largest application segment, accounting for XXX% of global consumption in 2022. This segment is expected to continue to grow as demand for plant-based food products increases.
Several growth catalysts are expected to drive the pea starch concentrate market:
Major players in the pea starch concentrate market include:
Recent developments in the pea starch concentrate sector include:
This report provides comprehensive coverage of the pea starch concentrate market, including:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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