Food Grade Pea Starch Market Insight: Market Trends, Growth, Forecasted from 2024 TO 2031

Market Overview and Report Coverage

Food Grade Pea Starch is a popular ingredient used in the food industry that is extracted from peas. It is a gluten-free, non-GMO, and versatile ingredient that is used in various food products as a thickening agent, stabilizer, and texture enhancer.

The Food Grade Pea Starch Market is expected to grow at a CAGR of % during the forecasted period. The increasing demand for natural and clean label ingredients in the food industry is one of the key factors driving the growth of the Food Grade Pea Starch Market. Consumers are becoming more conscious about their health and are seeking out alternative ingredients that are plant-based and environmentally friendly.

The market forecast for Food Grade Pea Starch is positive, with a focus on product innovation and development of new applications in the food industry. The latest market trends show an increasing use of Food Grade Pea Starch in gluten-free and vegan food products, as well as in snacks, beverages, and baked goods. Overall, the Food Grade Pea Starch Market is set to experience significant growth in the coming years due to the increasing demand for natural and plant-based ingredients in the food industry.

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Market Segmentation

The Food Grade Pea Starch Market Analysis by types is segmented into:

• Organic
• Conventional

Food Grade Pea Starch can be classified into two main market types, organic and conventional. Organic pea starch is produced without the use of synthetic pesticides or fertilizers, providing a natural and environmentally friendly option for consumers. Conventional pea starch is produced using traditional farming methods, which may involve the use of synthetic inputs. Both types of pea starch serve as versatile ingredients in the food industry, offering a range of functional properties for various applications.

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The Food Grade Pea Starch Market Industry Research by Application is segmented into:

• Candy
• Dairy Products
• Snacks
• Spaghetti
• Other

Food grade pea starch is widely used in various food applications due to its functional properties such as thickening, binding, and film-forming. It is commonly used in the production of candies for texture improvement and as a gelling agent in dairy products. In snacks, pea starch is used as a healthy alternative to traditional starches. It is also utilized in spaghetti as a gluten-free option. Furthermore, pea starch finds applications in various other food markets including bakery, confectionery, and meat products for enhancing texture and mouthfeel.

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In terms of Region, the Food Grade Pea Starch Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Food Grade Pea Starch market?

The global food grade pea starch market is experiencing several emerging and current trends. Some of the key trends include the growing demand for plant-based and clean label products, increasing awareness about the health benefits of pea starch, and the rising popularity of gluten-free and allergen-friendly ingredients. Additionally, there is a growing focus on sustainable sourcing and production practices in the food industry, leading to an increased interest in pea starch as a versatile and eco-friendly ingredient. Furthermore, technological advancements and increasing investment in research and development are driving innovation in the food grade pea starch market.

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Major Market Players

Roquette is a leading player in the food-grade pea starch market, offering a wide range of products for various applications. The company has a strong presence in the global market and has been actively involved in research and development to offer innovative solutions to its customers. Roquette has experienced steady market growth in recent years due to increasing demand for plant-based ingredients in the food industry.

Yantai Oriental Protein Tech is another key player in the food-grade pea starch market, known for its high-quality products and reliable supply chain. The company has been investing in expanding its production capacity to meet the growing demand for pea starch. Yantai Oriental Protein Tech has witnessed significant market growth in the past few years and is expected to continue its momentum in the coming years.

Cosucra is a well-established player in the food-grade pea starch market, known for its sustainable and natural ingredients. The company has been focusing on product innovation and expanding its product portfolio to cater to the changing consumer preferences. Cosucra has shown steady market growth and is expected to maintain its position as a key player in the industry.

In terms of market size, the food-grade pea starch market is estimated to be worth over $XX billion, with a CAGR of XX% from 2021 to 2026. The sales revenue of companies such as Roquette, Yantai Oriental Protein Tech, and Cosucra are expected to continue growing in the coming years due to the increasing demand for plant-based ingredients in the food industry. These key players are likely to invest further in research and development to offer innovative solutions and gain a competitive edge in the market.

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