Pea Starch Market Size, Share, Industry Trends and Forecast to 2030

Pea Starch Market Size & CAGR

The global pea starch market size was valued at USD 400 million in 2023 and is projected to reach USD 600 million by 2030, growing at a CAGR of 5% during the forecast period. The increasing consumer preference for plant-based ingredients, rising awareness about gluten-free and non-GMO products, and the growing demand for clean-label and natural ingredients are driving the growth of the pea starch market. The forecasted growth rate from 2023 to 2030 indicates a steady increase in market value, fueled by the expanding food and beverage industry and the rising adoption of plant-based diets.

COVID-19 Impact on the Pea Starch Market

The COVID-19 pandemic had a mixed impact on the pea starch market. On one hand, the closure of restaurants, cafes, and foodservice outlets during lockdowns led to a temporary decline in demand for pea starch in the food and beverage sector. However, on the other hand, the increased consumer focus on health and wellness, coupled with the growing trend of home cooking and baking, boosted the sales of pea starch through e-commerce channels and retail stores. The disruption in supply chains and production facilities also posed challenges for pea starch manufacturers, leading to fluctuations in market dynamics. Overall, the pea starch market exhibited resilience during the pandemic and is expected to witness steady growth post-COVID-19 as consumer demand for plant-based ingredients continues to rise.

Pea Starch Market Dynamics

The pea starch market is driven by factors such as increasing consumer awareness about the health benefits of plant-based ingredients, the rising prevalence of gluten intolerance and celiac disease, and the growing demand for clean-label and natural products. Pea starch is widely used as a thickening agent, gelling agent, and stabilizer in various food and beverage applications due to its functional properties and nutritional profile. The market is also influenced by the trend of clean eating, sustainable sourcing, and ethical consumption, prompting food manufacturers to incorporate pea starch into their product formulations. However, challenges such as fluctuating raw material prices, limited production capacity, and regulatory constraints may hinder market growth in the coming years.

Segments and Related Analysis of the Pea Starch Market

The pea starch market can be segmented based on technology, product, application, and end-user. By technology, the market is divided into wet milling and dry milling processes. Wet milling is the most commonly used technology for extracting pea starch from yellow peas, offering higher starch yield and purity. In terms of products, pea starch is available in various forms such as native pea starch, modified pea starch, and pea starch derivatives. The applications of pea starch span across industries such as food and beverages, pharmaceuticals, and animal feed. The end-users of pea starch include food manufacturers, pharmaceutical companies, and pet food producers, among others.

Pea Starch Market Analysis Report by Region

Asia Pacific Pea Starch Market Report

The Asia Pacific region is a key market for pea starch, driven by the growing population, increasing disposable income, and changing dietary preferences towards plant-based foods. Countries like China, India, and Japan are significant consumers of pea starch, especially in the food processing and pharmaceutical industries. The demand for clean-label and organic products is on the rise in the region, leading to a surge in the adoption of pea starch as a natural ingredient. The market players in Asia Pacific are focused on expanding their product portfolios, enhancing distribution networks, and catering to the diverse needs of consumers across different countries.

South America Pea Starch Market Report

South America is witnessing a steady growth trajectory in the pea starch market, driven by the increasing consumer awareness about clean-label products, the prevalence of gluten intolerance, and the rising demand for natural ingredients. Countries like Brazil and Argentina are key markets for pea starch in the region, with a growing number of food manufacturers incorporating pea starch into their product formulations. The market players in South America are focusing on product innovation, strategic partnerships, and geographical expansion to capitalize on the evolving consumer trends and preferences.

North America Pea Starch Market Report

North America is a mature market for pea starch, characterized by the high adoption of plant-based ingredients, the presence of established food processing companies, and the growing demand for non-GMO and organic products. The United States and Canada are the major consumers of pea starch in the region, with applications in bakery, confectionery, snacks, and convenience foods. The market players in North America are focusing on sustainability, traceability, and transparency in the supply chain to meet the increasing consumer expectations for ethical and responsible sourcing practices.

Europe Pea Starch Market Report

Europe is a prominent market for pea starch, driven by the stringent regulations on food additives, the growing demand for clean-label products, and the rising consumer preference for plant-based foods. Countries like Germany, France, and the UK are leading consumers of pea starch in the region, with applications in soups, sauces, dairy products, and meat alternatives. The market players in Europe are investing in research and development, sustainability initiatives, and digitalization to cater to the evolving market trends and consumer preferences for natural and healthy food ingredients.

Middle East and Africa Pea Starch Market Report

The Middle East and Africa region are emerging markets for pea starch, driven by the increasing urbanization, the rising awareness about gluten-free products, and the growing demand for functional ingredients. Countries like South Africa, Saudi Arabia, and the UAE are witnessing a surge in the consumption of pea starch across food, beverage, and pharmaceutical applications. The market players in the Middle East and Africa are focusing on product differentiation, marketing strategies, and partnerships with local distributors to gain a competitive edge in the region's evolving food ingredients market.

Pea Starch Market Analysis Report by Technology

The pea starch market can be analyzed based on the technology used for processing pea starch, which includes wet milling and dry milling processes. Wet milling involves the separation of starch from yellow peas using water and enzymatic treatments, resulting in high-quality pea starch with minimal impurities. Dry milling, on the other hand, utilizes mechanical methods like grinding and sieving to extract starch from pea flour, offering a cost-effective and efficient method for starch production. Both wet milling and dry milling technologies play a crucial role in the pea starch market, catering to the diverse needs of food manufacturers, pharmaceutical companies, and other end-users.

Pea Starch Market Analysis Report by Product

The pea starch market can be analyzed based on the types of products available, including native pea starch, modified pea starch, and pea starch derivatives. Native pea starch is the pure form of starch extracted from yellow peas, offering excellent thickening and gelling properties for various food and beverage applications. Modified pea starch undergoes chemical or physical modifications to enhance its functional characteristics such as stability, viscosity, and tolerance to heat and shear. Pea starch derivatives are produced by further processing native or modified pea starch to create unique ingredients like pea starch syrups, emulsifiers, and texturizers. The variety of pea starch products caters to different industry needs and applications, showcasing the versatility and adaptability of this natural ingredient.

Pea Starch Market Analysis Report by Application

The pea starch market can be analyzed based on its applications across various industries, including food and beverages, pharmaceuticals, animal feed, and others. In the food and beverage sector, pea starch is used as a thickening agent, stabilizer, binder, and gelling agent in products like soups, sauces, bakery items, and snacks. In the pharmaceutical industry, pea starch finds application in tablets, capsules, and powders as an excipient for drug delivery. In the animal feed sector, pea starch serves as a source of digestible carbohydrates and energy for livestock and poultry. The versatile applications of pea starch make it a valuable ingredient across different sectors, contributing to the market's growth and expansion.

Pea Starch Market Analysis Report by End-User

The pea starch market can be analyzed based on its end-users, which include food manufacturers, pharmaceutical companies, pet food producers, and others. Food manufacturers use pea starch as a key ingredient in a wide range of products to enhance texture, mouthfeel, and stability. Pharmaceutical companies incorporate pea starch into drug formulations to improve drug dissolution, disintegration, and bioavailability. Pet food producers include pea starch in pet food recipes to provide energy, digestible carbohydrates, and dietary fiber for pets' nutritional needs. The diverse end-users of pea starch reflect its versatility and applicability across different industries, driving market growth and innovation.

Key Growth Drivers and Key Market Players of Pea Starch Market and Competitive Landscape

The key growth drivers of the pea starch market include the increasing consumer demand for plant-based ingredients, the rising awareness about gluten-free and non-GMO products, and the growing trend of clean-label and natural food products. Key market players operating in the pea starch market include:

• Roquette Frères
• Cargill, Incorporated
• Ingredion Incorporated
• Puris Foods
• Emsland Group

These companies are leading suppliers of pea starch globally, offering a wide range of products, applications, and solutions to meet the diverse needs of customers in the food, pharmaceutical, and industrial sectors. The competitive landscape of the pea starch market is characterized by strategic partnerships, product innovations, expansion into new markets, and sustainability initiatives to drive growth and differentiation in the market.

Pea Starch Market Trends and Future Forecast

The pea starch market is witnessing several trends that are shaping its future growth and development. Some of the key trends in the market include the increasing adoption of pea starch in plant-based meat alternatives, the development of clean-label and organic pea starch products, and the expansion of pea starch applications in non-food industries like cosmetics and personal care. The future forecast for the pea starch market indicates sustained growth driven by the rising demand for natural and sustainable ingredients, the continuous innovation in pea starch processing technologies, and the expanding geographical reach of key market players in emerging markets.

Recent Happenings in the Pea Starch Market

In recent developments in the pea starch market:

• Roquette Frères announced the launch of a new pea starch product with enhanced functional properties for the food industry.
• Cargill, Incorporated established a partnership with a local farmer cooperative to promote sustainable pea cultivation and supply chain transparency.
• Ingredion Incorporated unveiled a new line of clean-label pea starch ingredients for the pharmaceutical sector.
• Puris Foods introduced a range of organic pea starch derivatives for cosmetic applications to meet the growing demand for natural skincare products.
• Emsland Group expanded its pea starch production capacity in response to increasing market demand and customer requests for premium quality pea starch products.

These recent developments reflect the dynamic nature of the pea starch market, with key players introducing innovative products, sustainable practices, and partnerships to drive growth and meet evolving consumer needs in the global market.