{"product_id":"pea-starch-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Pea Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003ePea Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global pea starch market size reached US$ 132.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 207.3 Million by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003ePea starch is a new starch-based ingredient with a neutral taste, which is derived from yellow peas. It is rich in amylose, phytic acids, vitamins, antioxidants, minerals, thiamine, saponins and oxalates. As it offers nutritional benefits, such as improving muscle growth and increasing metabolism, it is widely used as a binding, gelling and thickening agent in sauces, soups, noodles, pasta and meat products. Pea starch also provides a crispy coating to frying batters and acts as a binder in processed meats. As a result, it finds extensive application in feed, textile, cosmetics, food and beverage (F\u0026amp;B) industries around the world.\u003c\/p\u003e\n\n\u003cp\u003ePea Starch Market Trends:\u003c\/p\u003e\n\n\u003cp\u003eSignificant growth in the F\u0026amp;B industry across the globe on account of rapid urbanization, rising population and inflating income levels of individuals represents one of the key factors creating a positive outlook for the market. Pea starch is widely utilized in the preparation of bakery items, pasta, noodles and soups as it provides higher sustainability. Additionally, the widespread product adoption in the pharmaceutical industry for coating tablets and capsules and film-forming is positively influencing the market. Moreover, an increasing number of gluten-sensitive and health-conscious people are providing an impetus to the market growth. Pea starch is used as it has additional nutritional content, lower calorie content, and lactose and gluten-free formulation. In line with this, the escalating demand for convenient, ready-to-eat (RTE) food products due to the busy schedules and hectic lifestyles of the masses are favoring the market growth. Other factors, including the widespread product utilization in cosmetic products, such as creams, serums and lotions and the textile industry for textile sizing and cotton yards, are anticipated to drive the market.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global pea starch market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, function and application.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Type:\u003c\/p\u003e\n\n\u003cp\u003eOrganic and Non-GMO\u003c\/p\u003e\n\n\u003cp\u003eConventional\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Function:\u003c\/p\u003e\n\n\u003cp\u003eBinding and Thickening\u003c\/p\u003e\n\n\u003cp\u003eGelling\u003c\/p\u003e\n\n\u003cp\u003eTexturizing\u003c\/p\u003e\n\n\u003cp\u003eFilm Forming\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eFood and Beverages\u003c\/p\u003e\n\n\u003cp\u003eFeed\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n\u003cp\u003eUnited States\u003c\/p\u003e\n\n\u003cp\u003eCanada\u003c\/p\u003e\n\n\u003cp\u003eAsia-Pacific\u003c\/p\u003e\n\n\u003cp\u003eChina\u003c\/p\u003e\n\n\u003cp\u003eJapan\u003c\/p\u003e\n\n\u003cp\u003eIndia\u003c\/p\u003e\n\n\u003cp\u003eSouth Korea\u003c\/p\u003e\n\n\u003cp\u003eAustralia\u003c\/p\u003e\n\n\u003cp\u003eIndonesia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n\u003cp\u003eGermany\u003c\/p\u003e\n\n\u003cp\u003eFrance\u003c\/p\u003e\n\n\u003cp\u003eUnited Kingdom\u003c\/p\u003e\n\n\u003cp\u003eItaly\u003c\/p\u003e\n\n\u003cp\u003eSpain\u003c\/p\u003e\n\n\u003cp\u003eRussia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n\u003cp\u003eBrazil\u003c\/p\u003e\n\n\u003cp\u003eMexico\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe competitive landscape of the industry has also been examined along with the profiles of the key players being American Key Products Inc., Axiom Foods Inc., Cosucra, Emsland Group, Herba Ingredients B.V., Ingredion Incorporated, Meelunie B.V. (Hoogwegt Groep B.V.), Puris, Roquette Frères, The Scoular Company, Vestkorn Milling AS (Koninklijke DSM N.V.) and Yantai Shuangta Food Co. Ltd.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eHow has the global pea starch market performed so far and how will it perform in the coming years?\u003c\/p\u003e\n\n\u003cp\u003eWhat has been the impact of COVID-19 on the global pea starch market?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key regional markets?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the type?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the function?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the application?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the various stages in the value chain of the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key driving factors and challenges in the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the structure of the global pea starch market and who are the key players?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the degree of competition in the industry?\u003c\/p\u003e","brand":"Food","offers":[{"title":"May, 2023 \/ 142 Pages \/ MCW16202140","offer_id":47562941006130,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/pea-starch-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}