The global pea starch market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. The rising demand for gluten-free products and pea fibers is contributing to the growth of the pea starch market across the globe. Gluten is a protein found in wheat, barley, and rye, many people are gluten intolerant as it causes medical issues such as diarrhea, fatigue, osteoporosis, bloating, and others. According to the data released by the Gluten Intolerance Group, in 2020, around 1 in 100 individuals globally, and over 3 million people in the US are gluten intolerant, which has accelerated the demand for pea starch across the globe. The pea starch is gluten-free which is safe to use for patients with gluten-related disorders such as celiac and others. Additionally, compared to gluten products, pea starch products are also easy to digest and are light on the stomach.
Browse the full report description of “Global Pea Starch Market Size, Share & Trends Analysis Report by Function (Binding & Thickening, Gelling, Texturizing, and Film Forming), by Source (Organic and Conventional), and by Application (Food & Beverages, Animal Feed and Pet Food, Clinical Nutrition and Cosmetics) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/pea-starch-market
Resultantly, several food product manufacturers are inclined towards adopting various strategic initiatives such as innovated product launches and others catering to fulfill the rising demand for gluten-free starch products. For instance, in February 2021, AKFP (American Key Food Products) launched organic native tapioca starch that is certified gluten-free and paleo- and vegan-friendly. The product has been derived from the root of the cassava plant, the non-modified pea starch. It is equally effective as a thickener, filler, binder and stabilizer in baked foods, extruded snacks, frozen food, dry mixes, soups, sauces and gravies.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Function
o By Source
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Cargill Inc., American Key Products, Inc., Emsland-Starke limited liability company, Sansar Bio-Polymers Ltd., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Pea Starch Market Report Segment
By Function
By Source
By Application
Global Pea Starch Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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