The global pea starch market is experiencing notable growth and is projected to reach USD 246.43 million by 2030, up from USD 118.75 million in 2021, with a robust CAGR of 8.45% during the forecast period (2022–2030). The demand for pea starch is being driven by the growing need for natural, gluten-free ingredients, and its diverse applications across food, feed, and industrial sectors.
Market Definition
Pea starch is derived from peas, primarily using water and mechanical processes. It is a white, odorless, and fine powder that is widely used in food products, animal feed, and industrial applications due to its binding, gelling, and thickening properties. It is an ideal alternative to other starches, such as corn and potato starch, owing to its clean-label status, making it attractive to consumers seeking natural and gluten-free options.
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Latest 3 Market Trends
Growth in Demand for Plant-Based Ingredients
The growing trend of plant-based food products has boosted the demand for pea starch as an essential ingredient in gluten-free, vegan, and organic foods. With increasing health-consciousness, consumers are turning towards plant-based alternatives to support clean eating. Pea starch offers a natural and healthier substitute for other starches, helping brands align with consumer preferences.Rising Popularity of Clean-Label Products
As consumers demand transparency and cleaner ingredient labels, pea starch's appeal as a natural ingredient free from additives or preservatives is accelerating. The clean-label movement is particularly strong in the food and beverage industry, where non-GMO and natural products are gaining traction.Increased Application in Bioplastics and Other Industrial Uses
Another growing trend is the use of pea starch in the production of bioplastics, which are sustainable and biodegradable. As industries seek more eco-friendly alternatives to petroleum-based plastics, pea starch is gaining popularity due to its renewability and biodegradability. It also finds applications in the pharmaceutical industry as a binder and disintegrant in tablets.
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3 Key Growth Factors Driving the Market
Rising Health Consciousness and Demand for Clean Foods
The increasing awareness regarding health and wellness is a key factor driving the pea starch market. Consumers are now more inclined towards natural and gluten-free food options. As a result, food manufacturers are using pea starch as a key ingredient in snacks, sauces, and other processed food items to cater to health-conscious individuals.Growing Use in the Pharmaceutical Industry
The pharmaceutical industry is increasingly relying on pea starch as a natural excipient in tablets and capsules due to its excellent binding and disintegration properties. This is contributing significantly to the market growth as the demand for plant-based, non-synthetic substances increases in drug formulations.Expanding Use in Animal Feed
Pea starch is being increasingly utilized in animal feed formulations as it provides a rich source of carbohydrates that help promote better growth rates and improve feed efficiency. With the rising demand for sustainable and nutritious animal feed, pea starch is seeing greater uptake in livestock and poultry farming.
3 Key Market Opportunities
Increasing Demand for Gluten-Free and Plant-Based Foods
The rising global population's shift toward vegan, vegetarian, and gluten-free diets presents a significant opportunity for the pea starch market. With the increasing availability and popularity of plant-based alternatives, manufacturers have a lucrative opportunity to create pea starch-based products for a diverse consumer base.Sustainability and Bioplastics
Pea starch is gaining recognition in the development of bioplastics, especially in an era where sustainability and eco-friendly products are in high demand. With consumers and industries alike shifting towards biodegradable packaging solutions, the demand for pea starch as a raw material for biodegradable plastics is expected to rise.Emerging Markets in Asia-Pacific and Latin America
The market is witnessing rapid growth in regions like Asia-Pacific and Latin America, where the demand for processed foods and eco-friendly products is on the rise. These emerging markets are expected to present untapped opportunities for pea starch suppliers, especially as consumer preferences for natural ingredients continue to grow.
Market Segmentation
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By Source
- Conventional
- Organic
By Application
- Food & Beverages
- Animal Feed
- Pharmaceuticals
- Bioplastics
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
List of Key Players in the Pea Starch Market
- Roquette Frères
- Ingredion Incorporated
- Cargill, Incorporated
- Emsland Group
- Tate & Lyle PLC
- The Scoular Company
- Vestkorn Milling
- MGP Ingredients, Inc.
- Nutrimed Ltd.
- Axiom Foods, Inc.
Dominated Region: Asia-Pacific
Asia-Pacific is the dominant region in the global pea starch market. This region is a hub for the growing demand for natural and plant-based ingredients, especially in food processing. With the expansion of processed food markets, the demand for pea starch in countries such as China and India is expected to continue to rise significantly.
Fastest Growing Region: Europe
Europe is the fastest-growing region in the pea starch market, driven by the increasing demand for clean-label products and natural, plant-based ingredients. The growing popularity of gluten-free foods and bioplastics is expected to contribute to the rapid market growth in the region during the forecast period.
Conclusion
The global pea starch market is set for significant growth due to the increasing demand for natural ingredients, plant-based food alternatives, and eco-friendly products. The market’s expansion is supported by growing health-consciousness, the demand for gluten-free foods, and the shift towards sustainable practices, including the use of pea starch in bioplastics. As the market continues to grow, companies that innovate in product offerings and expand into emerging regions will have an edge in capturing the opportunities presented by this fast-evolving sector.
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