Report Ocean has recently published the “Pea Starch Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The pea starch market size was valued at $292.9 million in 2018, and is projected to reach $544.7 million by 2026, growing at a CAGR of 8.3% from 2019 to 2026. North America is one of the prominent regions in the market that solely accounted for approximately 42.1% of the total pea starch market share in 2018. For instance, cross-linked starches are widely used in the food industry majorly as thickeners where high and stable viscosity is needed. It is suitable for various applications in food and animal feed production, owing to its superior film and gel-forming properties. It is used in confectionary, coating, dairy, pasta & noodles, bakery products, snacks, potato products, soups & sauces, meat, poultry, and fish & seafood products.
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Pea starch is a carbohydrate product that is rich in native starch and protein. The product is rich in amylose, which promotes its gel-forming properties. Pea starch is majorly available as a by-product of protein extraction. Therefore, it is considered to be a relatively cheap source of starch compared to corn, wheat, and potato starches. Moreover, in the search for new food protein resources, small commercial facilities are engaging in manufacturing protein concentrates from pea by air classification or wet milling techniques. However, the major products from these processes are either crude or refined pea starches. Modified pea starches are used for diversified industrial applications.
Moreover, cationized starches are used as a wet end additive agent in the paper manufacturing process to improve the strength of the paper. The global pea starch market is segmented into type, application, and region. On the basis of type, the market is classified into organic/non-GMO and conventional. By application, it is differentiated into food & beverages, feed and others. Region wise, the market for pea starch is studied across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
– This report provides a quantitative analysis of the current pea starch market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing opportunity.
– The key countries in all the major regions are mapped depending on their market share.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– A comprehensive analysis of factors that drive and restrict the market growth is provided.
– An in-depth analysis of the market helps to determine the prevailing market opportunities.
– The report includes details of the pea starch market analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.
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The key players operating in the pea starchindustry include Agridient, American Key Food Products, Cosucra Groupe Warconing SA, Emsland Group, Meelunie B.V., Puris Foods, Roquette Freres, Shanghai Bichain Industrial Chemical, the Scoular Company, and Vestkorn Milling AS.
KEY MARKET SEGMENTS
– By Type
o Organic/Non-GMO
o Conventional
– By Application
o Food & Beverages
o Feed
o Others
– By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– Germany
– France
– UK
– Italy
– Rest of Europe
o Asia-Pacific
– China
– India
– Japan
– Southeast Asia
– Rest of Asia-Pacific
o LAMEA
– Latin America
– Middle East
– Africa
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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