About Nature Pea Starch
Pea starch is a non-GMO, non-allergenic starch that is derived from yellow peas and processed from pea flour, which is a general ingredient that comes from pea. It also provides excellent thickening and gelling properties to the food product. It is considered as a clean label ingredient, thus using it as an effective alternative to other modified starch. Moreover, studies have found that pea starch is an excellent bioplastic, that will make it an ideal renewable and biodegradable material.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global nature pea starch market is fragmented in nature as major food ingredient suppliers are producing the pea starch across the globe to fulfill the demand from end-use industry such as food and beverage, feed, and others. Moreover, players are now focusing on organic ingredients as the awareness regarding organic products has risen among the consumers. Also, installation of new facilities, product innovation, investment in research, and developments are some of the strategies that major players are adopting to remain competitive in the market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Nature Pea Starch market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emsland Group (Belgium), Roquette Frères (France), Cosucra Groupe Warconing (Belgium), Ingredion Incorporated (United States), Axiom Foods Inc. (United States), Vestkorn Milling AS (Norway), Meelunie B.V. (Netherland), Puris Foods (United States), AGT Food and Ingredients (Canada) and Dakota Dry Bean Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are American Key Food Products (United States), Nutri-Pea Limited (Canada), Parrheim Foods (Canada), Yantai Oriental Protein Tech Co., Ltd. (China), Yantai Shuangta Food Co., Ltd. (China), The Scoular Company (United States) and Shandong Jianyuan Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Nature Pea Starch market by Type (Organic and Inorganic), Application (Food and Beverages (Snacks & Savory Products, Soups & Sauces, Meat & Poultry Products, Others), Industrial Applications (Pharmaceuticals, Textiles, Cosmetics, Paper, Others), Feed (Swine Feed, Poultry Feed, Ruminant Feed, Others) and Others) and Region.
On the basis of geography, the market of Nature Pea Starch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Function, the sub-segment i.e. Binding & Thickening will boost the Nature Pea Starch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Nature Pea Starch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Food Grade will boost the Nature Pea Starch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Shift in Consumer Preferences for Natural or Plant-Based Ingredients
Market Growth Drivers:
Growing Demand for Pea Starch from Various End-Use Industries Owing To High Nutrient Properties, Cost-Effectiveness of Manufacturing Pea Starch and Increasing Focus on the Consumption of Products with Reduced Allergen and Increase in Demand for Gluten-Free Food Products
Challenges:
Stringent Food Safety Standards and Regulations and The threat of Substitute Starches
Restraints:
Effect of Retrogradation on the Functional Properties of Pea Starch and Decrease in the Production of Dry Pea
Opportunities:
Constant Research & Developments and Innovations As Well As Growing Demand from the Pet Food Industry and Rapid Developments in the Food and Beverage Industry
Market Leaders and their expansionary development strategies
In May 2021, Gillco Ingredients and Cosucra Inc. entered a distribution agreement. Gillco will be distributing specialty ingredients like Nastar native pea starch to end customers across multiple consumer sectors in the United States.
In April 2019, Roquette Frères had launched ‘Beaute by Rouquette ST 720’, a new pea starch for the cosmetics market., and In October 2022, Roquette (La Madeleine, France) introduced two new organic pea ingredients—organic pea starch and organic pea protein—produced at its Portage la Prairie plant in Manitoba, Canada and sourced from a network of organic pea growers from Canada. According to Innova Market Insights, 30% of global consumers, particularly millennials, report increased consumption of organic products over the previous 12 months.
Key Target Audience
Nature Pea Starch Manufacturers, Raw Material Suppliers, Food Processing Companies, Traders/Exporters/Importers, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.