Global Pea Starch Concentrate Market, 2014-2024: By Type (Food grade and Industrial grade), and By Application (Food Production, Pharmaceutical, Feed, Textile, and Others)
Pea starch concentrate is a native starch made from dry milling of peas. It is neutral white powder and have similar nutrition to starchy vegetables such as potatoes or sweet potatoes. Pea starch concentrate can provide nutritional benefits including low calorie formulation and allergen, gluten and lactose free solutions.it offered so many functional benefits such as, it expands when extruded, less allergenic, clean labelling for baked goods and snacks, and acid retort and shear stable similar to many modified starches. It increases cooking viscosity and gels after temperature decrease and improves texture in gluten free baked products.
Pea starch concentrate can be categories based on grade into food grade and industry grade. Pea starch concentrate has wide area of end use industry application included food production, pharmaceutical industry, feed industry, textile industry, and others. It is also sub classified yellow peas and green peas, based nature into liquid and powder. It is widely used as essential ingredient in food industry for an extrusion, moisture control, and keep stability and shelf life of edible products. It is also widely used in pharmaceutical industry for manufacturing drugs and nutraceutical products as it offered thickening, gelling and texturing properties. It also adopted in formulation of pet food and animal feed products. The industrial grade pea starch concentrate is widely used as stiffening and bonding agent in textile industry, paper industry, adhesives and sealant industry and cosmetics& personal care industry.
The global pea starch concentrate market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global pea starch concentrate market is growing at a fast pace and increasing its geographical footprint rapidly. The global pea starch concentrate market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in Europe and North America region due to expansion of end use industry in the region. The major growth driver for pea starch concentrate market demand of bakery items in the region. Also, rising demand form pet food and animal feeds industry as it is highly digestible source of amino acids and proteins is expected to drive the pea starch concentrates market globally. Also rising demand from textile and cosmetics industry and the demand for natural and organic ingredients in food health supplement products is expected to drive the growth of pea starch concentrates market globally.
The stringent regulations imposed by government and less awareness of pea starch concentrates benefits are the major impediments to the expansion of global pea starch concentrate market.
Pea starch concentrate enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of pea starch concentrate market globally. The companies that lead global pea starch concentrate market are Roquette, Yantai Oriental Protein Tech, Cosucra, Nutri-Pea, Shuangta Food, Jianyuan Group, Emsland-Starke, Yantai Dingfeng Biological Technology, and Ingredion Incorporated.
The research process includes the market segmentation of the global pea starch concentrate market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global pea starch concentrate market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: