CHICAGO, June 24, 2021 / PRNewswire / – Pea starch is high in amylose and has a unique characteristic in imparting thickening and gelling properties and is better than other commonly used starches. According to the new market research report “Pea Starch Market by Category (Food, Feed, Industrial), Application (Food & Beverage, Industrial, Pet Food, Feed), Source, Function (Binding & Thickening, Gelation, Texturing, film formation), Product Type and Region – Global Forecast to 2026“, published by MarketsandMarkets ™, the market is expected to grow from an estimated value of $ 143 million in 2021 to reach $ 203 million by 2026, to a CAGR of 7.2%. Pea starches are carbohydrates and are extracted from the raw materials of peas. They are used in many applications for the food, food, textile and pharmaceutical industries. Pes starches are renewable and biodegradable in nature, which is why they are used as an alternative to fossil fuel components in many chemical applications such as cosmetics, detergents and pharmaceuticals. They remain stable at various pH levels and at elevated temperatures.
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By quality type, the food grade segment is expected to hold the largest share of the market, during the forecast period
Pea starch is widely used for food applications including confectionery, baking, sauces, soups, noodles, pasta, and meat products. Of these, noodles and pasta are the most popular applications of pea starch in the food industry. Pea starch is mainly used for its binding and thickening properties in the production of noodles and pasta. Pea starch in the animal feed industry is used in pet food products as a source of carbohydrate to improve the texture and quality of the pellets. In addition, it is used in pharmaceutical and cosmetic industries to ensure the stability, mechanical strength and disintegration of tablets to products.
Food and Beverage Segment Expected to Hold One of the Largest Pea Starch Market Share, by Value, in 2021
The food and beverage segment dominated the market in 2020 and is expected to show a similar trend in the coming years. This is mainly due to the high amylose content which gives a binding and gelling form to food products. In addition to this, the growing awareness of the health benefits of pea starch among customers is also leading to its increasing use in food and drink products.
Also, due to the lower production cost of pea starch compared to other starches such as potatoes and corn. For this reason, manufacturers prefer pea starches over other starches as it allows manufacturers to offer low cost products to end users. The production of pea starch is profitable due to its easy and abundant availability, low prices and lower cost of production. Thus, due to its cost effectiveness and its many advantages, pea starch finds its application and use in several applications.
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By function, the binding and thickening segment dominated the market in 2020 and is expected to show a similar trend in the coming years.
Pea starch is widely used by manufacturers in various industries. It offers many advantages, such as high gelatinization temperature, low water binding and low solubility. It also offers a high amount of amyloidosis and a wasted cost. Pea starch is a by-product of pea protein extraction. It is stable at high temperature and high pH and is considered the cheapest starch compared to other starches, such as potato, corn, and wheat. These beneficial factors of pea starch are driving the demand for pea starch among manufacturers for many end applications.
Some of the traditional functions of pea starch include binding and thickening, gelation, texturing, and film formation. With texture being one of the most important characteristics of food products, pea starch is widely used as a texturizing and gelling agent in food products. Pea starch is also used in animal feed, pet food, and industrial applications.
By source, inorganic segment dominated the market in 2020 and is expected to show a similar trend in the coming years
Inorganic pea starch as a raw material is more suitable for industrial applications, such as paper, textiles and plastics. It is widely used for biotechnology applications. The quality of inorganic pea starch is the same as the quality of organic pea starch because inorganic farming can also provide essential micronutrients for crops like organic farming. However, the sources of these starches are different. It becomes substantial because it allows more robust and simpler processes. Inorganic agriculture allows the use of all the pesticides available on the market, while organic agriculture needs specific products. The processing of inorganic pea starch takes relatively less time than that of organic starch. In addition, with the flexibility of the pesticides used and less time required for processing, inorganic pea starch is less expensive compared to organic pea starch.
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By product type, the native segment dominated the market in 2020 and is expected to show a similar trend in the coming years.
Native pea starch is derived from yellow peas. It is processed differently from pea flour, which is a major ingredient derived from peas. Peas contain about 40% starch. Native starch is a white powder form with a neutral color and taste. It is a gluten-free and non-allergenic ingredient widely preferred by customers around the world. It has a higher amylose content and high gelatinization than corn, potato and tapioca, which gives it better stability when cooking at high temperature and changes in pH.
Asia Pacific is expected to dominate the majority market share, in the pea starch market, in terms of value, in 2021
On the basis of region, the global pea starch market is segmented into North America, Europe, Asia Pacific, South America, and the rest of the world (including Africa and the Middle East). the Asia Pacific The market is expected to be the largest and fastest growing market for pea starch and mainly reflects an increase in the consumption of noodles and vermicelli in the region as it helps to improve the texture of the products. food. In the regions of North America and Europe, the consumption of ready meals, dairy products, baked goods and meat products has increased, which has boosted the demand for pea starch among manufacturers. of food products. According to the United States Department of Agriculture (USDA), demand for ready-to-eat food products has increased among consumers, due to the low prices of ready-to-eat food products over the years and the reduced preparation time for food products.
This report comprises a study on the marketing and development strategies as well as a survey of the product portfolios of the major companies operating in the Pea Starch market. It includes profiles of leading companies, such as Yantai Shuangta Food Co., Ltd. (China), AGT Foods and Ingredients (Canada), Emsland Group (Germany), Cosucra Groupe Warcoing SA (Belgium), Roquette Frères (France), Ingredion Incorporated (United States) and Axiom Foods Inc. (United States).
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