Europe Pea Starch Market Size, Share & Industry Trends Analysis Report By Source, By Grade (Food, Feed, and Industrial), By Product Type (Native, and Modified), By Function, By Application, By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Europe Pea Starch Market
Market Report Description
The Europe Pea Starch Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Dried peas are considered the most versatile and adaptable pulse substitutes, with a wide range of end uses. The component is a gluten-free, clean-label, non-GMO, slow-digestible, all-natural starch that promotes weight loss without changing the finished product's flavor. Additionally, pea production occurs everywhere, making it much simpler to source pea starch and expand the worldwide pea starch sector. Additionally, one of the major factors driving the pea starch market's expansion is the product's affordability. Customers are choosing pea starch because it is more affordable than the other available options on the market, like wheat starch, corn starch, and potato starch.
The recent breakout of dangerous viruses and an increase in preventative healthcare are driving growth in the vegetable protein industry, benefits of which have also been observed in the pea starch market. Furthermore, globally a sizable portion of consumers have been afflicted by various food allergies during the past few years. Therefore, as the market for allergen-free food grows, it influences the demand for ingredients like pea starch.
Consumers have recently started to learn more about the components used in the creation of their personal care products as well as the cosmetic items they use, selecting cosmetics with advantageous qualities like non-allergic characteristics. Due to pea starch's non-allergic and other advantageous qualities, cosmetic product producers include it in their products.
Pet food frequently contains pea starch as a carbohydrate source to enhance the quality and consistency of the meal. Germany's pet food industry has expanded dramatically in recent years. German pet owners are also concerned about the nutrition and health of their animals. The regional pea starch market is growing due to the rising demand for premium pet food.
The Germany market dominated the Europe Pea Starch Market by Country in 2021; thereby, achieving a market value of $13,903.7 Thousands by 2028. The UK market is exhibiting a CAGR of 4.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 6.4% during (2022 - 2028).
Based on Source, the market is segmented into Inorganic, and Organic. Based on Grade, the market is segmented into Food, Feed, and Industrial. Based on Product Type, the market is segmented into Native, and Modified. Based on Function, the market is segmented into Binding & Thickening, Texturizing, Gelling, Fil Forming, and Others. Based on Application, the market is segmented into Food & Beverages, Industrial, Pet Food, and Feed. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Pea Starch Market will Hit $222.5 Million by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion Incorporated, Roquette Freres SA, Emsland Group, Dakota Dry Bean, Inc., The Scoular Company, Axiom Foods, Inc., Yantai Shuangta Food co., LTD, PURIS, NutriPea LP and Organicway Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Binding & Thickening
- Fil Forming
- Food & Beverages
- Pet Food
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ingredion Incorporated
- Roquette Freres SA
- Emsland Group
- Dakota Dry Bean, Inc.
- The Scoular Company
- Axiom Foods, Inc.
- Yantai Shuangta Food co., LTD
- NutriPea LP
- Organicway Inc.
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