North America 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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Market Report Description
The North America Pea Starch Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
Magnesium, potassium, and calcium are just a few of the heart-healthy elements that can be found in significant amounts in green peas. Yellow peas have a lot of fiber, which aids in digestion. In addition, iron, lysine, and carbohydrates are abundant in dry yellow peas. They can thus serve as a substitute for other legumes like rice and wheat.
Due to its different nutritional richness in zinc, vitamins C and E, and other immune-strengthening antioxidants, peas and pea-based products are becoming more popular. With 30% to 60% dry weight, pea starch is a possible food element. Compared to other starches, pea starches include a larger proportion of amylose. It has many advantageous qualities, including a high resistance to shear-thinning, a high gel elasticity, a high temperature for gelatinization, and rapid retrogradation.
It is a highly useful raw ingredient for enhancing the texture and consistency of food products. Due to its high amylose presence, which is absent in other starches like potatoes, corn, and wheat, pea starch is a great substitute in various food products for its ability to gel & bind. The market for pea starch will rise in the upcoming years due to the advantages of starches in packaged meals and extruded snacks.
Peas are easy crops and therefore are grown in practically all nations of the world. One of the biggest exporters and producers of field peas, or dry peas, is estimated to be Canada. More than half of the nation's total peas exports are sent overseas as unprocessed seeds. In addition, field peas are widely utilized in feed production in North America, where entire seeds are ground and combined with crushed cereal seeds to produce feeds. Therefore, the region's prevalent demand and use of pea starch and pea products are boosting the market's growth.
The US market dominated the North America Pea Starch Market by Country in 2021; thereby, achieving a market value of $45,936.5 Thousands by 2028. The Canada market is experiencing a CAGR of 7.8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 6.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Pea Starch Market is Predict to reach $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 North America
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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