The global pea starch market is estimated to display
an exponential CAGR in the next couple of years due to rising applications and
benefits. Pea starch is usually obtained from the yellow pea. It has a main
role to play as a gelling as well as a stabilizing agent in a variety of food
items. Moreover, it is deployed while carrying out the process of livestock
feeding. Pea starch stability is also being employed to enrich the crispiness
in various food products as well as to augment the volume quantity in numerous
extruded snacks. A wide range of nutritional benefits is associated with the
use of it ranging from reduced calorie formulation, lower allergen solutions to
gluten and lactose free solutions.
The product is largely favored by the gluten intolerant
individuals as well as vegan consumers. In addition, constant innovations and
researches are being taken up by the manufacturers to offer healthier products
as well as to introduce various pea starch-based products so that it raises the
scope of choice among the consumers.
The factors that are playing a key role in raising
the share of the pea starch market may entail robust industrialization,
augmented awareness among the end users regarding the efficiency of the
product, growth of the good industry, rise in the investments by the leading companies,
augmented demands for pea starch from the customers, rising applications and
benefits of the product, and economic development of the region.
Moreover, the usage of pea starch as a stabilizing
as well gelling agent in a wide range of food products is increasing largely,
that is in turn acting as a significant factor in raising the share of the pea
starch market across the globe. Global Pea Starch Market is classified by type
as Feed Grade, Industrial Grade, Food Grade, and others. Pea Starch Market is
segregated on the basis of application as Meat Products, Soups, Sauces, and
others.
Pea Starch Market is categorized on the basis of end
user as Feed, Food, Textile, Pharmaceutical Industries, and others. Pea Starch
Market is segregated by geography as North America, Southeast Asia, China,
Europe, Japan, and India. Among all the geographical regions, North America is
the dominant region of the pea starch market and it is holding the largest
share in the market, the reason being augmented production, developing
economies, robust demand for pea starch particularly as a gelling agent, growth
of food industry, and mounting investments by the leading manufacturers.
In contrast, Asia Pacific and Europe are also
expanding at a significant rate in the pea starch market due to rise in the
market growth opportunities in these regions. The prominent players operating
in the Global Pea Starch Market are recognized as COSUCRA (SOCODE), Emsland
Group, Shandong Jianyuan Group, Parrheim Foods, ROQUETTE, Meelunie B.V.,
Vestkorn, Sanstar Bio - Polymers Ltd., and American Key Food Products.
Comments
Post a Comment