Global Pea Starch Market Size study with COVID-19 Impact, by Grade (Food, Feed, and Industrial), by Application (Food & Beverages, Feed, Pet Food, and Industrial), by Function (Binding & Thickening, Gelling, Film Forming, Texturizing and Others), by Source (Organic and Inorganic) and Regional Forecasts 2020-2027

Global Pea Starch Market is valued approximately USD 127.1 million in 2019 and is anticipated to grow with a healthy growth rate of more than 7. 0% over the forecast period 2020-2027. Pea starch is extracted from pisum sativum dry pea, is a rich source of amylose and provides thick consistency and gel-based texture as compare to other starches. Pea starch is acidic in nature, possesses high temperature resistance as well as better shear stability and gluten-free. Due to its gelling, texturizing, and thickening properties, it is widely used in various food application such as pasta sauces, creams, meats, delicatessen etc. The ongoing health crisis around COVID-19 has affected global pea starch market, due to temporary locked down in various countries. Thus, affecting agricultural and supply chain of pea starch. The rising demand for pea starch from various end-use industries, increase in demand for gluten-free food products and cost-effectiveness of manufacturing pea starch are the few factors responsible for growth of the market over the forecast period. For instance: as per Statista, the U.S. distribution channel of gluten free products was USD 2.79 billion in 2015 and is anticipated to rise by USD 7.59 billion in 2020. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 07th June 2017, France based Roquette Frères invested around USD 43.92 million on its Vic-sur-Aisne facility to expand pea processing capacity. However, effect of retrogradation on the functional properties of pea starch and decrease in the production of dry pea are the major factors restraining the growth of global Pea Starch market during the forecast period.

The regional analysis of global Pea Starch market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world owing to the increase in consumption of processed food, the demand for pea starch in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Emsland Group
Cosucra Groupe Warcoing SA
Roquette Frères
Vestkorn Milling AS
Ingredion Incorporated
Axiom Foods, Inc.
Felleskjøpet Rogaland Agder
Agt Food and Ingredients
Parrheim Foods
Puris Foods

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Grade:
Food
Feed
Industrial

by Application:
Food & Beverages
Feed
Pet Food
Industrial

by Function:
Binding & Thickening
Gelling
Film Forming
Texturizing
Others
By Source:
Organic
Inorganic

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Pea Starch Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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