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The Global Pea Starch Market size was worth US$ 84.9 million in 2020, and it is estimated to reach a valuation of US$ 134.7 million by the end of 2025<br><br>Request Sample: https://www.marketdataforecast.com/market-reports/pea-starch-market/request-sample<br>
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Global Pea Starch Market foreseen to cross USD 192 million by 2025 Market overview: The global Pea Starch Market was worth USD 136 million in 2019, and it is estimated that it will reach USD 192 million by 2025 at a CAGR of 7.0% during the outlook period. Pea starch is a rich source of amylose and this unique characteristic provides better thickening and gelling properties than other commonly used starches. Pea starch has excellent properties such as heat resistance, shear stability, and natural acidity. Pea starch is mainly used in a variety of foods such as deli, meat, cream, and pasta in sauce. It is extracted from dried peas Pisum sativum and is characterized by the majority of amylose and low gel temperatures, which explains its functional texture and film-forming properties. Recent developments: In December 2018, Emsland Group signed an agreement with IMPAG Group for the distribution of natural starch and modified starches such as pea starch. In April 2019, Roquette Frères launched a new pea starch 'Beaute by Rouquette ST 720' for the cosmetic market. Market Drivers and Restrains: The increasing demand for pea starch due to the increased use of ethanol production is one of the main factors driving the growth of the global pea starch market. Also, the increase in pea production in developed countries due to its excellent thickening and gelling properties, which are beneficial for various end uses, is a factor that is expected to drive the growth of the worldwide pea starch market in the future. The increasing adoption of pea starch in a variety of industrial and food applications is another factor that is expected to support the growth of the pea starch market during the forecast period. Increased consumption of prepared foods, growth of the bakery industry and growth of the textile industry are some of the key factors that are expected to drive the growth of the pea starch market. The high starch production of peas is one of the main growth drivers of the pea starch business. Additionally, a growing health
conscious population in the global food and beverage market with nutritious foods and beverages, coupled with a genuine brand commitment to quality, taste and flavor, is contributing to the growth of the global pea starch market. Furthermore, the increasing demand for pea starch as pet food is expected to increase the demand for pea starch in the world market during the forecast period. However, the degenerative process affecting the functional properties of pea starch is an important factor that is expected to slow the growth of the world market during the outlook period. To know more read: https://www.marketdataforecast.com/market-reports/pea-starch-market Report is segmented as: The world market for pea starch is segmented by grade, application, and function. By grade, the market is segmented into feed, food and industry. On the basis of the application, the market is segmented into pet food, food and beverage and animal feed. By function, the market is segmented into ruminants, pigs, poultry and others. Geographical Segmentation: The North American market has the highest sales share in the target market due to the high production of dried peas in the countries of the region. The Asia Pacific market is expected to record a relatively high CAGR in the global market over the next 10 years. This growth may be due to the increased demand for natural ingredients and clean label products in countries in the region such as China and India. The European market is expected to generate significant revenue in the global market. Key market players: Major players in the pea starch industry include American Key Food Products, Agridient, Cosucra Groupe Warconing SA, Meelunie B.V., Emsland Group, Puris Foods, Scoular Company, Shanghai Bichain Industrial Chemical, Roquette Frères, and Vestkorn Milling AS. View sample and decide:
https://www.marketdataforecast.com/market-reports/pea-starch-https://www.marketdataforecast.com/market-reports/pea-starch- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com
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