Presently, pea starch is popularly known as a substitute in the starch and food industries. The rise in the consumer demand for plant-based nutrition and peas nutrition is driving the growth of pea starch. On the other hand, the production of peas consumes less water and show resistance to drought conditions. They also decrease the need for nitrogen fertilizers as they take nitrogen gas from the atmosphere. Thus, farmers are preferring peas as an ideal option for crop rotation to gain profit on crop yields. Subsequently, this has resulted in the development of the pea legume as a front-runner to replace meat and dairy in the current scenario. Resistant starch is elevating as a popular food component because of its beneficial physiological effects and heat resistance during processing. As a result, the smooth pea starch is preferred by the food product manufacturers in the food field due to its high resistant starch content and slower digestion rate. The incorporation of pea starch in ethanol production coupled with the growing peas demand for convenience food are contributing to an increment in the production of a pea to satisfy the customer demand.As a consequence, the [FURL=https://www.industryarc.com/Research/Pea-Starch-Market-Research-504871]Pea Starch Market[/FURL] size was evaluated at $91.58 million in 2018 and is estimated to grow at a CAGR of 8.07% throughout the forecast period 2019-2025, according to the global pea starch market report.
Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=504871[/FURL]
The report evaluates the pea starch market size based on grade, function, and application. Moreover, it provides a detailed analysis of prominent players and start-ups with their pea starch market share, globally.
Asia-Pacific Pea Starch Marketplace:
China and Japan are recognized as the top two importers of dextrins and other modified starches. These two countries held a share of 21.1% in world imports of these products. Moreover, these two eminent countries of APAC has experienced annual growth of 20% and 16% in dextrins and other modified starches import value respectively, during 2017-2018. The rapid growth in the APAC food & beverage industry along with the rise in the intake of noodles mainly across South Korea, Singapore, China, and Japan is fuelling the growth of pea starch in this region. This is because, pea starch is used as a raw material in the making of vermicelli, noodles, and other snack products. Besides, mainstream of plant-based diets, investments of pea starch manufacturers in the APAC region are raising the APAC pea starch market revenue. Hence, APAC has occupied a major share of 34% among other regions in the global pea starch market, as of 2018.
Major Players in the Pea Starch Market – Competitive Landscape:
Parrheim Foods, Shandong Jianyuan Group, Emsland Group, Cosucra Groupe Warcoing SA, Meelunie B.V., American Key Food Products, Vestkorn Milling AS, Roquette Frères S.A., Yantai Oriental Protein Tech Company, and The Scoular Company are the major players, which are involved in the global pea starch market.
About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.