The global pea starch market size is projected to be USD 130 million in 2024. By 2034, the market is predicted to move forward to USD 241 million, advancing at a CAGR of 13.1% in the intervening period.
Gluten-free has become a way of life for an increasing number of people. Consumers follow the examples of celebrities and sports stars and make the decision to go gluten-free. This is putting gluten-free ingredients like pea starch into the limelight.
Novak Djokovic and Jessica Alba are examples of celebrities whose gluten-free path is followed by impressionable consumers. Add to that the growing number of people intolerant to gluten, and the conditions are right for gluten-free substances to prosper. Thus, pea starch is becoming more common in diets.
As consumers become more knowledgeable about their food, their preference is leaning toward organic and non-GMO ingredients. Thus, the adoption of pea starch in the food and beverage industry is climbing up.
The focus on organic ingredients extends to the weight loss sector. As fitness trends go from strength to strength, the weight loss industry’s size is getting bigger. A vast number of fitness enthusiasts also tailor their diet plans to be as organic as possible. Thus, starch is becoming more of a common commodity in weight loss products.
Pea production is only progressing around the world. As pea production steadily increases, so does the capacity to procure starch from it. With pea production around the world having crossed 15 million tonnes, there is more room for industry players to advance their cause.
Pea starch is emerging as a significant alternative to other starches. The product is preferred as it is more cost-effective than potato or tapioca starch. The ability of the starch to provide greater stability to bakery ingredients and candy, among others, as compared to traditional starches, is also raising its popularity.
| Attributes | Details |
|---|---|
| Estimated Global Pea Starch Market Size (2024E) | USD 130 million |
| Projected Global Pea Starch Market Value (2034F) | USD 241 million |
| Value-based CAGR (2024 to 2034) | 13.1% |
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Technological Advancements in the Extraction and Processing of Pea Starch
Traditional extraction and processing methods of the starch are being complemented by technological innovation to make the production process smoother. Normal extraction equipment like files and centrifugal screens continue to be the preferred method by manufacturers. New methods of extraction and processing are opening up new opportunities for industrialists.
Ultrasonic extraction is one method that is being used by manufacturers. As the industry is still developing, producers are on the lookout for new extraction techniques that help them streamline the production process. This will benefit the global pea starch market.
Rising Demand for Allergen-free Food
The rising number of people suffering from allergies globally is requiring more adoption of allergen-free food. The trend of preventive healthcare also aids in more people identifying allergies quicker.
Parents taking more precautions concerning their children is also leading to greater demand for non-allergen food. Thus, starch made from peas is getting more popular, leading to increasing product sales.
Pea Starch’s Consistency and Texture Properties Admired by Food Producers
The starch provides exemplary consistency to baked goods. Its ability to provide texture to food also sees it become more prominent in food products. Thus, the benefits of pea starch for texture enhancement and thickening are helping along the industry’s development.
Other uses of the product are also keeping the demand flowing in the sector. The starch is also used in the animal feed industry. Another emerging industry is the cosmetics one. Both these sectors are still seeing experimental use of the starch and as knowledge about the benefits of it increases, the sectors are poised to be notable avenues of growth.
Adoption of Alternatives Limiting Growth
The pea starch market forecast looks promising amid growing health and wellness trends and surging demand for plant-based ingredients. However, the industry is facing certain limitations that might limit growth.
One key growth restraining factor is the availability and adoption of established starches. Several consumers are increasingly using alternatives like corn starch and potato starch due to their benefits like cost-effectiveness.
The pea starch market advanced at a rate of 5.8% between 2019 to 2023. This allowed the industry value to climb from USD 98 million in 2019 to USD 123 million by 2023.
As factories shut down, food processing was adversely affected. With pea starch ruction still in its developing stages, this hit the industry particularly hard. However, as the effects of the pandemic subsided, there was more to be optimistic about.
Health was under the spotlight as an after-effect of the pandemic. Thus, weight loss products gained more prominence, and the pea starch market benefitted from this.
The market is set to progress at a rate double that of the historical period in the forecast period. A number of factors play a key part in the industry’s growth rate becoming radically positive. The continuing turn towards gluten-free products among the populace is a major benefactor of the sector.
The use of the pea-based starch in baking applications is slated to further demonstrate the industry’s potential. As baking becomes more prominent in Asian countries, baking ingredients are getting new wind, which benefits the pea starch industry too. Meat products are also using the starch to improve the texture of the meat. Thus, the possibilities for growth in the sector are wide open.
Principal Consultant
The gluten-free phenomenon is particularly strong in Europe, where sports culture dominates. The health trend is also catching on in North America. Thus, health concerns and the positive reputation of gluten-free diets are helping the industry penetrate further in these regions.
| Countries | CAGR (2024 to 2034) |
|---|---|
| China | 3.4% |
| United States | 6.6% |
| United Kingdom | 4.3% |
| Germany | 5.6% |
| India | 4.2% |
In the United States, the market is set to progress at a CAGR of 6.6% through 2034. The obesity problem in the United States has reached massive proportions, and steps are being taken to counteract it.
Both at a personal level and at the government level, the population of the United States is being encouraged to lose weight. Weight loss products are thus becoming more common on the shelves of stores. Starch derived from peas is rising in estimation for the manufacturers of these products. Thus, the ingredient has a bright future in the nation.
Germany is slated to be fertile ground for the industry going forward. The sector is set to grow at a CAGR of 5.6% through 2034. Germany is a country perpetually enveloped by a sports frenzy. To get a step up over competitors, a significant number of athletes in the country are going the gluten-free route.
The propagation of gluten-free products in Germany is only signaling positive things for organic ingredients in the country. Thus, pea starch is seeing more demand in the region.
The United Kingdom market is predicted to register a CAGR of 4.3% over the ensuing decade. This is attributable to increasing production and consumption of bakery items in the nation.
In the United Kingdom, the bakery sector is reaching new heights. However, there is also a yearning for organic and non-fattening ingredients in sweets and bread. Thus, the use of the pea-based starch has become more common in the nation's food industry.
The section below sheds some light on key segments. The detailed pea starch market segmentation can help companies invest in popular forms to boost revenues and stay ahead. Conventional still rules the roost in the nature segment. Bakery products are placed at number one in terms of end use.
| Segment | Conventional (Nature) |
|---|---|
| Value Share (2024) | 81.5% |
The conventional starch segment is estimated to account for a revenue share of around 81.5% in 2024. This is attributable to growing preference for conventional pea starch owing to its advantages like cost-effectiveness.
Conventional methods of extracting and processing pea starch have been mastered by manufacturers. Thus, conventional starch is still the dominant form of the product. However, the organic version of the product is also climbing in popularity.
As more consumers look to cram as many natural ingredients as possible into their diets, the future of organic starch looks bright. As a result, a robust CAGR has been assigned to organic segment.
| Segment | Bakery Products (End Use) |
|---|---|
| Value Share (2024) | 24.4% |
The bakery products segment is estimated to account for 24.4% of the pea starch market share in 2024. This can be attributed to high adoption of pea starch in a wide range of bakery products.
Growing incidence of celiac disease and surging demand for gluten-free diets are set to boost product sales. Pea starch is becoming an ideal alternative to wheat flour in baked goods.
The bakery sector continues growing strong in Western countries. However, the opening up of countries in the Asia Pacific to a greater degree is opening up new avenues for the bakery sector.
The bakery sector is also desiring non-allergenic ingredients at a faster rate. Thus, the scope of the industry is widening through the bakery segment.
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The pea starch market is heavily fragmented, with several companies vying for share and with room to grow. Multinational companies are partnering with local enterprises for a piece of the pie.
The focus of Axiom Foods Inc. one of the most prominent companies in the market, is on eco-friendly growing of peas. Dakota Dry Bean, on the other hand, looks to increase its sales through the development of all pea products in conjunction.
Several players are heavily investing in research and development to create new pea-based products to meet specific needs of industries. For instance, companies are creating modified starches. This will likely help players to boost their sales and stay ahead of the competition.
Industry Updates
Based on its nature, the pea starch market is bifurcated into organic and conventional.
In terms of grade, the pea industry is categorized into feed grade, food grade, and industrial grade.
Key product applications include thickening and binding, gelling, texturizing, and others.
When it comes to end use, the industry is segmented into soups and sauces, snacks and savory, bakery products, food processing industry, cosmetics, pharmaceuticals, and pet food industry.
Analysis has been carried out in key countries of North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.
The size of the pea starch sector is estimated to be USD 130 million in 2024.
The industry is expected to increase at a CAGR of 13.1% over the forecast period.
Sales in China are expected to soar at 3.4% through 2034.
The pea starch market value is forecast to total USD 241 million by 2034.
Axiom Foods Inc., Dakota Dry Bean, Parrheim Foods, and Cargill Inc.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Nature
6.2. Application
6.3. Grade
6.4. End Use
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Nature
7.1. Organic
7.2. Conventional
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
8.1. Thickening and Binding
8.2. Gelling
8.3. Texturizing
8.4. Others
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Grade
9.1. Feed Grade
9.2. Food Grade
9.3. Industrial Grade
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
10.1. Soups and Sauces
10.2. Snacks and Savory
10.3. Bakery Products
10.4. Cosmetics
10.5. Pharmaceuticals
10.6. Pet Food
10.7. Others
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
11.1. North America
11.2. Latin America
11.3. Western Europe
11.4. South Asia
11.5. East Asia
11.6. Eastern Europe
11.7. Middle East & Africa
12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
19. Sales Forecast 2024 to 2034 by Nature, Application, Grade, and End Use for 30 Countries
20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
21. Company Profile
21.1. Axiom Foods Inc.
21.2. Dakota Dry Bean
21.3. Parrheim Foods
21.4. Cargill Inc.
21.5. Vestkorn
21.6. Roquette
21.7. Sanstar Bio-Polymers
21.8. Emsland Group
21.9. American Key Products
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Pea Starch Market
