The global pea starch market is projected to grow significantly, with a valuation of USD 426.9 million in 2024, anticipated to reach USD 671.8 million by 2029 at a CAGR of 9.5%. Key growth drivers include the rising demand for canned foods and increasing consumer interest in organic, clean-label packaged foods, food hygiene, and ready-to-eat products. Furthermore, the expanding use of pea starch in the pet food industry presents substantial growth opportunities for the market.

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Key Driver: Expanding Applications of Pea Starch in the Food Industry

The versatility of pea starch is driving its adoption in the food industry. As a healthy alternative to traditional starches like corn and wheat, pea starch meets growing consumer demand for sustainable, clean-label products.

• Functional Applications: Pea starch is widely used as a thickening, gelling, and stabilizing agent in processed foods, dairy alternatives, sauces, soups, snacks, and baked goods.
• Consumer Appeal: Its ability to improve texture, mouthfeel, and shelf life makes it ideal for plant-based dairy and meat substitutes. Pea starch’s natural, clean-label origin aligns with transparency-focused food labelling trends.
• Health Benefits: Rich in fiber and boasting a low glycemic index, pea starch appeals to health-conscious consumers. Its eco-friendly, biodegradable properties also enhance its marketability.

These diverse applications are expected to continue fueling growth in the pea starch market.

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Application Focus: Food & Beverage Segment to Lead with the Highest CAGR

The food & beverage segment is forecast to achieve the highest CAGR during the forecast period. Pea starch’s multifunctionality as a thickening agent, emulsifier, stabilizer, and anti-caking ingredient is pivotal in its widespread adoption.

• Plant-Based and Gluten-Free Diets: Pea starch is a key ingredient in plant-based dairy and meat alternatives, as well as gluten-free bakery products.
• Nutritional Appeal: The starch’s fiber content, low glycemic index, and digestive health benefits contribute to its rising demand.
• Clean-Label Trend: As consumers prioritize natural, minimally processed ingredients, pea starch’s ability to enhance food texture and consistency without compromising quality bolsters its appeal.

These factors position the food & beverage segment as the dominant contributor to pea starch demand.

Regional Insight: North America to Witness Rapid Growth (2024-2029)

The North American pea starch market is expected to grow rapidly during the forecast period, driven by:

• Changing Diet Preferences: Increasing adoption of plant-based and gluten-free diets fuels demand for alternative starches like pea starch.
• Food & Beverage Innovation: The region’s dynamic food industry promotes the development of innovative plant-based meat substitutes, dairy alternatives, and gluten-free products.
• Raw Material Availability: North America, especially Canada, is home to major pea producers, ensuring a steady supply of raw materials.
• R&D Investments: Companies in the region are focusing on enhancing the functional benefits of pea starch, such as improved texture, emulsification, and shelf-life stability.

These combined factors solidify North America’s position as the fastest-growing region in the global pea starch market.

Top Pea Starch Companies:

The report profiles key players such as Ingredion (US), Roquette Frères (France), Yantai Shuangta Food Co., Ltd. (China), Ebro Foods, S.A. (Spain), Puris (US), DSM-firmenich (Netherlands), AGT Food and Ingredients (Canada), Emsland-Stärke Gesellschaft (Germany), Cosucra (Belgium), and Agrocorp International Pte Ltd. (Singapore).