Pea Starch Market Trends and Forecasts: A Comprehensive Industry Analysis for 2024

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Pea Starch Market by Source (Yellow Peas, and Green Peas), Grade (Food, Feed, and Industrial), Product Type (Native and Modified), Application (Food & Beverages, Industrial, Pet Food, & Feed), Nature, Technology Type and Region - Global Forecast 2029

The global pea starch market is estimated at USD 426.9 million in 2024 and is projected to reach USD 671.8 million by 2029, at a CAGR of 9.5% from 2024 to 2029. The global pea starch market is growing substantially due to its increasing application in the food and pet food industry. Additionally, the importance of gluten-free and allergen-free goods is increasing, resulting in the market's growth. Also, the growing vegan population and popularity of plant-based food products fuel the market's growth. Moreover, with the increasing demand for gluten-free and allergen-free diets, pea starch presents a good option for manufacturers looking to cater to these preferences.

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Based on product type, the native starch segment dominated the pea starch market during the study period.

Based on product type, the native starch segment is expected to dominate the pea starch market during the study period. It has a natural appeal and clean label, thereby offering versatile functionality in different industries. Consumer demand for simple, transparent, and minimally processed ingredients continues to rise; hence, native pea starch is aligned with this growing clean-label and health-conscious trend. Its ability to thicken, bind, and provide texture would make it an excellent addition to such food products as plant-based meats, gluten-free options, or dairy alternatives. Furthermore, native pea starch is non-GMO, allergen-free, and sustainable, fitting into the consumer demands for sustainability and allergy-free products.

The binding and thickening segment within the function has a larger share and is growing at a higher CAGR in the pea starch market during the forecast period.

The Pea starch's natural ability to bind and thicken makes it a highly versatile ingredient in food manufacturing, especially in plant-based, gluten-free, and clean-label products. Pea starch creates texture and structure in products- plant-based meats, dairy alternatives, and gluten-free baked goods. Thickening properties play a critical role in the manufacture of sauces, soups, gravies, and dressings to obtain the correct consistency. Furthermore, pea starch is appealing to the clean-label movement, as it provides a natural, simple ingredient that meets customers' requirements for product recognition and composition of non-synthetic components.

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Asia Pacific holds a significant market share in the pea starch market.

Asia Pacific holds a significant market share in the pea starch market. Increasing demand for plant-based, gluten-free, and organic products, which health-conscious consumers and sustainability trends are driving, is further creating a strong market for pea starch. As more people in Asia Pacific start using plant-based diets and avoid gluten, the demand for such alternative ingredients as pea starch continues to grow. Further, innovation in food technology and also emphasis on the clean label, non-GMO products are contributing toward higher adoption in food manufacturing. Government support for sustainable agriculture and the region's well-entrenched food sector is helping in the growth of the market further.

Leading 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), Agrocorp International Pte Ltd (Singapore).

Ingredion (US)

Ingredion is a global ingredient solutions provider that transforms grains, fruits, vegetables, and other plant-based materials into innovative, value-added solutions. The company operates across three core business segments, focusing on specialty ingredients designed to meet consumer trends in areas like Food and Beverage Ingredients, Animal Nutrition, and Others. Ingredion's pea-processed ingredients, such as protein isolates, concentrates, starches, and flours, fall primarily under their Food and Beverage Ingredients segment. This segment leverages specialized processing and formulation expertise to deliver functional and plant-based ingredients for food, beverage, and other industrial applications. Ingredion stands out as the exclusive North American producer providing a comprehensive range of pea protein isolates, pulse concentrates, and flours (including yellow pea, fava, chickpea, yellow lentil, and red lentil), along with pea-processed ingredients, creating a diverse and all-encompassing product portfolio.

Puris (US)

Puris was founded in 1985 and is headquartered in Minnesota. Puris is a US-based plant ingredients manufacturer. The company’s product segments are pea protein, pea starch, extruded pea protein, organic and soybean, and pulse products. It offers pea starch under its brand PURIS for food applications. PURIS Pea protein, starches, fibers, and other non-GMO components derived from soy, pulses, lentils, and other plant sources are manufactured exclusively by PURIS. Their pea starch is used in Plant-based meat, beverage, non-dairy, and snack industries. These sustainable ingredients promote healthy eating and activities that are safe for people, the environment, and life on Earth.

The company specializes in PURIS pea protein, PURIS pea starch, PURIS pea fiber, and ready-to-eat pea fiber. The company operates through its manufacturing facilities in Wisconsin, Iowa, and Minnesota in the US.

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