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Asia Pacific Pea Starch Market By Application (stabilizing And Gelling Agent), By Type (food Grade, Feed Grade And Industrial Grade), By End User (pharmaceutical, Feed, Food, Textile, Livestock), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 3685
Pages: 145

Asia Pacific Pea Starch Market Growth and Forecast (2022 - 2027):

Asia Pacific Pea Starch Market size was around USD XX billion in 2021. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2026.

Market Overview:

Pea starch is derived from the yellow peas which is the most common ingredient that is derived from peas. Peas have 40% starch which is a white powder and is neutral in taste and colour.

Pea starch is non-GMO (genetically modified organisms), non-gluten, and non-allergenic ingredient. It does not contain gluten, and is preferred by consumers who are gluten intolerant or prefer vegan food. It is stable under high temperature. Shear and acid are commonly used for the aseptic processing of food products such as soups, sauces, and meat products. Pea starch’s stability is utilized for improving crispness in food products coupled with enhancing volume quantity in several extruded snacks. It forms a strong and sliceable gel in cooling process in contrast to the other starches at about 4% in comparison to 10-20% by other starches. It provides numerous nutritional benefits like low calorie formulation, gluten and lactose free solutions, and allergen solutions.

Drivers and Restraints:

Rising demand for pea starch as a stabilizing and gelling agent in several food products is a primary factor fuelling the pea starch market worldwide. Pea starch has numerous nutritional benefits like low calorie formulation, gluten and lactose free solutions, and allergen solutions which is another key driving factor market growth. Manufacturers are selling innovative pea starch-based products in order to remain competitive. They are providing healthier product offerings based on the growing demand for pea starch as an improved gelling agent in a variety of meat products. Thus, the Asia Pacific pea starch market is estimated to observe robust growth over the aforementioned forecast period. The primary factor which can hinder the market growth is pea starch’s capability of retro gradation.

Region Analysis:

The Asia Pacific pea starch market is segmented on the basis of type, end user, and application. By type the market is categorized into feed grade, food grade, and industrial grade. By application it is primarily used as a stabilizing and gelling agent in several food products like soups, sauces and meat products. By end user it is segmented into pharmaceutical, food, feed, textile industries, and livestock.

If we go by geography, the market is classified into India, China, Korea, Japan and others. It is the second largest market. China has imported yellow peas from Canada and U.S. for making noodles and baked goods.

Key Players in the Market:

Major key players in the Asia Pacific Pea Starch Market are

Some of the key players identified across the value chain of the Asia Pacific pea starch market include ROQUETTE, Sanstar Bio - Polymers Ltd., Emsland Group, Meelunie B.V., Vestkorn, American Key Food Products, COSUCRA (SOCODE), Shandong Jianyuan Group, Parrheim Foods are among others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Food Grade            

                                5.1.3 Feed Grade            

                                5.1.4 Industrial Grade    

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Stabilizing and gelling agent             

                                                5.2.2.1 Soups

                                                5.2.2.2 Sauces

                                                5.2.2.3 Meat Products

                                5.2.3 Y-o-Y Growth Analysis, By Application         

                                5.2.4 Market Attractiveness Analysis, By Application       

                                5.2.5 Market Share Analysis, By Application        

                5.3 End User                      

                                5.3.1 Introduction           

                                5.3.2 Pharmaceuticals   

                                5.3.3 Feed          

                                5.3.4 Food          

                                5.3.5 Textile       

                                5.3.6 Livestock  

                                5.3.7 Y-o-Y Growth Analysis, By End User             

                                5.3.8  Market Attractiveness Analysis, By End User          

                                5.3.9  Market Share Analysis, By End User            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By End User

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By End User

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Application

                                                6.1.5.4 By End User

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 ROQUETTE                  

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Sanstar Bio - Polymers Ltd.                  

                8.3 American Key Food Products                              

                8.4 COSUCRA (SOCODE)                               

                8.5 Shandong Jianyuan Group                   

                8.6 Parrheim Foods                        

                8.7 Emsland Group                         

                8.8 Meelunie B.V.                           

                8.9 Vestkorn                     

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia Pacific Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  2. Asia Pacific Food Grade Market By Region, From 2022 - 2027 ( USD Million )
  3. Asia Pacific Feed Grade Market By Region, From 2022 - 2027 ( USD Million )
  4. Asia Pacific Industrial Grade Market By Region, From 2022 - 2027 ( USD Million )
  5. Asia Pacific Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  6. Asia Pacific Stabilizing and gelling agent Market By Region, From 2022 - 2027 ( USD Million )
  7. Asia Pacific Pea Starch Market By End User, From 2022 - 2027 ( USD Million )
  8. Asia Pacific pharmaceutical Market By Region, From 2022 - 2027 ( USD Million )
  9. Asia Pacific feed   Market By Region, From 2022 - 2027 ( USD Million )
  10. Asia Pacific food    Market By Region, From 2022 - 2027 ( USD Million )
  11. Asia Pacific textile Market By Region, From 2022 - 2027 ( USD Million )
  12. Asia Pacific livestock feeding Market By Region, From 2022 - 2027 ( USD Million )
  13. Japan Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  14. Japan Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  15. Japan Pea Starch Market By End User, From 2022 - 2027 ( USD Million )
  16. China Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  17. China Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  18. China Pea Starch Market By End User, From 2022 - 2027 ( USD Million )
  19. India Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  20. India Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  21. India Pea Starch Market By End User, From 2022 - 2027 ( USD Million )
  22. Australia Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  23. Australia Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  24. Australia Pea Starch Market By End User, From 2022 - 2027 ( USD Million )
  25. South Korea Pea Starch Market By Type, From 2022 - 2027 ( USD Million )
  26. South Korea Pea Starch Market By Application, From 2022 - 2027 ( USD Million )
  27. South Korea Pea Starch Market By End User, From 2022 - 2027 ( USD Million )

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