The Europe Pea Starch Market was calculated to be US$ xx million in 2021, and it is predicted that it will reach a valuation of US$ xx million by 2026 with an expansion rate (CAGR) of xx% between 2021 and 2026.
Pea starch has excellent properties such as better shear stability, high temperature resistance, and natural acid. It is used primarily in a variety of food products such as deli, meat, cream, and pasta in sauce. Pea starch is derived from yellow peas. It is processed into pea flour, a common ingredient found in peas. Pea starch is rich in amylose and is considered gluten-free. Pea starch is non-GMO and does not cause allergies. It contains 40% starch, and the natural starch form is a white powder with a neutral taste and color. It is used in various industries such as food and beverage, feed industry, pharmaceuticals, etc.
The demand for Europe Pea Starch is increasing due to its versatile use in the pharmaceutical, food and feed industries.
The increase in processed foods has led to a greater demand for gelling and stabilizing agents. Gelling agents and stabilizers are used to obtain the proper texture and integrity of the food. Pea starch is one of the popular stabilizing and gelling agents in the food industry. Changes in lifestyle and eating habits, as well as the increased demand for lateral awareness due to sedentary lifestyles and the increasing number of working women, have led to an increase in demand for processed foods throughout the world. After the pea protein is extracted, the pea starch is extracted from the by-product. Pea starch contains a lot of amylose, which gives strength to pea starch, which has strong gelling properties. Pea starch is considered one of the best ingredients for foods that should have a short and elastic structure. The increasing application of pea starch as a gelling and stabilizing agent is one of the main drivers of the Europe Pea Starch market. Other benefits of pea starch, such as low-calorie content, lactose, nutritional content, and gluten-free formulation, are some of the secondary factors for using pea starch in food ingredients. The demand for processed foods has grown around the world in recent decades. Pea starch is also used to stabilize various canned foods such as hot dogs. It is widely used in ready-to-use starch soups and noodles because it adds thickness and texture to various soups and sauces.
Pea starch is very useful for processing dairy products such as custard and chocolate mousse due to its excellent gelling properties. It provides stability in a variety of bakery and confectionery products such as fruit fillings, breakfast cereals, baked snacks and soft candies. Pea starch is also used in the pharmaceutical, animal feed and textile industries. With increasing application and increasing demand, the Europe Pea Starch market is supposed to increase positively in terms of value and volume during the forecast period. The rising demand for pea starch due to the increased use of ethanol production is one of the main factors driving the growth of the Europe Pea Starch market.Also, the increase in pea production in developed countries due to its excellent thickening and gelling properties that are beneficial for a variety of end-uses is a factor that is supposed to drive the growth of the Europe Pea Starch market in the future. Besides, the growing need for pea starch as pet food is estimated to increase the demand in the European Pea Starch market during the outlook period. Furthermore, the increasing adoption of Pea Starch in a variety of food and industrial applications is another factor that is envisioned to support the growth of the Europe Pea Starch market during the conjecture period.
Starch degeneration can cause serious problems for food processors by causing certain undesirable effects, such as a shortened shelf life in starchy foods. It especially affects bakery products by increasing the hardness of the breadcrumbs, changing the taste and aroma, and losing the crunchiness. Lack of consumer awareness of the superior features and benefits of a product will be a major factor undermining market prospects. The low demand for products due to ignorance has been aggravated by the prevalence of other products in the Europe Pea Starch market, such as corn, potatoes and products derived from corn. These factors can hamper the growth of the Europe Pea Starch industry during the forecast period.
By end-user, the food and beverage sector are estimated to be the largest and fastest growing sector. Pea starch is used primarily in foods and beverages due to its various functional benefits. It helps to improve the texture, consistency and quality of food. Pea Starch offers food and beverage manufacturers low-fat, low-calorie, gluten-free, allergen-free, and GMO-free solutions. This enables manufacturers to meet changing consumer demand for clean and healthy label products. This is a key factor driving the growth of the food and beverage sector in the market.
Depending on the application, the European market is divided into stabilizing and gelling agents (soups, sauces and meat products).
By type, the food grade segment is expected to dominate the market during the outlook period. It is used to improve the quality, texture and consistency of food.
Geographically the Europe Pea Starch Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe is supposed to have the substantial share in 2025 due to the world's largest manufacturer and exporter of pea starch. The region is also estimated to remain a major consumer due to increased consumption of processed foods and growing demand for adhesives in a wide range of industrial applications. Currently, Europe is expected to be an important region for the global pea starch market and is likely to grow during the envisioned period.
Key Players in the Market:
Major Key Players in the Europe Pea Starch Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Pea Starch Market, By Type
6.1.1 Food Grade
6.1.2 Feed Grade
6.1.3 Industrial Grade
6.1.4 Market Size Estimations & Forecasts (2020-2025)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Pea Starch Market, By Application
6.2.2 Gelling Agent
6.2.3 Market Size Estimations & Forecasts (2020-2025)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Pea Starch Market, By End-User
6.3.3 Food & Beverage
6.3.6 Market Size Estimations & Forecasts (2020-2025)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Europe - Market Analysis (2020 - 2025)
7.2.1 By Country
126.96.36.199 Rest of Europe
7.2.2 By Type
7.2.3 By Application
7.2.4 By End-User
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Tate & Lyle Bio Products
8.3 AM Nutrition
8.4 Emfood Trading BV
8.5 American Key Food Products
8.6 Emsland Group
8.7 Roquette America, Inc.
8.9 Vestkron Milling
8.10 Axiom Foods Inc
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures