Pea Starch Market Growth, Trends, Opportunities & Forecast | USD 978.76 Million by 2025-2034

The pea starch market has witnessed significant growth, attaining a market value of USD 436.90 million in 2024. This growth is expected to continue through the forecast period of 2025-2034, with a compound annual growth rate (CAGR) of 8.40%, projected to reach USD 978.76 million by 2034. Pea starch, derived from peas, has become a key ingredient in various industries due to its versatility, sustainability, and functional properties. It is widely used in food and beverage production, animal feed, and other applications, making it a valuable commodity.

Market Size of Pea Starch

In 2024, the pea starch market was valued at USD 436.90 million, reflecting its increasing importance across industries. This value is expected to rise as demand for plant-based and sustainable ingredients continues to grow. The forecasted growth, with a CAGR of 8.40% during the period of 2025-2034, signifies that the pea starch market will see sustained expansion. This growth is driven by the rising adoption of pea starch as a substitute for other starches, particularly in food products where its neutral flavor and natural composition are highly valued.

Market Trends Driving Growth

Several trends are contributing to the expansion of the pea starch market. One major trend is the increasing demand for clean-label ingredients. Consumers are becoming more aware of the need for transparency in food production, leading to a shift toward natural and minimally processed ingredients like pea starch. Another significant trend is the growing popularity of plant-based diets, which has sparked an increase in the use of plant-based ingredients, including pea starch, in food and beverage products. Moreover, advancements in pea starch extraction technology have improved its functionality, making it suitable for a wider range of applications.

Get a Free Sample Report with Table of Contents

Market Opportunities and Challenges

The pea starch market presents numerous opportunities for growth. As the demand for healthier and more sustainable food options rises, pea starch is well-positioned to meet these needs due to its natural composition and health benefits. The food and beverage sector, in particular, offers vast opportunities for growth, with pea starch being used in gluten-free, vegan, and organic product formulations.

However, the market also faces several challenges. One of the primary challenges is the limited availability of pea crops in some regions, which can affect the supply of pea starch. Additionally, competition from other plant-based starches such as corn and potato starch may limit the market share of pea starch. The cost of production and price fluctuations in raw materials can also pose challenges to market stability.

Pea Starch Market Segmentation

Breakup by Type

Pea starch is primarily divided into two categories: Organic/Non-GMO and Conventional. Organic/Non-GMO pea starch is sourced from peas that are grown without the use of genetically modified organisms (GMOs) or synthetic pesticides. This category has seen rising demand, driven by consumer preference for organic and non-GMO products. Conventional pea starch, on the other hand, is produced from conventional farming practices and is widely used in various applications due to its cost-effectiveness and availability.

Breakup by Application

Pea starch finds applications in multiple industries, with the food and beverage sector being the largest. It is used as a thickening agent, stabilizer, and emulsifier in processed foods and beverages. In addition, pea starch plays a crucial role in animal feed, where it serves as a high-quality carbohydrate source. Other applications include its use in pharmaceuticals, cosmetics, and bio-based plastics. The growing trend towards plant-based and gluten-free products continues to boost the demand for pea starch in food and beverage applications.

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Growth of the Pea Starch Market

The growth of the pea starch market is primarily driven by the increasing awareness of sustainable, plant-based ingredients and the shift towards healthier, clean-label foods. Technological innovations in pea starch extraction and processing methods have enhanced the quality and functionality of pea starch, making it more suitable for various applications. The food and beverage industry, in particular, is projected to remain the largest contributor to the market, fueled by consumer demand for gluten-free, vegan, and natural products.

Furthermore, as more consumers embrace plant-based diets and sustainable food sources, the demand for pea starch as an alternative to animal-derived ingredients or synthetic additives is expected to rise. This creates a significant growth opportunity for market players to capitalize on the emerging trends and increase their market share.

Forecast for the Pea Starch Market

The forecast for the pea starch market is optimistic, with a projected value of USD 978.76 million by 2034. This growth will be driven by the continued shift toward plant-based ingredients and sustainable food production practices. The market is expected to expand across regions, particularly in North America, Europe, and Asia-Pacific, where demand for clean-label and vegan products is rapidly increasing. Advancements in processing technologies, along with increasing investments in research and development, will further enhance the market's growth prospects.

Competitor Analysis in the Pea Starch Market

Several key players dominate the pea starch market, each contributing to the growth and development of the industry through innovation and strategic partnerships. Major companies include:

• Ingredion Incorporated: A global leader in starch production, Ingredion is known for its high-quality pea starch products and is a major supplier to the food and beverage, animal feed, and pharmaceutical industries.
• Roquette Frères: Specializing in plant-based ingredients, Roquette Frères offers pea starch products that cater to various applications, with a strong focus on sustainability and innovation.
• Yantai Shuangta Food Co., Ltd.: A prominent supplier of pea starch and other plant-based products, Yantai Shuangta Food is expanding its footprint globally to meet growing demand.
• PURIS: A leading producer of pea starch in North America, PURIS focuses on sustainable farming practices and produces non-GMO, organic pea starch for food, beverage, and animal feed applications.
• Emsland Group: Known for its expertise in starch processing, Emsland Group produces high-quality pea starch for use in a wide range of industries, including food, feed, and bioplastics.
• Axiom Foods, Inc.: A major player in the plant-based ingredient sector, Axiom Foods offers pea starch as part of its diverse portfolio, catering to the growing demand for plant-based and gluten-free products.