Global Pea Starch Market Forecast to 2026 - Set to Exceed $178 Million - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Pea Starch - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Pea Starch market accounted for $83.8 million in 2017 and is expected to reach $178.87 million by 2026 growing at a CAGR of 8.8% during the forecast period.
Rise in demand for convenience food and increase in the production of pea are driving the market. The lack of awareness regarding the amazing benefits of the pea starch is restraining the market.
Considering end users, the product is extensively used in food & beverage items such as confectionary, coating, dairy, pasta, bakery products, snacks, potato products, soups & sauces, meat, poultry, fish, etc. as a thickening and binding agent and hence can drive the market.
North America has increasing consumption of processed food coupled with developments in the animal feed industry will propel the regional market in coming years. Awareness among the regional population about the benefits of healthy eating habits has resulted in a rise in cooking at home, using natural ingredients and the expansion of online platforms for recipe ideas. These factors will also drive product demand in the forecast timeframe for use in food items such as confectionary, bakery products, snacks, etc.
Functions Covered:Texturizing Film Forming Binding & Thickening Gelling Other Functions
Grades Covered:Industry Feed Food
Applications Covered:Industrial Food & Beverages Feed Pet Food
Companies Profiled:Cosucra-Groupe Warcoing EMSland-Starke Ingredion Incorporated Jianyuan Group Meelunie Parrheim Foods Roquette Freres Sanstar Bio-Polymers Shandong Jianyuan Group Shuangta Food Vestkorn Milling Yantai Dingfeng Biological Technology Yantai Oriental Protein Tech
For more information about this report visit https://www.researchandmarkets.com/research/q7w8vd/global_pea_starch?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005241/en/
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Related Topics:Food Ingredients
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/18/2019 08:39 AM/DISC: 01/18/2019 08:39 AM