The global pea starch market is projected to reach USD 211 million by 2027 and 156 million by 2022, growing at a CAGR of 6.2% from 2022 to 2027. The pea starch market is growing at a significant pace with new product launches and distribution agreements to expand the market. In April 2022, Puris Foods partnered with Upcycled Food Association (UFA), an organization committed to combating food waste and loss to certify its Non-GMO and Organic Native Pea Starches. In September 2019, Axiom Foods entered into an agreement with Brenntag Food and Nutrition (Germany) to distribute plant-based products such as rice proteins, pea proteins, and pea starch in Europe, the Middle East, and Africa. The growing investments by the pea starch manufacturers are proliferating the market growth.

Asia Pacific has a huge demand for pea starch from countries such as China, India, Japan, and other Southeast Asian countries. The production of pea starch becomes more economical in these countries due to the availability of ample resources and manpower. Food and beverage are the major application segment where pea starch is being used. Food manufacturers are increasingly using pea starch as a substitute for regular starches owing to their cost-effectiveness to minimize the cost of final products. This also comes up with the presence of price-sensitive consumers across the region. Additionally, the people across the countries in these regions are witnessing changing lifestyles such as growing urban and working populations leading to a shift towards convenience food thereby accelerating the use of pea starch in the market.

Key players in this market include Emsland Group (Germany), Ingredion Incorporated (US), Roquette Freres (France), Vestkorn (Norway), Axiom Foods (US), COSUCRA (Belgium), AGT Food & Ingredients (Canada), Puris Foods (US), NutriPea (Canada), and Organicway (China), among others.

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