Global Pea Starch market is expected to reach 490 million US$ by the end of 2025
The global Pea Starch market is valued at 310 million US$ in 2018 is expected to reach 490 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025. https://www.qyresearch.com/index/detail/964069/global-pea-starch-competition-analysis-report
The global Pea Starch market is valued at 310 million US$ in 2018 is expected to reach 490 million US$ by the end of 2025, growing at a CAGR of 6.0% during 2019-2025.
https://www.qyresearch.com/index/detail/964069/global-pea-starch-competition-analysis-report
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<strong>Global</strong> <strong>Pea</strong> <strong>Starch</strong> <strong>market</strong> <strong>is</strong><br />
<strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>490</strong> <strong>million</strong> <strong>US$</strong><br />
<strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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• <strong>Pea</strong> starch <strong>is</strong> a rich source <strong>of</strong> amylose (35 %) and th<strong>is</strong> unique<br />
feature gives it good thickening and gelling properties which<br />
are better than o<strong>the</strong>r commonly used starches.<br />
• On a global scale, pea starch <strong>is</strong> a major <strong>by</strong>-product <strong>of</strong> pea<br />
protein production process. <strong>the</strong> pea starch product <strong>is</strong> in <strong>the</strong><br />
early stages <strong>of</strong> <strong>the</strong> global industrialization compared <strong>to</strong><br />
o<strong>the</strong>r starch industry. The whole pea starch <strong>market</strong> <strong>is</strong> driven<br />
<strong>by</strong> <strong>the</strong> new protein extraction <strong>market</strong>, advanced R&D<br />
initiatives, and r<strong>is</strong>ing vegetarian population.<br />
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• Currently, <strong>the</strong> fac<strong>to</strong>rs driving <strong>the</strong> growth <strong>of</strong> <strong>the</strong><br />
aforementioned industry are Meats Processing, Asian Pastas.<br />
As <strong>the</strong> demand increases rapidly for downstream industries,<br />
and <strong>the</strong> wider range <strong>of</strong> applications, <strong>the</strong> demand for pea<br />
starch will correspondingly increase. The increased<br />
consumption <strong>of</strong> pea starch <strong>is</strong> <strong>expected</strong> <strong>to</strong> continue during<br />
<strong>the</strong> remaining years <strong>of</strong> <strong>the</strong> forecast period <strong>of</strong> 2019-2024.<br />
<strong>Pea</strong> starch industry will usher in a rapid growth space.<br />
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• There are companies adding new capacities and aims<br />
at <strong>the</strong> cost and quality leadership which shall improve<br />
pr<strong>of</strong>itability, such as Roquette. As <strong>the</strong> same time,<br />
companies are focusing on technological innovation,<br />
equipment upgrades, and process improvements, <strong>to</strong><br />
reduce costs and improve quality. The competition in<br />
pea starch <strong>market</strong> will become more intense.<br />
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QYResearch<br />
The global <strong>Pea</strong> <strong>Starch</strong> <strong>market</strong> <strong>is</strong> valued at 310<br />
<strong>million</strong> <strong>US$</strong> in 2018 <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>490</strong><br />
<strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong>, growing at a<br />
CAGR <strong>of</strong> 6.0% during 2019-<strong>2025</strong>.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/964069/<br />
global-pea-starch-competition-analys<strong>is</strong>-report<br />
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