Pea Starch Market

Market Leaders: Growing awareness about healthy and nutritional food to increase the demand for Pea Starch among food manufacturers

The global pea starch market is estimated to account for USD 91.8 million in 2018 and is projected to reach USD 134.7 million by 2023, at a CAGR of 8.0% during the forecast period. The key players in the pea starch market include Emsland Group (Germany), Roquette Freres (France), and Vestkorn Milling AS (Norway), Cosucra Groupe Warconing SA (Belgium), and Roquette Freres (France). The other players engaged in the pea starch market are Meelunie B.V. (Netherlands), Parrish and Heimbeckar, Ltd. (Canada), Puris Foods (US), Yantai Oreintal Protein Tech Co., Ltd. (China), Axiom Foods, Inc. (US), The Scoular Company (US), Shandong Jianyuan Group (China), AGT Food and Ingredients (Canada), Felleskjøpet Rogaland Agder (US), Yantai Shuangta Food Co., Ltd. (China), and Dakota Dry Bean (US). The key players in the market are focusing on adopting various business strategies such as new product development, expansions, acquisition, and partnerships, to improve their market presence and product portfolios. Roquette Frerers and Emsland group are identified as the top two companies in the pea starch market, based on their product offerings and geographical presence.

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Roquette Freres is a key player in plant-based ingredients and proteins. It offers products that cater to food, nutrition, and health markets. It has its operations in more than 100 countries across regions such as Asia Pacific, Europe, North America, and South America. The company operates through its subsidiaries, which include Roquette America, Inc. (US), Roquette Ltd. (UK), Roquette Co., Ltd. (China), Roquette CH SA (Switzerland), and Roquette Korea Ltd. (Korea). It also provides products for the biopharma, pharmaceuticals, cosmetics, food & nutrition, and animal nutrition sectors. The pea starch products offered by the company are widely used for gelling, texturizing, and thickening functions in foods such as pasta, sauces, meat, poultry as well as feed. The company has undertaken expansion as its strategy; for instance, in May 2018, the company opened up a new pea production unit in Vic-sur-Aisne, Hauts-de-France, France to widen its product portfolio.

Emsland Group is involved in manufacturing products for the vegetable processing industry. The company supplies products through its marketing and sales offices in more than 120 countries including North America, South America, Europe, Asia, and Australia. The company has seven manufacturing facilities in Germany, and each location caters to business areas such as research, product development, quality management, marketing, and sales for the company. The company focuses on growth strategies such as new product development to lead in the competitive market. In January 2018, the company launched a new pea starch product, Empure ES 100, which is a clean label pea starch and caters to the demands for gluten-free bakery products.

Related Reports:

Pea Starch Market by Application (Food & Beverages, Feed, Pet Food, Industrial), Function (Binding & Thickening, Gelling, Texturizing, Film Forming), Grade, and Region (North America, Europe, Asia Pacific, Row) - Global Forecast to 2023

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Report Code
FB 6708
RI Published ON
10/24/2018
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