Pea Starch Market Size

Pea Starch Market Size

Pea Starch Market is estimated to showcase about 20% CAGR between 2023 and 2032, attributed to the rising demand for plant-based and gluten-free products. As consumers become more health-conscious and seek substitutes to traditional starches, pea starch emerges as a natural and organic option derived from peas, which is rich in essential nutrients. Peas also have low ecological footprint compared to some other crops, making the product an ideal choice amidst the rising awareness of the environmental impact of food choices among consumers.

According to the figures listed on Consumer Ecology website, peas have a 30.3 times lower environmental impact than beef burgers, with 48.7 times less GHG emissions, requiring 35.7 times less land, and utilizing 6.6 times less water. Governments and organizations are promoting the cultivation of pulses such as peas due to their positive impact on soil health and low carbon footprint. Supportive initiatives and investments in sustainable agriculture drives the market growth.

Further, the food & beverage industry's inclination towards clean-label ingredients has propelled the adoption of pea starch as a preferred choice. As consumers analyze product labels for natural and recognizable ingredients, this product is free from allergens and additives. Its adaptability in various applications, such as bakery, confectionery, and meat products, further expands its usage, meeting the needs of manufacturers focusing to formulate healthier and more transparent food items.
 

The challenge of scalability in pea cultivation and processing hinders the industry expansion. Meeting the rising demand for the product on a large scale needs significant agricultural investment, effective supply chain management, and processing capabilities. Limited accessibility of arable land suitable for the cultivation and the necessity for advanced technologies in extraction and refinement processes pose obstacles to achieving economies of scale. Furthermore, fluctuating climatic conditions and crop yield variations can impact the consistent and reliable supply of peas, creating uncertainties for pea starch market players.