Market Research Future (Food and Beverages) Pea Starch Market Research Report | Page 3

Pea Starch Market Research Report - Forecast to 2023 2 Market Overview Peas are rich source of starch as they contain 40% starch that is neutral in color and taste. The global pea starch market is anticipated to expand remarkably at a CAGR of 11.3% during the forecast period of 2018-2023 and reach the valuation of USD 165.2 Mn by the end of 2023 from USD 86.50 Mn in 2017. Pea starch does not contain gluten. Hence, rise in trend of gluten-free diet is inducing high demand for pea starch in food and beverage industry for preparation of various food products, which in turn is propelling the growth of the global pea starch market. The high nutritional value of pea starch along with low-calorie formulation is leading to the increased utilization of pea starch by diet-conscious population, resulting in the significant growth of the global pea starch market during the forecast period. Regional Analysis: MRFR's report offer's an unbiased and comprehensive analysis of the key market trends in the global pea starch market. It includes a discussion on the current and historical market trends, growth opportunities and challenges backed by factful feedbacks. The grades of starches that are covered in the report on the global pea starch market are food grade, feed grade and industrial grade. The functions of pea starches that are assessed in the report are binding and thickening agent, gelling, film forming, texturizing and others. For opportunity analysis, the application areas that are covered in the report on the global pea starch market are food & beverages, industrial, pet food and others. All the sub-markets that are included in the report on the global pea starch market are profiled under four major regions such as North America, Europe, Asia Pacific and the Middle East and Africa. Page | 3 Copyright © 2017 Market Research Future.