Sellbyville, Delaware, Aug. 13, 2018 (GLOBE NEWSWIRE) --
The Pea Starch Market report featuring key industry trends across the end-user, product, and regional landscape by Global Market Insights, Inc. says, the Pea Starch Market share will surpass USD 850 million by 2025. Pea starch is widely used as a thickening and binding agent in a variety of food products and its increasing application in poultry rolls, sausages, processed meat, bakery products, and breakfast cereals has significantly driven the global pea starch market share. The availability of pea starch in gluten-free, organic, and non-genetically modified varieties is further likely to stimulate the industry growth.
As per the report, animal feed is expected to emerge as the key end-user segment and is projected to account for more than 10% of the overall pea starch market share by 2025.
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Feed grade-based pea starch market is projected to record a y-o-y growth of 23% over 2018-2025, driven by the extensive usage of pea starch in animal feed to impart nutritional value and the substantial growth in the global animal feed industry.
Europe pea starch market is anticipated to witness 25% CAGR over 2018-2025. The region’s growth is majorly attributable to its rapidly growing food & beverage sector in countries such as Italy, Germany, Spain, France, and UK. Further developments in the animal feed, pharmaceutical, and cosmetics sectors are also expected to stimulate the regional product demand.
Browse key industry insights spread across 170 pages with 211 market data tables & 23 figures & charts from the report, “Pea Starch Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pea-starch-market
The key players profiled in the report are Roquette Freres S.A., Yantai Oriental Protein Tech Co. Ltd., Shandong Jianyuan Bioengineering Co., Ltd., Cosucra-Groupe Warcoing, Emsland-Starke GmbH, Vestkorn Milling AS, Shandong Jianyuan Bioengineering Co., Ltd., Yantai T.Full Biotech Co Ltd., Meelunie B.V., Parrheim Foods, Meelunie B.V., American Key Products Inc., AGT Food and Ingredients Inc., The Scoular Company, Qingdao CBH Co., Ltd. Yantai Shuangta Food Co.,Ltd. The companies have been profiled in terms of their strategic outlook, product portfolio, and SWOT assessment.
Scope of the report:
- Pea starch market product landscape: Industry Grade, Food Grade, Feed Grade
- Pea starch market end-user landscape: Animal Feed, Food & Beverage, Pharmaceutical, Paper & Textile, Others
- Pea starch market regional landscape: Canada, U.S., Germany, Spain, UK, France, Italy, Hungary, Croatia, Romania, Poland, Russia, Czech Republic, Ukraine, Netherlands, Austria, India, China, Japan, Indonesia, Oceania, Malaysia, South Korea, Mexico, Brazil, South Africa, UAE, Kuwait, Saudi Arabia
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.