The Worldwide Pea Starch Industry is Expected to Reach $203 Million by 2026 at a CAGR of 7.2% from 2021 - ResearchAndMarkets.com
The pea starch market was valued at USD 134 million in 2020, estimated to be USD 143 million in 2021 and is projected to grow at a CAGR of 7.2%, to reach USD 203 million by 2026.
- The pea starch market was valued at USD 134 million in 2020, estimated to be USD 143 million in 2021 and is projected to grow at a CAGR of 7.2%, to reach USD 203 million by 2026.
- An increase in the demand for pea starch from different end-user application industries that includes food & beverages, pet food, feed and industrial is driving the demand for pea starch.
- Food is estimated to account for the largest share in 2021 for pea starch based on the grade segment.
- These Asia Pacific countries primarily process these peas for manufacturing pea starch, pea protein, and pea fiber.