Market Dynamics:
The pea starch market is primarily driven by its increasing demand from the food and beverage industry. Pea starch acts as a gluten-free alternative to wheat flour and corn starch in many food applications. This makes it suitable for consumers with gluten intolerance. Moreover, changing lifestyles and hectic schedules have boosted the demand for convenience and processed food products where pea starch plays a key role. Additionally, pea starch has high nutritional value as it contains dietary fibers, proteins and antioxidants. This makes it a preferred ingredient in health-based food and beverages. However, price volatility of peas may hamper the market growth during the forecast period. The expanding vegan food market also provides opportunities for pea starch makers.

Key Takeaways:

The Global Pea Starch Market Size is expected to witness high growth, exhibiting CAGR of 8.1% over the forecast period, due to increasing demand for plant-based and gluten-free ingredients. Pea starch acts as a suitable substitute for wheat and corn starches in various food applications such as soups, sauces, baked goods, and pet food.

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