Product Code: ETC4536445 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India pea starch market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. The growth rate between 2023 and 2024, although slightly lower, still showed significant expansion. The market maintained a strong upward momentum, indicating a consistent and substantial growth trend during the period.
Pea starch is gaining traction in the India food industry as a natural, gluten-free, and non-GMO ingredient. It is used in various food applications, including bakery products, snacks, and soups, to enhance texture and functionality.
The India pea starch market is witnessing growth due to a combination of factors. First, the increasing popularity of plant-based diets and the demand for clean-label and allergen-free ingredients drive the use of pea starch in various food and beverage products. Second, the eco-friendly and sustainable nature of pea starch aligns with the rising environmental consciousness among consumers. Moreover, the functional properties of pea starch, such as its use as a thickening and gelling agent, expand its application in the food industry. As a result, the India pea starch market is set to flourish as it caters to the demand for both clean and sustainable ingredients.
Challenges in the India Pea Starch Market include sourcing high-quality pea starch, managing production costs, and promoting the benefits of pea starch as an alternative ingredient.
The pea starch market may have experienced disruptions in sourcing and production due to the pandemic`s impact on supply chains and manufacturing processes.
Key players in the pea starch market include Roquette Freres, Cosucra Groupe Warcoing, Vestkorn Milling, Yantai Shuangta Food, and Parrheim Foods.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Pea Starch Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Pea Starch Market Revenues & Volume, 2021 & 2031F |
3.3 India Pea Starch Market - Industry Life Cycle |
3.4 India Pea Starch Market - Porter's Five Forces |
3.5 India Pea Starch Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Pea Starch Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India Pea Starch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 India Pea Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for plant-based products due to health and environmental concerns |
4.2.2 Growth in the food and beverage industry leading to higher demand for pea starch as a clean label ingredient |
4.2.3 Rising awareness about the benefits of pea starch such as gluten-free, non-GMO, and sustainable production practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the cost of production |
4.3.2 Lack of awareness among consumers about pea starch as a viable alternative to traditional starches |
4.3.3 Regulatory challenges related to labeling, certification, and import/export restrictions |
5 India Pea Starch Market Trends |
6 India Pea Starch Market, By Types |
6.1 India Pea Starch Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Pea Starch Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Pea Starch Market Revenues & Volume, By Organic , 2021-2031F |
6.1.4 India Pea Starch Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2 India Pea Starch Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India Pea Starch Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 India Pea Starch Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 India Pea Starch Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 India Pea Starch Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 India Pea Starch Market Revenues & Volume, By Native , 2021-2031F |
6.3.3 India Pea Starch Market Revenues & Volume, By Modified, 2021-2031F |
7 India Pea Starch Market Import-Export Trade Statistics |
7.1 India Pea Starch Market Export to Major Countries |
7.2 India Pea Starch Market Imports from Major Countries |
8 India Pea Starch Market Key Performance Indicators |
8.1 Percentage growth in the number of new product launches containing pea starch |
8.2 Increase in the number of partnerships or collaborations between pea starch manufacturers and food companies |
8.3 Expansion of distribution channels for pea starch products within India |
9 India Pea Starch Market - Opportunity Assessment |
9.1 India Pea Starch Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Pea Starch Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India Pea Starch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 India Pea Starch Market - Competitive Landscape |
10.1 India Pea Starch Market Revenue Share, By Companies, 2024 |
10.2 India Pea Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |