Product Code: ETC4536451 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Pea Starch market reflects the increasing demand for plant-based ingredients in the food and industrial sectors. Pea starch, derived from yellow peas, is gaining popularity as a clean-label and gluten-free alternative in food applications. The market is witnessing a surge in the use of pea starch in products such as bakery goods, snacks, and as a thickening agent in various food formulations. Industrial applications, including the paper and textile industries, also contribute to the demand for pea starch. Key market players are focusing on expanding production capacity and improving processing technologies to meet the growing demand for pea starch in Vietnam. The market`s growth is driven by factors such as consumer preferences for natural and sustainable ingredients and the versatility of pea starch in different applications.
The Vietnam Pea Starch Market is witnessing significant growth driven by several factors. One of the primary drivers is the increasing awareness of the health benefits of pea starch, which is considered a healthier alternative to traditional starches. As consumer preferences shift towards clean-label and plant-based products, pea starch has gained popularity in various food applications. Moreover, the demand for gluten-free and allergen-free ingredients in the food industry is propelling the adoption of pea starch. Additionally, the sustainability aspect of pea starch production aligns with the global trend of environmentally friendly practices, further boosting its demand in various food products.
The Vietnam Pea Starch Market encounters challenges that impact its production and market positioning. Dependence on pea cultivation and variations in pea crop yields pose challenges for consistent raw material supply. The market also faces competition from other starch sources, necessitating differentiation and unique selling propositions. Regulatory compliance and adherence to quality standards in the production process further contribute to market complexities. Consumer education about the benefits and applications of pea starch becomes crucial for market expansion.
In the wake of the COVID-19 pandemic, the pea starch market in Vietnam has experienced notable shifts. The disruptions in supply chains and logistical operations have affected the production and distribution of pea starch. Despite these challenges, the market has witnessed a surge in demand for plant-based and clean-label products, driving the interest in pea starch as a versatile ingredient. Manufacturers are navigating the uncertainties by exploring sustainable sourcing practices and investing in technology to enhance production efficiency, ensuring the resilience and adaptability of the pea starch market in Vietnam.
In the rapidly evolving Vietnam Pea Starch market, several key players are contributing to the sector`s development. Among them, Emsland Group, Roquette, Vestkorn, and Axiom Foods are noteworthy. These companies are at the forefront of pea starch production, playing a pivotal role in meeting the demand for clean-label and plant-based ingredients in the Vietnamese food industry.
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 Vietnam Pea Starch Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Pea Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Pea Starch Market - Industry Life Cycle |
3.4 Vietnam Pea Starch Market - Porter's Five Forces |
3.5 Vietnam Pea Starch Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Pea Starch Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Vietnam Pea Starch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Vietnam Pea Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Pea Starch Market Trends |
6 Vietnam Pea Starch Market, By Types |
6.1 Vietnam Pea Starch Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Pea Starch Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Pea Starch Market Revenues & Volume, By Organic , 2021-2031F |
6.1.4 Vietnam Pea Starch Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2 Vietnam Pea Starch Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Pea Starch Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Vietnam Pea Starch Market Revenues & Volume, By Feed, 2021-2031F |
6.2.4 Vietnam Pea Starch Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Vietnam Pea Starch Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Pea Starch Market Revenues & Volume, By Native , 2021-2031F |
6.3.3 Vietnam Pea Starch Market Revenues & Volume, By Modified, 2021-2031F |
7 Vietnam Pea Starch Market Import-Export Trade Statistics |
7.1 Vietnam Pea Starch Market Export to Major Countries |
7.2 Vietnam Pea Starch Market Imports from Major Countries |
8 Vietnam Pea Starch Market Key Performance Indicators |
9 Vietnam Pea Starch Market - Opportunity Assessment |
9.1 Vietnam Pea Starch Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Pea Starch Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Vietnam Pea Starch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Vietnam Pea Starch Market - Competitive Landscape |
10.1 Vietnam Pea Starch Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Pea Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |