The Asia Pacific Pea Derivatives Market would witness market growth of 11.0% CAGR during the forecast period (2022-2028).
Pea starch's thickening and gelling abilities are being improved by the high proportion of amylose starch it contains compared to other starch sources, which has expanded its use as a food additive in making bread, snacks, and soups. The popularity of pea starch as well as green pea protein, in food & beverage applications, is also rising, which is enhancing the market's revenue. These applications include sports nutrition, gluten-free foods, protein shakes, and vegetarian and vegan nutrition. Pea starch, conversely, has a higher gel strength and a stronger resistance to crumbling over a wider pH range.
Therefore, pea starch, a feasible source of thickening agent in the food sector, is in greater demand as a natural component, particularly in soups and sauces. The growing demand for pea protein due to the rising popularity of gluten-free foods is causing the pea derivative industry to flourish. Furthermore, the demand for texturizing and binding substances in food applications, such as pea fiber and starch, promotes market expansion. Pea derivatives are utilized in various industries, such as food and beverage production, animal husbandry, and personal care.
In China, over the past few years, the demand for food products with additional starch has seen a noticeable rise. As a result, Asia Pacific consumers are very interested in food goods with clear labels and natural components. Moreover, expenditure on food and drink has surged throughout Asia, especially in China. As it is a superb raw material for bean vermicelli and because pea starch is swiftly replacing mung beans as one of the new favorites among Chinese consumers, the demand is anticipated to be steady and grow quickly. All these elements promote the pea derivatives market's expansion in the region.
The China market dominated the Asia Pacific Pea Derivatives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $389.5 million by 2028. The Japan market is estimated to grow a CAGR of 10.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 11.7% during (2022 - 2028).
Based on Application, the market is segmented into Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, and Others. Based on Type, the market is segmented into Pea Protein (EIsolates, Concentrates, Textured and Hydrolysate), Pea Starch, Pea Fiber and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pea Derivatives Market is Projected to reach USD 5 Billion by 2028, at a CAGR of 10.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include International Flavors & Fragrances, Inc., Roquette Freres SA, PURIS, NutriPea LP (G.S. Dunn Dry Mustard Millers), The Scoular Company, Fenchem Biotek Ltd., The Green Labs LLC, COSUCRA Groupe Warcoing S.A., Burcon NutraScience Corporation, and Sotexpro (GEMEF Industries).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Meat Substitutes
- Bakery Goods
- Dietary Supplements
- Beverages
- Others
By Type
- Pea Protein
- EIsolates
- Concentrates
- Textured
- Hydrolysate
- Pea Starch
- Pea Fiber
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- International Flavors & Fragrances, Inc.
- Roquette Freres SA
- PURIS
- NutriPea LP (G.S. Dunn Dry Mustard Millers)
- The Scoular Company
- Fenchem Biotek Ltd.
- The Green Labs LLC
- COSUCRA Groupe Warcoing S.A.
- Burcon NutraScience Corporation
- Sotexpro (GEMEF Industries)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Pea Derivatives Market, by Application
1.4.2 Asia Pacific Pea Derivatives Market, by Type
1.4.3 Asia Pacific Pea Derivatives Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.1.4 Business and Geographical Expansions
3.1.5 Joint Ventures
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jan – 2023, Mar) Leading Players
Chapter 4. Asia Pacific Pea Derivatives Market by Application
4.1 Asia Pacific Meat Substitutes Market by Country
4.2 Asia Pacific Bakery Goods Market by Country
4.3 Asia Pacific Dietary Supplements Market by Country
4.4 Asia Pacific Beverages Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Pea Derivatives Market by Type
5.1 Asia Pacific Pea Protein Market by Country
5.2 Asia Pacific Pea Derivatives Market by Protein Type
5.2.1 Asia Pacific Isolates Market by Country
5.2.2 Asia Pacific Concentrates Market by Country
5.2.3 Asia Pacific Textured Market by Country
5.2.4 Asia Pacific Hydrolysate Market by Country
5.3 Asia Pacific Pea Starch Market by Country
5.4 Asia Pacific Pea Fiber Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Pea Derivatives Market by Country
6.1 China Pea Derivatives Market
6.1.1 China Pea Derivatives Market by Application
6.1.2 China Pea Derivatives Market by Type
6.1.2.1 China Pea Derivatives Market by Protein Type
6.2 Japan Pea Derivatives Market
6.2.1 Japan Pea Derivatives Market by Application
6.2.2 Japan Pea Derivatives Market by Type
6.2.2.1 Japan Pea Derivatives Market by Protein Type
6.3 India Pea Derivatives Market
6.3.1 India Pea Derivatives Market by Application
6.3.2 India Pea Derivatives Market by Type
6.3.2.1 India Pea Derivatives Market by Protein Type
6.4 South Korea Pea Derivatives Market
6.4.1 South Korea Pea Derivatives Market by Application
6.4.2 South Korea Pea Derivatives Market by Type
6.4.2.1 South Korea Pea Derivatives Market by Protein Type
6.5 Singapore Pea Derivatives Market
6.5.1 Singapore Pea Derivatives Market by Application
6.5.2 Singapore Pea Derivatives Market by Type
6.5.2.1 Singapore Pea Derivatives Market by Protein Type
6.6 Malaysia Pea Derivatives Market
6.6.1 Malaysia Pea Derivatives Market by Application
6.6.2 Malaysia Pea Derivatives Market by Type
6.6.2.1 Malaysia Pea Derivatives Market by Protein Type
6.7 Rest of Asia Pacific Pea Derivatives Market
6.7.1 Rest of Asia Pacific Pea Derivatives Market by Application
6.7.2 Rest of Asia Pacific Pea Derivatives Market by Type
6.7.2.1 Rest of Asia Pacific Pea Derivatives Market by Protein Type
Chapter 7. Company Profiles
7.1 Burcon NutraScience Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Joint Ventures:
7.1.4.2 Product Launches and Product Expansions:
7.2 International Flavors & Fragrances, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segment & Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 COSUCRA Groupe Warcoing S.A.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Business Expansions:
7.3.2.3 Geographical Expansions:
7.4 Roquette Freres SA
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.4.2.3 Acquisition and Mergers:
7.4.2.4 Geographical Expansions:
7.5 PURIS
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.5.2.3 Geographical Expansions:
7.6 The Scoular Company
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Geographical Expansions:
7.7 Sotexpro (GEMEF Industries)
7.7.1 Company Overview
7.8 NutriPea LP (G.S. Dunn Dry Mustard Millers)
7.8.1 Company Overview
7.9 Fenchem Biotek Ltd.
7.9.1 Company Overview
7.10. The Green Labs LLC
7.10.1 Company Overview
TABLE 1 Asia Pacific Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Pea Derivatives Market
TABLE 4 Product Launches And Product Expansions– Pea Derivatives Market
TABLE 5 Acquisition and Mergers– Pea Derivatives Market
TABLE 6 Business and geographical expansions – Pea Derivatives Market
TABLE 7 Joint ventures – Pea Derivatives Market
TABLE 8 Asia Pacific Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Meat Substitutes Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Meat Substitutes Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Bakery Goods Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Bakery Goods Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Beverages Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Beverages Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Pea Protein Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Pea Protein Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Isolates Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Isolates Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Concentrates Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Concentrates Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Textured Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Textured Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Hydrolysate Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Hydrolysate Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Pea Starch Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Pea Starch Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Pea Fiber Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Pea Fiber Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Pea Derivatives Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Pea Derivatives Market by Country, 2022 - 2028, USD Million
TABLE 42 China Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 43 China Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 44 China Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 45 China Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 46 China Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 47 China Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 48 China Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 49 China Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 50 Japan Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 51 Japan Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 52 Japan Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 53 Japan Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 54 Japan Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 55 Japan Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 56 Japan Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 57 Japan Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 58 India Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 59 India Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 60 India Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 61 India Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 62 India Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 63 India Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 64 India Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 65 India Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 66 South Korea Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 67 South Korea Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 68 South Korea Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 69 South Korea Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 70 South Korea Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 71 South Korea Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 72 South Korea Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 73 South Korea Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 74 Singapore Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 75 Singapore Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 76 Singapore Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 77 Singapore Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 78 Singapore Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 79 Singapore Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 80 Singapore Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 81 Singapore Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 82 Malaysia Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 83 Malaysia Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 84 Malaysia Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 85 Malaysia Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 86 Malaysia Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 87 Malaysia Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 88 Malaysia Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 89 Malaysia Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 90 Rest of Asia Pacific Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 91 Rest of Asia Pacific Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 92 Rest of Asia Pacific Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 93 Rest of Asia Pacific Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 94 Rest of Asia Pacific Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 95 Rest of Asia Pacific Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 96 Rest of Asia Pacific Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 97 Rest of Asia Pacific Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 98 Key Information – Burcon NutraScience Corporation
TABLE 99 Key information – International Flavors & Fragrances, Inc.
TABLE 100 Key Information –COSUCRA Groupe Warcoing S.A.
TABLE 101 key Information – Roquette Freres SA
TABLE 102 Key Information – PURIS
TABLE 103 Key Information – The Scoular Company
TABLE 104 Key Information – Sotexpro
TABLE 105 Key Information – NutriPea LP
TABLE 106 Key Information – Fenchem Biotek Ltd.
TABLE 107 Key Information – The Green Labs LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jan – 2023, Mar) Leading Players
FIG 4 Recent strategies and developments: COSUCRA Groupe Warcoing S.A.
FIG 5 Recent strategies and developments: Roquette Freres SA
FIG 6 Recent strategies and developments: PURIS