Exploring the Growth of the Pea Starch Market Amid Increasing Gluten-Free Demand
Monday, 29 July 2024, 00:30
Overview of the Pea Starch Market
The global pea starch market value is predicted to reach USD 130 million in 2024, and USD 241 million by 2034. The anticipated annual growth rate is approximately 13.1%.
Driving Factors Behind Growth
- The increasing global demand for gluten-free products is a significant driver.
- Regions experiencing notable growth include the United States, United Kingdom, and Germany.
- Both organic and conventional pea starch are gaining traction in diverse markets.
Conclusion
This expanding market presents business opportunities for companies focusing on gluten-free alternatives. As consumer health trends evolve, the demand for pea starch will likely continue to increase.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.