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Pea Starch Market Size Worth $80.8 Million by 2025 | CAGR: 5.8%: Grand View Research, Inc.

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The global pea starch market size is expected to reach USD 80.8 million by 2025, expanding at a revenue-based CAGR of 5.8% over the forecast period, according to a new report published by Grand View Research, Inc. The growth is majorly driven by the rising demand from nutraceuticals industry coupled with growing consumer inclination toward non-GMO and gluten free diets.

Key suggestions from the report:

  • Food grade segment is likely to register a CAGR of 5.1% in terms of revenue, from 2019 to 2025. Food grade pea starch offers thickening, gelling, texturing, and binding properties that find application in the food processing industry
  • The food and beverages end-use segment is expected to expand at a CAGR of 6.3% in terms of revenue, over the forecast period. Busy consumer lifestyle coupled with hectic schedules have led consumer to search for convenience and ready to eat meals
  • Distribution agreements, product innovations, and strong marketing strategies are the key methods adopted by the market players to expand their competitive positions and visibility in the market
  • Some of the major participants in the pea starch market are Cargill Inc.; Roquette; Emsland Group; American Key Products; Sanstar Bio-Polymers; Vestkorn; and Parrheim Foods

Read 100 page research report with ToC on “Pea Starch Market Size, Share & Trends Analysis Report By Type (Feed, Food), By Function (Binding & Thickening, Gelling, Texturizing, Film Forming), By End Use, By Region, And Segment Forecasts, 2019 – 2025” at: https://www.grandviewresearch.com/industry-analysis/pea-starch-market

Pea starch is mostly accessible as a by-product of protein extraction. As a result, it is considered to be an economical source of starch as opposed to wheat, potato, and corn starches. Furthermore, growing demand of pea starch from the sum of applicable industries and augmented manufacturing of pea is also anticipated to propel the market growth. However, rising occurrence of retrogradation effects of the functional characteristics of pea starch, may significantly hinder the market growth.

Pea starch is considered to be gluten free as well as non-GMO. It is different from other native starches as it has high amylose content. It can also form a gel in water at a much lower dosage than other variants. It is considered to be an ideal ingredient for food products that require less elastic texture for gums, meats, extruded cereals, coatings, and others.

On the basis of type, the market is segmented into food grade, feed grade, and industrial grade. The product has been progressively used in foods grade segment on account of its capability to supplement protein content in foods, which makes it best for soups and sauces, confectionery, noodles, pastas, meat bakery, and sea foods, among other applications. The market is strengthened as a thickening, texturing, and gelling agent in the production of bakery goods like dressings, cakes, and desserts on account of its encompassing gluten-free properties.

On the basis of application, the market is segmented into food and beverage, animal feed, paper, pharmaceuticals, and textiles segments. Food and beverage segment held a dominant market share of 39.19% in 2018. The product is widely used in food and beverage items, such as confectionary, pasta, dairy, snacks, bakery products, soups and sauces, potato products, poultry, meat, and fish, as a binding and thickening agent. Growing population along with rising demand for healthy food products with good taste and texture is a key factors positively influencing market growth.

Asia Pacific is anticipated to hold a significant market share over the upcoming years especially in the developing markets, such as India and China. Moreover, allergen-friendly food products are projected to enhance growth of the regional market in near future. Favorable regulations in China and India aimed at agricultural industry growth will result in sufficient raw material supply for pea starch producers during the forecast period.

Grand View Research has segmented the global pea starch market based on type, function, end use, and region:

  • Pea Starch Type Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • Feed
    • Food
    • Industrial
  • Pea Starch Function Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • Binding & Thickening
    • Gelling
    • Texturizing
    • Film Forming
    • Others
  • Pea Starch End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • Binding & Thickening
    • Gelling
    • Texturizing
    • Film Forming
    • Others
  • Pea Starch Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Central & South America
      • Brazil
    • Middle East and Africa
      • UAE

Find more research reports on Nutraceuticals & Functional Foods Industry, by Grand View Research:

  • Modified Starch Market  The global modified starch market size was valued at USD 9.36 billion in 2016 and is projected to witness a CAGR of 5.7% from 2017 to 2025.
  • Food Thickeners Market  The global food thickeners market size was estimated at USD 11.05 billion in 2016, growing at a CAGR of 6.2% over the forecast period.
  • Functional Ingredients Market  The global functional ingredients market stood at 12,671.7 kilotons in 2016. The increasing health awareness coupled with the rising demand for healthy convenience foods around the world are expected to be the key factors propelling the market over the forecast period.

 

SOURCE Grand View Research, Inc.

Artificial Intelligence

Aetina Accelerates Embedded AI with High-performance, Small Form-factor Aetina IA380E-QUFL Graphics Card

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TAIPEI, April 25, 2024 /PRNewswire/ — Aetina, a leading Edge AI solution provider, announced the launch of the Aetina IA380E-QUFL at Embedded World 2024 in Nuremberg, Germany. This groundbreaking product is a small form factor PCIe graphics card powered by the high-performance Intel Arc A380E GPU. 

Unmatched Power in a Compact Design
The Aetina IA380E-QUFL delivers workstation-level performance packed into a low-profile, single-slot form factor. This innovative solution consumes only 50W, making it ideal for space and power-constrained edge computing environments. Embedded system manufacturers and integrators can leverage the power of 4.096 TFLOPs peak FP32 performance delivered by the Intel Arc A380E GPU[1].
Beyond Small Size: Big Capabilities
Despite its compact size, the IA380E-QUFL offers native support for 4 mini-DisplayPort outputs and 6GB of GDDR6 memory, enabling the connection of multiple high-resolution displays (UHD). This makes the IA380E-QUFL an excellent choice for a wide range of applications, including commercial gaming, video walls, medical imaging, and visual inference for smart cities.
“The demand for slim and energy-efficient AI systems is rapidly escalating,” said Jackal Chen, Senior Product Manager at Aetina. “The Aetina IA380E-QUFL addresses this need head-on, offering a powerful GPU solution in a compact, single-slot form factor with minimal power consumption. This empowers developers to create powerful and efficient edge systems for a wide range of applications.”.
Unparalleled Commitment: 5-Year Product Supply
Acknowledging the critical need for long-term product stability in industrial applications, Aetina ensures a 5-year product supply for the Aetina IA380E-QUFL, which streamlines system roadmaps and reduces the need for costly redesign. Our commitment is aligned with Intel’s announced product plans for the Intel Arc A380E GPU.[1]
[1]https://www.intel.com/content/www/us/en/content-details/820389/intel-arc-gpu-for-the-edge-public-30-3-30.html?wapkw=Intel%20Arc%20GPU%2030-3-30&DocID=820389 Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

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Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

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Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

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This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
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