Global Industrial Starch Market, By Type (Native Starch, Starch Derivatives and Sweeteners, Cationic Starch, Ethylated Starch, Oxidized Starch, Acid Modified Starch, Unmodified Starch) Source (Corn, Wheat, Cassava, Potato, Others), Application (Food and Beverage, Feed, Others), Form (Dry Form, Liquid), Function (Stabilizing, Thickening, Film Forming Agents, Gelling Agent, Texturizing, Binding, Emulsifying, Sizing, Moisture Retention, Coating), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Industrial Starch Market
Data Bridge Market Research analyses that the global industrial starch market to be growing at a CAGR of 6.4% in the forecast period of 2021-2028 and is expected to reach the USD 148.85 billion by 2028.
Starches are widely obtained from food sources such as wheat, potato, maize, among others, and they are used in a variety of sectors including paper, food, printing, textiles, and many others. Starch is an edible polymer obtained from plants. It is commonly utilized in the culinary and pharmaceutical industries. Corn, rice, potato, tapioca, and wheat are the most common commercial sources of starch. Gluten-free starch refers to the five starches listed above. Corn starch is mass-produced for industrial application on a vast scale.
The industrial starch market’s growth is being fuelled by rising demand for starch in non-food applications such as snacks, bakeries, drinks, and functional foods, as well as increased use of starch in biodegradable plastic and food products and additives. Furthermore, the rising pharmaceutical and biotechnology sectors, upsurge in the demand for convenience food and growing demand from the paper and wallboard industries for wheat starch due to its adhesive properties, consistent viscosity, and better performance, are propelling the market forward.
Moreover, improvements in the production process and the development of wastewater treatment technologies will boost the opportunities for the growth of industrial starch market.
However, high cost of research and development activities and the rise of gum arabic market will impede the growth of the industrial starch market. Requirement of consistency in the production of raw materials will challenge the market growth.
This industrial starch market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on industrial starch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Starch Market Scope and Market Size
The industrial starch market is segmented on the basis of type, source, application, form and function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the basis of type, the industrial starch market is segmented into native starch, starch derivatives and sweeteners, cationic starch, ethylated starch, oxidized starch, acid modified starch and unmodified starch.
- Based on source, the industrial starch market is segmented into corn, wheat, cassava, potato, and other sources.
- On the basis of application, the industrial starch market is classified into food and beverage, feed and other applications. The food and beverage segment is further sub segmented into confectionery, processed foods, beverages and others. The other segment is further segmented into mining and drilling, construction and building, adhesive, and chemical.
- Based on form, the global industrial starch market is segmented into dry form and liquid.
- Based on function, the global industrial starch market is segmented into stabilizing, thickening, film forming agents, gelling agent, texturizing, binding, emulsifying, sizing, moisture retention and coating.
Industrial Starch Market Country Level Analysis
The industrial starch market is segmented on the basis of type, source, application, form and function.
The countries covered in the industrial starch market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the industrial starch market and will continue to flourish its trend of dominance during the forecast period owing to the presence of major key players and positive impact of industrialization on area’s advancement. Asia-Pacific is expected to score the highest CAGR due to the growing utilization of starch in various applications.
The country section of the industrial starch market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Industrial Starch Market Share Analysis
The industrial starch market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial starch market.
Some of the major players operating in the industrial starch market are Cargill, Incorporated, ADM, Ingredion, Tate & Lyle, AGRANA Beteiligungs-AG, Grain Processing Corporation, Roquette Frères, Tereos, Royal Cosun, Anora Industrial, GREENTECH INDUSTRIES (INDIA) PVT LTD., Everest Starch Pvt.Ltd., Bangkok Starch Industrial Co., Ltd., Sahyadri Starch & Industries Pvt. Limited, Nova Transfers Pvt. Ltd, Sanstar Bio - Polymers Ltd., SPAC Starch Products (India) Private Limited, among others.
SKU-