Global Starch Ethers Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 1.63 Billion |
Market Size (Forecast Year) |
USD 2.28 Billion |
CAGR |
|
Major Markets Players |
Global Starch Ethers Market Segmentation, By Source (Corn-based, Cassava-based, Wheat-based, Potato-based, and Others), Function (Stabilizers, Thickeners, Emulsifiers, Binders, and Others), End Use (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, and Textiles) – Industry Trends and Forecast to 2031
Starch Ethers Market Analysis
The starch ethers market is witnessing steady growth attributed to the increasing demand from various end-use industries such as food and beverages, pharmaceuticals, and construction. Starch ethers are widely used as thickeners, stabilizers, and binders in food products, where they improve texture, mouthfeel, and shelf life. In the pharmaceutical industry, starch ethers are used as excipients in tablet formulations due to their binding and disintegration properties. The construction industry is another major consumer of starch ethers, where they are used as additives in mortar and plaster to improve workability and adhesion. The growing construction activities, especially in developing economies, are driving the demand for starch ethers in this sector.
Starch Ethers Market Size
Global starch ethers market size was valued at USD 1.63 billion in 2023 and is projected to reach USD 2.28 billion by 2031, with a CAGR of 4.3% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016 - 2021) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Source (Corn-based, Cassava-based, Wheat-based, Potato-based, and Others), Function (Stabilizers, Thickeners, Emulsifiers, Binders, and Others), End Use (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, and Textiles) |
Countries Covered |
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Market Players Covered |
Emsland Food GmbH (Germany), Grain Processing Corporation (U.S.), Global Bio-chem Technology Group Company Limited (China), Ingredion (U.S.), Roquette Frères (France), ADM (U.S.), AGRANA Beteiligungs-AG (Austria), AVEBE (Netherlands), Cargill, Incorporated (U.S.), Tate & Lyle (U.K.) |
Market Opportunities |
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Starch Ethers Market Definition
Starch ethers are a group of modified starches that are chemically modified to improve their properties for various industrial applications. These modifications can include the introduction of ether groups, such as hydroxypropyl or hydroxyethyl groups, onto the starch molecule. Starch ethers are typically used as thickeners, binders, and stabilizers in a wide range of products, including food, pharmaceuticals, and construction materials.
Starch Ethers Market Dynamics
Drivers
- Growing Demand in the Food and Beverage Industry
The food and beverage industry is experiencing a growing demand for starch ethers, driven by their widespread use as thickeners and stabilizers. These additives play a crucial role in enhancing the texture, stability, and shelf life of food products, making them more appealing to consumers. As the demand for convenience and processed foods continues to rise, so does the demand for starch ethers. Food manufacturers are increasingly relying on these additives to improve the quality and consistency of their products, thereby driving the growth of the starch ethers market in the food and beverage industry.
- Rising Demand in the Pharmaceutical Industry
The pharmaceutical industry is a key consumer of starch ethers, utilizing them as excipients in tablet formulations. With the global demand for pharmaceutical products on the rise, driven by factors such as population growth and increasing healthcare needs, the demand for starch ethers is also increasing. Starch ethers play a crucial role in tablet manufacturing, providing binding properties that help tablets maintain their shape and integrity. As the pharmaceutical industry continues to expand, so does the demand for starch ethers, driving market growth in this sector.
Opportunities
- Development of Innovative Products
Manufacturers in the starch ethers market have an opportunity to develop innovative products that cater to specific customer needs and offer unique benefits. By leveraging advancements in technology and formulation techniques, manufacturers can create starch ether products that provide enhanced functionality and performance. For instance, manufacturers can develop starch ethers with improved thermal stability or compatibility with other ingredients, allowing for greater flexibility in product formulation. In addition, starch ether manufacturers can explore new applications for starch ethers, such as in the development of novel drug delivery systems or functional foods, further expanding the market potential for these products.
- Focus on Research and Development
Continued investment in research and development is essential for driving innovation and expanding the applications of starch ethers. By investing in R&D, manufacturers can develop new formulations and applications for starch ethers, opening up new opportunities in various industries. For example, research into new production methods or raw materials could lead to the development of starch ethers with enhanced properties, such as improved solubility or stability. In addition, R&D efforts can help manufacturers identify new market trends and customer needs, allowing them to stay ahead of the competition and capitalize on emerging opportunities in the starch ethers market.
Restraints/Challenges
- Fluctuating Raw Material Prices
The starch ethers market is influenced by the prices of raw materials used in their production, and fluctuations in these prices can impact starch ether prices and the profitability of manufacturers. Factors such as weather conditions, crop yields, and geopolitical events can all affect the prices of raw materials, leading to uncertainty in the market. Manufacturers need to closely monitor raw material prices and adjust their production and pricing strategies accordingly to mitigate the impact of these fluctuations on their business.
- Availability of Alternative Ether Products
The starch ethers market faces competition from alternative additives and thickeners that offer similar functionalities. Manufacturers need to differentiate their products by highlighting the unique benefits of starch ethers, such as their natural origin and compatibility with a wide range of formulations. In addition, manufacturers can explore new applications and markets for starch ethers to expand their customer base and reduce dependence on traditional markets. Customers may opt for these alternative products instead of starch ether, posing a challenge to market growth.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Starch Ethers Market Scope
The market is segmented on the basis of source, function, and end-use. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Corn-based
- Cassava-based
- Wheat-based
- Potato-based
- Others
Function
- Stabilizers
- Thickeners
- Emulsifiers
- Binders
- Others
End Use
- Food and Beverages
- Animal Feed
- Paper
- Pharmaceuticals
- Textiles
Starch Ethers Market Regional Analysis
The market is analyzed and market size insights and trends are provided by country, source, function, and end-use as referenced above.
The countries covered in the market are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, and rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and rest of Asia-Pacific, Brazil, Argentina, and rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and rest of Middle East and Africa.
North America is expected to dominate the market due to the growing awareness of the benefits of consuming low-fat foods, which is expected to drive product demand in the region. The U.S., as one of the world's top producers of corn and corn starch, sees significant demand for starch ethers, particularly in the animal feed sector.
Asia-Pacific is expected to show significant growth due to favorable government policies in agriculture trade that promote modified starch products, increased investments, and rising demand for convenience products. In Asia-Pacific countries like India, China, Japan, South Korea, and Taiwan, the agriculture sector significantly contributes to economic growth and GDP. The region accounts for a substantial portion of global starch ethers production, with development levels increasing in emerging economies.
The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Starch Ethers Market Share
The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.
Some of the major market players operating in the market are:
- Emsland Food GmbH (Germany)
- Grain Processing Corporation (U.S.)
- Global Bio-chem Technology Group Company Limited (China)
- Ingredion (U.S.)
- Roquette Frères (France)
- ADM (U.S.)
- AGRANA Beteiligungs-AG (Austria)
- AVEBE (Netherlands)
- Cargill, Incorporated (U.S.)
- Tate & Lyle (U.K.)
Latest Developments in Starch Ethers Market
- In February 2024, Ingredion Incorporated, a leading global provider of ingredient solutions to diverse industries, announced the addition of FILMKOTE 2030 barrier starch to its extensive lineup of barrier starches for the U.S. and Canadian markets. This new fluorochemical-free starch addresses the growing demand for high-performance, sustainable Oil and grease-resistant (OGR) packaging in the paper and packaging industry
- In April 2022, Royal Avebe announced the launch of Etenia ES, a new multifunctional texturizing potato solution designed for creamy dairy products. Etenia ES addresses the growing consumer demand for clean-label, delicious, and guilt-free dairy products
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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