The starches and starch products market in Germany showed fluctuations over the past decade, with the market size standing at 1.4471 billion Euros in 2023. Initial years revealed a sharp decline (-25.2% in 2014 and -4.99% in 2016), followed by stabilization and a temporary growth phase (+12.44% in 2019). Recent years saw a decline again, with 2023 witnessing a -3.65% year-on-year decrease. Over the last five years, the compound annual growth rate was 0.67%, highlighting a weak upward trend despite recent declines.
Future trends to watch for:
- Increasing demand for eco-friendly and sustainable starch alternatives.
- Technological advancements leading to diversified applications in industries such as bio-plastics and pharmaceuticals.
- Potential impact of regulatory changes affecting production and trade within the EU.
How does Germany rank in Starches and Starch Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,560,700,000 | 2023 | +1.46% | +1.76% | View data |
| 2 | 2 Germany | 1,447,100,000 | 2023 | -3.65% | +0.67% | |
| 3 | 3 Italy | 860,770,000 | 2023 | +1.09% | +0.48% | View data |
| 4 | 4 United Kingdom | 713,020,000 | 2023 | -0.84% | -1.26% | View data |
| 5 | 5 Denmark | 561,220,000 | 2023 | +3.28% | +3.35% | View data |
