The wheat starch market in the UK has shown a declining trend from 2013 to 2023, with per capita volume decreasing from 1.01 kg to 0.88 kg. This represents a 13% decline over the decade. In recent years, from 2021 to 2023, the volume remained fairly stable, decreasing slightly from 0.89 kg to 0.88 kg, showing a minimal decrease, approximately 1.12% over the two years. The compound annual growth rate (CAGR) over the last five years demonstrates a relatively stable market with only slight fluctuations.
Future trends to watch for include:
- Potential influence of dietary shifts toward gluten-free alternatives, affecting wheat starch demand.
- Impact of sustainability and origin transparency on consumer preferences, potentially driving innovation in starch derivatives.
- Possible supply chain disruptions or changes affecting the availability and pricing of wheat starch.
