1. Market Research
  2. > Food Manufacturing
  3. > Food Ingredient Market Trends
Industrial Starch Market Size, Share & Trends Analysis Report By Source, By Product, By Application, By Region And Segment Forecasts, 2020 - 2028

Industrial Starch Market Size, Share & Trends Analysis Report By Source, By Product, By Application, By Region And Segment Forecasts, 2020 - 2028

  • August 2021
  • 153 pages
  • ID: 6134842
  • Format: PDF
  • Grand View Research

Summary

Table of Contents

Industrial Starch Market Size, Share & Trends Analysis Report By Source (Corn, Wheat, Cassava, Potato), By Product (Native, Cationic, Ethylated, Acid Modified, Unmodified), By Application, By Region, And Segment Forecasts, 2020 - 2028

Industrial Starch Market Growth & Trends

The global industrial starch market size is expected to reach USD 167.50 billion by 2028. It is expected to expand at a CAGR of 7.0% from 2020 to 2028. The increasing consumption of convenience food products, coupled with the growth of the pharmaceutical and paper industry, is anticipated to augment the demand for industrial starches.

The packaged food industry is witnessing rapid growth on account of the changing eating habits of consumers.Factors such as long working hours, increasing young working population, and convenient access to packed food with a rising number of large retail marts have contributed to the changing lifestyles of consumers.

This trend has been boosting the growth of the food processing industry, thereby positively impacting the market growth.

Governmental initiatives aimed at supporting the international trades and local production output of food and beverage products are further expected to support the industry growth. For instance, the government of Saudi Arabia introduced two initiatives worth USD 692.10 million each, post-COVID-19, for facilitating food imports and supporting the local farmers. European Commission passed a regulation (EC) No. 1333/2008, intended for the fortification of additives in the domestic food and beverage industry.

Players have been focusing on the development of starches providing enhanced texture and mouthfeel.Rising consumer preference for healthy, low fat, and low sugar products has impelled players to develop innovative product ranges with additional functionalities.

For instance, in March 2021, Ingredion launched ULTRA-TEX 1311 modified potato starch. This starch can be used as an alternative to oil providing better sensory properties, and thereby suitable to be used in low-fat, reduced-fat, keto-friendly, and plant-based food applications.

Industrial Starch Market Report Highlights
• In terms of source, wheat-based industrial starch is projected to expand at the highest revenue-based CAGR of 7.6% over the forecast period. Wheat starch finds a wide range of applications in the food and beverage, paper, paperboard, and textile industries. It is also used in cotton finishing and laundry sizing as it offers a stiffer finish at a lower temperature compared to corn starch
• By product, the native starch and starch derivatives and sweeteners segment held the largest revenue share of over 60.0% in 2020 and is expected to register the highest revenue-based CAGR over the forecast period. Starch-based sweeteners include maltose syrup, glucose, maltodextrin, liquid sorbitol, and dextrose monohydrate. The growing demand for sweeteners from the food and pharmaceutical market to mask the off-flavors and enhance the taste is expected to drive the industry
• Europe held the second-largest revenue share in 2020 and is expected to register a strong CAGR over the forecast period, which can be attributed to the growing applications of starch in the non-food industries. As per Starch Europe, about 41% of starch in Europe was consumed by non-food applications, whereas paper making was the key application area as of 2020
• Corn and wheat are the major sources of starch, however, players have been focusing on utilizing varied starch sources to offer well-differentiated products. For instance, in February 2021, Tate & Lyle PLC acquired an 85% stake in Chaodee Modified Starch Co., Ltd., engaged in tapioca starch manufacturing in Thailand. This is expected to expand the company’s portfolio in tapioca-based solutions
• Companies in the market have been focusing on expanding geographic reach and widening product portfolios to strengthen market presence. For instance, in December 2019, ADM announced the expansion of its starch portfolio for the Canadian market with a partnership with MCD N.V., a global distributor of specialty chemicals and food ingredients. The available products will be tapioca starch and corn starch, along with several other ADM solutions

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Food Thickeners Market Research Report by Product, by Application, by State - United States Forecast to 2026 - Cumulative Impact of COVID-19

  • $ 4949 - $ 4454 - Get 10% off now!
  • October 2021
  • 192 pages

Food Thickeners Market Research Report by Product (Hydrocolloids, Protein, and Starch), by Application (Bakery, Beverages, and Confectionery), by State (California, Florida, and Illinois) - United States ...

  • United States
  • Marketing Research
  • Research And Development
  • Industry analysis

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on