Argentina Starch Market Overview, 2028

Argentina Starch Market Overview, 2028

Argentina has a strong tradition of meat processing, particularly beef. Starch is used in meat products, such as sausages and meat patties, to improve texture, moisture retention, and binding properties. The country's thriving meat industry contributes to the demand for starch. Starch is utilized in the dairy industry for various applications, including as a thickening agent in yogurts and as a stabilizer in dairy-based desserts. The dairy sector's growth and product diversification drive the need for starch-based ingredients. Starch is essential in the bakery and confectionery sectors, where it contributes to the texture, volume, and shelf life of products like bread, cakes, cookies, and candies. Innovations in these industries often involve the use of starch to meet consumer preferences. Health-conscious consumers are seeking starch alternatives with specific nutritional benefits. This has led to the development and marketing of products enriched with resistant starch, which is known for its potential to promote gut health and regulate blood sugar levels. Sustainable sourcing and production practices are gaining importance in the starch industry. Stakeholders are increasingly focused on minimizing environmental impacts, such as reducing water usage and greenhouse gas emissions, which can influence production decisions. Compliance with international food safety standards and certifications is essential for the starch industry to maintain its reputation and access global markets. Investments in quality control and adherence to standards are key drivers. Crop rotation is a common agricultural practice in Argentina. It helps maintain soil health and reduce the risk of pest and disease outbreaks, ensuring a stable supply of starch-rich crops. Macroeconomic factors, such as currency exchange rates and overall economic stability, can influence the competitiveness of Argentine starch products in international markets. Increased consumer awareness of the origins and qualities of starch-rich ingredients can influence purchasing decisions. Consumers may seek products that are ethically sourced and support fair labor practices.

According to the research report ""Argentina Starch Market Overview, 2028,"" published by Bonafide Research, the Argentina Starch market is expected to reach market size of around USD 245 Million by 2028. Consumers in Argentina, as in many other countries, are increasingly seeking clean label products. This trend emphasizes the use of natural and recognizable ingredients in food products, including starches sourced from non-genetically modified (non-GMO) crops. The demand for healthier food options is growing, and this includes starch-rich products. Starches with specific health benefits, such as resistant starches that promote gut health, are gaining popularity among health-conscious consumers. The gluten-free trend is prevalent in Argentina, leading to an increased use of starches like cornstarch and potato starch in gluten-free food formulations. Additionally, there is a focus on allergen-free starches to cater to those with food allergies. The popularity of plant-based diets is influencing the starch market. Starches play a role in plant-based meat alternatives, dairy substitutes, and other vegan-friendly products, contributing to texture and taste. Resistant starches are being incorporated into a wider range of products, including bread, pasta, and snacks, due to their potential health benefits and role in digestive wellness. Government policies related to agriculture, trade, and sustainability can have a significant impact on the starch market. Favorable policies can promote growth and stability in the industry. The ethanol industry in Argentina, which utilizes corn as a feedstock, is contributing to the growth of the bioenergy sector, driving the demand for starch. The snack industry in Argentina is witnessing innovations in starch-based snack products. Producers are creating healthier, cleaner-label, and more unique snack options using starches as key ingredients. Starches with specific properties, such as oil absorption and skin-soothing qualities, are used in personal care and cosmetic products, aligning with the demand for natural and sustainable ingredients.

Native starches are derived directly from plant sources, such as corn, wheat, or potato, without undergoing extensive modification. This natural origin aligns with consumer preferences for natural and minimally processed ingredients. Native starches are inherently gluten-free and allergen-free, which is valuable for formulating products catering to individuals with dietary restrictions or allergies. As the demand for organic and non-genetically modified (non-GMO) products grows, native starches become a suitable choice since they are often available in organic and non-GMO varieties. Native starches offer functional properties that are desirable in various applications. They are used as thickeners, stabilizers, texture modifiers, and binding agents in food, beverages, and other industries. Native starches derived from approved sources are generally recognized as safe (GRAS) and comply with relevant regulations, providing confidence to manufacturers. In addition based on application, Starch-based products, particularly modified starches, are widely used as sizing agents in the textile industry. Sizing is a crucial step in textile processing where a starch-based solution is applied to warp yarns. This imparts essential properties to the yarn, such as strength, smoothness, and abrasion resistance, which are necessary for successful weaving. Starch-based sizing agents help improve the efficiency of the weaving process. They reduce yarn breakage, minimize friction between yarns and weaving machinery, and enhance the overall weaving performance. Sizing with starch-based products enhances the quality of the yarn by preventing fuzziness, hairiness, and thread breakage during weaving. This leads to the production of high-quality textiles with smooth and consistent surfaces.

Argentina has a substantial and consistent production of potatoes. Potatoes are a staple crop in the country, ensuring a stable and abundant source of potato-based starch. Potato starch is a versatile source of starch that can be used in a wide range of applications across different industries. It serves as a thickener, stabilizer, and texture modifier in food, pharmaceuticals, and industrial processes. Potato starch is naturally gluten-free, making it suitable for gluten-free product formulations. It is essential in producing gluten-free bakery items and other products for consumers with dietary restrictions. Potato starch is commonly used in processed foods to provide the desired texture and consistency. It helps improve the overall quality of products by enhancing their mouthfeel and stability. Potato starch is used in the snacks industry to create coatings, batters, and binders for products like chips and crisps. It contributes to the texture and appearance of these products. In the bakery industry, potato starch can be used to enhance the softness and moisture retention of bread, cakes, and pastries. In terms of function, Film-forming agents derived from starch are used in the coating and packaging of various food products, pharmaceuticals, and industrial materials. These agents create a protective film or layer, enhancing product quality, shelf life, and safety. Starch-based film-forming agents are employed to coat fruits, vegetables, and other perishable food items. The film helps reduce moisture loss, extending the freshness and shelf life of produce. Starch-based films offer excellent barrier properties against oxygen, moisture, and other environmental factors. This is crucial in preventing food spoilage, maintaining product quality, and reducing food waste. Starch-based films are biodegradable and environmentally friendly. They break down naturally, reducing the environmental impact of packaging materials.

Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Argentina Starch market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Types
• Starch Derivatives
• Native

By Source
• Corn
• Cassava/Tapioca
• Wheat
• Potatoes
• Waxy Maize
• Others (Pregelatinized Starch, Rice Bran, Sweet potato, Pea etc.)

By Application
• Food and Beverage
• Industrial
• Weaving & textile
• Animal Feed
• Paper Industry
• Pharmaceuticals & cosmetics
• Others (adhesives, foundry)

By Function
• Thickening Agent
• Stabilizing Agent
• Binding Agent
• Gelling Agent
• Film-Forming Agent
• Emulsifying Agent

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Starch industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.