Industrial Starches Market

Industrial Starches Market, By Type (Native Starch, Starch Derivatives and Sweeteners ), By Source (Corn, Wheat, Cassava, Potato, Other Sources), By Application (Food, Feed, Paper Industry, Pharmaceutical Industry, Other), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

The usage of industrial starches varies according to the industry. Corn starch is used in the paper industry as a sizing material and as a filler. It is also used in the textile and laundry industries. Other industries that use starch include the adhesive industry, foundries, and air flotation. These ingredients are inexpensive, versatile, and offer several functional benefits. In addition, they can be modified chemically and physically. Therefore, they are an excellent option for a wide range of food products.

Starch is used in the chemical industry to produce amino acids, organic acids, enzymes, and yeast. Besides some starch going into the feed industry, most feed is produced from the co-products separated at the beginning of the process. Raw material source for producing starch is always based on agricultural production of plants with high starch content, such as potatoes, wheat, corn (mazie), cassava, rice. The raw material type is depending on the agricultural production potential of the production areas.

Market Dynamics:

The expansion of the global food processing sector is augmenting growth of the industrial starches market. Increasing investment by key players in starch production to meet the growing demand is again driving growth of the industrial starches market. Moreover, increasing demand from the bio-plastic industry is also propelling growth of the market. Furthermore, the growing trend of cold-water swelling starches in food industries is projected to boost market growth.

Fluctuating prices of raw materials and the growing popularity of low-calorie food products are other major factors expected to restrict market growth.

Key features of the study:

• This report provides in-depth analysis of the global industrial starches market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global industrial starches market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Cargill Incorporated, Archer Daniels Midland Company, Ingredion Inc., Tate & Lyle PLC, Agrana Beteiligungs AG, Kent Nutrition Group Inc. (Grain Processing Corp.), Roquette Frères, Tereos Group, Coöperatie Koninklijke Cosun U.A, Altia PLC, Angel Starch and Food Pvt. Ltd, Manildra Group, and Japan Corn Starch Co. Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global industrial starches market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial starches market

Detailed Segmentation:

• Global Industrial Starches Market By Type:
• Native Starch
• Starch Derivatives and Sweeteners
• Global Industrial Starches Market By Source:
• Corn
• Wheat
• Cassava
• Potato
• Other Sources
• Global Industrial Starches Market By Application:
• Food
• Feed
• Paper Industry
• Pharmaceutical Industry
• Other Applications
• Global Industrial Starches Market By Region:
• North America Europe
• Asia Pacific
• South America
• Middle East & Africa
• Key Players-
• Cargill Incorporated
• Archer Daniels Midland Company
• Ingredion Inc.
• Tate & Lyle PLC
• Agrana Beteiligungs AG
• Kent Nutrition Group Inc. (Grain Processing Corp.)
• Roquette Frères
• Tereos Group
• Coöperatie Koninklijke Cosun U.A