Wheat Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Wheat Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global wheat starch market size reached US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028.

Wheat starch is a food additive obtained by removing proteins from the wheat flour. It is also produced commercially through processes, such as dough-washing, batter, hydrocyclone, and dough-batter. It is similar in appearance to flour or corn starch in its processed state. It is widely used as a thickening agent and an active ingredient, such as glucose syrup, dextrose, and maltodextrin, in many food products. In addition, it is utilized for stabilizing food sauces and dessert puddings after combining with a small amount of water. As a result, it finds extensive applications in the food and beverage (F&B), pharmaceutical, paper, and textile industries across the globe.


Wheat Starch Market Trends:
At present, there is a rise in the usage of native wheat starch to retain moisture, mimic fat for confectionery fillings, replace gluten in gluten-free products, and enhance the texture, stability, and shelf life of different food products. This, along with the growing use of wheat starch in confectionary and bakery products, such as gelled candies, fondants, taffy, marshmallows, and fudges, represents one of the key factors driving the market. Moreover, the rising awareness among individuals about healthy eating habits and products that meet multiple dietary requirements is propelling the growth of the market. In addition, there is an increase in the employment of wheat starch in the cosmetic industry to improve the emulsion stability of cosmetics. This, coupled with the rising consumption in the production of face masks and body cleansers to absorb oil and impurities from the skin, is positively influencing the market. Besides this, the increasing application of wheat starch in the paper and textile industry as a sizing agent is bolstering the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wheat starch market report, along with forecasts for the period from 2023-2028. Our report has categorized the market based on end-use.

Breakup by End-Use:

Sweeteners
Fuel
Paper and Textile
Food
Others


Sweeteners exhibit a clear dominance in the market owing to the increasing utilization of low-calorie sweeteners in soft drinks, grains, snacks and dairy products worldwide.

Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Tate and Lyle PLC, Roquette Freres., Cargill Inc., Archer Daniels Midland, Co., Tereos, Crespel & Deiters Group, Jackering Group, and Kröner-Stärke GmbH.

Key Questions Answered in This Report

1. What is the impact of COVID-19 on the global wheat starch market?
2. What was the global wheat starch market size in 2022?
3. What are the major global wheat starch market drivers?
4. What are the major trends in the global wheat starch market?
5. What will be the global wheat starch market outlook during the forecast period (2023-2028)?
6. What is the global wheat starch market breakup by end use?
7. What are the major regional markets in the global wheat starch industry?
8. Who are the leading global wheat starch industry players?