Global Starch and Flakes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Starch and Flakes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Starch and Flakes market finds that the global Starch and Flakes market reached a value of USD 36144.93 million in 2022. It’s expected that the market will achieve USD 43596.4 million by 2028, exhibiting a CAGR of 3.17% during the forecast period.

Strength

Good for health.
Diverse distribution channel.
Excellent performance leads to large demand.

Weakness

Availability of low-cost manual labor in developing countries.
Raw material price fluctuations.
Fierce competition within the industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are ADM, Ingredion and Cargill Incorporated with the revenue market share of 12.85%, 8.24% and 5.45% in 2018.

ADM’s unmodified, modified, and pre-gelatinized wheat starches are ideal for applications in which delicate texture, flavor and light color are important.

ADM’s high-quality wheat starches function as thickeners, extenders, emulsion stabilizers and ingredient carriers in cakes, noodles, pie fillings, soups, sauces, cereals, coatings, bakery and batter mixes, dustings and convenience foods. They also are exceptional binders in processed meats.

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. The company operates through four segments: North America, South America, Asia Pacific and Europe, and Middle East and Africa. It offers sweetener products comprising glucose syrups, high maltose syrups, high fructose corn syrups, caramel colors, dextrose, polyols, maltodextrins, glucose and syrup solids, as well as food-grade and industrial starches, and biomaterials. The company also provides animal feed products; edible corn oil; refined corn oil to packers of cooking oil and to producers of margarine, salad dressings, shortening, mayonnaise, and other foods.

Segmentation Overview:

Among different product types, Starch segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Maize segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Starch and Flakes market covered in Chapter 3:

ADM
Zhucheng Xingmao
Lamb Weston Holdings, Inc.
McCain Foods Limited
Goodrich Cereals
Basic American Foods, Inc.
Roquette
Tereos
Iscon Balaji Foods Pvt Limited
Nahr-Engel GmbH
Agrana
Changchun Dacheng
Cargill Incorporated
Rixona B.V.
Idahoan Foods, LLC.
Clarebout Potatoes NV
Agrarfrost GmbH & Co. KG
Ingredion
AVEBE
Shandong Shouguang

In Chapter 4 and Chapter 14.2, on the basis of types, the Starch and Flakes market from 2018 to 2029 is primarily split into:

Starch
Flakes

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Starch and Flakes market from 2018 to 2029 covers:

Maize
Wheat
Potato
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)