Starch Derivatives Market Forecasts to 2030 – Global Type (Modified Starch, Glucose Syrup, Hydrolysates, Maltodextrin, Cyclodextrin and Other Products), Source, Form, Functionality, Application, End User and By Geography

Starch Derivatives Market Forecasts to 2030 – Global Type (Modified Starch, Glucose Syrup, Hydrolysates, Maltodextrin, Cyclodextrin and Other Products), Source, Form, Functionality, Application, End User and By Geography


According to Stratistics MRC, the Global Starch Derivatives Market is accounted for $59.4 billion in 2023 and is expected to reach $85.9 billion by 2030 growing at a CAGR of 5.4% during the forecast period. Starch derivatives are modified forms of starch, crafted for specific applications in various industries. These alterations enhance properties like viscosity, stability, or texture. Common derivatives include maltodextrin, used as a thickener or filler in food products, and cyclodextrins, employed in pharmaceuticals for drug delivery. Hydroxypropyl starches find utility in cosmetics as emulsifiers, while pregelatinized starches act as binders in pharmaceutical tablets. The modification processes may involve chemical or enzymatic treatments, ensuring the derivatives meet desired performance criteria.

Market Dynamics:

Driver:

Rising demand in the food and beverage industry

Starch derivatives act as thickeners, gelling agents, emulsifiers, and film forming additives in various food products. This allows food manufacturers to achieve desired textures, improve stability, and extend shelf life, all factors that are increasingly important to consumers and hence the growing popularity of convenient, processed foods creates a demand for ingredients that make these products possible. Starch derivatives are perfect for this purpose, allowing for consistent texture and quality in items like soups, sauces, beverages, and even bakery products propel the market growth.

Restraint:

Limited raw material availability and price fluctuation

When there is a scarcity of raw materials, such as corn or wheat, it can lead to higher production costs and reduced supply of starch derivatives. This, in turn, can result in increased prices for starch derivatives, making them less affordable for consumers and businesses. Price fluctuations add further uncertainty, making it difficult for market participants to plan and manage their operations effectively. These factors can hinder market growth, reduce profitability, and create instability in the starch derivatives industry.

Opportunity:

Growing population and disposable income

As the population expands, there is a higher demand for various consumer goods and food products, which often utilize starch derivatives as ingredients or additives. Additionally, rising disposable income enables consumers to afford a wider range of products, including those containing starch derivatives. This increased demand drives market growth and provides opportunities for manufacturers and suppliers in the starch derivatives industry. Moreover, higher disposable income allows for greater expenditure on processed and convenience foods, which often rely on starch derivatives for texture, stability, and other functional properties.

Threat:

Substitute products

Alternatives such as modified cellulose, gums, and synthetic thickeners offer similar functionalities, potentially eroding market share. This competition intensifies amidst increasing consumer demand for clean label and natural ingredients. Manufacturers face pressure to innovate and differentiate their offerings to remain competitive. Moreover, substitutes may offer perceived advantages such as improved health benefits or sustainability credentials, further challenging the market.

Covid-19 Impact

Supply chain disruptions, labor shortages, and logistical challenges hampered production and distribution. Reduced consumer spending and shifts in consumption patterns, including a decline in foodservice demand, affected market dynamics. Moreover, economic uncertainties led to cautious spending and investment decisions, impacting market growth. However, increased demand for packaged and shelf-stable foods mitigated some losses. Remote work and lifestyle changes also influenced product preferences, driving innovation towards health-focused and convenience-oriented offerings.

The modified starch segment is expected to be the largest during the forecast period

The modified starch segment is estimated to have a lucrative growth, due to high demand across industries such as food and beverage, pharmaceuticals, textiles, and paper manufacturing. These include products such as modified corn starch, modified tapioca starch, and modified potato starch, each tailored to specific applications. Their ability to enhance product texture, stability, and shelf-life makes them valuable additives. This increased demand contributes to the growth of the starch derivatives market.

The stabilizing segment is expected to have the highest CAGR during the forecast period

The stabilizing segment is anticipated to witness the highest CAGR growth during the forecast period, as stabilizing agents help maintain the quality and integrity of starch-based products by preventing undesirable changes such as retrogradation, syneresis, and microbial spoilage. For example, in the food industry, stabilizers enable the production of a wide range of products including sauces, dressings, dairy products, baked goods, and confectionery items. This leads to enhanced product consistency, texture, and overall sensory appeal, driving consumer satisfaction and loyalty.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the growth in functional food products, clean label demand, and attaining cost reduction in the production process in Asian-Pacific countries, particularly China, India, and Bangladesh. The factor that has led to a rise in the number of food and beverage processing businesses using modified starch is the paradigm change in consumer preferences toward low-calorie food items. As a result, the market value of starch derivatives in the nation increased. Such reasons made it possible for ingredient makers to create goods that may help food businesses meet the expanding demand.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to region's expanding use of starch derivatives in the food and beverage industries is the main factor driving the market. Additionally, because they are imported from other nations, the price of starch derivatives is anticipated to increase. Parallel to the food industry's quick development, there is a rising demand for modified starches. Modified starches have a huge range of functional advantages for a wide range of foods, including baked goods, beverages, and snacks as well as nutritive foods.

Key players in the market

Some of the key players in the Starch Derivatives Market include Archer Daniels Midland Company, Avebe, Cargill Incorporated, Emsland Group, Grain Processing Corporation, Ingredion Incorporated, Manildra Group, Penford Corporation, Roquette Frères , SPAC Starch Products, Südzucker AG, Tate & Lyle PLC, Tereos S.A, Thai Flour Industry Co., Ltd, Universal Starch Chem Allied Ltd and Zhucheng Xingmao Corn Developing Co., Ltd.

Key Developments:

In April 2024, Cargill and Nestlé Purina partner on regenerative agriculture adoption to reduce the carbon footprint of Purina dry pet food products. Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40 percent over the next three years

In April 2024, Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs. The commercial partnership will also provide food manufacturers with neither nut spreads produced with no nut nor dairy allergens used in the recipe formulation

In March 2024, ADM and Water.org Partner to Increase Global Access to Safe Water and Sanitation. ADM contributes $1 million to support Water.org programming in Latin America and Southeast Asia

Types Covered:
• Modified Starch
• Glucose Syrup
• Hydrolysates
• Maltodextrin
• Cyclodextrin
• Other Types

Sources Covered:
• Arrowroot
• Corn
• Rice
• Potato
• Tapioca
• Wheat
• Other Sources

Forms Covered:
• Dry
• Liquid

Functionalities Covered:
• Thickening
• Stabilizing
• Emulsifying
• Binding
• Other Functionalities

Applications Covered:
• Powdering Agent
• Lustering Agent
• Expanded Feed
• Dehumidification Agent
• Printing
• Glass Fiber
• Ceramic Fiber
• Cement Retardant
• Fish Culture Feed
• Other Applications

End Users Covered:
• Paper & Pulp Industry
• Food & Beverages
• Cosmetics & Personal Care
• Medicines & Pharmaceuticals
• Weaving & textiles
• Textile Industry
• Agricultural
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Starch Derivatives Market, By Type
5.1 Introduction
5.2 Modified Starch
5.3 Glucose Syrup
5.4 Hydrolysates
5.5 Maltodextrin
5.6 Cyclodextrin
5.7 Other Types
6 Global Starch Derivatives Market, By Source
6.1 Introduction
6.2 Arrowroot
6.3 Corn
6.4 Rice
6.5 Potato
6.6 Tapioca
6.7 Wheat
6.8 Other Sources
7 Global Starch Derivatives Market, By Form
7.1 Introduction
7.2 Dry
7.3 Liquid
8 Global Starch Derivatives Market, By Functionality
8.1 Introduction
8.2 Thickening
8.3 Stabilizing
8.4 Emulsifying
8.5 Binding
8.6 Other Functionalities
9 Global Starch Derivatives Market, By Application
9.1 Introduction
9.2 Powdering Agent
9.3 Lustering Agent
9.4 Expanded Feed
9.5 Dehumidification Agent
9.6 Printing
9.7 Glass Fiber
9.8 Ceramic Fiber
9.9 Cement Retardant
9.10 Fish Culture Feed
9.11 Other Applications
10 Global Starch Derivatives Market, By End User
10.1 Introduction
10.2 Paper & Pulp Industry
10.3 Food & Beverages
10.4 Cosmetics & Personal Care
10.5 Medicines & Pharmaceuticals
10.6 Weaving & textiles
10.7 Textile Industry
10.8 Agricultural
10.9 Other End Users
11 Global Starch Derivatives Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Archer Daniels Midland Company
13.2 Avebe
13.3 Cargill, Incorporated
13.4 Emsland Group
13.5 Grain Processing Corporation
13.6 Ingredion Incorporated
13.7 Manildra Group
13.8 Penford Corporation
13.9 Roquette Frères
13.10 SPAC Starch Products
13.11 Südzucker AG
13.12 Tate & Lyle PLC
13.13 Tereos S.A
13.14 Thai Flour Industry Co., Ltd
13.15 Universal Starch Chem Allied Ltd
13.16 Zhucheng Xingmao Corn Developing Co., Ltd.
List of Tables
Table 1 Global Starch Derivatives Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Starch Derivatives Market Outlook, By Type (2021-2030) ($MN)
Table 3 Global Starch Derivatives Market Outlook, By Modified Starch (2021-2030) ($MN)
Table 4 Global Starch Derivatives Market Outlook, By Glucose Syrup (2021-2030) ($MN)
Table 5 Global Starch Derivatives Market Outlook, By Hydrolysates (2021-2030) ($MN)
Table 6 Global Starch Derivatives Market Outlook, By Maltodextrin (2021-2030) ($MN)
Table 7 Global Starch Derivatives Market Outlook, By Cyclodextrin (2021-2030) ($MN)
Table 8 Global Starch Derivatives Market Outlook, By Other Types (2021-2030) ($MN)
Table 9 Global Starch Derivatives Market Outlook, By Source (2021-2030) ($MN)
Table 10 Global Starch Derivatives Market Outlook, By Arrowroot (2021-2030) ($MN)
Table 11 Global Starch Derivatives Market Outlook, By Corn (2021-2030) ($MN)
Table 12 Global Starch Derivatives Market Outlook, By Rice (2021-2030) ($MN)
Table 13 Global Starch Derivatives Market Outlook, By Potato (2021-2030) ($MN)
Table 14 Global Starch Derivatives Market Outlook, By Tapioca (2021-2030) ($MN)
Table 15 Global Starch Derivatives Market Outlook, By Wheat (2021-2030) ($MN)
Table 16 Global Starch Derivatives Market Outlook, By Other Sources (2021-2030) ($MN)
Table 17 Global Starch Derivatives Market Outlook, By Form (2021-2030) ($MN)
Table 18 Global Starch Derivatives Market Outlook, By Dry (2021-2030) ($MN)
Table 19 Global Starch Derivatives Market Outlook, By Liquid (2021-2030) ($MN)
Table 20 Global Starch Derivatives Market Outlook, By Functionality (2021-2030) ($MN)
Table 21 Global Starch Derivatives Market Outlook, By Thickening (2021-2030) ($MN)
Table 22 Global Starch Derivatives Market Outlook, By Stabilizing (2021-2030) ($MN)
Table 23 Global Starch Derivatives Market Outlook, By Emulsifying (2021-2030) ($MN)
Table 24 Global Starch Derivatives Market Outlook, By Binding (2021-2030) ($MN)
Table 25 Global Starch Derivatives Market Outlook, By Other Functionalities (2021-2030) ($MN)
Table 26 Global Starch Derivatives Market Outlook, By Application (2021-2030) ($MN)
Table 27 Global Starch Derivatives Market Outlook, By Powdering Agent (2021-2030) ($MN)
Table 28 Global Starch Derivatives Market Outlook, By Lustering Agent (2021-2030) ($MN)
Table 29 Global Starch Derivatives Market Outlook, By Expanded Feed (2021-2030) ($MN)
Table 30 Global Starch Derivatives Market Outlook, By Dehumidification Agent (2021-2030) ($MN)
Table 31 Global Starch Derivatives Market Outlook, By Printing (2021-2030) ($MN)
Table 32 Global Starch Derivatives Market Outlook, By Glass Fiber (2021-2030) ($MN)
Table 33 Global Starch Derivatives Market Outlook, By Ceramic Fiber (2021-2030) ($MN)
Table 34 Global Starch Derivatives Market Outlook, By Cement Retardant (2021-2030) ($MN)
Table 35 Global Starch Derivatives Market Outlook, By Fish Culture Feed (2021-2030) ($MN)
Table 36 Global Starch Derivatives Market Outlook, By Other Applications (2021-2030) ($MN)
Table 37 Global Starch Derivatives Market Outlook, By End User (2021-2030) ($MN)
Table 38 Global Starch Derivatives Market Outlook, By Paper & Pulp Industry (2021-2030) ($MN)
Table 39 Global Starch Derivatives Market Outlook, By Food & Beverages (2021-2030) ($MN)
Table 40 Global Starch Derivatives Market Outlook, By Cosmetics & Personal Care (2021-2030) ($MN)
Table 41 Global Starch Derivatives Market Outlook, By Medicines & Pharmaceuticals (2021-2030) ($MN)
Table 42 Global Starch Derivatives Market Outlook, By Weaving & textiles (2021-2030) ($MN)
Table 43 Global Starch Derivatives Market Outlook, By Textile Industry (2021-2030) ($MN)
Table 44 Global Starch Derivatives Market Outlook, By Agricultural (2021-2030) ($MN)
Table 45 Global Starch Derivatives Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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