What Is The Size Of Global Industrial Starch Industry?
Global Industrial Starch market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.
The Industrial Starch Market is largely driven by increasing use of industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient.
Industrial starches can stabilize products like yogurt, bread goods, and convenience meals, manage texture, control moisture, and assist manufacturers to achieve the desired product quality. The worldwide industrial starch market is anticipated to benefit from increased customer knowledge and concerns about the food components used in food products and rising consumer preference for bio-based ingredients.
The worldwide food and beverage sector is being significantly impacted by the trend toward clean-label ingredients and products. Furthermore, the rapid expansion of the food processing industry provides considerable potential for ingredient manufacturers to implement strategic steps to meet rising demand.
During the COVID-19 pandemic, the pharmaceutical sector helped the industrial starch market to prosper. Starch is utilized in the pharmaceutical sector as a disintegrant and binder. Furthermore, the successful implementation of mass vaccination efforts in 2021 resulted in increased commercial activities.
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Global Industrial Starch Market By Type
The Global Industrial Starch market is segmented by Type into Native and Starch Derivatives & Sweeteners.
The Native segment held the largest market share in 2022, due to several qualities, including high water restriction and maintenance, excellent feed texturization, and a longer usable lifespan.
The original form of starch is native starches. They are frequently used in the formulation of foods, medications, and other industrial goods.
By applying acids and other chemicals to the native starch at particular temperatures, the characteristics can be altered to fit a variety of uses.
Global Industrial Starch Market By Source
The Global Industrial Starch Market is segmented by Source into Corn, Wheat, Cassava, Potato and Others.
Corn segment held the largest market share in 2022, due to its diverse use as a very versatile ingredient in the food and beverage industry.
A carbohydrate called corn starch is taken out of the endosperm of corn seeds. Corn starch is becoming more popular on the market since it is gluten-free. It is a good source of energy and protects those with nocturnal hypoglycemia from low blood sugar.
Cornstarch is a thickening agent that is used in gravies, marinades, sauces, soups, and casseroles.
Global Industrial Starch Market By Form
The Global Industrial Starch market is segmented by Form into Dry and Liquid.
Dry segment held the largest market share in 2022, due to customers' preference for convenient foods that are readily available and have good nutritional value, dry industrial starch usage has expanded due to the busy lifestyle and high disposable income.
The food industry employs dry starch. In food items, it serves as an emulsifier and a stabilizer. Dry starch is used in baked goods, confections, and frozen foods.
Global Industrial Starch Market By Application
The Global Industrial Starch market is segmented by Application into Food & Beverage, Paper Making, Pharmaceutical, Construction and Paint & Coating.
Food & Beverage segment held the largest market share in 2022, due increasing use of industrial starch in the bakery and confectionery industries.
The global industrial starch market is anticipated to increase significantly due to the use of industrial starch in food and beverage.
Starches are frequently utilized in meat processing for their ability to retain water and improve texture. To lower the cost of formulation and enhance texture, industrial starches are added to meat product formulations as water binders.
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Key Topics Covered in the Report
- Snapshot of Global Industrial Starch Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Industrial Starch Market
- Historic Growth of the Overall Global Industrial Starch Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Industrial Starch Industry
- Overview, Product Offerings, and Strength & Weakness of Key Competitors
- COVID-19 Impact on the Overall Global Industrial Starch Market
- Future Market Forecast and Growth Rates of the Total Global Industrial Starch Market and by Segments
- Market Size of Application Segments with Historical CAGR and Future Forecasts
- Analysis of Global Industrial Starch in Major Regions
- Major Production/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Region
Notable Emerging Companies Mentioned in the Report
- Shubham Starch Chem Pvt. Ltd
- SPAC Starch Products (India) Private Limited
- Sanstar Bio - Polymers Ltd.
- Bangkok Starch Industrial Co., Ltd.
- Everest Starch Pvt. Ltd.
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Industrial Starch Companies
- Industrial Starch Manufacturers Association
- Food Manufacturers Association
- Food Grade Chemicals Manufacturers
- Research & Development Institutes for Industrial Starch
- Industrial Starch Manufactures
- Industrial Starch Supplier
- Industrial Starch Raw Material Provider
- Investment Banks Targeting Industrial Starch Market
- Industrial Foods Manufacturers
- Food Ingredients Manufacturers
- Government Ministries and Departments of Foods
- Government Ministries and Departments of Chemicals
- Food Research Institutes
- Food Regulatory Authorities
Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
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Increasing Adoption of Industrial Starch in Various Industry Drives the Market.
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Key Topics Covered in the Report