Global Industrial Starches Market
Global Industrial Starches Market was valued at USD 50,232 million in 2021 which expected to reach 68, 270 BY 2027, At a CAGR 3.88% from 2022-2027.
Industrial starch is versatile food additive in food industry. It is extensively used in the food industry as it offers an excellent stabilizing effect. Further, industrial starch can be modified either chemically/physically for multipurpose uses. The industrial starch derived from various sources such as Corn, Wheat, Cassava, Potato, Other Sources.
Market Drivers
The increase in demand from bio-plastic industry is expected to fueling growth of the market. Starch-based films, when used in conjunction with PLA films as an outer layer, are used in different food packaging applications. For instance, Mars Incorporated replaces Biaxially oriented Polypropylene (BOPP) from its candy packaging by incorporating a new compound made of the starch derived from potato waste.
Furthermore, the rise in investment by key players in starch production to meet the raising demand is driving growth of the industrial starches market. For instance, in 2019, Cargill invested around EUR 20 million in its starch production plant in Sas Van Gent, the Netherlands & expanded the instant starch capacity. The investment supported the increased demand for convenience food.
Market Restraints
Global consumers have been cutting down sugar & sweeteners intakes, such as high- fructose corn syrup, due to health & weight management reasons is expected to hamper the market growth. Moreover, increase in prevalence of lifestyle disorder such as obesity & diabetes reducing the consumption of starch-based sweeteners, this is again limiting market growth.
Market Segmentation
Global industrial Starches Market is segmented into type such as Native Starch, Starch Derivatives and Sweeteners. By source, market is segmented into Corn, Wheat, Cassava, Potato, Other Sources. Further, market is segmented into application such as Food, Feed, Paper Industry, Pharmaceutical Industry, Other Applications.
Regional Analysis
Global industrial Starches Market is segmented into five segments such as North America, Latin America, Europe, Asia Pacific, Middle East & Africa. Europe is projected to dominate the global industrial starches market over the forecast period due to the high production of starches in the region. For instance, as per the European Starch Industry Association, in the year 2020, the total starch production in Europe, which included maize, wheat, and potatoes stood at 11.5 million metric ton in comparison to 10.7 million metric ton in the year 2018. Also, North America is expected to gain fastest growth throughout the forecast period high production of corn.
Key Players
Archer Daniels Midland Company, Cargill Incorporated, Ingredion Inc., Tate & Lyle PLC, Kent Nutrition Group Inc. (Grain Processing Corp., Tereos Group, Coöperatie Koninklijke Cosun U.A, Altia PLC, Angel Starch and Food Pvt. Ltd, Manildra Group, etc.
Market Taxonomy
By Type
By Source
By Application
By Region
Global Industrial Starches Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Starches Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Starches Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Industrial Starches Market Share Analysis, By Type
5.3 Global Industrial Starches Market Size and Forecast, By Type
5.3.1 Native Starch
5.3.2. Starch Derivatives
5.3.3. Sweeteners
6 Global Industrial Starches Market, By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 Global Industrial Starches Market Share Analysis, By Source
6.3 Global Industrial Starches Market Size and Forecast, By Source
6.3.1 Corn
6.3.2. Wheat
6.3.3. Cassava
6.3.4. Potato
6.3.5. Others
7 Global Industrial Starches Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Industrial Starches Market Share Analysis, By Application
7.3 Global Industrial Starches Market Size and Forecast, By Application
7.3. 1 Food
7.3.2. Feed
7.3.3. Paper Industry
7.3.4. Pharmaceutical Industry
7.3.5. Others
8 Global Industrial Starches Market, By Region
8.1 Global Industrial Starches Market Share Analysis, By Region
8.2 Global Industrial Starches Market Share Analysis, By Region
8.3 Global Industrial Starches Market Size and Forecast, By Region
9 North America Industrial Starches Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Industrial Starches Market Share Analysis, By Type
9.3 North America Industrial Starches Market Size and Forecast, By Source
9.4 North America Industrial Starches Market Size and Forecast, By Application
9.5 North America Industrial Starches Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Industrial Starches Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Industrial Starches Market Share Analysis, By Type
10.3 Europe Industrial Starches Market Size and Forecast, By Source
10.4 Europe Industrial Starches Market Size and Forecast, By Application
10.5 Europe Industrial Starches Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Industrial Starches Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Industrial Starches Market Share Analysis, By Type
11.3 Asia Pacific Industrial Starches Market Size and Forecast, By Source
11.4 Asia Pacific Industrial Starches Market Size and Forecast, By Application
11.5 Asia Pacific Industrial Starches Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Industrial Starches Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Industrial Starches Market Share Analysis, By Type
12.3 Latin America Industrial Starches Market Size and Forecast, By Source
12.4 Latin America Industrial Starches Market Size and Forecast, By Application
12.5 Latin America Industrial Starches Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Industrial Starches Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Industrial Starches Market Share Analysis, By Type
13.3 Middle East Industrial Starches Market Size and Forecast, By Source
13.4 Middle East Industrial Starches Market Size and Forecast, By Application
13.5 Middle East Industrial Starches Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Archer Daniels Midland Company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Cargill Incorporated
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Ingredion Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Tate & Lyle PLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Kent Nutrition Group Inc. (Grain Processing Corp)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Tereos Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Coöperatie Koninklijke Cosun U.A
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Altia PLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Angel Starch and Food Pvt. Ltd
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Manildra Group
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
