Industrial Starch Market Growth Drivers: Share, Value, Size, and Insights
Global Industrial Starch Market, By Type (Native Starch, Starch Derivatives and Sweeteners, Cationic Starch, Ethylated Starch, Oxidized Starch, Acid Modified Starch, Unmodified Starch) Source (Corn, Wheat, Cassava, Potato, Others), Application (Food and Beverage, Feed, Others), Form (Dry Form, Liquid), Function (Stabilizing, Thickening, Film Forming Agents, Gelling Agent, Texturizing, Binding, Emulsifying, Sizing, Moisture Retention, Coating), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The Industrial Starch Market sector is rapidly evolving, with substantial growth and advancements anticipated by 2031. Comprehensive market research provides an in-depth analysis of market size, share, and trends, offering crucial insights into its expansion. The report delves into market segmentation and definitions, highlighting key components and drivers. By utilizing SWOT and PESTEL analyses, it assesses the market's strengths, weaknesses, opportunities, and threats, along with political, economic, social, technological, environmental, and legal factors.
Industrial Starch Market Industry Trends and Forecast to 2031
What are the projected market size and growth rate of the Industrial Starch Market?
Data Bridge Market Research analyses that the global industrial starch market to be growing at a CAGR of 6.4% in the forecast period of 2021-2028 and is expected to reach the USD 148.85 billion by 2028.
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Which are the top companies operating in the Industrial Starch Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Industrial Starch Market extension. This Industrial Starch Market report provides the information of the Top 10 Companies in Industrial Starch Market in the market their business strategy, financial situation etc.
Industrial Starch Market Analysis 2020
- The global industrial starch market in 2020 was driven by the increasing demand for starch in various industries such as food and beverages, paper and textile industries, pharmaceuticals, and more. The market witnessed growth due to the versatile applications of starch in the manufacturing of various products. Potato starch, corn starch, and wheat starch were among the most commonly used types of industrial starch in 2020. The rise in awareness regarding the benefits of natural ingredients and the sustainable sourcing of raw materials contributed to the market growth during this period.
Industrial Starch Market Analysis 2028
- Looking ahead to 2028, the industrial starch market is projected to witness significant growth propelled by advancements in starch processing technologies, increasing research and development activities, and the expanding applications of starch in new industries. The market is expected to be influenced by factors such as changing consumer preferences towards natural and clean-label products, the rising demand for convenience food products, and the growth of the bioethanol industry. Moreover, with the increasing focus on sustainability and eco-friendly products, there is a growing interest in starch-based packaging solutions which is expected to further boost market growth in 2028.
Market Players
- Cargill, Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle
- Roquette Frères
- Tereos
- Grain Processing Corporation
- AGRANA Beteiligungs-AG
- SMS Corporation
- Universal Starch-Chem Allied Ltd.
The industrial starch market is highly competitive with the presence of several established players who are focusing on strategies such as mergers and acquisitions, product innovations, and collaborations to maintain their market position and expand their product portfolios. These key players are constantly investing in research and development to introduce new starch products that cater. The global industrial starch market is poised for substantial growth in 2028, driven by various factors that are reshaping the industry landscape. Advancements in starch processing technologies are expected to revolutionize the way starch is produced, leading to higher efficiency and quality in the manufacturing process. Furthermore, increasing research and development activities focused on improving the functional properties and applications of starch are likely to result in a whole new range of innovative starch-based products entering the market. This continuous innovation and product diversification will not only meet the evolving consumer demands but also open up opportunities for new applications in industries beyond the traditional sectors.
Consumer preferences play a crucial role in shaping the industrial starch market, with a noticeable shift towards natural and clean-label products. As consumers become more conscious about the ingredients in their food and non-food products, the demand for starch derived from natural sources is anticipated to surge. Manufacturers are responding to this trend by sourcing raw materials sustainably and incorporating clean-label starch ingredients in their formulations. Moreover, the increasing demand for convenience food products is driving the need for starches that can enhance texture, stability, and shelf-life, thereby fueling the market growth.
The bioethanol industry is emerging as a significant driver for the industrial starch market, with starch being a key feedstock for biofuel production. As governments worldwide focus on reducing carbon emissions and promoting renewable energy sources, the demand for bioethanol is expected to escalate, creating a lucrative opportunity for starch producers. Additionally, the ongoing emphasis on sustainability and eco-friendliness in packaging solutions is driving the adoption of starch-based materials as an alternative to conventional plastics. Starch-based packaging offers biodegradability, compostability, and renewable sourcing, making it an attractive choice for environmentally conscious consumers and businesses.
In terms of market players, the global industrial starch market is characterized by intense competition, with key players constantly striving to differentiate themselves through strategic initiatives. Mergers and acquisitions are a common strategy employed by companies to expand their market presence and strengthen their product
Market Players
- Cargill, Incorporated
- ADM
- Ingredion
- Tate & Lyle
- AGRANA Beteiligungs-AG
- Grain Processing Corporation
- Roquette Frères
- Tereos
- Royal Cosun
- Anora Industrial
- GREENTECH INDUSTRIES (INDIA) PVT LTD.
- Everest Starch Pvt.Ltd.
- Bangkok Starch Industrial Co., Ltd.
- Sahyadri Starch & Industries Pvt. Limited
- Nova Transfers Pvt. Ltd
- Sanstar Bio - Polymers Ltd.
- SPAC Starch Products (India) Private Limited
The global industrial starch market is set to experience substantial growth in 2028 driven by various factors reshaping the industry landscape. Advancements in starch processing technologies are expected to revolutionize production efficiency and quality. Increasing R&D activities focusing on enhancing functional properties are likely to result in a new range of innovative starch-based products entering the market. Consumer preferences towards natural and clean-label products are driving the demand for starch derived from sustainable sources. The bioethanol industry is a key driver, with starch being a vital feedstock. Focus on sustainability is propelling the adoption of starch-based packaging solutions, offering biodegradability and renewable sourcing. The market is characterized
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