As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global wheat starch market is being driven by the growing demand for wheat starch from its end-use sectors and the rising production of the starch, globally. Europe is the leading producer of wheat starch, globally. In the European Union, wheat starch is one the leading starch types, following corn and potato starch. Thus, the overall increase in the starch production in the EU is expected to aid the wheat starch market in the region. In 2017, the starch production in the region reached 9.4 million tons, growing from the production volume of 9.3 million ton in 2016. The wheat starch market is also supported by the region’s healthy wheat output. India and China are the other significant producers of wheat and, thus, aid the wheat starch market significantly.
With consumers increasingly preferring starches like wheat starch due to their modified form being gluten-free, leading companies are investing in expanding their starch portfolio. In 2020, Archer Daniels Midland Company (NYSE: ADM), a key player in the wheat starch market, announced its partnership with General Starch Limited (GSL), a leading tapioca starch producer located in Thailand, in order to expand its specialty and clean label starch portfolio.
The growing demand for processed and convenience food is further boosting the industry growth of the overall starch market, including that of wheat starch. In February 2020, Cargill, a major player in the wheat starch market, announced its investment of USD 22.5 million in its Sas Van Gent starch production facility in the Netherlands to expand the starch production of the company, which in turn will support the increased consumer demand for convenience food.
Market Analysis by Types, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The key players in the global wheat starch market are Cargill Incorporated, Archer Daniels Midland Company, Roquette Freres, Agrana Group, and Tereos SA, among others. The EMR report gives an in-depth insight into these major players, covering their capacity, market share, and latest developments like mergers and acquisitions, plant turnarounds, and expansions of capacity.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.