Reports
Sale
Australia Food Starch Market Size, Share, Growth, Analysis: By Source: Maize, Wheat, Potato, Corn, Cassava, Others; By Product Type: Native Starch, Modified Starch, Starch Derivatives; By Application: Confectionery, Dairy, Bakery, Beverages, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Australia Food Starch Market Outlook
The Australia food starch market size is projected to grow at a CAGR of 5.8% between 2024 and 2032.
Key Takeaways
- As per industry reports, in 2023, the value of exports of food starch from Australia totalled USD 639 million.
- On the other hand, the value of imports of commodity group 19 to Australia amounted to USD 1.74 billion in 2023. These imports accounted for 0.606% of the total import flow to Australia in 2023.
- In the year 2020-21, the average daily consumption of vegetables and legumes/beans per capita in Australia amounted to 226 grams. Among these, approximately 62 grams (27%) came from starchy vegetables, such as potato.
As per industry reports, due to the surge in demand for gluten-free starches in Australia, with companies like Orgran experiencing a significant increase in sales of their gluten-free cornstarch and rice flour products. This trend is driving the Australia food starch market growth as more consumers prioritise allergen-free options for their dietary needs.
The emergence of starch-based meat alternatives is leading to market expansion as startups like Fable Food Co. are introducing plant-based meat products made from a blend of shiitake mushrooms and tapioca starch. This innovative approach to meat substitutes is gaining traction among consumers embracing plant-based diets.
Industry reports further highlight the shift towards clean-label starches in Australia, with companies like Ingredion offering a range of non-GMO and organic starch solutions to meet consumer demand for natural ingredients. This trend towards clean label and transparency in food products is driving the adoption of cleaner starch formulations.
Wheat starch is a key segment in the Australia food starch market share, particularly in bakery and snack products. The Australian Wheat Starch Company’s focus on clean-label wheat starch solutions aligns with consumer trends towards natural ingredients, driving the demand for wheat starch. Meanwhile, companies like Cargill Australia are investing in corn starch innovations to meet the demand for healthier food options, showcasing the versatility and functional benefits of corn starch in various food formulations and its impact on the market's response to consumer preferences.
Market Segmentation
Australia Food Starch Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Source
- Maize
- Wheat
- Potato
- Corn
- Cassava
- Others
Market Breakup by Product Type
- Native Starch
- Modified Starch
- Starch Derivatives
Market Breakup by Application
- Confectionery
- Dairy
- Bakery
- Beverages
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Competitive Landscape
Market players are focused on providing premium quality of food starch to meet the demands of the food and other industries.
- Archer Daniels Midland Company
- Ingredion Inc
- Tate & Lyle PLC
- Manildra Flour Mills Pty. Ltd.
- Scalzo Trading Co Pty Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Source |
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Food Starch Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Food Starch Historical Market (2018-2023)
8.3 Asia Pacific Food Starch Market Forecast (2024-2032)
9 Australia Food Starch Market Overview
9.1 Key Industry Highlights
9.2 Australia Food Starch Historical Market (2018-2023)
9.3 Australia Food Starch Market Forecast (2024-2032)
10 Australia Food Starch Market by Source
10.1 Maize
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Wheat
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Potato
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Corn
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Cassava
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Food Starch Market by Product Type
11.1 Native Starch
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Modified Starch
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Starch Derivatives
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Food Starch Market by Application
12.1 Confectionery
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Dairy
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Bakery
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Beverages
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Australia Food Starch Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Archer Daniels Midland Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Ingredion Inc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Tate & Lyle PLC
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Manildra Flour Mills Pty. Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Scalzo Trading Co Pty Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Food Starch Market: Key Industry Highlights, 2018 and 2032
2. Australia Food Starch Market: Key Industry Highlights, 2018 and 2032
3. Australia Food Starch Historical Market: Breakup by Source (USD Million), 2018-2023
4. Australia Food Starch Market Forecast: Breakup by Source (USD Million), 2024-2032
5. Australia Food Starch Historical Market: Breakup by Product Type (USD Million), 2018-2023
6. Australia Food Starch Market Forecast: Breakup by Product Type (USD Million), 2024-2032
7. Australia Food Starch Historical Market: Breakup by Application (USD Million), 2018-2023
8. Australia Food Starch Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Australia Food Starch Historical Market: Breakup by Region (USD Million), 2018-2023
10. Australia Food Starch Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Australia Food Starch Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 5.8% between 2024 and 2032.
The market is being driven due to changing consumer preferences towards healthier and cleaner-label food options, the versatility of food starch, and rising demand for gluten-free products.
Key trends aiding the market expansion include the growing demand for plant-based alternatives, a focus on sustainable and ethical plant sourcing, innovation in functional foods, and the expansion of the convenience food sector.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include confectionery, dairy, bakery, and beverages, among others.
Maize, wheat, potato, corn, cassava, and other sources are considered in the report.
Key players in the market are Archer Daniels Midland Company, Ingredion Inc, Tate & Lyle PLC, Manildra Flour Mills Pty. Ltd., and Scalzo Trading Co Pty Ltd, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
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.
Right Methodology
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.
Right Price
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.
Right Support
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.
NEWSLETTER