Reports
Sale
Global Industrial Starches Market Size, Share, Analysis: By Source: Corn, Wheat, Cassava, Potato, Others; By Type: Native, Starch Derivatives and Sweeteners; By Application: Food, Feed, Paper Industry, Pharmaceutical Industry, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Industrial Starches Market Outlook
The global market for industrial starches reached a value of about USD 57.24 billion in 2023. The industry is further expected to grow at a CAGR of about 5.3% in the forecast period of 2024-2032 to reach a value of around USD 91.12 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
North America and Asia Pacific to be Significant Regional Markets for Industrial Starches
With a highly developed food industry utilising all ingredients, North America is expected to dominate the global market for industrial starches. The presence of several multinational food manufacturing and processing enterprises in the region has resulted in a rise in demand for industrial starch. The United States is one of the world's leading producers of corn, which is used in a variety of applications, including starch production. The industrial starches market is heavily oriented toward the consumption of gluten-free foods, which is bolstered by the country's government's tight regulations on gluten-free ingredient labelling. As a result, the majority of modified dietary starches originating from corn, waxy maize, and potatoes in the United States are gluten-free. The Canadian industrial starches industry is growing rapidly, owing to rising consumer demand for healthy and cleaner ingredients. Light-coloured applications with subtle flavours drive the demand for native starches in the country.
Due to the substantial growth of the manufacturing sector in the area, Asia Pacific is predicted to have the highest revenue based CAGR from 2023 to 2027. Several pharmaceutical companies, including Serum Institute of India Pvt. Ltd, Hyphen's Pharma, and Kalbe's Pharma are expected to support the product demand in the Asia Pacific. Due to its biocompatibility and gel-forming capacity, industrial starch is utilised in the manufacturing of tablets and capsules. The rise of several end-use sectors, including food, paper, and textiles, is likely to further augment the market growth in the region.
Market Segmentations
Starches are derived from a range of food sources, including wheat, potato, and maize, and are utilised in a variety of industries, including paper, food, printing, textiles, and many others. Plants produce starch, which is an edible polymer. It is widely used in the culinary and pharmaceutical sectors. The most common commercial sources of starch include corn, rice, potato, tapioca, and wheat.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The various sources of industrial starches in the market are:
- Corn
- Wheat
- Cassava
- Potato
- Others
Based on type, the market is divided into:
- Native
- Starch Derivatives and Sweeteners
The major applications of the market are:
- Food
- Feed
- Paper Industry
- Pharmaceutical Industry
- Others
The regional markets for the industrial starches market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rapid Growth of Food and Food Processing Industry Augmenting the Market Growth
The rapid growth of the food and food processing industry is the major driver of the growth of the global industrial starch market. They are used in manufacturing a wide range of products in the food industry. The product is used to manufacture frozen, packaged, and convenience food products. The demand for such foods is rapidly increasing, particularly in emerging nations, which is projected to impact the market's growth positively. Over the forecast period, the increased use of industrial starch as a thickening, stabilising, and gelling agent, binder, diluent, and excipient, is expected to drive up the demand for the product. To build a footing in the market, industry players have been focused on various strategies such as mergers, expansions, and new product development. Cargill, Incorporated, for example, introduced label-friendly tapioca under the SimPure line in March 2021. Previously, SimPure products were exclusively created with waxy maize and potato-based starches. Tapioca starch provides a soft texture, strong water-binding properties, and cold-storage stability.
Furthermore, the rising pharmaceutical and biotechnology sectors, and growing demand from the paper and wallboard industries for wheat starch due to its adhesive properties, consistent viscosity, and better performance, are propelling the market forward. Along with this, improvements in the production process and the development of wastewater treatment technologies will boost the opportunities for the growth of the industrial starch market.
Key Players in the Global Market for Industrial Starches
The report gives a detailed analysis of the following key players in the global industrial starches market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Cargill Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- AGRANA Beteiligungs-AG
- Roquette Frères
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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 Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
|
| Price Analysis |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Industrial Starches Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Starches Historical Market (2018-2023)
8.3 Global Industrial Starches Market Forecast (2024-2032)
8.4 Global Industrial Starches Market by Source
8.4.1 Corn
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Wheat
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Cassava
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Potato
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Industrial Starches Market by Type
8.5.1 Native
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Starch Derivatives and Sweeteners
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Industrial Starches Market by Application
8.6.1 Food
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Feed
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Paper Industry
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Pharmaceutical Industry
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Industrial Starches Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Industrial Starches Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Industrial Starches Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Industrial Starches Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Industrial Starches Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Industrial Starches Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 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 Value Chain Analysis
16 Trade Data Analysis (HS Code-110811,110812,110813,110814, 110819)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Cargill Incorporated
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Archer Daniels Midland Company
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Ingredion Incorporated
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Tate & Lyle PLC
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 AGRANA Beteiligungs-AG
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Roquette Frères
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Industrial Starches Market: Key Industry Highlights, 2018 and 2032
2. Global Industrial Starches Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Industrial Starches Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Industrial Starches Historical Market: Breakup by Source (USD Billion), 2018-2023
5. Global Industrial Starches Market Forecast: Breakup by Source (USD Billion), 2024-2032
6. Global Industrial Starches Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Industrial Starches Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Industrial Starches Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Industrial Starches Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Industrial Starches Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Industrial Starches Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Industrial Starches Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Industrial Starches Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Industrial Starches Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Industrial Starches Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Industrial Starches Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Industrial Starches Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Industrial Starches Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Industrial Starches Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Industrial Starches Market Structure.
Key Questions Answered in the Report
In 2023, the global industrial starches market attained a value of nearly USD 57.24 billion.
The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 91.12 billion by 2032.
The major drivers of the market include the presence of a number of multinational food manufacturing and processing enterprises, rising consumer demand for healthy and cleaner ingredients, increased use of industrial starch as a thickening, stabilising, and gelling agent, and growing demand from the paper and wallboard industries, improvements in the production process and the development of wastewater treatment technologies.
The rapid growth of the food and food processing industry and rising demand from the pharmaceutical and biotechnology sectors are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various sources of industrial starches in the market are corn, wheat, cassava, and potato, among others.
Based on type, the market is divided into native and starch derivatives and sweeteners.
The product finds extensive applications in the food, feed, paper industry, and pharmaceutical industry, among others.
The major players in the industry are Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Tate & Lyle PLC, AGRANA Beteiligungs-AG, and Roquette Frères, among others.
Analyst Review
The global industrial starches market attained a value of USD 57.24 billion in 2023, driven by the rapid growth of the food and food processing industry. Aided by the development of wastewater treatment technologies and the rising demand from pharmaceutical and biotechnology sectors, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 5.3%. The market is projected to reach USD 91.12 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various sources of industrial starches in the market are corn, wheat, cassava, and potato, among others. Based on type, the market is divided into native and starch derivatives and sweeteners. The major applications of the market are food, feed, paper industry, and pharmaceutical industry, among others. The major regional markets for the industrial starches are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Tate & Lyle PLC, AGRANA Beteiligungs-AG, and Roquette Frères, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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