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Global Starch Syrup Market: By Starch Type: Corn, Wheat, Tapioca, Potato, Others; By Type: Low Conversion Glucose Syrup, Glucose Maltose Syrup, Maltose Syrup, Others; By Distribution Channel; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Starch Syrup Market Outlook
The global starch syrup market is expected to grow at a CAGR of 4% in the forecast period of 2022-2027.
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The Thriving Food and Beverages Industry is Leading the Starch Syrup Market Growth
The growing consumption of beverages and functional foods across the globe is driving the demand for starch syrup in the food and beverage industry. Owing to its functional properties, the starch syrup can be easily incorporated in a variety of food products ranging from bars and cereals to dairy and bakery. The increasing population and growing consumer disposable incomes are significantly contributing to the industry growth. Further, the product also finds usage in pharmaceuticals and brewing industry. Region-wise, the Asia Pacific is expected to witness a healthy growth over the forecast period. The market growth in this region can be attributed to the increasing demand for healthy confectionery products, technological advancements in the food industry, growing population, improving standards of living, and growing penetration of key players in the emerging economies like India.
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Starch Syrup: Market Segmentation
Starch syrup refers to a viscous liquid that is obtained through the enzymatic hydrolysis of corn starch with subsequent purification. It is obtained as a purified and concentrated product after the processing of starch from corn. Owing to its mild sweet taste and high absorption capacity, starch syrup is widely used in the food industry as a thickener and sweetener and to provide additional functionality and contribute to the texture, colour, and flavours of several products.
The various starch types available in the market include:
Based on type, the industry can be segmented into:
- Low Conversion Glucose Syrup
- Glucose Maltose Syrup
- Maltose Syrup
- High Conversion Glucose Syrup
- Others
The major applications of starch syrup are:
- Bakery
- Beverage
- Bars and Cereals
- Confectionery and Snacks
- Dressings and Sauces
- Dairy
- Pharmaceuticals
- Brewing Industry
- Others
On the basis of distribution channel, the industry is categorised into:
- Supermarket/Hypermarket
- Convenience Store
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Demand for Natural and Vegan Products to Augment the Demand for Starch Syrup
The rising health awareness among the consumers is leading to an increased demand for natural ingredients over synthetic ones, thus, pushing the growth of the starch syrup industry forward. The starch syrup serves as a natural thickener and sweetener in pharmaceuticals, brewing, and food and beverage industry. The growth is higher in the developing regions owing to the increasing consumer disposable incomes and the growing demand for processed food. The expanding distribution channels and the rising popularity of online platforms are resulting in enhanced sales of end-use products like bars, snacks, jams, cereals, and others, thus boosting the industry growth. Over the forecast period, the rising demand for vegan products is expected to result in increased adoption of starch syrup to prepare various formulations. This is expected to have a positive effect on the expansion of the market.
Key Industry Players in the Global Starch Syrup Market
The report gives a detailed analysis of the following key players in the global starch syrup market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Tate & Lyle PLC
- Cargill Inc.
- Tereos Internacional SA.
- Archer Daniels Midland Company
- Tongaat Hulett Starch
- Manildra Group
- 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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Starch Type, Type, Distribution Channel, Application, Region |
| Breakup by Starch Type | Corn, Wheat, Tapioca, Potato, Others |
| Breakup by Type | Low Conversion Glucose Syrup, Glucose Maltose Syrup, Maltose Syrup, High Conversion Glucose Syrup, Others |
| Breakup by Distribution Channel | Supermarkets/Hypermarkets, Convenience Stores, Online, Others |
| Breakup by Application | Bakery, Beverage, Bars and Cereals, Confectionery and Snacks, Dressings and Sauces, Dairy, Pharmaceutical, Brewing Industry, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Tate & Lyle PLC, Cargill Inc., Tereos Internacional SA., Archer Daniels Midland Company, Tongaat Hulett Starch, Manildra Group, Roquette Frères, Others |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Starch Syrup Market Analysis
8.1 Key Industry Highlights
8.2 Global Starch Syrup Historical Market (2017-2021)
8.3 Global Starch Syrup Market Forecast (2022-2027)
8.4 Global Starch Syrup Market by Starch Type
8.4.1 Corn
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Wheat
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Tapioca
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Potato
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Starch Syrup Market by Type
8.5.1 Low Conversion Glucose Syrup
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Glucose Maltose Syrup
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Maltose Syrup
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 High Conversion Glucose Syrup
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Starch Syrup Market by Distribution Channel
8.6.1 Supermarkets/Hypermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Starch Syrup Market by Application
8.7.1 Bakery
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Beverage
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Bars and Cereals
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Confectionery and Snacks
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Dressings and Sauces
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2017-2021)
8.7.5.3 Forecast Trend (2022-2027)
8.7.6 Dairy
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2017-2021)
8.7.6.3 Forecast Trend (2022-2027)
8.7.7 Pharmaceutical
8.7.7.1 Market Share
8.7.7.2 Historical Trend (2017-2021)
8.7.7.3 Forecast Trend (2022-2027)
8.7.8 Brewing Industry
8.7.8.1 Market Share
8.7.8.2 Historical Trend (2017-2021)
8.7.8.3 Forecast Trend (2022-2027)
8.7.9 Others
8.8 Global Starch Syrup Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operation Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Tate & Lyle PLC
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cargill Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Tereos Internacional SA.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Archer Daniels Midland Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Tongaat Hulett Starch
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Manildra Group
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Roquette Frères
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Starch Syrup Market: Key Industry Highlights, 2016 and 2026
2. Global Starch Syrup Historical Market: Breakup by Starch Type (USD Billion), 2017-2021
3. Global Starch Syrup Market Forecast: Breakup by Starch Type (USD Billion), 2022-2027
4. Global Starch Syrup Historical Market: Breakup by Type (USD Billion), 2017-2021
5. Global Starch Syrup Market Forecast: Breakup by Type (USD Billion), 2022-2027
6. Global Starch Syrup Historical Market: Breakup by Distribution Channel (USD Billion), 2017-2021
7. Global Starch Syrup Market Forecast: Breakup by Distribution Channel (USD Billion), 2022-2027
8. Global Starch Syrup Historical Market: Breakup by Application (USD Billion), 2017-2021
9. Global Starch Syrup Market Forecast: Breakup by Application (USD Billion), 2022-2027
10. Global Starch Syrup Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Starch Syrup Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Starch Syrup Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Starch Syrup Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Starch Syrup Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. North America Historical Price Trends and Forecast 2017-2027
23. Europe Historical Price Trends and Forecast 2017-2027
24. Asia Pacific Historical Price Trends and Forecast 2017-2027
25. Latin America Historical Price Trends and Forecast 2017-2027
26. Middle East and Africa Historical Price Trends and Forecast 2017-2027
27. Global Starch Syrup Market Structure
Key Questions Answered in the Report
The global starch syrup market is projected to grow at a CAGR of 4% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand from the developing regions, increasing consumption of beverages and functional foods, rising demand from the pharmaceuticals and brewing industry, growing demand for healthy confectionery products, enhanced standards of living, increasing popularity of online platforms, and growing demand for vegan products, are expected to aid the market growth.
The key market trends guiding the growth of the market include the rising technological advancements in the food industry and rising demand for natural ingredients over synthetic ones.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading starch types in the market are corn, wheat, tapioca, and potato, among others.
The major types of starch syrup in the industry are low conversion glucose syrup, glucose maltose syrup, maltose syrup, and high conversion glucose syrup, among others.
The significant application segments in the market are bakery, beverage, bars and cereals, confectionery and snacks, dressings and sauces, dairy, pharmaceuticals, and brewing industry, among others.
The leading distribution channels in the market are supermarket/hypermarket, convenience store, and online, among others.
The major players in the industry are Tate & Lyle PLC, Cargill Inc., Tereos Internacional SA., Archer Daniels Midland Company, Tongaat Hulett Starch, Manildra Group, and Roquette Frères, among others.
Analyst Review
The global market for starch syrup is being driven by the growing consumption of beverages and functional foods. Aided by the growing demand for natural ingredients, the market is expected to witness a moderate growth in the forecast period of 2022-2027, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on starch types, the market can be segmented into corn, wheat, tapioca, and potato, among others. By type, the industry is divided into low conversion glucose syrup, glucose maltose syrup, maltose syrup, and high conversion glucose syrup, among others. On the basis application, the market is categorised into bakery, beverage, bars and cereals, confectionery and snacks, dressings and sauces, dairy, pharmaceuticals, and brewing industry, among others. The major distribution channels in the market are supermarket/hypermarket, convenience store, and online, among others. The major regional markets for starch syrup are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Tate & Lyle PLC, Cargill Inc., Tereos Internacional SA., Archer Daniels Midland Company, Tongaat Hulett Starch, Manildra Group, 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.
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