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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 (2018-2028); 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 2023-2028.

 

Starch Syrup Market

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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.

 

Starch Syrup Market by Application

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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.

 

Starch Syrup Market by Region

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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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*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    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Starch Syrup Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Starch Syrup Historical Market (2018-2022) 
    8.3    Global Starch Syrup Market Forecast (2023-2028)
    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 (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Wheat
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Tapioca
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Potato
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Glucose Maltose Syrup
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Maltose Syrup
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    High Conversion Glucose Syrup
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Convenience Stores
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Online
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Beverage
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Bars and Cereals
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Confectionery and Snacks
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Dressings and Sauces
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
        8.7.6    Dairy
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2018-2022)
            8.7.6.3    Forecast Trend (2023-2028)
        8.7.7    Pharmaceutical
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2018-2022)
            8.7.7.3    Forecast Trend (2023-2028)
        8.7.8    Brewing Industry
            8.7.8.1    Market Share
            8.7.8.2    Historical Trend (2018-2022)
            8.7.8.3    Forecast Trend (2023-2028)
        8.7.9    Others
    8.8    Global Starch Syrup Market by Region       
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Starch  Syrup Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Starch Syrup Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Starch Syrup Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Starch Syrup Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Starch Syrup Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    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    Price Analysis

    16.1    North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
    16.5    Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Tate & Lyle PLC
            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    Cargill Inc.
            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    Tereos Internacional SA.
            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    Archer Daniels Midland Company
            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    Tongaat Hulett Starch
            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    Manildra Group
            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    Roquette Frères
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Others
19    Key Trends and Developments in the Market

 

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, 2018 and 2028
2.    Global Starch Syrup Historical Market: Breakup by Starch Type (USD Billion), 2018-2022
3.    Global Starch Syrup Market Forecast: Breakup by Starch Type (USD Billion), 2023-2028
4.    Global Starch Syrup Historical Market: Breakup by Type (USD Billion), 2018-2022
5.    Global Starch Syrup Market Forecast: Breakup by Type (USD Billion), 2023-2028
6.    Global Starch Syrup Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7.    Global Starch Syrup Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8.    Global Starch Syrup Historical Market: Breakup by Application (USD Billion), 2018-2022
9.    Global Starch Syrup Market Forecast: Breakup by Application (USD Billion), 2023-2028
10.    Global Starch Syrup Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Starch Syrup Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2023-2028, 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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