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The global starch syrup market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.
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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 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:
The major applications of starch syrup are:
On the basis of distribution channel, the industry is categorised into:
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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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.
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:
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 | 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:
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Breakup by Starch Type |
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Breakup by Type |
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Breakup by Distribution Channel |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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 (2018-2023)
8.3 Global Starch Syrup Market Forecast (2024-2032)
8.4 Global Starch Syrup Market by Starch Type
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 Tapioca
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 Starch Syrup Market by Type
8.5.1 Low Conversion Glucose Syrup
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Glucose Maltose Syrup
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Maltose Syrup
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 High Conversion Glucose Syrup
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Starch Syrup Market by Distribution Channel
8.6.1 Supermarkets/Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Starch Syrup Market by Application
8.7.1 Bakery
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Beverage
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Bars and Cereals
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Confectionery and Snacks
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Dressings and Sauces
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Dairy
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Pharmaceutical
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.7.8 Brewing Industry
8.7.8.1 Historical Trend (2018-2023)
8.7.8.2 Forecast Trend (2024-2032)
8.7.9 Others
8.8 Global Starch Syrup Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Starch Syrup 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 Starch Syrup 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 Starch Syrup 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 Starch Syrup 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 Starch Syrup 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 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
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 2032
2. Global Starch Syrup Historical Market: Breakup by Starch Type (USD Billion), 2018-2023
3. Global Starch Syrup Market Forecast: Breakup by Starch Type (USD Billion), 2024-2032
4. Global Starch Syrup Historical Market: Breakup by Type (USD Billion), 2018-2023
5. Global Starch Syrup Market Forecast: Breakup by Type (USD Billion), 2024-2032
6. Global Starch Syrup Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Starch Syrup Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Starch Syrup Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Starch Syrup Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Starch Syrup Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Starch Syrup Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Starch Syrup Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Starch Syrup Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. North America Historical Price Trends and Forecast 2018-2032
23. Europe Historical Price Trends and Forecast 2018-2032
24. Asia Pacific Historical Price Trends and Forecast 2018-2032
25. Latin America Historical Price Trends and Forecast 2018-2032
26. Middle East and Africa Historical Price Trends and Forecast 2018-2032
27. Global Starch Syrup Market Structure
The global starch syrup market is projected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the market include the growing consumption of functional food and beverages, rising disposable incomes, growing population levels, the surging use of starch syrup in the pharmaceuticals and brewing sector, and technological advancements in the food sector.
The key trends guiding the growth of the market are the rising health consciousness, the expansion of distribution channels, the growing demand for vegan products, and the increasing use of starch syrup as a thickener in the food and beverage sector.
The major regions in the starch syrup market include the Asia Pacific, Europe, Latin America, the Middle East and Africa, and North America.
The leading starch types in the market are corn, wheat, tapioca, and potato, among others.
The major types of starch syrup in the market are low conversion glucose syrup, glucose maltose syrup, maltose syrup, and high conversion glucose syrup, among others.
Bakery, beverage, bars and cereals, confectionery and snacks, dressings and sauces, dairy, pharmaceuticals, and brewing industry, among others, are the significant applications of starch syrup.
The leading distribution channels in the market are supermarket/hypermarket, convenience store, and online, among others.
The major players in the market are Tate & Lyle PLC, Cargill Inc., Tereos Internacional SA., Archer Daniels Midland Company, Tongaat Hulett Starch, Manildra Group, and Roquette Frères, among others.
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 2024-2032, 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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