Food Starch Market Trends, Growth, Industry & Revenue [2030]

Segments - Food Starch Market by Types (Starch Derivatives, Native Starch, and Modified Starch [Starch Sugars, Oligosaccharides, and Sugar Polyols]), Sources (Potato, Cassava, Corn, Wheat, and Others), Applications (Beverages, Bakery, Confectionery, Dairy, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

The global food starch market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the surge in consumer demand for nutritious food and rising inclination toward fitness activities.

Starch is a source of carbohydrates, also called as amylum. It is a complex form of carbohydrates formed by numerous glycosidic bonds. Starch is polysaccharide of glucose, which is a simple source of energy for human body cells.

Starch is used to thicken processed foodstuffs and make food sweeteners. Therefore, starch is widely used by food companies either as food preservative or additives for thickening food products. It is used as a quality supplement in baked foods such as cakes, cookies, chocolates, and deserts. It is also used in fast food items such as pastas, soups, confectioneries, sauces, and in mayonnaises which is used in hamburgers, sandwiches, and fries.

The COVID-19 pandemic had a detrimental impact on the starch market by affecting the starch production and its demand in the global market. It had shown drastic impacts on food supply chain that resulted into high cost of raw material in several regions. The pandemic situation resulted into slowdown of food production and distribution. Conversely, the dietary supplement containing resistant starch and placebo starch were used in randomized trials to evaluate its efficiency in reducing the rate of non-hospitalized COVID-19 positive patients.

However, the successful outcome of the trial had reduced the rates of hospitalization and improved the clinical recovery of non-hospitalized individuals during the pandemic situation. This resulted in widening the growth of the food starch market at a notable rate in recent years.

Market Trends, Drivers, Restraints and Opportunities

Rising usage of starch in food processing and sugar production is expected to drive the market growth in coming years.
Growing trend of healthy lifestyle and balanced diet is estimated to contribute to the market expansion during the forecast period.
Multiple functional properties of modified starch and its usage in fat replacement, texture improvement, and viscosity enhancement are estimated to positively influence the market growth during the forecast period.
Increasing concerns regarding dental distress, high blood pressure, and obesity due to consumption of fast food are the major factors that can hamper the market growth in the coming years.
Inadequate supply of starch sources and high cost of food additives are expected to restrain the market growth in the projected timeline.
Ongoing investments in preparation of starch derivatives by commercial industries and extensive production of gluten-free products by food & beverage companies at a considerable rate are expected to offer immense opportunities for the market players.

Scope of Food Starch Market Report

The report on the global food starch market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Food Starch Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Starch Derivatives, Native Starch, and Modified Starch [Starch Sugars, Oligosaccharides, and Sugar Polyols]), Sources (Potato, Cassava, Corn, Wheat, and Others), Applications (Beverages, Bakery, Confectionery, Dairy, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Agrana; Grain Processing Corporation; Cargill Incorporated; Roquette Freres Sa; and National Starch Food Innovation

Food Starch Market Segment Insights

Modified starch segment is projected to hold a major market share

On the basis of types, the food starch market is segregated into starch derivatives, native starch, and modified starch. The modified starch segment is further fragmented into starch sugars, oligosaccharides, and sugar polyols. The modified starch segment is projected to hold a major market share during the forecast period due to its extensive use in stabilizers, thickeners, and binders in food industries. Moreover, rising consumer preference for healthy foods that contain fat replaceable ingredients is expected to increase the use of modified starch as a fat substitute in the coming years, which is anticipated to fuel the growth of the market segment.

Corn segment is anticipated to hold a large market share

On the basis of sources, the market is segregated into potato, cassava, corn, wheat, and others. The corn segment is projected to constitute a major market share during the forecast period owing to its enormous use in diet of several countries as a staple food. On the other hand, the potato segment is expected to grow at a significant rate due to its growing substitution for cereal crop in traditional staple foods such as wheat, rice, and maize. Moreover, the segment is anticipated to grow at a robust rate due to its great nutritive values and higher yields during the forecast period.

Beverages segment is expected to expand at a rapid pace

Based on applications, the market is divided into beverages, bakery, confectionery, dairy, and others. The beverages segment is expected to grow at a rapid pace during the forecast period. Increasing development of modified starches and rising importance of its applications in food & beverages industries are key drivers of the segment growth. Modified starch is widely used in formulation of beverages to enhance the smoothness of mouth-feel in coffee drinks and smoothies. However, the dairy segment is anticipated to hold a key share of the market in the coming years due to the key functionalities of starch in providing viscosity, improving texture, and maintaining stability during the shelf life of the dairy products.

Asia Pacific is projected to expand at a significant CAGR

In terms of regions, the food starch market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is projected to expand at a significant CAGR owing to the rising demand for modified food products, growing adoption of heathy diet, and high stipulation for pre-cooked and packed food products. Moreover, the market in the region is expected to grow at a significant rate over the coming years, owing to the drastic shift in industrial applications and technologies that involves food processing and use of starch as a supplement of fat.

Segments

Types

Starch Derivatives
Native Starch
Modified Starch
- Starch Sugars
- Oligosaccharides
- Sugar Polyols

Sources

Potato
Cassava
Corn
Wheat
Others

Applications

Beverages
Bakery
Confectionery
Dairy
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Agrana
Grain Processing Corporation
Cargill Incorporated
Roquette Freres Sa
National Starch Food Innovation

Competitive Landscape

Key players/Major players in the food starch market are Agrana; Grain Processing Corporation; Cargill Incorporated; Roquette Freres Sa; and National Starch Food Innovation.

Companies are engaging themselves in collaborating with other industry players to produce modified starches and industrial adhesives in order to expand their market share.

In November 2019, Agrana opened a wheat starch processing plant in Austria to double its wheat gluten production capacity.

In July 2019, Cargill transformed the corn processing facility to wheat processing in Krefeld, Germany to serve the shifts in the market and cater the rising expansion of the packaging industry.

Global Food Starch Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Starch Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Starch Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Starch Market - Supply Chain
  4.5. Global Food Starch Market Forecast
     4.5.1. Food Starch Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Starch Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Starch Market Absolute $ Opportunity
5. Global Food Starch Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Starch Market Size and Volume Forecast by Types
     5.3.1. Starch Derivatives
     5.3.2. Native Starch
     5.3.3. Modified Starch
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Starch Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Food Starch Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Food Starch Demand Share Forecast, 2019-2026
7. North America Food Starch Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Food Starch Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Food Starch Market Size and Volume Forecast by Types
     7.4.1. Starch Derivatives
     7.4.2. Native Starch
     7.4.3. Modified Starch
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Food Starch Demand Share Forecast, 2019-2026
8. Latin America Food Starch Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Food Starch Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Food Starch Market Size and Volume Forecast by Types
     8.4.1. Starch Derivatives
     8.4.2. Native Starch
     8.4.3. Modified Starch
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Food Starch Demand Share Forecast, 2019-2026
9. Europe Food Starch Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Food Starch Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Food Starch Market Size and Volume Forecast by Types
     9.4.1. Starch Derivatives
     9.4.2. Native Starch
     9.4.3. Modified Starch
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Food Starch Demand Share Forecast, 2019-2026
10. Asia Pacific Food Starch Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Food Starch Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Food Starch Market Size and Volume Forecast by Types
     10.4.1. Starch Derivatives
     10.4.2. Native Starch
     10.4.3. Modified Starch
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Food Starch Demand Share Forecast, 2019-2026
11. Middle East & Africa Food Starch Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Food Starch Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Food Starch Market Size and Volume Forecast by Types
     11.4.1. Starch Derivatives
     11.4.2. Native Starch
     11.4.3. Modified Starch
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Food Starch Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Food Starch Market: Market Share Analysis
  12.2. Food Starch Distributors and Customers
  12.3. Food Starch Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Agrana
     12.4.2. Grain Processing Corporation
     12.4.3. Cargill Incorporated
     12.4.4. Roquette Freres Sa
     12.4.5. National Starch Food Innovation