Industrial Starches Market Share, Growth, Opportunities 2031
Industrial Starches Market Share, Growth, Opportunities 2031
Segments - Industrial Starches Market by Sources (Potato, Wheat, Corn, Cassava, and Others), Types (Starch Derivatives & Sweeteners and Native), Applications (Paper Industry, Food, Feed, Pharmaceutical Industry, 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
Upcoming
| Report ID :FB-2470
| 4.5 Rating
| 84 Reviews
| 188 Pages
| Format :
Report Description
The global industrial starches market size was valued at USD 55.03 billion in 2020 and is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing consumption of processed and premium food products.
Starch is granular, white, and organic chemical that is obtained from every green plant. The characteristics of starch are white in color and it is insoluble in alcohol, cold water, and any other solvents. The commercial starch is generally made from corn, while tapioca, potato, and wheat are also used for production of starch. There are many usage of starch such as manufacturing of paper bags, boxes, gummed paper, tapes, corrugated paperboard. It is also use to increase the strength of paper and for surface sizing of paper.
The outbreak of COVID-19 pandemic has negatively impacted the market globally. In May 2020, All India Starch Manufacturer Association stated that the the starch industry is down by around 50% owing to COVID-19 lockdown. The mass end-user industries, textile and paper were hugely affected the lockdown.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for modified starch due to the rapid development of the food industry is estimated to drive the market growth. Modified starch provides tremendous functional benefits to various foods such as snacks, beverages, bakery items, and nutritional foods.
- The presence of starch derivatives and a wide range of sweeteners for end-use industries is driving the expansion of the industrial starch market.
- Extraction and manufacturing of starch derivatives require high R&D costs that can hinder the market growth.
- Starch manufacturing generate wastewater, which can restrict the market growth.
- Rising advancement in research of starch derivatives for clinical recommendations with respect to safe use is aiding the market to expand in various sectors, accelerating the growth of the market.
Scope of the Report
The report on the global industrial 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 |
Industrial Starches Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Sources (Potato, Wheat, Corn, Cassava, and Others), Types (Starch Derivatives & Sweeteners and Native), and Applications (Paper Industry, Food, Feed, Pharmaceutical Industry, 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 |
Archer Daniels Midland Company; Cargill Incorporated; Tate & Lyle PLC; The Tereos Group; and Others |
Industrial Starches Market Segment Insights
Potato starch segment is anticipated to constitute a key market share
Based on sources, the global industrial starches market is classified as potato, wheat, corn, cassava, and others. The potato segment is expected to constitute a key share of the market during the projected period. Potato starch is used by food processing industry as gelling agent, binder, texturizer, and thickener.
Native segment to hold a significant market share
On the basis of types, the market is bifurcated into starch derivatives & sweeteners and native. The native starch segment is projected to expand at a considerable CAGR during the forecast period. Native starch has various functional properties such as good feed texture, high water binding & retention, and it provides long shelf life. Moreover, increasing demand from the food industry native starch is contributing to the market segment growth.
Food segment is expected to grow at a rapid pace
In terms of applications, the global industrial starches market is divided into paper industry, food, feed, pharmaceutical industry, and others. The food segment is anticipated to grow at a rapid pace during forecast period owing to high demand for convenience food and rapid growth in the food industry.
North America is anticipated to constitute a major market share
Based on regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market in the coming years. North America accounted for more than 35% of the market share owing to rapid growth of the industrial packaging industry and rising demand for processed food products. According to the US Food and Agriculture Organization (FDA), the production of food has increased by 70% due to increasing population. The market of Asia Pacific is projected to grow rapidly during the forecast period.
Segments
Segments Covered in the Report
The global industrial starches market has been segmented on the basis of
Sources
- Potato
- Wheat, Corn
- Cassava
- Others
Types
- Starch Derivatives & Sweeteners
- Native
Applications
- Paper Industry
- Food, Feed
- Pharmaceutical Industry
- others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- The Tereos Group
- Archer-Daniels-Midland Co.
- Tate & Lyle
- Cargill Inc.
- AGRANA Beteiligungs-AG.
Competitive Landscape
The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the global industrial starches The Tereos Group, Archer-Daniels-Midland Co., Tate & Lyle, Cargill Inc., and AGRANA Beteiligungs-AG.
In December 2019, Archer-Daniels-Midland Co. (ADM) partnered with IMCD to expand its market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Starches 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. Industrial Starches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Starches Market - Supply Chain
4.5. Global Industrial Starches Market Forecast
4.5.1. Industrial Starches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Starches Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Industrial Starches Market Absolute $ Opportunity
5. Global Industrial Starches 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. Industrial Starches Market Size and Volume Forecast by Types
5.3.1. Starch Derivatives & Sweeteners
5.3.2. Native
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Industrial Starches 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. Industrial Starches 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 Industrial Starches Demand Share Forecast, 2019-2026
7. North America Industrial Starches 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 Industrial Starches 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 Industrial Starches Market Size and Volume Forecast by Types
7.4.1. Starch Derivatives & Sweeteners
7.4.2. Native
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 Industrial Starches Demand Share Forecast, 2019-2026
8. Latin America Industrial Starches 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 Industrial Starches 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 Industrial Starches Market Size and Volume Forecast by Types
8.4.1. Starch Derivatives & Sweeteners
8.4.2. Native
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 Industrial Starches Demand Share Forecast, 2019-2026
9. Europe Industrial Starches 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 Industrial Starches 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 Industrial Starches Market Size and Volume Forecast by Types
9.4.1. Starch Derivatives & Sweeteners
9.4.2. Native
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 Industrial Starches Demand Share Forecast, 2019-2026
10. Asia Pacific Industrial Starches 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 Industrial Starches 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 Industrial Starches Market Size and Volume Forecast by Types
10.4.1. Starch Derivatives & Sweeteners
10.4.2. Native
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 Industrial Starches Demand Share Forecast, 2019-2026
11. Middle East & Africa Industrial Starches 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 Industrial Starches 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 Industrial Starches Market Size and Volume Forecast by Types
11.4.1. Starch Derivatives & Sweeteners
11.4.2. Native
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 Industrial Starches Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Industrial Starches Market: Market Share Analysis
12.2. Industrial Starches Distributors and Customers
12.3. Industrial Starches Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. The Tereos Group
12.4.2. Archer-Daniels-Midland Co.
12.4.3. Tate & Lyle
12.4.4. Cargill Inc.
12.4.5. AGRANA Beteiligungs-AG.
Methodology
Related Reports
Some other reports from this category!
Our Clients
