Industrial Starch Market Size, Share, Growth Analysis, By Type(Modified Starch and Native Starch), By Application(Food and Beverage, papermaking, and textile), By Source(Corn and Potato), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30H2107 | Region: Global | Published Date: March, 2024
Pages: 198 |Tables: 86 |Figures: 76

Industrial Starch Market Insights

Global Industrial Starch Market size was valued at USD 57.33 Billion in 2023 and is poised to grow from USD 60.42 Billion in 2024 to USD 87.32 Billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031). 

The global industrial starch market is experiencing significant growth due to the increasing demand for the product as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient. One of the primary drivers of this demand is the expanding food and beverage industry, particularly in developing countries. As the consumption of frozen, packaged, and convenience food products rises, the need for industrial starch in their manufacturing process also increases. This trend is positively impacting the growth of the market. Industrial starch is derived from various sources such as corn, potato, and wheat.

The United States, being the largest corn producer and exporter globally, benefits from the abundant availability of raw materials and a well-established manufacturing sector, which contributes significantly to the growth of the market in the country. Emerging economies like India and China are witnessing a thriving food and beverage industry, leading to an increased number of buyers of industrial starch in these markets. Buyers' decisions are influenced by cost competitiveness and product quality, and the presence of numerous manufacturers worldwide has resulted in high buyer power, with low switching costs. To establish a strong market presence, market players are adopting various strategies such as mergers, expansions, and new product development. For example, Cargill, Incorporated recently introduced tapioca starch under their SimPure line, which offers label-friendly attributes, including a soft texture, strong water-binding properties, and cold-storage stability. While competition may arise from alternative products like alginates, guar gum, gum Arabic, and agar, used in various industries, the continuously innovating food and beverage sector presents ample opportunities for the penetration and growth of industrial starch in the market.

US Industrial Starch Market is poised to grow at sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 57.33 Billion

Largest Segment

Modified starch

Fastest Growth

Native starch

Growth Rate

5.4% CAGR

Global Industrial Starch Market ($ Bn)
Country Share for North America Region (%)

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Industrial Starch Market Segmental Analysis

Global Industrial Starch Market is segmented by type, application, and region. Based on type, the market can be segmented into modified starch, and native starch. Based on application, the market is segmented into food and beverage, papermaking, and textile. Based on source, the market is segmented into corn, and starch. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Industrial Starch Market Analysis by Type

By type, the market can be segmented into modified starch and native starch. Modified starch dominated the global industrial starch market. This segment encompasses starches that have undergone physical or chemical modifications to enhance their functional properties for specific applications. Modified starch offers a wide range of advantages such as improved stability, enhanced viscosity, better heat resistance, increased binding capacity, and improved texture. These characteristics make modified starch highly sought after in industries such as food and beverage, papermaking, and pharmaceuticals. Its versatility and ability to cater to diverse industrial requirements contribute to its dominance in the market.

The native starch segment is experiencing rapid growth and is poised to become the fastest-growing segment. Native starch refers to unmodified starch obtained directly from natural sources. The increasing consumer demand for natural and clean label ingredients, along with a growing preference for organic and non-GMO products, is fueling the demand for native starch. Native starch offers inherent functional properties and serves as an excellent natural thickening, gelling, and binding agent in various industries. It finds applications in the food and beverage industry, particularly in organic and natural food products. Additionally, the rising awareness about sustainable and environmentally friendly materials is also contributing to the growth of the native starch segment.

Industrial Starch Market Analysis by Application

By application, the market can be segmented into food and beverage, papermaking, and textile. The food and beverage industry holds a dominating position in the global industrial starch market. Starch is widely used in the food industry for various applications such as thickening, stabilizing, binding, and texturizing. It plays a crucial role in enhancing the quality, texture, and shelf life of food products. Industrial starch is extensively utilized in food and beverage manufacturing, including sauces, dressings, soups, baked goods, confectionery, snacks, and dairy products. The consistent demand for processed and convenience food products across the globe contributes to the dominance of the food and beverage segment in the industrial starch market.

The papermaking segment is experiencing significant growth and is considered the fastest-growing application in the global industrial starch market. Starch is used in the paper industry as a binder and surface coating agent. It enhances the strength, smoothness, printability, and dimensional stability of paper products. The rising demand for paper and packaging materials, driven by e-commerce, retail, and consumer goods industries, is fueling the growth of the papermaking segment. Additionally, increasing environmental concerns and the shift towards sustainable packaging solutions are driving the adoption of starch-based alternatives in the paper industry.

Global Industrial Starch Market By Type

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Industrial Starch Market Regional Insights

North America dominated the industrial starch market. The country boasts abundant availability of raw materials, particularly corn, which is a primary source of starch production. The well-established manufacturing sector in the United States further contributes to its dominance in the industry. Additionally, the growth of the food and beverage industry in the region, driven by the increasing demand for frozen, packaged, and convenience food products, fuels the demand for industrial starch. These factors combined make North America a key player in the market.

On the other hand, the APAC region is experiencing rapid growth in the industrial starch market, making it the fastest-growing region. Emerging economies such as India and China are witnessing a flourishing food and beverage industry, leading to a substantial increase in the number of buyers of industrial starch in these markets. The cost competitiveness and product quality are crucial factors influencing buyers' decisions in the APAC region. Furthermore, the continuous innovation in the food and beverage industry in APAC creates new growth opportunities for industrial starch.

Global Industrial Starch Market By Region
  • Largest
  • Fastest

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Industrial Starch Market Dynamics

Industrial Starch Market Drivers

Expanding food and beverage industry worldwide

  • The growing demand for industrial starch is primarily driven by the expanding food and beverage industry worldwide. As the consumption of frozen, packaged, and convenience food products continues to rise, the need for industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient also increases. This trend is particularly prominent in developing countries, where the demand for such food products is growing rapidly. The significant role of industrial starch in the manufacturing process of these food products contributes to its high demand and market growth.

Industrial Starch Market Restraints

Volatility in supply caused by changing climate conditions

  • One significant restraint in the industrial starch market is the competition from alternative products used in various end-use industries. Alginates, guar gum, gum Arabic, and agar are some examples of such alternatives. These substitutes offer similar functionalities and may present a challenge to the market penetration of industrial starch. However, the continuously innovating food and beverage industry provides a high scope for product penetration, offering new growth opportunities for industrial starch despite the competition from alternative ingredients.

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Industrial Starch Market Competitive Landscape

Global industrial starch market is characterized by intense rivalry among various players. Market participants are focusing on strategies such as mergers, expansions, and new product developments to gain a foothold in the market. These strategies allow companies to enhance their market presence, improve product offerings, and cater to the evolving needs of customers. Additionally, the presence of numerous manufacturers across the globe contributes to high buyer power, as customers have the flexibility to choose from a wide range of suppliers offering competitive pricing and quality products.

Industrial Starch Market Top Player’s Company Profiles

  • Cargill (US)
  • Ingredion Incorporated (US)
  • Tate & Lyle PLC (UK)
  • Roquette Frères (France)
  • Grain Processing Corporation (US)
  • AGRANA Beteiligungs-AG (Austria)
  • Avebe (Netherlands)
  • Südzucker AG (Germany)
  • National Starch LLC (US)
  • Global Bio-chem Technology Group Company Limited (Hong Kong)
  • China Essence Group Ltd. (China)
  • Manildra Group (Australia)
  • AVEBE U.A. (Netherlands)
  • SPAC Starch Products (India)
  • Roquette America, Inc. (US)
  • Universal Starch Chem Allied Ltd. (India)
  • Agristo (Belgium)
  • Aryan International (India)

Industrial Starch Market Recent Developments

  • In June 2023, Cargill announced a partnership with BASF, a global chemical company, to develop bio-based, high-performance plastics using renewable feedstocks, including starch-derived materials.
  • In April 2023, Archer Daniels Midland (ADM) acquired a controlling stake in Harvest Innovations, a leading manufacturer of organic and gluten-free ingredients, expanding its portfolio of specialty starches and proteins.
  • In March 2023, Ingredion Inc. invested in a new facility in China for the production of clean-label starches and sweeteners, catering to the growing demand for natural and functional ingredients in the region.
  • In January 2023, Tate & Lyle announced a collaboration with Plantic Technologies, a bioplastics company, to develop and commercialize bio-based barrier films using starch and other sustainable materials.
  • In December 2022, Cargill partnered with Renmatix, a specialist in plant-based technology, to develop innovative ingredients using cellulosic sugars derived from non-food biomass.

Industrial Starch Key Market Trends

  • One key market trend in the global industrial starch industry is the increasing demand for clean label and natural ingredients. Consumers are becoming more conscious of the ingredients used in their food and beverage products, leading to a preference for natural and clean label alternatives. This trend is driving the demand for industrial starch derived from sources like corn, potato, and wheat, as these ingredients are perceived as more natural and sustainable. Manufacturers are responding to this trend by offering clean label and natural industrial starch products to meet consumer expectations.

Industrial Starch Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global industrial starch market analysis, the market is experiencing significant growth due to its versatile applications as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient. The expanding food and beverage industry, particularly in developing countries, is a major driver of the market, as industrial starch is widely used in the manufacturing of frozen, packaged, and convenience food products. North America, led by the United States, dominated the market due to abundant raw material availability and a well-established manufacturing sector. Meanwhile, the Asia-Pacific region, particularly India and China, is witnessing rapid growth with a flourishing food and beverage industry and increasing buyer power. However, the market faces competition from alternative products, but continuous innovation in the food and beverage sector presents new growth opportunities. Manufacturers are adopting strategies such as mergers, expansions, and new product development to strengthen their market presence and cater to evolving consumer demands.

Report Metric Details
Market size value in 2023 USD 57.33 Billion
Market size value in 2031 USD 87.32 Billion
Growth Rate 5.4%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Modified Starch and Native Starch
  • Application
    • Food and Beverage, papermaking, and textile
  • Source
    • Corn and Potato
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cargill (US)
  • Ingredion Incorporated (US)
  • Tate & Lyle PLC (UK)
  • Roquette Frères (France)
  • Grain Processing Corporation (US)
  • AGRANA Beteiligungs-AG (Austria)
  • Avebe (Netherlands)
  • Südzucker AG (Germany)
  • National Starch LLC (US)
  • Global Bio-chem Technology Group Company Limited (Hong Kong)
  • China Essence Group Ltd. (China)
  • Manildra Group (Australia)
  • AVEBE U.A. (Netherlands)
  • SPAC Starch Products (India)
  • Roquette America, Inc. (US)
  • Universal Starch Chem Allied Ltd. (India)
  • Agristo (Belgium)
  • Aryan International (India)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Industrial Starch Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Industrial Starch Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Industrial Starch Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Starch Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Starch Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Industrial Starch Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Industrial Starch Market size was valued at USD 57.33 Billion in 2023 and is poised to grow from USD 60.42 Billion in 2024 to USD 87.32 Billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031). 

Global industrial starch market is characterized by intense rivalry among various players. Market participants are focusing on strategies such as mergers, expansions, and new product developments to gain a foothold in the market. These strategies allow companies to enhance their market presence, improve product offerings, and cater to the evolving needs of customers. Additionally, the presence of numerous manufacturers across the globe contributes to high buyer power, as customers have the flexibility to choose from a wide range of suppliers offering competitive pricing and quality products. 'Cargill (US)', 'Archer Daniels Midland Company (US)', 'Ingredion Incorporated (US)', 'Tate & Lyle PLC (UK)', 'Roquette Frères (France)', 'Grain Processing Corporation (US)', 'AGRANA Beteiligungs-AG (Austria)', 'Tereos Starch & Sweeteners (France)', 'Avebe (Netherlands)', 'Südzucker AG (Germany)', 'National Starch LLC (US)', 'Global Bio-chem Technology Group Company Limited (Hong Kong)', 'China Essence Group Ltd. (China)', 'Manildra Group (Australia)', 'AVEBE U.A. (Netherlands)', 'SPAC Starch Products (India)', 'Roquette America, Inc. (US)', 'Universal Starch Chem Allied Ltd. (India)', 'Agristo (Belgium)', 'Aryan International (India)'

The growing demand for industrial starch is primarily driven by the expanding food and beverage industry worldwide. As the consumption of frozen, packaged, and convenience food products continues to rise, the need for industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient also increases. This trend is particularly prominent in developing countries, where the demand for such food products is growing rapidly. The significant role of industrial starch in the manufacturing process of these food products contributes to its high demand and market growth.

One key market trend in the global industrial starch industry is the increasing demand for clean label and natural ingredients. Consumers are becoming more conscious of the ingredients used in their food and beverage products, leading to a preference for natural and clean label alternatives. This trend is driving the demand for industrial starch derived from sources like corn, potato, and wheat, as these ingredients are perceived as more natural and sustainable. Manufacturers are responding to this trend by offering clean label and natural industrial starch products to meet consumer expectations.

North America dominated the industrial starch market. The country boasts abundant availability of raw materials, particularly corn, which is a primary source of starch production. The well-established manufacturing sector in the United States further contributes to its dominance in the industry. Additionally, the growth of the food and beverage industry in the region, driven by the increasing demand for frozen, packaged, and convenience food products, fuels the demand for industrial starch. These factors combined make North America a key player in the market.

Global Industrial Starch Market size was valued at USD 57.33 Billion in 2023 and is poised to grow from USD 60.42 Billion in 2024 to USD 87.32 Billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031). 

Global industrial starch market is characterized by intense rivalry among various players. Market participants are focusing on strategies such as mergers, expansions, and new product developments to gain a foothold in the market. These strategies allow companies to enhance their market presence, improve product offerings, and cater to the evolving needs of customers. Additionally, the presence of numerous manufacturers across the globe contributes to high buyer power, as customers have the flexibility to choose from a wide range of suppliers offering competitive pricing and quality products. 'Cargill (US)', 'Archer Daniels Midland Company (US)', 'Ingredion Incorporated (US)', 'Tate & Lyle PLC (UK)', 'Roquette Frères (France)', 'Grain Processing Corporation (US)', 'AGRANA Beteiligungs-AG (Austria)', 'Tereos Starch & Sweeteners (France)', 'Avebe (Netherlands)', 'Südzucker AG (Germany)', 'National Starch LLC (US)', 'Global Bio-chem Technology Group Company Limited (Hong Kong)', 'China Essence Group Ltd. (China)', 'Manildra Group (Australia)', 'AVEBE U.A. (Netherlands)', 'SPAC Starch Products (India)', 'Roquette America, Inc. (US)', 'Universal Starch Chem Allied Ltd. (India)', 'Agristo (Belgium)', 'Aryan International (India)'

The growing demand for industrial starch is primarily driven by the expanding food and beverage industry worldwide. As the consumption of frozen, packaged, and convenience food products continues to rise, the need for industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient also increases. This trend is particularly prominent in developing countries, where the demand for such food products is growing rapidly. The significant role of industrial starch in the manufacturing process of these food products contributes to its high demand and market growth.

One key market trend in the global industrial starch industry is the increasing demand for clean label and natural ingredients. Consumers are becoming more conscious of the ingredients used in their food and beverage products, leading to a preference for natural and clean label alternatives. This trend is driving the demand for industrial starch derived from sources like corn, potato, and wheat, as these ingredients are perceived as more natural and sustainable. Manufacturers are responding to this trend by offering clean label and natural industrial starch products to meet consumer expectations.

North America dominated the industrial starch market. The country boasts abundant availability of raw materials, particularly corn, which is a primary source of starch production. The well-established manufacturing sector in the United States further contributes to its dominance in the industry. Additionally, the growth of the food and beverage industry in the region, driven by the increasing demand for frozen, packaged, and convenience food products, fuels the demand for industrial starch. These factors combined make North America a key player in the market.

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