What is the global market size of Industrial Starch Market?

Global Industrial Starch Market size was valued at USD 54.39 Billion in 2022 and is poised to grow from USD 57.32 Billion in 2023 to USD 87.31 Billion by 2031, at a CAGR of 5.4% during the forecast period (2024-2031).

Global Industrial Starch Companies

Global Industrial Starch Market Competitive Landscape

Industrial Starch Market Top Player’s Company Profiles

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)

Industrial Starch Market

FAQs

Global Industrial Starch Market size was valued at USD 54.39 Billion in 2022 and is poised to grow from USD 57.33 Billion in 2023 to USD 87.31 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.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

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

Global Industrial Starch Market Competitive Landscape

Global Industrial Starch Market Report Snapshots

Want to customize this report?

FAQs

Request Free Customization

Feedback From Our Clients

$5,300

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

Global Industrial Starch Market Competitive Landscape

Global Industrial Starch Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Industrial Starch Market?

Who are the key vendors in the Global Industrial Starch Market?

What is the key driver of Global Industrial Starch Market?

What is the key market trend for Global Industrial Starch Market?

Which region accounted for the largest share in Global Industrial Starch Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300