Industrial Starch Market Share, Size & Analysis (2024)

The Global Industrial Starch Market Share is segmented by Type (Native Starch and Starch Derivatives & Sweeteners), By Source (Corn, Wheat, Cassava, Potato, and Other Sources), By Application (Food, Feed, Paper Industry, Pharmaceutical Industry, and Other Applications), and By Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The market sizing and forecasting have been done in value terms of USD million for each segment.

Industrial Starch Market Analysis

The Industrial Starches Market size is estimated at USD 57.21 billion in 2024, and is expected to reach USD 74.41 billion by 2029, growing at a CAGR of 5.40% during the forecast period (2024-2029).

Starch is a carbohydrate extracted from agricultural raw materials, which finds applications in many everyday food and non-food products. Industrial starches are derived from various sources, including corn, potato, wheat, and other sources. With the global economy gradually improving and resulting in an increased intake of processed and convenience foods, the market for industrial starch, which finds substantial usage in these food applications, is finding increased demand, thereby driving the overall market.

The demand for modified starches is increasing in parallel with the rapid development of the food industry. Modified starches offer many functional benefits to various foods, such as bakeries, snacks, beverages, and nutritional foods. Currently, a wide range of starches are available in the market, studied in the form of native starches, modified starches, malt dextrin, starch-based sugars, and others. These starches have expanding applications, primarily in the beverage and confectionery industries and the pharmaceutical and fermentation industries, among others, driving the market.

Industrial Starch Market Trends

This section covers the major market trends shaping the Industrial Starches Market according to our research experts:

Corn as one of the Prominent Source of Industrial Starch

Starch derived from corn is in high demand because of its textural properties, especially as a thickening agent in industries such as dairy and beverages. The ingredient also gains an edge in the development of gluten-free products, which is a challenge for starch sourced from wheat, considering the potential remains of traces during extraction. The trend of clean-label ingredients and products is drastically impacting the global food and beverage industry. Moreover, the rapid expansion of the food processing industry offers a significant opportunity for ingredient manufacturers to adopt strategic measures to cater to the growing demand. When it comes to non-food applications, the paper industry utilizes corn starch as a filler and sizing material. It also finds applications in the textile, laundry, foundry, air flotation, and adhesive industries. The wide applications of corn starch in various industries drive market growth.

North America Holds a Major Share in the Industrial Starches Market

With a highly developed food industry utilizing all ingredients, North America occupies the pole position in the Industrial Starches Market by region. Globally, the United States is the largest producer of corn, with a production of 383.94 million metric tons in 2021-2022, which is utilized in various application areas, including starch production. The market is significantly inclined toward the consumption of gluten-free food, supported by the country's government with its stringent regulations regarding product labeling of gluten-free ingredients. Thus, most modified food starches in the United States are gluten-free and derived from corn, waxy maize, and potatoes. Consequently, the wheat-sourced starches amount to a lower share of the market. The Canadian industrial starches market is growing rapidly, owing to rising consumer demand for healthy and cleaner ingredients. Light-colored applications with subtle flavors especially drive the demand for native starches in the country. Local manufacturers are using it in processed food products, aiding in maintaining the product's appeal.

Industrial Starch Industry Overview

The industrial starch market is highly fragmented, with many local, regional, and international players competing for market share. Some of the major players in the market are Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle PLC, and The Tereos Group. Companies adopt major strategies for expansion, new product launches, and innovations to strengthen their business. The strategy of forming new agreements and partnerships with local players helped the companies increase their footprint in foreign countries and release new products according to the industrial requirements preferences and leverage the expertise of these small regional companies.

Industrial Starch Market Leaders

1. AGRANA Beteiligungs-AG

2. Archer Daniels Midland Company

3. The Tereos Group

4. Tate & Lyle

5. Cargill Incorporated

*Disclaimer: Major Players sorted in no particular order

Industrial Starch Market Report - Table of Contents

1. 1. INTRODUCTION

   1. 1.1 Study Assumptions and Market Definition

   2. 1.2 Scope of the Study

2. 2. RESEARCH METHODOLOGY

3. 3. EXECUTIVE SUMMARY

4. 4. MARKET DYNAMICS

   1. 4.1 Market Drivers

   2. 4.2 Market Restraints

   3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

5. 5. MARKET SEGMENTATION

   1. 5.1 By Type

      1. 5.1.1 Native

      2. 5.1.2 Starch Derivatives & Sweeteners

   2. 5.2 By Source

      1. 5.2.1 Corn

      2. 5.2.2 Wheat

      3. 5.2.3 Cassava

      4. 5.2.4 Potato

      5. 5.2.5 Other Sources

   3. 5.3 By Application

      1. 5.3.1 Food

      2. 5.3.2 Feed

      3. 5.3.3 Paper Industry

      4. 5.3.4 Pharmaceutical Industry

      5. 5.3.5 Other Applications

   4. 5.4 By Geography

      1. 5.4.1 North America

         1. 5.4.1.1 United States

         2. 5.4.1.2 Canada

         3. 5.4.1.3 Mexico

         4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

         See Also

         Potato Processing Market Size & Share | Trends Forecast, 2032

         1. 5.4.2.1 Spain

         2. 5.4.2.2 United Kingdom

         3. 5.4.2.3 Germany

         4. 5.4.2.4 Russia

         5. 5.4.2.5 France

         6. 5.4.2.6 Italy

         7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

         1. 5.4.3.1 China

         2. 5.4.3.2 Japan

         3. 5.4.3.3 India

         4. 5.4.3.4 Australia

         5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

         1. 5.4.4.1 Brazil

         2. 5.4.4.2 Argentina

         3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East and Africa

         1. 5.4.5.1 South Africa

         2. 5.4.5.2 United Arab Emirates

         3. 5.4.5.3 Rest of Middle East and Africa

6. 6. COMPETITIVE LANDSCAPE

   1. 6.1 Most Adopted Strategies

   2. 6.2 Market Share Analysis

   3. 6.3 Company Profiles

      1. 6.3.1 Cargill Incorporated

      2. 6.3.2 Archer Daniels Midland Company

      3. 6.3.3 Ingredion Incorporated

      4. 6.3.4 Tate & Lyle PLC

      5. 6.3.5 Agrana Beteiligungs AG

      6. 6.3.6 Kent Nutrition Group Inc. (Grain Processing Corp.)

      7. 6.3.7 The Tereos Group

      8. 6.3.8 Cooperatie Koninklijke Cosun UA

      9. 6.3.9 Altia PLC

      10. 6.3.10 Angel Starch and Food Pvt. Ltd

      11. 6.3.11 Manildra Group

      12. 6.3.12 Japan Corn Starch Co. Ltd

   4. *List Not Exhaustive

7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. 8. DISCLAIMER

**Subject to Availability

Industrial Starch Industry Segmentation

Industrial starch is derived from various natural sources such as wheat, corn, cassava, potato, and other sources. Industrial starch is extensively used in the paper industry during the manufacturing and coating process. The global industrial starch market is segmented by type into native and starch derivatives and sweeteners. Based on source, the market is segmented into corn, wheat, cassava, potato, and other sources. The market is segmented by application into food and beverage, feed, paper, pharmaceutical, and other applications. Also, the report provides global insights into the industrial starches market in the major economies across regions, including North America, Europe, Asia-Pacific, South America, Middle East and Africa. For each segment, the market sizing and forecasting have been done in value terms of USD million.

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Industrial Starch Industry Report

Statistics for the 2024 Industrial Starch market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Starch analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

• Industrial Starch Market Size
• Industrial Starch Market Share
• Industrial Starch Market Trends
• Industrial Starch Companies

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