Arrowroot Starch Market Analysis

Arrowroot Starch Market Analysis

Based on type, the arrowroot starch market is segmented as organic and conventional. Organic held a majority market value of USD 1.5 billion in 2022. Organic arrowroot starch caters to consumers seeking products made from organic and non-genetically modified sources. The organic certification ensures the absence of synthetic chemicals and pesticides, aligning with the clean and sustainable food movement. Moreover, an increasing usage will further accelerate the segment trends.
 

Based on application, the arrowroot starch market is segmented as food and beverages, pharmaceuticals, nutraceuticals, textile, industrial, others. Food and beverages held a dominant business share of around 36% in 2022 and is expected to grow at a lucrative pace by 2032. The clean label trend encourages the use of natural and minimally processed ingredients like arrowroot starch in food and beverage formulations. Thus, the aforementioned factors are projected to expedite the market expansion.
 

Based on distribution channel the arrowroot starch market is segmented as retail stores, online retail. Retail stores held a dominant market share in 2022 and is anticipated to grow at 3.4% CAGR by 2032. Retail stores and supermarkets offer convenient access to arrowroot starch along with other grocery items. Thus, the high-quality services and growing usage of arrowroot starch are anticipated to expedite the business landscape.
 

U.S. arrowroot starch market exceeded USD 0.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly seeking products with clean labels and natural ingredients. Arrowroot starch's natural origin and minimal processing align with this trend. Thus, the above-mentioned variables would augment the arrowroot starch business growth in the North America positively.