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Industrial Starch Market Size

Report ID: GMI6512
Published Date: Aug 2023
Report Format: PDF

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Industrial Starch Market Size

Industrial Starch Market size was valued at USD 52.6 billion in 2022 and is estimated to expand at a CAGR of 5.6% CAGR from 2023 to 2032, driven by the need for thickening, stabilizing, and texturizing agents in processed and convenience foods. Starches are used for their functional properties in various food products, such as improving texture, mouthfeel, and shelf stability.

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Starch is used in the paper industry as a sizing agent to improve the printability and writing surface of paper. Starch-based materials are used to develop biodegradable and eco-friendly packaging solutions, driven by sustainability concerns.

Industrial Starch Market Report Attributes
Report Attribute	Details
Base Year:	2022
Industrial Starch Market Size in 2022:	USD 52.6 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.6%
2032 Value Projection:	USD 91 Billion
Historical Data for:	2018 t0 2022
No. of Pages:	200
Tables, Charts & Figures:	245
Segments covered:	Source, Function, Product, Application, Region
Growth Drivers:	Increasing functional demands Growing food industry Rising population
Pitfalls & Challenges:	Price Volatility of Raw Materials Supply Chain Disruptions Competition from Alternative Ingredients

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The prices of starch feedstock, such as corn, wheat, and cassava, can be subject to fluctuations. Disruptions in the supply chain, including transportation issues, natural disasters, and labor shortages, can impact the availability and timely delivery. Starch faces competition from other functional ingredients, such as gums, proteins, and modified cellulose, that offer similar functionalities.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of industrial starch reached USD 52.6 billion in 2022 and is estimated to cross USD 91 billion by the end of 2032.

Native starch segment is anticipated to grow at 5.2% CAGR through 2032, as it is perceived as a natural and clean label ingredient, aligning with consumers' preference for recognizable ingredients.

U.S. market share was worth USD 14.3 billion in 2022, owing to the consumer preference for processed and convenience foods, that drives the demand for starch as a thickening, stabilizing, and texturizing agent in various food products.

Cargill, Incorporated, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, Avebe, Grain Processing Corporation (GPC), Penford Corporation (Ingredion), Agrana Stärke GmbH, Emsland Group, Universal Starch Chem Allied Ltd., Visco Starch, Banpong Tapioca Flour Industrial Co., Ltd., Tirupati Starch & Chemicals Ltd., Native American Natural Foods.