Industrial Starch Market By Type (Native Starch, Starch Derivatives and Sweeteners), By Source (Corn, Wheat, Cassava, Potato, Other), By Application (Food, Feed, Paper Industry, Pharmaceutical Industry, Other), Global Analysis to 2023

Industrial Starch Market Size And Forecast

According to the new report titled " Industrial Starch Market By Type (Native Starch, Starch Derivatives and Sweeteners), By Source (Corn, Wheat, Cassava, Potato, Other), By Application (Food, Feed, Paper Industry, Pharmaceutical Industry, Other), Global Analysis to 2023",

The valuation of the  Industrial Starch market was $14.25 Billion in 2023 and is projected to reach $24.78 Billion by 2032, at a CAGR of 6.72% from 2021 to 2032.

The Industrial Starch Market was valued at $14.25 Billion by 2023 and expected to grow at CAGR of 6.72% over forecast period.  Industrial starch refers to starch derived from various plant sources that is used for non-food applications in industries such as manufacturing, textiles, pharmaceuticals, and paper production. Industrial starch is typically extracted from crops such as corn, wheat, potatoes, cassava, and tapioca. It undergoes processing to remove impurities and convert it into a versatile ingredient with various industrial applications. Industrial starch serves as a key ingredient in the paper and packaging industry for paper coating, surface sizing, and adhesive applications.

Starch-based coatings are applied to paper and cardboard to improve their strength, smoothness, and printability, enhancing the quality and performance of the final paper products. Starch adhesives are also used in paperboard lamination and corrugated board production. The growing interest in biodegradable and sustainable materials has led to the development of starch-based bioplastics. Industrial starch serves as a feedstock for the production of biodegradable plastics used in packaging, disposable products, and agricultural applications, contributing to its demand in this sector.

Flours held the largest share in the Industrial Starch market

By Type (Native Starch, Starch Derivatives and Sweeteners) where Starch Derivatives and Sweeteners plays a crucial role in the Industrial Starch market. The demand for starch derivatives and sweeteners within the industrial starch sector is influenced by several factors and driven by their diverse applications across various industries. Starch derivatives and sweeteners are extensively used in the food and beverage industry as functional ingredients. Modified starches, such as modified corn starch and modified tapioca starch, are used as thickeners, stabilizers, and texture enhancers in a wide range of food products, including soups, sauces, dressings, and baked goods.

Sweeteners derived from starch, such as glucose syrup, maltodextrin, and high-fructose corn syrup (HFCS), are used as bulk sweeteners, flavor enhancers, and texture modifiers in various food and beverage formulations. Starch derivatives find applications in the pharmaceutical and cosmetics industries as excipients in tablet formulations, capsules, and cosmetics products. Modified starches are used as binders, disintegrants, and fillers in pharmaceutical formulations, while starch-based powders and gums serve as thickening agents and stabilizers in cosmetic formulations. The growing demand for natural and clean label ingredients in food and beverage products has led to increased interest in starch derivatives and sweeteners derived from natural sources. Manufacturers are increasingly using starch-based ingredients as alternatives to synthetic additives and artificial sweeteners to meet consumer demand for healthier and more natural products.

North America headed the Industrial Starch market in 2023

The food and beverage industry is a major consumer of industrial starch in North America. Starch derivatives such as modified starches, glucose syrup, and maltodextrin are widely used as functional ingredients in a variety of food products, including soups, sauces, dressings, baked goods, snacks, and beverages. The versatility of starch derivatives in providing texture, stability, and viscosity makes them essential ingredients in food processing. he growing interest in biodegradable and sustainable materials has led to the development of starch-based bioplastics. Industrial starch serves as a feedstock for the production of biodegradable plastics used in packaging, disposable products, and agricultural applications, contributing to its demand in this sector. Overall, the demand for industrial starch in North America is driven by its functional properties, versatility, and suitability for diverse applications across industries such as food and beverage, paper and packaging, textiles, adhesives, pharmaceuticals, cosmetics, and biodegradable plastics. The growth of these industries, along with evolving consumer preferences and sustainability concerns, is expected to continue driving the demand for industrial starch in North America in the foreseeable future.

Key market players operating in the market that are profiled in the report are argill Incorporated, Archer Daniels Midland Company, Ingredion Inc., Tate & Lyle PLC, Agrana Beteiligungs AG, Kent Nutrition Group Inc. (Grain Processing Corp.), Roquette Frères, Tereos Group, Coöperatie Koninklijke Cosun U.A, Altia PLC, Angel Starch and Food Pvt. Ltd, Manildra Group, and Japan Corn Starch Co. Ltd etc.

Report Scope

Key Players

The major players in the Global Industrial Starch Market are

• Ingredion Inc.
• Cargill, Incorporated
• Archer Daniels Midland Company
• Roquette Frères
• Tate & Lyle PLC
• Avebe U.A.
• Grain Processing Corp
• The Tereos Group
• Royal Cosun
• Altia Industrial Services
• Universal Starch Chem Allied Ltd.

  Global Industrial Starch Market Segmentation Analysis

  The Global Industrial Starch Market is Segmented on the basis of Type, Source, Application, And Geography.

  Industrial Starch Market, By Type

• Native Starch This is the purest form of starch and is derived from various sources like corn, wheat, potato, and tapioca. It finds application in food processing, textiles, and pharmaceuticals due to its thickening, binding, and gelling properties.
• Starch Derivatives & Sweeteners Starch derivatives are modified starches with altered functionalities to meet specific industrial needs. Some common types include modified tapioca starch, cationic starches, and acid-modified starches. Sweeteners, like dextrose and maltose, are also derived from starch. They are used in various food and beverage applications.

• Industrial Starch Market, By Source

• Corn Corn is the most widely used source of industrial starch due to its high starch content, low cost, and easy availability. Corn starch is used in various applications, including food processing, textiles, pharmaceuticals, and adhesives.
• Wheat Wheat starch is another significant source of industrial starch. It is used in baking, adhesives, and textiles.
• Cassava Cassava is a starchy root vegetable that is a major source of industrial starch in tropical regions. Cassava starch is used in food processing, textiles, and pharmaceuticals.

• Industrial Starch Market, By Application

• Food Industrial starch plays a crucial role in the food industry as a thickener, binder, texturizer, and stabilizer. It is used in various food products like soups, sauces, bakery items, confectionery, and processed meats.
• Feed Starch is used as a binder and bulking agent in animal feed pellets.
• Paper Making & Corrugation In the paper industry, starch is used as a binder to hold paper fibers together. It also improves the strength and printability of paper.
• Pharmaceutical Starch is used as a binder, disintegrant, and bulking agent in pharmaceutical tablets and capsules.
• Other applications include textiles, adhesives, building materials, and bioplastics.

• Industrial Starch Market, By Geography

• North America Market conditions and demand in the United States, Canada, and Mexico.
• Europe Analysis of the Global Industrial Starch Market in European countries.
• Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
• Middle East and Africa Examining market dynamics in the Middle East and African regions.
• Latin America Covering market trends and developments in countries across Latin America.
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• Potato Potato starch is used in food processing, textiles, and pharmaceuticals. It has unique thickening and binding properties.
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• Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support