A recent report published by Infinium Global Research on the starch sweeteners market provides an in-depth analysis of segments and sub-segments in the global as well as regional starch sweeteners market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional starch sweeteners market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global starch sweeteners market. According to the report, the global starch sweeteners market is projected to reach up to 2.8 Billion from USD 1.7 Billion, growing with a CAGR of 7.5% over the forecast period of 2021-2027.
Acid hydrolysis reactions are the main process for manufacturing starch sweeteners. Starch sweeteners are increasingly used in a number of food and beverage products. There are two categories of starch sweeteners mainly natural and artificial. Both of these category starch sweeteners have a wide area of applications. Starch sweeteners are primarily used for the conservation, sweetening and texturing of drinkable and edible products. Artificial starch sweeteners are used as sugar substitutes in food and beverage products. The application and awareness of starch sweeteners are growing among the food and beverages and pharmaceutical industries.
The growing awareness of starch sweeteners in the food and beverages industry is majorly driving the market. Food and beverages are using a multitude of starch sweeteners and sugar alcohols in the production of food products and beverages. Additionally, market players offering starch sweeteners is growing from past recent time. These market players undertake promotional campaigns to increase the awareness of starch sweeteners among their client industries. Also, food and beverage manufacturers are exploring starch sweeteners as an alternative to conventional sugar used in their products. Thus, this growing awareness has led to increase in the applications of starch sweeteners. Several starch sweeteners are also being used as an ingredient in dietary supplements by pharmaceutical companies. The adverse effects of artificial starch sweeteners on health are restraining the growth of the market. Future opportunities are expected to arise as new innovative production methods of starch sweeteners are being adopted by the market players.
North America is expected to dominate the market. Asia-Pacific is expected to grow at the fastest rate in the market. People have a high standard of living and their consumption of bakeries and confectionary is also high. Additionally, the market players operating in the region are continuously involved in the development of new starch sweeteners. The supplementary industries such as Machinery and Technology spend heavily on R&D of new starch sweeteners production methods and machinery required in these production methods.
The report on the global starch sweeteners market covers segments such as product type, and application. On the basis of product type, the sub-markets include maltose syrups, dextrin, fructose syrup, glucose/corn syrup, oligosaccharides, polyols, and others. On the basis of application, the sub-markets include confectionary, dietary supplements, beverages, bakery products, dairy and desserts, and others.
The report provides profiles of the companies in the market such as Tate and Lyle Plc, Cargill Incorporated, ADM Company, The Scoular Company, Tereos, Daesang, Kasyap Sweeteners Ltd., E. I. du Pont de Nemours and Company., VOGELBUSCH Biocommodities GmbH., and Showa Sangyo Co., Ltd.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of starch sweeteners market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.