A recent report published by Infinium Global Research on the food
starch market provides an in-depth analysis of segments and sub-segments in the
global as well as regional food starch market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
food starch market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecasts, and dollar values of the global food
starch market. According to the report, the global food starch market is
projected to grow at a CAGR of 6.5% over the forecast period of 2020-2026.
Starch is a polymeric carbohydrate with various glucose units
joined by glycosidic bonds. It is produced by different green plants as energy
storage. It is a part of several staple foods and a main carbohydrate in the
diet. Starch is modified to enhance its stability, resistance against heat,
freezing, excessive heat, and modulate the viscosity.
The surge in demand for starch along with adhesives in packaging
sectors and industrial products will augment the growth of the food starch
market. Starch is prominently used in beverages and food processing.
Additionally, starch has a wide range of applications in various industries
such as processed food and beverages, pharmaceuticals drive the growth of the
food starch market. The rise in demand for starch as a thickening agent,
binder, stabilizer, and emulsifier contributes to the expansion of the food starch
market. Further, increasing demand for industrial starch with the developing
trend of biofuels and biomaterials promotes the growth of the food starch
The surge in demand for
corn starch from paper and textile industries boosts the growth of the food
starch market. In addition, the rising consumer’s preference for healthy food
led to the growth of the food starch market. The modified starch is majorly
used as a fat replacer. Factors such as improved logistics, innovation in the
food system, surge in affordability, rise in global trade, and an increase in
consumer spending contributed to the expansion of the food starch market.
Additionally, the growing demand for convenience food and preference for
ready-to-eat and cost-effective food drive the development of the market. On
the flip side, the use of polymers in adhesives hampers the growth of the food
starch market. Moreover, new product launches create several opportunities in
the global food starch market.
Geographically, the global food starch market is divided into
North America, Asia-Pacific, Europe, and the Rest of the World. North America
is expected to hold the largest share in the global food starch market. The
development of modified starch and the presence of large producers in North America
led to the growth of the food starch market in the region. Asia-Pacific region
is anticipated to grow in the global food starch market with a healthy CAGR
over the forecast period. The rising use of maize for manufacturing starch in
Asia-Pacific stimulates the expansion of the food starch market in
Asia-Pacific. Europe has significant growth opportunities in the global food
starch market. The increasing use of potato and wheat as raw material sources
to meet the requirement of starch in Europe drives the growth of the food
starch market in the region.
The report on the global food starch market covers segments such as
type, and applications. On the basis of type, the sub-markets include modified
starch, native starch, and starch derivatives. On the basis of applications,
the sub-markets include baked goods, dairy products, beverages, confectionery,
meat products, and other applications.
The report provides profiles of the companies in the market such
as Cargill Inc., National Starch Food Innovation, Tereos Syral SAS, Tate &
Lyle PLC, Roquette Freres SA, Grain Processing Corporation, Agrana Group,
Qingdao Nutrend Biotech Co., Ltd., SPAC Starch Products Ltd., Sonish Starch
Technology Co., Ltd., and other companies.
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 food starch
market. Moreover, the study highlights current market trends and provides
forecast from 2020-2026. 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.