Food Starch Market (Type - Modified Starch, Native Starch, and Starch Derivatives; Applications - Baked Goods, Dairy Products, Beverages, Confectionery, Meat Products, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

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.

Market Insight

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 market.

 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.

Segment Covered

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.

Companies Profiled:

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.

Report Highlights:

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.