Market Overview:
The global starch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for starch sugar, monosodium glutamate (MSG), and modified starch in food and beverage applications. In addition, the growing demand for paper products is also contributing to the growth of the global starch market. Based on type, edible starch accounted for the majority share of the global starch market in 2017. The high demand for edible starches in food applications such as bakery products, confectionery items, snacks, and others is driving its growth globally. Industrial starches are used as adhesives, binders, thickeners agents in various industrial applications such as textiles printing & dyeing; non-woven fabrics; automotive interiors; construction materials etc., which is fueling their demand globally. Modified starches are used as thickening agents and stabilizers in various food applications such as sauces & dressings; dairy products; frozen foods etc.
Product Definition:
A carbohydrate found in plants, Starch is an important source of energy for humans and other animals. It is a white, granular substance that is soluble in water and can be converted to sugar.
Edible Starch:
Edible starch is a carbohydrate that is extracted from various sources including rice, wheat, potato, sweet potatoes and cassava. It has high nutritional value as well as it's easy to digest property which makes it an ideal food ingredient for human consumption. Edible starch can be categorized under safe starches such as amylopectin and linear polysaccharides which are used in the food industry to thickeners, gelling agents and stabilizers among others.
Industrial Starch:
Industrial starch is a highly purified form of starch that is used as an additive in food products such as bread, pasta, noodles and breakfast cereals. It helps to increase the viscosity of food without adding any extra water content. The product also acts as a thickening agent and stabilizer in various foods which are expected to drive its demand over the forecast period.
Application Insights:
Starch sugar accounted for the largest share of over 60.0% in 2017 and is expected to witness significant growth on account of its increasing application in confectionery, bakery & cereals production as well as soft drinks. The product has a high demand from various industries including pharmaceuticals, cosmetics, food processing and beverage owing to its properties such as taste sweetness which makes it suitable for use in various food products across the globe.
The medicine segment is expected to register the fastest CAGR over the forecast period owing to an increase in consumption of starch-based drugs due to their low cost compared with other drugs and their ease of manufacturing making them highly preferred by several manufacturers around the world especially during these tough economic times when consumers are more inclined towards using generic medicines instead of expensive brand-name products.
Regional Analysis:
Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period. The growth in Asia Pacific can be attributed to increasing product demand from key end-use industries, such as food and beverage, personal care and cosmetics, pharmaceuticals, and paper. Increasing disposable income levels coupled with rapid urbanization in emerging economies of India and China are projected to fuel starch consumption in packaging applications.
Europe accounted for more than 25% of global market share owing to high demand from several major end-use industries including food processing companies like Cargill Inc., Danone S.A., Heineken NV; JB HiFi; Carrefour S.A.; Unilever Group; Mondelez International Inc.; Tyson Food Inc.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient foods that are easy to prepare and consume. This is where starches come in, as they are a versatile ingredient that can be used in a variety of dishes.
- Rising awareness about the health benefits of starches: There is a growing awareness among consumers about the health benefits of consuming starches, such as improved digestion and weight management. This is driving demand for products that contain starch ingredients.
- Growing popularity of plant-based diets: There is a growing trend among consumers towards plant-based diets, which has led to an increase in the demand for vegetarian and vegan products containing starch ingredients.
Scope Of The Report
Report Attributes
Report Details
Report Title
Starch Market Research Report
By Type
Edible Starch, Industrial Starch, Officinal Starch,
By Application
Starch Sugar, Monosodium, Medicine, Modified Starch, Food, Beer, Paper, Other,
By Companies
ADM, Cargill, Ingredion, Ingredion Incorporated, Tate & Lyle Americas, AVEBE, Roquette, Gea, Nihon Shokuhin Kako, Japan Corn Starch, Sanwa Starch, Zhucheng Xingmao, Changchun Dacheng, Luzhou Group, COFCO, China Starch, Wanshunda Group, Xi'an Guowei, Lihua Starch, Henan Julong Biological Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Starch Market Report Segments:
The global Starch market is segmented on the basis of:
Types
Edible Starch, Industrial Starch, Officinal Starch,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Starch Sugar, Monosodium, Medicine, Modified Starch, Food, Beer, Paper, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Cargill
- Ingredion
- Ingredion Incorporated
- Tate & Lyle Americas
- AVEBE
- Roquette
- Gea
- Nihon Shokuhin Kako
- Japan Corn Starch
- Sanwa Starch
- Zhucheng Xingmao
- Changchun Dacheng
- Luzhou Group
- COFCO
- China Starch
- Wanshunda Group
- Xi'an Guowei
- Lihua Starch
- Henan Julong Biological Engineering
Highlights of The Starch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Edible Starch
- Industrial Starch
- Officinal Starch
- By Application:
- Starch Sugar
- Monosodium
- Medicine
- Modified Starch
- Food
- Beer
- Paper
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Starch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Starch is a carbohydrate that is found in plants. It is made up of glucose molecules linked together.
Some of the major players in the starch market are ADM, Cargill, Ingredion, Ingredion Incorporated, Tate & Lyle Americas, AVEBE, Roquette, Gea, Nihon Shokuhin Kako, Japan Corn Starch, Sanwa Starch, Zhucheng Xingmao, Changchun Dacheng, Luzhou Group, COFCO, China Starch, Wanshunda Group, Xi'an Guowei, Lihua Starch, Henan Julong Biological Engineering.
The starch market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Starch Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Starch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Starch Market - Supply Chain
4.5. Global Starch Market Forecast
4.5.1. Starch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Starch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Starch Market Absolute $ Opportunity
5. Global Starch Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Starch Market Size and Volume Forecast by Type
5.3.1. Edible Starch
5.3.2. Industrial Starch
5.3.3. Officinal Starch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Starch Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Starch Market Size and Volume Forecast by Application
6.3.1. Starch Sugar
6.3.2. Monosodium
6.3.3. Medicine
6.3.4. Modified Starch
6.3.5. Food
6.3.6. Beer
6.3.7. Paper
6.3.8. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Starch Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Starch Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Starch Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Starch Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Starch Demand Share Forecast, 2019-2026
9. North America Starch Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Starch Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Starch Market Size and Volume Forecast by Application
9.4.1. Starch Sugar
9.4.2. Monosodium
9.4.3. Medicine
9.4.4. Modified Starch
9.4.5. Food
9.4.6. Beer
9.4.7. Paper
9.4.8. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Starch Market Size and Volume Forecast by Type
9.7.1. Edible Starch
9.7.2. Industrial Starch
9.7.3. Officinal Starch
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Starch Demand Share Forecast, 2019-2026
10. Latin America Starch Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Starch Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Starch Market Size and Volume Forecast by Application
10.4.1. Starch Sugar
10.4.2. Monosodium
10.4.3. Medicine
10.4.4. Modified Starch
10.4.5. Food
10.4.6. Beer
10.4.7. Paper
10.4.8. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Starch Market Size and Volume Forecast by Type
10.7.1. Edible Starch
10.7.2. Industrial Starch
10.7.3. Officinal Starch
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Starch Demand Share Forecast, 2019-2026
11. Europe Starch Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Starch Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Starch Market Size and Volume Forecast by Application
11.4.1. Starch Sugar
11.4.2. Monosodium
11.4.3. Medicine
11.4.4. Modified Starch
11.4.5. Food
11.4.6. Beer
11.4.7. Paper
11.4.8. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Starch Market Size and Volume Forecast by Type
11.7.1. Edible Starch
11.7.2. Industrial Starch
11.7.3. Officinal Starch
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maret Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Starch Demand Share, 2019-2026
12. Asia Pacific Starch Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Starch Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Starch Market Size and Volume Forecast by Application
12.4.1. Starch Sugar
12.4.2. Monosodium
12.4.3. Medicine
12.4.4. Modified Starch
12.4.5. Food
12.4.6. Beer
12.4.7. Paper
12.4.8. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Starch Market Size and Volume Forecast by Type
12.7.1. Edible Starch
12.7.2. Industrial Starch
12.7.3. Officinal Starch
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Starch Demand Share, 2019-2026
13. Middle East & Africa Starch Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Starch Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Starch Market Size and Volume Forecast by Application
13.4.1. Starch Sugar
13.4.2. Monosodium
13.4.3. Medicine
13.4.4. Modified Starch
13.4.5. Food
13.4.6. Beer
13.4.7. Paper
13.4.8. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Starch Market Size and Volume Forecast by Type
13.7.1. Edible Starch
13.7.2. Industrial Starch
13.7.3. Officinal Starch
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Starch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Starch Market: Market Share Analysis
14.2. Starch Distributors and Customers
14.3. Starch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ADM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ingredion
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ingredion Incorporated
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tate & Lyle Americas
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AVEBE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Roquette
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gea
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nihon Shokuhin Kako
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Japan Corn Starch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sanwa Starch
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhucheng Xingmao
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changchun Dacheng
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Luzhou Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COFCO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. China Starch
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wanshunda Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Xi'an Guowei
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lihua Starch
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Henan Julong Biological Engineering
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook