According to a new report published by UnivDatos Markets Insights the Industrial Starch Market is expected to grow at a CAGR of around 6% from 2022-2028. The analysis has been segmented into Product Type (Native starch, Starch derivatives sweeteners); Source (Corn, Wheat, Cassava, Potato, Other sources); Application (Food Beverage, Pharmaceuticals, Paper Industry, Feed, Others); and Region/Country.

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The industrial starch market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the industrial starch market. The industrial starch market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the industrial starch market at the global and regional levels.

Market Overview

Industrial starch is derived from various natural sources such as wheat, corn, cassava, potato, and other sources. As they are believed to be the most common carbohydrate found in human diets. Due to its multiple applications such as viscosifiers, emulsifiers, defoaming agents, encapsulation, and sizing agents. It is used in many industries such as pharmaceuticals, food beverage industries, and others. In addition, industrial starch is extensively used in the paper industry during the manufacturing and coating process. Furthermore, starches are valued for their ability to impart textural characteristics and provide gelling or film formation.

The Industrial Starch Market is expected to grow at a steady rate of around 5% owing to the growing demand for ready-to-eat food and multifunctional applications of starch, starch derivatives, and a diverse range of end-use industries. Major companies in the market offer industrial starch for food beverage applications with technologically advanced features. For instance, in January 2021, Tate Lyle expands its portfolio of tapioca-based thickening and gelling starches. The expansion includes the launch of new REZISTA® MAX thickening starches and BRIOGEL® gelling starches.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the food and beverage industry and has transformed the way industries are delivered. The COVID-19 pandemic has significantly affected the industrial starch market as there has been a decline in the production of the product but as the things are back to normal the growth of the sector will be seen.

The global industrial starch market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·        Based on product type, the market is segmented into native starch and starch derivatives sweeteners. Native starch category to witness higher CAGR during the forecast period as it is the original form of starch. It is commonly used in the formulation of food, pharmaceuticals, and other industrial products. In addition, the properties of native starch can be modified by acid and other chemical treatments at specific temperatures for different uses

·        On the basis of source, the market is categorized into corn, wheat, cassava, potato, and others. Among these, corn segment is expected to hold a significant share of the market during the forecasted year. This is mainly due to the high demand for its textural properties as a thickening agent, especially in industries such as dairy and beverages. Additionally, corn starch is a carbohydrate derived from the endosperm of corn seeds. Corn starch is gaining importance in the market because it is gluten-free. Hence, it is an excellent source of energy and prevents hypoglycemia in people with nocturnal hypoglycemia

·        Based on application, the industrial starch market has been classified into food beverage, pharmaceuticals, paper industry, feed, and others. The food beverage category is to witness higher CAGR during the forecast period. As the increased use of industrial starch in the bakery and confectionery sector is majorly seen during the last few years. Also, the growing demand for on-the-go groceries and various beverages from the coming generation and working population is expected to drive the market

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Industrial Starch Market Geographical Segmentation Includes:

·        North America (U.S., Canada, and Rest of North America)

·        Europe (Germany, United Kingdom, Italy, France, Spain, and the Rest of Europe)

·        Asia-Pacific (China, India, Australia, Japan, and the Rest of Asia-Pacific)

·        Rest of the World

For a better understanding of the market dynamics of the industrial starch market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. Geographically, the North America region dominated the industrial starch market owing to the highly developed whole food industry in the region.

The major players targeting the market include

·        Cargill Incorporated

·        Archer-Daniels-Midland Company

·        Tate Lyle PLC

·        AGRANA Beteiligungs-AG

·        Grain Processing Corporation

·        Roquette Frères

·        Royal Cosun

·        Eiamheng Tapioca Starch Industry Co. Ltd.

·        General Starch Limited

·        The Kraft Heinz Company

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the industrial starch market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the industrial starch market?

• Which factors are influencing the industrial starch market over the forecast period?

• What are the global challenges, threats, and risks in the industrial starch market?

• Which factors are propelling and restraining the industrial starch market?

• What are the demanding global regions of the industrial starch market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

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