Global Food Starch Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Food Starch Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Native Starch, Modified Starch (Oligosaccharides, Sugar Polyols, Starch Sugars), and Starch Derivatives), Source (Corn, Wheat, Potato, Cassava, and Other Sources), Application (Confectionery, Bakery, Dairy, Beverages, and Other Food and Beverage Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Food Starch Market was valued at USD 25,573.9 million in 2023 and is expected to reach USD 40,149.7 million by 2031 while growing at a CAGR of 5.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global food starch market growth. Food starch, a carbohydrate derived from plants, serves as a common thickening agent, stabilizer, or texturizer in the food industry. Comprising large glucose polymer molecules, it is typically sourced from staples like potatoes, corn, wheat, and tapioca. The extraction process involves breaking down plant material to release starch granules, which are subsequently separated and refined for diverse food applications.
Increasing expansion of the processed food industry in emerging markets and rising consumer awareness of health and nutrition are driving the growth of the food starch market. However, obstacles like fluctuations in raw material prices and health concerns related to dietary trends may hinder market expansion.
Furthermore, the global food starch industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Food Starch Market is segmented among Native Starch, Modified Starch, and Starch Derivatives, based on Type. In 2023, Starch Derivatives accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Source Analysis
The Global Food Starch Market is segmented among Corn, Wheat, Potato, Cassava, and Other Sources, based on Source. In 2023, Corn accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Food Starch Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ADM - Archer Daniels Midland, The Agrana Group, Royal Avebe U.A, BENEO, Cargill Incorporated, Grain Processing Corporation, Ingredion Inc, National Starch Food Innovation, and Roquette Freres SA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Food Starch Market Dynamics
Drivers
Restraints
Opportunity
4. Global Food Starch Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Food Starch Market Segmentation, By Type
Global Food Starch Market Share Analysis, By Type
Global Food Starch Market Growth Analysis, By Type
Global Food Starch Market Trends, By Type
o Native Starch
o Modified Starch
Ø Oligosaccharides
Ø Sugar Polyols
Ø Starch Sugars
o Starch Derivatives
6. Global Food Starch Market Segmentation, By Source
Global Food Starch Market Share Analysis, By Source
Global Food Starch Market Growth Analysis, By Source
Global Food Starch Market Trends, By Source
o Corn
o Wheat
o Potato
o Cassava
o Other Sources
7. Global Food Starch Market Segmentation, By Application
Global Food Starch Market Share Analysis, By Application
Global Food Starch Market Growth Analysis, By Application
Global Food Starch Market Trends, By Application
o Confectionery
o Bakery
o Dairy
o Beverages
o Other Food and Beverage Applications
8. Global Food Starch Market Segmentation, By Region
Global Food Starch Market Share Analysis, By Region
Global Food Starch Market Growth Analysis, By Region
Global Food Starch Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
ADM - Archer Daniels Midland*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
The Agrana Group
Royal Avebe U.A
BENEO
Cargill Incorporated
Grain Processing Corporation
Ingredion Inc
National Starch Food Innovation
Roquette Freres SA
*Similar analysis will be provided for each company listed above.