- Food & beverage
- Textile industry
- Feed
- Paper
- Others
Industrial Starch Market size was valued USD at 53.5 million in 2022 and is poised to grow at a significant CAGR of 5.2% over 2023-2029. Industrial starch is used by the industries for adhesive purpose and also has a wide range of applications. Generally, starch is obtained from various sources like cassava, potato, wheat etc. Starch has several uses not only in the food industry but also in non-food industries also such as paper, textile, mining, building materials due to its adhesive property. Industrial starch market players are majorly adopting the growth strategies such as expansions, investments, product launches, mergers and acquisitions etc. in order to gain the larger market share. Companies which are associated with the industrial corn starch market are focusing on cost-effective solutions that are aimed towards the various applications in frozen food and dairy products. Market players in Cassava starch are riding their expansion on new product developments. The advanced technologies in starch modification helped the market players to attain the significant position in the industrial starch market. For example, in March 2016, Avebe entered into the last stage of potato harvesting campaign after which they can be able to harvest superior quality foodstuffs for the development of starch from potato and extend their production. Companies are concentrating on focusing on R&D improve capabilities of modified starch and production of high-quality starch products. Roquette Group has extracted modified starches from waxy maize, maize, wheat, pea and potato for the use in confectionery and bakery industries. Roquette Group has also acquired 3 Indian companies of starch production and formed a joint venture business to broaden its presence in Asia-Pacific market for the industrial starch.
Industrial Starch Market Key Developments:
In May 2017, Tate & Lyle, P.L.C. London based company introduced seventeen non-bioengineered starches which offer same functionality as their conventional counterparts. In 2017 April, Ingredion introduced new texturizer Precisa Crisp 31 and Precisa Crisp 320 (native corn starch) and Precisa Crisp 130 and Precisa Crisp 151(Modified tapioca starch) for baked chips.
Global Industrial Starch Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.2%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Industrial Starch Market Dynamics
In the recent years industry, the starch market has experienced a rapid growth and it is anticipated to continue the trend. Rapid growth in food processing industry, rising demand for the convenience foods, growing demand for the adhesives in various industries and the wide range of benefits related to starch are the few factors which are boosting the growth of the industrial starch market globally. However, the Industrial Starch Market is facing few challenges as well. Some of the major restraints are high initial investments of R&D, availability of alternatives like resin glues and development of Arabic gum market.
Asia-Pacific Got Significant Share
Industrial Starch Market Regional Analysis
Geographically Industrial Starch Market is segmented as Latin America, Europe, Asia- Pacific, North America, and The Middle East & Africa. Asia-Pacific region is driven by growing starch consumption, its derivatives, and sweeteners in China and India. China holds nearly half of the starch consumption in APAC region. Countries like Thailand, China, and India are in better position in the production of starch at competitive prices than the developed nations such as North America and Europe owing to a liberal regulatory framework and low cost of production and raw materials. North America and Europe hold significant market share in the industrial starch market owing to the growing industrial packaging and end-use industries.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Industrial Starch Market Segmentation
By Application
By Type
- Starch derivatives & sweeteners
- Native Starch
- Modified starch
By Source
- Wheat
- Potato
- Corn
- Cassava
- Others
By Form
- Liquid
- Powder
- Gel
By Function
- Thickening agent
- Stabilizing agent
- Binding agent
- Film-forming agents
- Texturizing
- Gelling agent
- Others
Frequently Asked Questions
The industrial starch market size was valued at USD 53.5 million in 2022
The industrial starch market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
North America is the fastest-growing for industrial starch market
| 1.Executive Summary |
| 2.Global Industrial Starch Market Introduction |
| 2.1.Global Industrial Starch Market - Taxonomy |
| 2.2.Global Industrial Starch Market - Definitions |
| 2.2.1.Application |
| 2.2.2.Type |
| 2.2.3.Source |
| 2.2.4.Form |
| 2.2.5.Region |
| 3.Global Industrial Starch Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Industrial Starch Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Industrial Starch Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Food & beverage |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Textile industry |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Feed |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Paper |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Industrial Starch Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Starch derivatives & sweeteners |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Native Starch |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Modified starch |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Industrial Starch Market By Source, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Wheat |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Potato |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Corn |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Cassava |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Industrial Starch Market By Form, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Liquid |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Powder |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Gel |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Industrial Starch Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Food & beverage |
| 10.1.2.Textile industry |
| 10.1.3.Feed |
| 10.1.4.Paper |
| 10.1.5.Others |
| 10.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Starch derivatives & sweeteners |
| 10.2.2.Native Starch |
| 10.2.3.Modified starch |
| 10.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Wheat |
| 10.3.2.Potato |
| 10.3.3.Corn |
| 10.3.4.Cassava |
| 10.3.5.Others |
| 10.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Liquid |
| 10.4.2.Powder |
| 10.4.3.Gel |
| 10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Food & beverage |
| 11.1.2.Textile industry |
| 11.1.3.Feed |
| 11.1.4.Paper |
| 11.1.5.Others |
| 11.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Starch derivatives & sweeteners |
| 11.2.2.Native Starch |
| 11.2.3.Modified starch |
| 11.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Wheat |
| 11.3.2.Potato |
| 11.3.3.Corn |
| 11.3.4.Cassava |
| 11.3.5.Others |
| 11.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Liquid |
| 11.4.2.Powder |
| 11.4.3.Gel |
| 11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Food & beverage |
| 12.1.2.Textile industry |
| 12.1.3.Feed |
| 12.1.4.Paper |
| 12.1.5.Others |
| 12.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Starch derivatives & sweeteners |
| 12.2.2.Native Starch |
| 12.2.3.Modified starch |
| 12.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Wheat |
| 12.3.2.Potato |
| 12.3.3.Corn |
| 12.3.4.Cassava |
| 12.3.5.Others |
| 12.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Liquid |
| 12.4.2.Powder |
| 12.4.3.Gel |
| 12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Food & beverage |
| 13.1.2.Textile industry |
| 13.1.3.Feed |
| 13.1.4.Paper |
| 13.1.5.Others |
| 13.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Starch derivatives & sweeteners |
| 13.2.2.Native Starch |
| 13.2.3.Modified starch |
| 13.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Wheat |
| 13.3.2.Potato |
| 13.3.3.Corn |
| 13.3.4.Cassava |
| 13.3.5.Others |
| 13.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Liquid |
| 13.4.2.Powder |
| 13.4.3.Gel |
| 13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 14.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Food & beverage |
| 14.1.2.Textile industry |
| 14.1.3.Feed |
| 14.1.4.Paper |
| 14.1.5.Others |
| 14.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Starch derivatives & sweeteners |
| 14.2.2.Native Starch |
|