Global Industrial Starch Market Size By Type (Native starch, Modified starch), By Application (Food & beverage, Feed), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 11004 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Industrial Starch Market was valued at USD 112.4 billion in 2023 and is projected to reach USD 176.8 billion by 2031, growing at a CAGR of 5.9% during the forecast period from 2023 to 2031. Industrial starch is widely used across industries including food and beverage, paper, textiles, pharmaceuticals, and construction due to its versatile properties such as binding, thickening, gelling, and stabilizing. The market is expanding due to rising demand for processed and convenience foods, biodegradable packaging, and the increasing application of starch in non-food sectors.
Drivers:
1. Growth of Processed Food Industry:
The demand for processed, ready-to-eat, and
convenience foods is on the rise globally, which directly fuels the need for
starch as a thickener, stabilizer, and texture enhancer.
2. Rising Demand for Biodegradable
Products:
With increasing environmental concerns and
stringent regulations against plastic, industrial starch—especially bio-based
starch—is being increasingly used in biodegradable packaging materials.
3. Expanding Applications in Non-Food
Industries:
Industrial starch is gaining traction in
paper manufacturing, textiles, adhesives, pharmaceuticals, and construction for
its binding and structural properties.
Restraints:
1. Fluctuating Raw Material Prices:
Starch is primarily derived from crops like
corn, wheat, and potatoes. Price volatility in these agricultural commodities
impacts overall production costs and profit margins.
2. Availability of Alternatives:
Synthetic binders and gums serve as
functional substitutes in several industrial applications, which may hinder the
growth of starch-based solutions in some sectors.
Opportunity:
1. Technological Advancements in Starch
Modification:
Developments in enzymatic and chemical
modification techniques are expanding the functionality of industrial starch,
creating new opportunities in niche and high-value applications.
2. Emerging Economies Driving Demand:
Rapid industrialization and urbanization in
countries like India, Brazil, and Indonesia are boosting demand for industrial
starch in sectors like construction, food processing, and packaging.
Market
by System Type Insights:
Based on system type, Modified Starch
dominated the global industrial starch market in 2023. This segment benefits
from increased application versatility across food processing, adhesives,
pharmaceuticals, and industrial textiles. Modified starch enhances functional
attributes like resistance to high temperatures and pH levels, offering
performance advantages over native starch.
However, Native Starch remains significant
in traditional applications, especially in the food and beverage industry, due
to its organic and clean-label appeal.
Market
by End-use Insights:
The Food & Beverage sector emerged as
the largest end-use segment in 2023, accounting for more than 40% of market
share. Starch is extensively used in bakery, confectionery, dairy, and savory
snacks for its texture-modifying and water-binding properties.
Paper Making and Pharmaceuticals are other
notable end-use segments, with paper manufacturing seeing renewed interest due
to eco-friendly packaging trends.
Market
by Regional Insights:
Asia-Pacific held the largest share of the
global industrial starch market in 2023, led by high production and consumption
levels in countries such as China and India. The region benefits from abundant
raw material availability, robust food processing industries, and increasing
demand in paper and textile sectors.
North America and Europe follow closely,
supported by technological advancements in starch modification, established
food and pharma industries, and increasing consumer preference for sustainable
products.
Competitive
Scenario:
Key players in the global industrial starch
market include:
Cargill, Inc.
Archer Daniels Midland Company (ADM)
Ingredion Incorporated
Tate & Lyle PLC
Roquette Frères
AGRANA Beteiligungs-AG
Tereos Group
Grain Processing Corporation
Avebe U.A.
Emsland Group
These companies are focusing on strategic
expansions, mergers and acquisitions, and new product launches, particularly in
modified starch and sustainable packaging solutions.
Scope
of Work – Global Industrial Starch Market
|
Report
Metric |
Details |
|
Market Size (2023) |
USD 112.4 billion |
|
Projected Market Size (2031) |
USD 176.8 billion |
|
CAGR (2023–2031) |
5.9% |
|
Market Segments |
By System Type (Native, Modified), By
End-Use (Food & Beverage, Paper, Pharmaceuticals, etc.) |
|
Growth Drivers |
Growth of processed food industry,
biodegradable packaging demand, rising applications in non-food sectors |
|
Opportunities |
Modified starch innovations, emerging
market expansion, clean-label product demand |
Key
Market Developments:
2023: Cargill announced an investment of
USD 50 million in its modified starch production facility in China to meet
growing demand in food and industrial sectors.
2024: Ingredion launched a new range of
clean-label starches tailored for dairy and savory applications in Europe.
2025: Tate & Lyle PLC partnered with a
biotech firm to develop bio-based starch packaging materials aimed at reducing
plastic waste in consumer goods.
FAQs:
1) What is the current market size of the
Global Industrial Starch Market?
The Global Industrial Starch Market was valued
at USD 112.4 billion in 2023.
2) What is the major growth driver of the
Global Industrial Starch Market?
The major growth driver is the rising
demand for processed food products and biodegradable packaging solutions.
3) Which is the largest region during the
forecast period in the Global Industrial Starch Market?
Asia-Pacific is expected to remain the
largest regional market throughout the forecast period.
4) Which segment accounted for the largest
market share in the Global Industrial Starch Market?
The Food & Beverage segment accounted
for the largest market share in 2023.
5) Who are the key market players in the
Global Industrial Starch Market?
Key players include Cargill, ADM,
Ingredion, Tate & Lyle, Roquette, and AGRANA.
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