Food Starch Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Food Starch market, covering insights on market size, growth trends, competitive landscape, and regional analysis for the forecast period from 2023 to 2033.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $10.50 Billion |
CAGR (2023-2033) | 5.7% |
2033 Market Size | $18.52 Billion |
Top Companies | Cargill, Inc., Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères |
Last Modified Date | 15 Nov 2024 |
Food Starch Market Report (2023 - 2033)
Food Starch Market Overview
What is the Market Size & CAGR of Food Starch market in 2023?
Food Starch Industry Analysis
Food Starch Market Segmentation and Scope
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Food Starch Market Analysis Report by Region
Europe Food Starch Market Report:
In Europe, the Food Starch market is estimated to grow significantly from $3.36 billion in 2023 to $5.93 billion in 2033. This growth can be attributed to strong demand for organic and clean label food products, as well as regulations promoting healthier ingredients in food processing.Asia Pacific Food Starch Market Report:
In the Asia-Pacific region, the Food Starch market is expected to grow from $1.96 billion in 2023 to $3.45 billion in 2033, driven by rising disposable incomes, urbanization, and growing demand for processed foods. Countries like China and India are significant contributors due to their large populations and changing dietary habits.North America Food Starch Market Report:
North America is anticipated to experience notable growth, expanding from $3.63 billion in 2023 to $6.40 billion in 2033. The region benefits from a strong manufacturing base of food products, heightened regulations, and diverse applications of food starch in health-focused food and beverage items.South America Food Starch Market Report:
The South American market, currently valued at $0.47 billion in 2023, is projected to reach $0.83 billion by 2033. The growth is supported by increased food production and export initiatives, along with rising consumer awareness of starch applications in sustainable food alternatives.Middle East & Africa Food Starch Market Report:
The Middle East and Africa market is anticipated to grow from $1.08 billion in 2023 to $1.90 billion in 2033, influenced by the growing food industry and the introduction of various international food brands entering the region.Request a custom research report for industry.
Food Starch Market Analysis By Source
Global Food Starch Market, By Source Market Analysis (2023 - 2033)
The major sources of food starch include native materials like corn, potatoes, and cassava. For 2023, the market size for corn starch is approximately $5.79 billion while potato starch is valued at $2.37 billion. By 2033, corn starch contributes $10.21 billion, indicating its dominant position in the market compared to potato starch's projected $4.18 billion.
Food Starch Market Analysis By Type
Global Food Starch Market, By Type Market Analysis (2023 - 2033)
Native starches dominate the market, with a size of $9.09 billion forecasted for 2023, increasing to $16.03 billion by 2033. Modified starches will grow moderately from $1.41 billion in 2023 to $2.49 billion by the end of the forecast period, reflecting increasing applications requiring specific functionalities.
Food Starch Market Analysis By Application
Global Food Starch Market, By Application Market Analysis (2023 - 2033)
The food and beverage sector leads in consumption, with a market size of $5.79 billion in 2023 expected to rise to $10.21 billion by 2033. This is followed by pharmaceuticals and personal care, with market sizes of $2.37 billion and $1.20 billion, respectively, anticipated to grow correspondingly to $4.18 billion and $2.12 billion.
Food Starch Market Analysis By Form
Global Food Starch Market, By Form Market Analysis (2023 - 2033)
Food starch is commonly available in various forms such as powders, gels, and granules. The powder form leads the market with a size of $6.58 billion in 2023, which will grow to $11.61 billion by 2033, demonstrating the preference for versatile applications in culinary and industrial uses.
Food Starch Market Trends and Future Forecast
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