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Industrial Starch Market Size, Share, Industry Trends and Forecast to 2033

This report provides an in-depth analysis of the Industrial Starch market, covering market size, growth forecasts, industry insights, and key trends from 2023 to 2033. It will offer valuable data and insights for stakeholders in the starch industry.

Metric Value
Study Period 2023 - 2033
2023 Market Size $100.00 Million
CAGR (2023-2033) 5%
2033 Market Size $164.58 Million
Top Companies Cargill, Inc., Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, AVEBE
Last Modified Date 15 Nov 2024

Industrial Starch Market Report (2023 - 2033)

Industrial Starch Market Overview

The Industrial Starch industry is characterized by a diverse range of products that cater to multiple application sectors. With sustained innovation in starch processing techniques and health-conscious trends shaping consumer preferences, manufacturers are increasingly investing in R&D. This sector exhibits resilience and adaptability, crucial for capitalizing on emerging opportunities, including biodegradable plastics and sustainable practices.

What is the Market Size & CAGR of Industrial Starch market in 2023?

The Industrial Starch market is projected to be valued at approximately $210 billion in 2023, with an expected CAGR of 5.1% from 2023 to 2033. Factors contributing to this growth include increased consumer demand for processed foods, technological advancements in starch modification, and the expansion of end-user industries such as textiles and pharmaceuticals.

Industrial Starch Industry Analysis

The Industrial Starch industry is characterized by a diverse range of products that cater to multiple application sectors. With sustained innovation in starch processing techniques and health-conscious trends shaping consumer preferences, manufacturers are increasingly investing in R&D. This sector exhibits resilience and adaptability, crucial for capitalizing on emerging opportunities, including biodegradable plastics and sustainable practices.

Industrial Starch Market Segmentation and Scope

The Industrial Starch market is segmented by type, application, and end-user. Key segments include native starch, modified starch, and coated starch, each serving distinct purposes. The market scope encompasses utilization across sectors like food, pharmaceuticals, and textiles, ensuring a comprehensive understanding of industry dynamics and growth avenues.

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Industrial Starch Market Analysis Report by Region

Europe Industrial Starch Market Report:

The European Industrial Starch market is forecasted to grow from $34.12 billion in 2023 to $56.15 billion by 2033, supported by stringent regulations promoting renewable resources and increased consumer focus on bio-based products.

Asia Pacific Industrial Starch Market Report:

In the Asia Pacific region, the Industrial Starch market is projected to grow from $17.84 billion in 2023 to $29.36 billion by 2033. This growth is driven by the rise in food processing industries and increased consumption of packaged foods.

North America Industrial Starch Market Report:

In North America, the market is expected to expand from $35.35 billion in 2023 to $58.18 billion by 2033. This growth is mainly attributed to technological advancements and the growing application of starch in biofuels and pharmaceuticals.

South America Industrial Starch Market Report:

The South American market, valued at $4.58 billion in 2023, is anticipated to reach $7.54 billion by 2033. Key drivers include rising demand in the food and beverage sector and improvements in agricultural output.

Middle East & Africa Industrial Starch Market Report:

The Middle East and Africa market is projected to rise from $8.11 billion in 2023 to $13.35 billion by 2033, driven by fostered agricultural practices and an increase in food processing activities.

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Industrial Starch Market Analysis By Type

Global Industrial Starch Market, By Type Market Analysis (2023 - 2033)

The Industrial Starch market is segmented into native starch, modified starch, and coated starch. Native starch remains dominant, with a market size of $63.35 billion in 2023, projected to reach $104.26 billion by 2033, maintaining a steady market share. Modified starch, valued at $23.27 billion in 2023, is set to grow to $38.30 billion by 2033, reflecting its increased applications in food and industrial processes. Coated starch is also witnessing growth, moving from $13.38 billion in 2023 to $22.02 billion by 2033.

Industrial Starch Market Analysis By Application

Global Industrial Starch Market, By Application Market Analysis (2023 - 2033)

The market is segmented into diverse applications such as food, pharmaceuticals, adhesives, and biofuels. The food industry dominates with a valuation of $55.41 billion in 2023, expected to rise to $91.19 billion, due to growing consumer awareness of health and nutrition. The adhesive industry and pharmaceuticals each show potential for growth, moving from $23.22 billion to $38.21 billion and $11.03 billion to $18.15 billion respectively.

Industrial Starch Market Analysis By End User

Global Industrial Starch Market, By End-User Industry Market Analysis (2023 - 2033)

End-users in the Industrial Starch market include food and beverage, pharmaceutical, textile, and biofuel industries. The food and beverage sector leads with $55.41 billion in 2023, expected to grow to $91.19 billion. The pharmaceutical sector, valued at $23.22 billion, is predicted to reach $38.21 billion, reflecting rising demands for excipients and fillers in drug formulations.

Industrial Starch Market Analysis By Form

Global Industrial Starch Market, By Form Market Analysis (2023 - 2033)

Industrial starch is available in various forms, including powder, granules, and liquid. Powder starch dominates the market with a size of $63.35 billion in 2023, expected to reach $104.26 billion by 2033. Granules follow with $23.27 billion to $38.30 billion, while liquid starch accounts for $13.38 billion, anticipated to grow to $22.02 billion by 2033.

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Global Market Leaders and Top Companies in Industrial Starch Industry

Cargill, Inc.:

Cargill is a leading global provider of food, agricultural, financial, and industrial products, including starches, ingredients, and co-products.

Ingredion Incorporated:

Ingredion is a global ingredient solutions provider, transforming grains, fruits, vegetables, and other plant materials into sweeteners, starches, and nutrition products for various industries.

Tate & Lyle PLC:

Tate & Lyle is a global provider of food and beverage ingredients and solutions, known for starches that help improve product quality and performance.

Roquette Frères:

Roquette specializes in plant-based ingredients for food, nutrition, and health markets, offering a wide range of starches catering to diverse applications.

AVEBE:

AVEBE is a cooperative specializing in potato starch and starch derivatives for food and non-food applications, recognized for high-quality standards.

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Datasite
Agilent
Asten Johnson
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Carl Zeiss
Dywidag
Illumina
LEK Consulting
Shell

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