In 2022, the global Food Starch Market reached a value of USD 93.63 billion. It is projected to attain a worth of USD 103.74 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period.

The primary driver behind the revenue growth in the market is the escalating demand for industrial starch in various industries such as food and beverage, paper, textiles, and pharmaceuticals. Additionally, the market is propelled by the growing consumer preference for affordable and eco-friendly products. As a result of its proven environmental advantages over conventional petroleum-based alternatives, industrial starch has experienced a significant surge in demand.

The increasing desire for processed food items stands as a primary catalyst behind the growth of the Food Starch Market. Given its frequent role as a thickening, stabilizing, and binding component in a wide array of culinary products, including soups, sauces, dressings, and confectioneries, the food and beverage industry emerges as a key end-user in this context. As the food and beverage sector continues to expand, it is anticipated that the demand for industrial starch will also surge, thereby bolstering market revenues.

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Top Companies:

·       Cargill, Inc.

·       Ingredion Incorporated

·       Tate & Lyle PLC

·       Roquette Freres

·       Archer Daniels Midland Company

·       Grain Processing Corporation

·       Agrana Beteiligungs AG

·       Emsland Group

·       Riddhi Siddhi Gluco Biols Ltd.

·       Universal Starch Chem Allied Ltd.

·       Qinhuangdao Lihua Starch Company Limited

Driving Factors of Food Starch Market

·       Paper and Packaging Industry: The paper and packaging industry is another major driving factor for the Food Starch Market. Starch is used as a binder in paper production, providing strength, stiffness, and improved printability. Additionally, starch-based adhesives are widely used in the production of corrugated boards, cartons, and paper bags, further boosting the demand for industrial starch.

·       Textile Industry: The textile industry is a significant consumer of industrial starch, primarily for sizing applications. Starch is used to provide stiffness and improve the weaving process in the textile manufacturing process. With the growth of the textile industry, especially in emerging economies, the demand for industrial starch has been increasing.

·       Paper Recycling: The emphasis on recycling and sustainable practices in the paper industry has led to the increased use of industrial starch. Starch-based coatings and treatments are used in paper recycling processes to improve ink removal and increase paper strength. The growing focus on environmental sustainability and waste reduction supports the demand for industrial starch in paper recycling applications.

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This report analyzes the Food Starch Market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Food Starch Market is provided to gain a deeper understanding of its growth and progress.

The global Food Starch Market is segmented into:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·       Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Product Type Outlook:

• Native Starch
• Modified Starch
• Sweeteners

Source Outlook:

• Corn
• Wheat
• Cassava
• Potato

Application Outlook:

• Food & Beverages
• Papermaking
• Textile
• Pharmaceuticals
• Others

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