Native Starches Market Analysis Report 2019 with Prominent Key Players are Cargill, Archer Daniels Midland, Ingredion Incorporated, Tate & Lyle, Agrana and many More

Global native starches market is expected to grow at the CAGR of 4%. Increasing application of native starches in personal care industries, pharmaceuticals, food and beverages along with increasing demand for natural food additive especially as thickeners is responsible for the growth of the native starches market. Growing demand for convenience food due to rise in the number of fast-food chains has boosted sales of native starches.

Native starch is often used in powder form and is extensively used in the confectionery industries as molding powder which is used in manufacturing of jellies, sugar candies, and gums, it is also used in the preparation of pasta, noodles and in the formulation of instant foods and fried foods. Urbanization and diverse application of native starches are major factors supporting the growth of this market.

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Food and beverage industry use the native starches largely, as the demand for natural & organic food additives has increased. Environmental pollution caused by synthetic polymers are causing various environmental hazards, this factor has helped to stimulate the growth of biodegradable polymers. Polymers made from renewable resources have attracted an increasing amount of attention from key player over the last two decades. Leading native starches manufacturers are heavily investing in the R&D to find new application of starches in various food and non-food processes to expand their product portfolio.

Numerous native applications are associated with native starches are expected to increase demand in pharmaceutical and paper-making industry. It has versatile application in various industries such as it is used in production of numerous bio-plastics, ethanol and biogas which are eco-friendly, as the demand for eco-friendly products has been increasing the native starch market will continue to grow at a higher rate. It also used as a food additive for in various food processing as thickeners and stabilizers in custards & puddings, sauces & soups, gravies & curries, dressings, and pastas & noodles, and especially used in gummed sweets such as jelly beans and wine gums.

Prominent Key Players

The leading market players in the global native starches market primarily are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France).

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Segmentation Analysis

Native Starches market segmented by source (corn, wheat, cassava, potato, and others), form (powder, gel, and others) application {Food & Beverages (Confectionery, Processed food, Beverages, others), Non-Food (Corrugating & Paper making, Pharmaceutical, textiles, Personal Care, and others)} and Region - Forecast till 2022

Regional Analysis

The global native starches market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Among this North America has the major market share followed by Asia-Pacific. Europe region is projected to grow at the fastest CAGR of 3.63% during the forecast period.

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