Food Starch Market Is Booming Worldwide With Leading Key Players, 2019-2026

Diversification of raw materials, demand for convenience foods, and expansion of F&B industry drive the global food starch market.

Food Starch Market by Raw Material (Maize, Wheat, and Others) Type (Modified Starch, Native Starch, and Sweeteners), and End User (Business to Business and Business to Consumer): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global food starch market garnered $18.9 billion in 2018, and is estimated to reach $29.1 billion by 2026, growing at a CAGR of 5.8% from 2019 to 2026.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6395

Drivers, restraints, and opportunities

Diversification of raw materials, demand for convenience foods, and expansion of F&B industry drive the global food starch market. However, availability of huge number of substitutes and surge in consumer awareness regarding side effects of starch rich diets hinder the market growth. On the other hand, expansion of resistant starch and growing popularity of clean label starch create new opportunities in coming years.

The maize segment to continue its lead in terms of revenue throughout the forecast period.

Based on raw material, the maize segment accounted for the highest market share in 2018, contributing to more than two-thirds of the global food starch market, and is estimated to continue its lead in terms of revenue throughout the forecast period. This is attributed to extensive use in packaged food & food processing industry and economical benefits in comparison to other modifier agents. However, the wheat segment is expected to grow at the CAGR of 6.1% from 2019 to 2026.

Get detailed COVID-19 impact analysis on the Food Starch Market @ https://www.alliedmarketresearch.com/request-for-customization/6395?reqfor=covid

The sweeteners segment to maintain its dominant position by 2026

Based on type, the sweeteners segment contributed to the largest market share in 2018, accounting for more than half of the global food starch market, and is expected to maintain its dominant position by 2026. This is due to ability to maintain color, add texture, improve flavor, and maintain stability in different foods and beverages products. However, the modified starch segment is estimated to witness the fastest CAGR of 6.9% during the forecast period, owing to improvement in gloss and appearance of food products and reduction in overall production cost.

Asia-Pacific to provide lucrative opportunities, North America to follow

Based on region, Asia-Pacific held the highest market share, accounting for nearly two-fifths of the total market share of the global food starch market in 2018, and is expected to maintain its lead position throughout the forecast period. Moreover, this region is expected to grow at a CAGR of 7.0% from 2019 to 2026. This is due to the expansion strategies adopted by various food & beverages companies in the region, cooperation from the regional governments, and rapid industrialization. North America held the second-highest share in terms of revenue with more than one-fourth of the total share in 2018, and will maintain its position by 2026.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6395

Leading market players

ADM
Cargill
Ingredion
Tate and Lyle
BENEO
Roquette Frères
AGRANA Beteiligungs-AG
SPAC Starch Products (India) Limited
Sonish Starch Technology Co., Ltd.
Nutrend Biotech Co., Ltd.

Access Full Summary at: https://www.alliedmarketresearch.com/food-starch-market-A06030

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.