Global Thinned Starches Market Size Revenue set to increase about $10.5 billion by 2030

The global thinned starches industry size was nearly $6.8 Billion in 2021 and is set to increase to about $10.5 Billion by 2030 with a CAGR of nearly 5.6% between 2022 and 2030.

Thinned starch is acid-modified starch that is prepared through a partial depolymerization process. Furthermore, thinned starch is also known as fluidity starch due to its low heat viscosity. It can also dissolve in cold water and possess high binding power and adhesion property. The product also finds lucrative applications in coating ingredients that are used in paperboard and paper production.

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Expansion of the global thinned starches market over the forecast timeframe can be due to the rise in the use of thinned starch in food & beverages owing to its beneficial features. Apart from this, thinned starches are extracted from natural sources and are a clean-label item. This has further elevated the demand for thinned starches. In addition, rising urbanization, changing customer eating habits, and demand for convenience diet have shaped the expansion of thinned starches market globally. The rise in health awareness among the global population has enhanced the use of thinned starches in the diet of individuals.

However, the acid-treated thinned starches can result in the formation of off-note in flavored & delicious diet, thereby putting brakes on the global thinned starches industry. Nevertheless, the addition of modified thinned starch for obtaining the desired flavor of the diet will open new vistas of growth for the global market.

The global thinned starches market is divided into form, source, application, end-use, and region.

On the basis of source, the global thinned starches industry is sectored into wheat, sorghum, potato, corn, and cassava segments. Furthermore, the sorghum segment is expected to lead the source over the anticipated period. The growth of this segment from 2022 to 2030 can be attributed to sorghum being a semiarid crop and a good source of starch. Apart from this, it requires less water for cultivation and its processing is inexpensive.

This review is based on a report by Zion Market Research, titled "Thinned Starches Market By Form (Dry and Liquid), By Source (Wheat, Potato, Corn, Cassava, and Sorghum), By Application (Texturizers, Viscosifiers, Binders, Emulsifiers, Stabilizers, and Film-Formers), By End-Use (Food & Beverages, Snacks, Bakery, Confectionery, Dairy, Soups, Sauces, & Gravies, Batteries & Coatings, Textiles, Meat & Fish, Infant Milk Formula, Paper, Pharmaceuticals, Cosmetics, and Animal & Fish Feed), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/thinned-starches-market

Based on the end-use, the global thinned starches market is segmented into food & beverages, textiles, snacks, bakery, cosmetics, confectionery, dairy, pharmaceuticals, soups, sauces, & gravies, batteries & coatings, infant milk formula, meat & fish, paper, and animal & fish feed. Moreover, the food & beverages segment is projected to lead the end-use segment within a couple of years. The expansion of the segment over the forecast timeline can be credited to the humungous demand for thinned starches across the food & beverages sector as a result of its favorable & beneficial characteristics.

In terms of application, the global market is divided into food & beverages, paper, infant milk formula, snacks, cosmetics, bakery, confectionery, dairy, soups, sauces, & gravies, batteries & coatings, pharmaceuticals, textiles, meat & fish, and animal & fish feed. Moreover, the food & beverages segment, which accounted for the highest market share in 2021, is set to dominate the segmental surge in the next couple of years. The segmental expansion from 2022 to 2030 can be attributed to the use of thinned starch in the food & beverages segment.

The Asia-Pacific region is projected to dominate the global thinned starches industry over the forecast timeline due to the large-scale presence of mammoth manufacturers in the region. Apart from this, India is the world's largest producer and exporter of sorghum.

Recent Developments:

In the first quarter of 2021, Ingredion Incorporated, a food company based in the U.S., declared a new modified potato starch known as ULTRA-TEX 1311 modified potato starch. The focus of the company is to increase its potato-based food product line in North American countries such as the U.S. and Canada. The strategic move will also promote the growth of thinned starches industry in North America and across the globe.
In the last quarter of 2019, Nouryon, a major specialty chemicals company, introduced a certified natural starch for personal care activities. Moreover, the product is expected to be the best alternative for petrochemical-based products that can be used in the personal care industry globally. The strategic initiative will help in creating a strong foundation for the growth of the thinned starches industry across the globe.

Key players profiled in the global thinned starches industry include:

Everest Starch India Pvt. Ltd.
Tate & Lyle
MGP Ingredients
Roquette Freres
Archer Daniel Midlands Company
Agrana Starke GmbH
Grain Processing Corporation
SPAC Starch Products Ltd.
Visco Starch Manufacturers
Angel Starch & Food Pvt. Ltd.
Cargill Inc.

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The global thinned starches market is segmented as follows:

By Form
Dry
Liquid

By Source

Wheat
Potato
Corn
Cassava
Sorghum

By Application

Texturizers
Viscosifiers
Binders
Emulsifiers
Stabilizers
Film-Formers

By End-Use

Food & Beverages
Snacks
Bakery
Confectionery
Dairy
Soups, Sauces, & Gravies
Batteries & Coatings
Textiles
Meat & Fish
Infant Milk Formula
Paper
Pharmaceuticals
Cosmetics
Animal & Fish Feed

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By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

FREQUENTLY ASKED QUESTIONS

Which key factors will influence global Thinned Starches market growth over 2022-2030?
What will be the value of the global thinned starches market during 2022-2030?
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