openPR Logo
Press release

Global Starch Market Set to Surpass USD 2.7 Billion by 2030 - Latest report by TMR

12-28-2023 03:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research Pvt Ltd

/ PR Agency: Transparency Market Research Pvt Ltd
Global Starch Market

Global Starch Market

The global starch market is expected to reach a hefty USD 2.7 billion by 2030, growing at a CAGR of 4.7% from 2023 to 2030. The global starch market, a cornerstone of the food and industrial sectors, is experiencing substantial growth driven by its versatile applications, technological innovations, and increasing demand for sustainable and plant-based ingredients.

This research report provides a thorough analysis of the market, exploring key trends, applications, challenges, and future prospects within the starch industry. The starch market encompasses a wide range of starch sources, including corn, wheat, tapioca, and potato starch. Its applications span the food and beverage industry, pharmaceuticals, textiles, and industrial processes where it serves as a thickening, stabilizing, and gelling agent.

Don't miss out on the latest market intelligence. Get your sample today@https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1348

Key Players:

• Cargill
• Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tate & Lyle PLC
• Roquette Frères S. A.
• AGRANA Beteiligungs-AG
• Grain Processing Corporation
• Beneo GmbH
• MGP Ingredients, Inc.
• Thai Flour Industry Limited and more

Key Market Drivers:

• Food and Beverage Industry Demand: The increasing demand for convenience foods, processed foods, and plant-based alternatives drives the consumption of starch in the food and beverage sector.
• Industrial Applications: Starch is widely used in industrial applications, such as the production of biofuels, paper, textiles, and adhesives, contributing to its market growth.
• Focus on Clean Label and Sustainability: Consumer preferences for clean label ingredients and sustainable sourcing propel the demand for natural and plant-based starch products.

Market Challenges:

• Fluctuating Raw Material Prices: The starch market is influenced by the fluctuating prices of raw materials, such as corn and wheat, impacting production costs and market dynamics.
• Competition from Substitute Ingredients: The availability of alternative ingredients and substitutes, such as modified starches and hydrocolloids, presents challenges for traditional starch producers.

Technological Trends:

• Biotechnology and Genetic Modification: Ongoing research focuses on biotechnological advancements and genetic modifications to enhance the properties and functionality of starch for various applications.
• Clean Label Starches: The development of clean label starches, free from additives and chemical modifications, aligns with consumer preferences for natural and minimally processed ingredients.

If You want to Purchase Specific Insights By Segment/Region/Competitor, Request For Customization@https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1348

Market Segmentation:

• Starch Types: The market includes various starch types such as native starch, modified starch, and sweeteners like corn syrup and maltodextrin, each tailored for specific applications.
• End-Use Industries: Starch finds applications in the food and beverage industry, pharmaceuticals, textiles, paper and packaging, and biofuel production.

Regional Market Dynamics:

• Asia-Pacific: A dominant region in the starch market, driven by the production of staple crops like rice and cassava, as well as the growing demand for processed foods.
• North America: The region experiences steady growth, with the corn industry playing a significant role in starch production for both food and industrial applications.
• Europe: Stringent regulations and a focus on sustainability influence the European starch market, with a rising demand for plant-based ingredients.

Growth Catalysts: Fueling Market Expansion

Several factors are propelling the starch market towards continued growth:
• Rising disposable income: Increasing purchasing power in developing economies fuels the demand for processed food and packaged goods, leading to higher starch consumption.
• Urbanization and busy lifestyles: Convenience food trends drive the demand for instant noodles, soups, and frozen meals, all reliant on starch for texture and thickening.
• Focus on renewable resources: Starch, a naturally derived and biodegradable material, aligns with the growing emphasis on sustainability, fostering its adoption in various industries.
• Technological advancements: Innovations in starch modification techniques are creating new functionalities and expanding application possibilities.

To buy this comprehensive market research report, click here to inquire@https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1348

Why Invest in This Nutritious and Versatile Market Report?

• Gain market insights: Get a comprehensive analysis of market size, growth drivers, restraints, regional variations, and emerging trends. Make informed decisions with expert forecasts and competitor analysis.
• Navigate the competitive landscape: Understand the strengths, weaknesses, and strategies of key players. Identify potential disruptors and M&A targets.
• Invest with confidence: Leverage data-driven recommendations and expert analysis of promising segments, companies, and emerging trends to optimize your portfolio.
• Stay ahead of the curve: Gain valuable knowledge and insights from industry professionals to adapt to evolving regulations, technological advancements, and consumer preferences.

More Trending Research Reports-

Castor Oil and Derivatives Market Value to Reach US$ 1.9 Bn by 2031- https://www.globenewswire.com/en/news-release/2023/02/14/2607311/0/en/Castor-Oil-and-Derivatives-Market-Value-to-Reach-US-1-9-Bn-by-2031-Transparency-Market-Research-Inc.html

Canned Tuna Market Set to Reach USD 13.8 billion by 2031 - https://www.globenewswire.com/en/news-release/2023/12/19/2798403/32656/en/Canned-Tuna-Market-Set-to-Surge-at-4-9-CAGR-to-Reach-USD-13-8-billion-by-2031-Transparency-Market-Research-Inc.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Starch Market Set to Surpass USD 2.7 Billion by 2030 - Latest report by TMR here

News-ID: 3339994 • Views:

More Releases from Transparency Market Research Pvt Ltd

Resistance Spot Welding Machines Market Expected to Expand at 5.9% CAGR, Reaching USD 6.2 Billion by 2034 - TMR Report
Resistance Spot Welding Machines Market Expected to Expand at 5.9% CAGR, Reachin …
Resistance Spot Welding Machines Market Outlook 2034 The global resistance spot welding machines market was valued at US$ 3.4 Billion in 2023 and is expected to reach US$ 6.2 Billion by 2034, growing at a CAGR of 5.9% from 2024 to 2034. Rising demand from the automotive and manufacturing industries, where high-speed and reliable welding processes are essential, is fueling market growth. Technological advancements and increasing automation in production lines are
Electrolyzer Market Size Forecast to USD 5.6 Billion by 2034 with a Focus on Green Hydrogen Production - TMR Analysis
Electrolyzer Market Size Forecast to USD 5.6 Billion by 2034 with a Focus on Gre …
Electrolyzer Market Outlook 2034 The global electrolyzer market was valued at US$ 509.9 Million in 2023 and is projected to reach US$ 5.6 Billion by 2034, growing at a remarkable CAGR of 24.5% from 2024 to 2034. Surging demand for green hydrogen as a clean energy source is a major driver of market growth. Supportive government policies, advancements in electrolyzer technologies, and the global push toward decarbonization are further accelerating the
Global Demand for Functional and Fashionable Sportswear to Push Golf Apparel & Shoes Market to USD 16.7 Billion by 2034 - TMR Analysis
Global Demand for Functional and Fashionable Sportswear to Push Golf Apparel & S …
Golf Apparel and Shoes Market Outlook 2034 The global golf apparel & shoes market was valued at US$ 10.0 Billion in 2023 and is expected to reach US$ 16.7 Billion by 2034, growing at a CAGR of 4.9% from 2024 to 2034. Market growth is driven by the rising popularity of golf as both a recreational and professional sport, along with increasing participation rates globally. Innovation in performance-enhancing fabrics and footwear
Rising Demand for Eco-friendly Menstrual Solutions to Propel Organic Period Care Products Market to USD 5.2 Billion by 2034 - TMR Outlook
Rising Demand for Eco-friendly Menstrual Solutions to Propel Organic Period Care …
Organic Period Care Products Market Outlook 2034 The global organic period care products market was valued at US$ 2.6 Bn in 2023 and is projected to reach US$ 5.2 Bn by 2034, expanding at a CAGR of 6.6% from 2024 to 2034. Growth is fueled by rising consumer awareness about menstrual health, environmental sustainability, and the harmful effects of synthetic materials. Increasing preference for chemical-free, biodegradable, and skin-friendly products is driving

All 5 Releases


More Releases for Starch

Global Starch and Starch Derivative Market Analysis (2020-2025)
Global Info Research offers a latest published report on Starch and Starch Derivative Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Starch and Starch Derivative Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report
Modified Starch Market 2019 Analysis By Starch Solution, Cargill, Budi Starch & …
“Modified Starch Market” report provides detailed historical analysis of global market for Modified Starch from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Modified Starch market. In addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in
Global Rice Starch Market 2019 - BENEO, Ingredion, Bangkok starch
This new report by Eon Market Research, titled “Global Rice Starch Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Rice Starch industry at a global as well as regional and country level. Key facts analyzed in this report include the Rice Starch market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study
Corn Starch Market 2018 Global Analysis By Key Players – Cargill, Ingredion, A …
Summary WiseGuyReports.com adds “Corn Starch Market 2018 Global and China Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Corn Starch Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Corn Starch Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling,
Modified Starch Market Is Booming Worldwide | Key Players: Starch Solution, Carg …
HTF MI recently introduced Global Modified Starch Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Starch Solution, Cargill, Budi Starch & Sweetener, Akzo Nobel, Ingredion &
Global Modified Wheat Starch Market 2017 - Penford Corp. Industrial Starch, Univ …
The Modified Wheat Starch Market 2017 examines the performance of the Modified Wheat Starch market, enclosing an in-depth judgment of the Modified Wheat Starch market state and the competitive landscape globally. This report analyzes the potential of Modified Wheat Starch market in the present as well as the future prospects from various angles in detail. The Global Modified Wheat Starch Market 2017 report includes Modified Wheat Starch industry volume, market Share,