Starch Market Developments, Key Players, Statistics and Outlook 2030

Starch Market size was valued at US$ 59.31 Bn. in 2022 and the total revenue is expected to grow at 5.63% through 2023 to 2029, reaching nearly US$ 87.03 Bn.

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Segmentation: The Art of Unveiling

by Type

Native
Modified
According to type, the worldwide starch market is dominated by modified starch, which is projected to increase by 18.1 billion by 2029. The market's demand for modified starch has surged as a result of the substance's expanding use in industrial and food applications worldwide as well as in beverages. Because to genetic modification, modified starch has become more stable under extreme heat, acid, shear, and cooling times. Organic sources such as corn, wheat, potatoes, and rice are the source of native starch, which is often utilised to create feedstock.

by Source

Corn
Wheat
Potatoes
Tapioca
Others

According to Source: The worldwide starch market category is dominated by maize, with a projected market size of US$ 18.81 billion in 2022 and 34.15 billion by 2029. Corn starch finds extensive usage in a range of applications, including feedstock, industrial use, and food and beverage production. Oral medications and cosmetics also contain maize starch. A common ingredient in soups and desserts, maize starch is also used to manufacture starch powder, which gives meals a crispy, delicious texture. Starch derived from potatoes and wheat is used as a glazing agent, for binding, and to retain moisture. The worldwide starch market is expected to be dominated by maize starch.

by Application

Food and Beverage
Animal Feed
Pharmaceuticals
Paper Industry
Others

With over 60% of the market share, food and beverage applications dominate the worldwide starch industry. Starch is widely used in the food and beverage sector for a number of purposes, including feedstock, bakery goods, soups and snacks, chips, and food items as preservatives. Soups and baked goods can also be thickened with starch. It is the market leader in the application area because to its extensive use in the food and beverage sector. Starch is widely used in the pharmaceutical business as a diluent and as a capsule and tablet disintegrant. Both animal feed and the paper industry make substantial use of starch. In the upcoming years, the food and beverage sector is probably going to dominate the worldwide starch market.

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Key Players: Masters of the Market Arena

1. Archer Daniels Midland Company (ADM)
2. Cargill
3. Ingredients
4. Tate & Lyle
5. Roquette Frères
6. Avebe U.A
7. Grain Processing Corporation
8. Emsland
9. AGRANA
10.SMS Corporation

Regional Revelations

Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.

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