Press release
Industrial Starch Market Business Opportunities, Future Industry Trends, Strategies, Revenue, Challenges, Top Players and Forecast
The most reliable source for CAGR numbers with fluctuations for the market throughout the 2023-2030 forecast period is an all-inclusive Industrial Starch Market research. Using a thorough market research, it presents an overview of the industry's types and applications, highlighting important players and business resources. For a clear understanding of facts and figures, the statistical and numerical data are presented in a graphical manner. This market research report examines the main obstacles that could arise in the industry with regard to revenue, sales, exports, and imports. The Industrial Starch Market document offers a comprehensive study of the primary elements impacting the Industrial Starch Market market, along with a list of the top competitors and strategic insights.Explore Further Details about This Research Industrial Starch Market Report https://www.databridgemarketresearch.com/reports/global-industrial-starch-market
Data Bridge Market Research analyses that the global industrial starch market to be growing at a CAGR of 6.4% in the forecast period of 2021-2028 and is expected to reach the USD 148.85 billion by 2028.
Starches are widely obtained from food sources such as wheat, potato, maize, among others, and they are used in a variety of sectors including paper, food, printing, textiles, and many others. Starch is an edible polymer obtained from plants. It is commonly utilized in the culinary and pharmaceutical industries. Corn, rice, potato, tapioca, and wheat are the most common commercial sources of starch. Gluten-free starch refers to the five starches listed above. Corn starch is mass-produced for industrial application on a vast scale.
The industrial starch market's growth is being fuelled by rising demand for starch in non-food applications such as snacks, bakeries, drinks, and functional foods, as well as increased use of starch in biodegradable plastic and food products and additives. Furthermore, the rising pharmaceutical and biotechnology sectors, upsurge in the demand for convenience food and growing demand from the paper and wallboard industries for wheat starch due to its adhesive properties, consistent viscosity, and better performance, are propelling the market forward.
Moreover, improvements in the production process and the development of wastewater treatment technologies will boost the opportunities for the growth of industrial starch market.
However, high cost of research and development activities and the rise of gum arabic market will impede the growth of the industrial starch market. Requirement of consistency in the production of raw materials will challenge the market growth.
This industrial starch market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on industrial starch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Starch Market Scope and Market Size
The industrial starch market is segmented on the basis of type, source, application, form and function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on the basis of type, the industrial starch market is segmented into native starch, starch derivatives and sweeteners, cationic starch, ethylated starch, oxidized starch, acid modified starch and unmodified starch.
Based on source, the industrial starch market is segmented into corn, wheat, cassava, potato, and other sources.
On the basis of application, the industrial starch market is classified into food and beverage, feed and other applications. The food and beverage segment is further sub segmented into confectionery, processed foods, beverages and others. The other segment is further segmented into mining and drilling, construction and building, adhesive, and chemical.
Based on form, the global industrial starch market is segmented into dry form and liquid.
Based on function, the global industrial starch market is segmented into stabilizing, thickening, film forming agents, gelling agent, texturizing, binding, emulsifying, sizing, moisture retention and coating.
Some of the major players operating in the industrial starch market are Cargill, Incorporated, ADM, Ingredion, Tate & Lyle, AGRANA Beteiligungs-AG, Grain Processing Corporation, Roquette Frères, Tereos, Royal Cosun, Anora Industrial, GREENTECH INDUSTRIES (INDIA) PVT LTD., Everest Starch Pvt.Ltd., Bangkok Starch Industrial Co., Ltd., Sahyadri Starch & Industries Pvt. Limited, Nova Transfers Pvt. Ltd, Sanstar Bio - Polymers Ltd., SPAC Starch Products (India) Private Limited, among others.
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