Press release
Explosive Growth in Industrial Starch Market with Strong CAGR of 8.4% by 2029: Key Factors and Trends Explored
Industrial Starch Market
Influencing the Future of Industrial Starch: Uncovering Market Growth from $98.43b in 2024 to $147.03b in 2029
What Is The Projected Market Size Of The Global Industrial Starch Market And Its Growth Rate?
Industrial Starch Market shows a strong growth pattern:
• Market size has escalated from $98.43 billion in 2024 to $106.64 billion in 2025, with a CAGR of 8.3%
• Factors such as use of starch in food, paper, and textile industries, global population growth and increasing food consumption, demand for convenience foods and processed food products, expansion of the paper and packaging industry, have contributed to this growth
• Projected growth to $147.03 billion in 2029 at a CAGR of 8.4%, driven by factors such as adoption of starch-based biofuels and renewable resources, expansion of starch in non-food industrial applications, demand for clean label and natural ingredients in various industries.
What Is Driving The Growth In The Industrial Starch Market?
The ascendancy of the pharmaceutical sector is deemed to accelerate the industrial starch market. Starches find versatile applications within the pharmaceutical industry as excipients, diluents, disintegrants, glidants, and binders. In 2022, a notable upswing was recorded in domestic exports within the pharmaceutical trade, thereby projecting a favourable growth grapnel for the industrial starch market.
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Who Are the Key Players Driving Industrial Starch Market Growth?
Diverse companies steer the growth within the industrial starch market:
• Cargill Inc.
• Archer Daniels Midland Company
• Grain Processing Corporation
• Tereos S.A.
• Manildra Group
• Everest Starch India Pvt Ltd
• AGRANA Beteiligungs-AG
• Ingredion Inc.
• Kent Nutrition Group Inc.
• Altia PLC, and others.
What Are The Key Trends In The Industrial Starch Market?
Key acceptance trends within the Industrial Starch market include:
• Adoption of clean label and natural starch products
• Utilisation of starch-based adhesives and binders
• Use of resistant starch for functional foods
• Implementation of modified starches for texture and stability
• Development of starch-based biomaterials and polymers.
What Are The Segments Of The Global Industrial Starch Market?
The industrial starch market envelopes various segments:
• By Product: Cationic Starch, Ethylated Starch, Oxidized Starch, Acid Modified Starch, Unmodified Starch
• By Source: Corn, Wheat, Cassava, Potato, Other Sources
• By Application: Food, Feed, Paper Industry, Pharmaceutical Industry, Other Applications.
Which Region Leads The Industrial Starch Market?
North America marked its dominance in the industrial starch market in 2024, with Asia-Pacific anticipated to be the fastest-growing hub in the forecast period.
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What Is Covered In The Industrial Starch Market Global Market Report?
- Market Size Analysis: Analyze the Industrial Starch Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Starch Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Starch Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Starch Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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