Press release
Steady Growth Predicted in Global Thin Boiling Starch Market: Impact of Food Industry Evolution, Consumer Changes, and Emerging Market Movement
Rapid growth awaits the global thin boiling starch market, with forecast figures indicating a shift from $14.32 billion in 2024 to $17.28 billion by 2029, driven by diversifying consumption patterns and increasing consumer health awareness.What Is The Projected Market Size Of The Global Thin Boiling Starch Market And Its Growth Rate?
• The thin boiling starch market size has grown steadily in recent years and is projected to jump from $14.32 billion in 2024 to $14.87 billion in 2025, representing a compound annual growth rate (CAGR) of 3.9%.
• This growth in the historic period is associated with food industry evolution, globalization of food trade, industrialization in emerging economies, and a preference for convenience and functional properties in food.
• Further expansion is expected, with the market projected to reach $17.28 billion in 2029 at a compound annual growth rate (CAGR) of 3.8%.
• This future growth is attributed to an expanding food industry, increasing demand for processed foods, a clean label preference, and alternatives to chemical additives driven by a health-conscious consumer base.
What Is Driving The Growth In The Thin Boiling Starch Market?
The surging demand from the ever-evolving food and beverage industry is set to fuel the future growth of the thin boiling starch market. As a key economic sector that includes agriculture, food manufacturing, food service, retailing, and catering, the food and beverage industry heavily relies on thin boiling starches as vital ingredients for thickening, stabilizing emulsions, and enhancing the texture of varied food products. Reports shared by the Common Thread Collective, a US-based e-commerce growth agency, reveals a positive trajectory for global food and beverage sales, forecasting a shift from $506 billion in 2022 to an impressive $857 billion by 2025. This predicted surge underscores the crucial role the food and beverage industry will play in propelling the thin boiling starch market.
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Who Are the Key Players Driving Thin Boiling Starch Market Growth?
• Cargill Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tereos SCA
• Roquette Frères
• Tate And Lyle plc
• Agrana Group
• Colorcon Inc.
• Avebe U.A.
• Grain Processing Corporation
• SMS Corporation Co. Ltd.
• Beneo GmbH
• Spac Starch Products (India) Ltd.
What Are The Key Trends In The Thin Boiling Starch Market?
• Health and nutrition focus
• Digital transformation in supply chain
• Collaborations with food industry
• Expansion in emerging markets
What Are The Segments Of The Global Thin Boiling Starch Market?
• By Product: Potato Starch, Maize Starch, Wheat Starch, Other Products
• By Form: Dry, Liquid
• By Application: Food And Beverages, Textile, Paper And Packaging, Pharmaceuticals, Personal Care, Other Applications
Which Region Leads The Thin Boiling Starch Market?
The North American region reigned supreme in the thin boiling starch market in 2024 with other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa also demonstrating significant market presence.
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What Is Covered In The Thin Boiling Starch Market Global Market Report?
The Thin Boiling Starch Global Market Report provides an extensive and meticulous analysis including:
- Market Size Analysis: Analyze the Thin Boiling Starch Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Thin Boiling 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 Thin Boiling Starch Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Thin Boiling Starch Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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