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Competitive Landscape of the Industrial Starches Market: Key Players, Trends, and Growth Opportunities

04-23-2025 08:14 AM CET | Consumer Goods & Retail

Press release from: P&S Intelligence

Industrial Starches Market Trends

Industrial Starches Market Trends

According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening, and gelling. In particular, the demand for these starches is rising due to their wide use as food additives in the food and beverage industry, where they function as essential thickeners, stabilizers, and emulsifiers.

The Asia-Pacific region holds the largest market share and is also the fastest-growing region, primarily driven by the booming food processing industry in emerging economies like India and China. The growth trajectory of this market is further supported by increasing government investments in food security and processing infrastructure, particularly in the wake of global disruptions such as the COVID-19 pandemic. Additionally, advancements in technology and the sustainable sourcing of starches from crops like corn, wheat, and cassava are contributing to the market's expansion.

Discover key insights with a comprehensive analysis: https://www.psmarketresearch.com/market-analysis/industrial-starches-market

Key Insights

Segmentation by Source: In 2024, corn is the dominant source for industrial starches, accounting for 55% of the market. The growth in global corn production, particularly in the U.S., supports this dominance. Cassava, however, is the fastest-growing source, expected to expand at a CAGR of 8.3% due to its high starch content and versatility in industries such as textiles, pharmaceuticals, and adhesives.

Starch Types: Native starches continue to capture the largest revenue share, predominantly used for their thickening and stabilizing properties in food processing. This category benefits from the widespread use of starches derived from corn, wheat, potato, and tapioca. On the other hand, starch derivatives and sweeteners are gaining traction due to their tailored functionalities in various industrial applications.

Regional Dynamics: The Asia-Pacific region leads both in market share and growth rate. The food processing industries in China and India are major drivers of demand, aided by government incentives and a rising middle-class population with higher disposable incomes. These factors are pushing the demand for starch-based products in food processing and other related sectors.

Technological Advancements: The ongoing innovations in starch processing technologies are making the extraction and utilization of starches more efficient and cost-effective. These advancements are helping manufacturers meet the rising demand across industries such as food & beverage, pharmaceuticals, and paper, especially as consumer preferences lean toward natural and healthier ingredients.

Competitive Landscape: The market is fragmented, with numerous regional and international players competing for market share. Companies are focusing on strategic expansions and acquisitions to enhance their product portfolios and distribution networks. Furthermore, investments in sustainable and eco-friendly production methods are becoming increasingly crucial as consumers demand environmentally responsible products.

Growth Opportunities in Emerging Economies: Emerging economies in Asia and Africa, particularly those producing cassava, represent significant growth opportunities. The increased use of starch in food, pharmaceutical, and adhesive products in these regions, along with favorable economic conditions and government support, is expected to drive demand during the forecast period.

Request PDF Sample Copy of Report: https://www.psmarketresearch.com/market-analysis/industrial-starches-market/report-sample

Challenges and Restraints: Despite the positive growth outlook, the market faces challenges, including the volatility in crop prices and competition from alternative thickeners like guar gum and alginates. The shift towards bioethanol production also competes for the same agricultural resources used for starch extraction, further influencing prices.

Market Forecast: With the increasing demand for industrial starches across various applications, the market is expected to reach USD 169.9 billion by 2030. The continuous demand for cleaner and more sustainable starch products, coupled with the growing food processing sectors in emerging markets, will fuel market expansion over the next decade.

Read More Related Report Published by P&S:

Clean Label Ingredient Market: https://www.psmarketresearch.com/market-analysis/clean-label-ingredient-market-report

Food Coating Ingredients Market: https://www.psmarketresearch.com/market-analysis/food-coating-ingredients-market

About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

Contact:

Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://psintelligence.blogspot.com

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