Press release
Thin Boiling Starch Market Size Projected To Reach $17.28 Billion By 2034 With A Cagr Of 3.8%
Thin Boiling Starch
What Is the Projected Growth of the Thin Boiling Starch Market?
In recent times, the market size of thin boiling starch has seen a consistent increase. The market is projected to augment from $14.32 billion in 2024 to $14.87 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%. Factors such as advancements in the food industry, a growing preference among consumers for convenience, the internationalization of food trade, industrialization in burgeoning economies, and the functional attributes in food can be credited for the growth observed during the historic period.
Expectations are for the thin boiling starch market to experience consistent growth in the forthcoming years, with projections indicating a rise to $17.28 billion by 2029. This growth, reflecting a compound annual growth rate (CAGR) of 3.8%, is accredited to several factors. These include an increasing health-conscious consumer base, a surge in demand for processed foods, an expanding food industry, a preference for clean labels, and its position as an alternative to chemical additives. Forecasts for this period also highlight several trends, including focus on health and nutrition, digital transformation in supply chains, partnerships within the food industry, and the expansion into emerging markets.
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What Are the Different Thin Boiling Starch Market Segments?
The thin boiling starch market covered in this report is segmented -
1) By Product: Potato Starch, Maize Starch, Wheat Starch, Other Products
2) By Form: Dry, Liquid
3) By Application: Food And Beverages, Textile, Paper And Packaging, Pharmaceuticals, Personal Care, Other Applications
Subsegments:
1) By Potato Starch: Native Potato Starch, Modified Potato Starch
2) By Maize Starch: Native Maize Starch, Modified Maize Starch
3) By Wheat Starch: Native Wheat Starch, Modified Wheat Starch
4) By Other Products: Tapioca Starch, Rice Starch, Pea Starch
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What Are the Primary Drivers Shaping the Thin Boiling Starch Market?
The growth of the thin boiling starch market is anticipated to be driven by rising demand from the food and beverage sector. This industry, which includes production, processing, distribution, and sales of food and drinks, significantly contributes to the economy. It comprises numerous operations and businesses, including agriculture, the manufacture of food, as well as catering and retail. In the food and beverage industry, thin boiling starches are extensively used. They are versatile components that improve the texture of several food products, stabilize emulsions, and serve as thickeners. For example, data shared by the Common Thread Collective, an e-commerce growth agency based in the US, established that worldwide food and beverage sales stood at $506 billion in April 2022 and are projected to escalate to $857 billion by 2025. Consequently, the rising demand from the food and beverage industry continues to fuel the expansion of the thin boiling starch market.
Which Companies Are Leading in the Thin Boiling Starch Market?
Major companies operating in the thin boiling starch market include 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., Emsland Group, Banpong Tapioca Flour Industrial Co. Ltd., Crest Cellulose Pvt Ltd., Gromotech Agrochem Pvt. Ltd., Qingdao Cbh Co. Ltd., Sanstar Bio-Polymers Ltd., Shubham Starch Chem Pvt. Ltd., Sonish Starch Technology Co. Ltd., Angel Starch And Food Pvt. Ltd., Everest Starch (India) Pvt. Ltd., S A Pharmachem Private Limited, Sheekharr Starch Pvt. Ltd., Universal Biopolymers
What Are the Major Trends Shaping the Thin Boiling Starch Market?
Product evolution is a primary trend emerging in the thin boiling starch market. Large scale firms operating in this market are giving significant importance to the creation of innovative products to maintain their market dominance. To illustrate, in August 2023, Thermo Fisher Scientific, a company based in the US, publicized the unveiling of the Applied Biosystems CytoScan HD Accel Array. This new chromosomal microarray has been designed to boost productivity, efficiency, and profitability in cytogenetic research laboratories. This tool is instrumental in prenatal diagnostics, facilitating early detection of chromosomal abnormalities during pregnancy. Additionally, it is used in postnatal testing to identify genetic disorders in infants and children using blood samples. In the realm of oncology research, this array offers knowledge about chromosomal variations linked to various cancers, aiding the identification of genetic markers that could potentially impact treatment choices and predict outcomes.
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What Are the Top Revenue-Generating Geographies in the Thin Boiling Starch Market?
North America was the largest region in the thin boiling starch market in 2024. The regions covered in the thin boiling starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Thin Boiling Starch Market?
2. What is the CAGR expected in the Thin Boiling Starch Market?
3. What Are the Key Innovations Transforming the Thin Boiling Starch Industry?
4. Which Region Is Leading the Thin Boiling Starch Market?
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