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Unlocking Opportunities in the Thin Boiling Starch Market: 2025-2034 Forecast Report
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Thin Boiling Starch Industry Market Size Be by 2025?
The market size for thin boiling starch has seen consistent growth over the past few years. The market, which was at $14.32 billion in 2024, is predicted to expand to $14.87 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.9%. The growth during the historical era can be linked to a variety of factors, including the development of the food industry, the consumer's preference for convenience, the globalization of the food trade, industrial advancement in emerging economies, and the functional characteristics found in food.
What's the Long-Term Growth Forecast for the Thin Boiling Starch Market Size Through 2029?
The market size for thin boiling starch is projected to witness a consistent surge in the coming years. A compound annual growth rate (CAGR) of 3.8% is expected to push the market size to $17.28 billion by 2029. This anticipated growth can be credited to factors like health-aware customer demographics, increased preference for processed food items, proliferation of the food industry, preference for clean labels, and its use as a replacement for chemical additives. The key trends expected to characterize this period are a heightened focus on health and nutrition, implementation of digital transformation in the supply chain, strategic partnerships with the food industry, and market expansion in emerging economies.
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What Are the Key Growth Drivers Fueling the Thin Boiling Starch Market Expansion?
The expansion of the thin boiling starch market is predicted to be driven by the rising demand from the food and beverage industry. The food and beverage sector includes the production, processing, distribution, and sale of food and drink items, a broad spectrum that covers agriculture, food manufacturing, food service, retail, and catering. Thin boiling starches are largely employed in the food and beverage sector, serving as multifaceted components that aid in thickening, stabilizing emulsions, and improving the texture of a variety of food items. Based on reports provided by the US-based e-commerce growth agency, Common Thread Collective, in April 2022, global food and beverage sales stood at $506 billion in 2022 and projected to hit $857 billion by 2025. Consequently, the escalating demand from the food and beverage sector fuels the growth of the thin boiling starch market.
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What Are the Key Trends Driving Thin Boiling Starch Market Growth?
The growing trend of product advancements is spurring the thin boiling starch market. Dominant firms in this market are striving to create novel products to maintain their market standing. For instance, in August 2023, Thermo Fisher Scientific, a company based in the US, introduced the Applied Biosystems CytoScan HD Accel Array. This cutting-edge chromosomal microarray aims to enhance productivity, efficiency, and profitability in cytogenetic study labs. It plays a pivotal role in prenatal diagnosis by detecting chromosomal anomalies early in pregnancy and in postnatal testing to diagnose genetic conditions in newborns and children using blood samples. Within the cancer research sector, the array contributes to understanding chromosomal alterations associated with various cancers and aiding in determining genetic markers that could influence treatment options and prognosis.
How Is the Thin Boiling Starch Market Segmented?
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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Which Companies Are Leading the Charge in Thin Boiling Starch Market Innovation?
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
Which Regions Are Leading the Global Thin Boiling Starch Market in Revenue?
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
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