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Segmentation, Major Trends, and Competitive Overview of the Industrial Starch Market
Industrial Starch Market
Projected Growth and Market Size of the Industrial Starch Industry
The industrial starch market is anticipated to reach a substantial value of $156.44 billion by 2030, growing at an annual compound rate of 8.2%. This robust expansion is fueled by a rising need for biodegradable industrial materials, increased use of clean-label food components, broader applications in pharmaceuticals as excipients, and a strong focus on sustainable packaging solutions. Additionally, advancements in starch modification technologies are playing a critical role in shaping market growth. Prominent trends expected during this period include heightened demand for modified starch, greater incorporation of bio-based industrial ingredients, expanding pharmaceutical and food uses, and a shift toward natural, clean-label additives that emphasize functional performance.
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Leading Companies Driving the Industrial Starch Market Forward
The market features several key players who are influencing its trajectory, including Cargill Inc., Archer Daniels Midland Company, Grain Processing Corporation, Tereos S.A., Manildra Group, Everest Starch India Pvt Ltd, AGRANA Beteiligungs-AG, Ingredion Inc., Angel Starch and Food Pvt Ltd, Japan Corn Starch Co Ltd, Bangkok Starch Industrial Co Ltd, Tate & Lyle Plc, Penford Corporation, Royal Avebe U.A., Beneo GmbH, Südstärke GmbH, Universal Starch Chem Allied Ltd., Visco Starch Pvt Ltd, SPAC Starch Products Limited, and Roquette Frères S.A.
A notable development occurred in October 2023 when Denmark-based AKV Langholt AmbA acquired the starch business of Cargill Inc., known as Cargill-AKV I/S. This strategic move enables AKV Langholt AmbA to broaden its portfolio with 90,000 tons of native and modified potato starches tailored for food and paper industries, alongside proteins and starches designed for animal feed and pet food markets. Cargill Inc. itself is a major US supplier of food starches.
Emerging Innovations Transforming the Industrial Starch Sector
Market leaders are actively developing new bio-based and modified starch products to meet the rising demand for sustainable, clean-label, and high-performance starch solutions. These innovations aim to enhance the functional capabilities and application range beyond what traditional starches offer. For example, in August 2024, France-based global starch manufacturer Roquette Frères introduced a botanical tapioca starch line called CLEARAM. This new range includes four starch grades-CLEARAM TR 2010, TR 2510, TR 3010, and TR 4010-formulated to improve viscosity, consistency, elasticity, and freeze/thaw stability. These starches are ideal for various food products such as sauces, dairy desserts, bakery fillings, and more. This launch reflects the industry's overall shift toward sustainable, plant-derived, non-GMO, and functional starch solutions relevant across food, packaging, and paper sectors.
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How the Industrial Starch Market Is Segmented and Forecasted
The industrial starch market is categorized into distinct segments to better understand its scope:
By Product Type: Cationic Starch, Ethylated Starch, Oxidized Starch, Acid Modified Starch, and Unmodified Starch
By Source Material: Corn, Wheat, Cassava, Potato, and Other Sources
By Application Sector: Food, Feed, Paper Industry, Pharmaceutical Industry, and Other Uses
Delving deeper into product subtypes, the market includes:
- Cationic Starch split into variants for paper and textile applications
- Ethylated Starch differentiated by food and industrial uses
- Oxidized Starch available for food and non-food purposes
- Acid Modified Starch used in food products and industrial applications
- Unmodified Starch sourced as corn starch, potato starch, and tapioca starch
This structured segmentation highlights the diverse ways in which industrial starches are tailored to meet the specific demands of different industries, supporting the broad growth outlook forecast through 2030.
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