New York, Aug. 04, 2022 (GLOBE NEWSWIRE) -- According to our new research study on Industrial Starch Market to 2028 – COVID-19 Impact and Global Analysis – by Type (Native Starch and Starch Derivatives & Sweeteners), Source (Wheat, Corn, Potato, Cassava, and Others), Application (Food & Beverages, Pulp & Paper, Animal Feed, Pharmaceuticals, and Others)," includes the factors governing the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments. Starch is a crucial part of adhesive formulations and is used in various industrial applications. Industrial starch is derived from different natural sources such as wheat, tapioca, rice, potato, and maize. Among wheat, maize and potato are the most used industrial starches. Starch is used in manufacturing various products in the food industry, such as confectionaries, bakery products, canned jams and fruits, commercial monosodium glutamate (MSG), and caramel.
Request Sample PDF Brochure of Industrial Starch Market Size - COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPRE00021147/
Industrial Starch Market - Strategic Insights
| Report Coverage | Details |
| Market Size Value in | US$ 67.35 Billion in 2022 |
| Market Size Value by | US$ 98.43 Billion by 2028 |
| Growth rate | CAGR of 5.5% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
| No. of Pages | 123 |
| No. Tables | 135 |
| No. of Charts & Figures | 67 |
| Historical data available | Yes |
| Segments covered | Type, Source, and Application |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Industrial Starch Market: Competition Landscape and Key Developments
Agrana Beteiligungs-AG; ADM; Ingredion Incorporated; Roquette Frères; Tereos Group; Cargill, Incorporated; Tate & Lyle PLC; Grain Processing Corporation; Royal Cosun; and AVEBE are among the leading players in the industrial starch market. These companies are adopting strategies such as mergers and acquisitions and product launches to expand their geographic presence and clientele.
The industrial starch market is segmented into five main regions
North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SCAM). In 2021, Asia Pacific dominated the global market.
Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00021147/
Apart from the food industry, industrial starch is also used in non-food industries such as paper, mining, textile, building materials, and consumer products. Growing demand from the packaging industry is propelling the industrial starch market growth. Industrial starch is widely used in the packaging industry with a polylactic acid made using sugar, usually, from cornstarch, that helps maintain plastic consistency. Plastics made up of starch are biodegradable, recyclable, environment-friendly, and compostable. Along with the growth of the e-commerce industry, the packaging industry is adopting biodegradable and eco-friendly materials. For instance, Indian e-commerce companies such as Flipkart and Myntra eliminated 100% single-use plastic packaging. Starch-based bioplastic films provide various advantages such as high resistance to moisture transfer from the food to the atmosphere, minimum environmental impact compared to the traditional plastic films, and widely used thermoplastic starch is expected to increase demand for industrial starch.
Based on type, the industrial starch market is segmented into native starch and starch derivatives & sweeteners. In 2021, the starch derivatives & sweeteners segment dominated the market. Furthermore, the market for this segment is expected to grow at a faster CAGR during the forecast period. Starch derivatives possess improved functional properties, which are suitable for various food and non-food applications. Starch derivatives and sweeteners have various functions; they are used as thickeners, fat replacers, texture agents, and emulsifiers. Starch derivatives and sweeteners give the essential taste to the food products because of their characteristic of water absorbing and bulking up.
Avail Lucrative DISCOUNTS on “Industrial Starch Market” Research Study: https://www.theinsightpartners.com/discount/TIPRE00021147/
The food & beverages industry faced unprecedented challenges due to the COVID-19 pandemic. The shortage of raw materials and manpower, a shutdown of factories, and other operational difficulties associated with COVID-19 safety protocols adversely affected the industrial starch market. The lockdown measures heavily impacted industrial starch's supply and production. As the food & beverage industry is susceptible to economic cycles, producers and workers were particularly exposed to the consequences of a sharp drop in economic activity amid the pandemic.
Food and beverage production operations were deemed necessary in several countries; however, production sites were completely or partially shut down in other nations as part of containment efforts. However, the pharmaceutical industry assisted the industrial starch market to thrive during the COVID-19 pandemic. In the pharmaceutical industry, starch is used as a binder and disintegrant. Additionally, the successful implementation of mass vaccination drives in 2021 resulted in increased business activities. With economies reviving their operations, the demand for industrial starch started rising globally in the coming years as key industrial starch manufacturers resumed their operations and restored their normal production capacities.
The industrial starch market, based on geography, is segmented into North America, Europe, Asia Pacific (APAC), South and Central America (SAM), and the Middle East and Africa (MEA). In 2021, Asia Pacific dominated the market. The growth of various end-use industries in Asia Pacific is driving the growth of the industrial starch market in this region. The food & beverage industry strongly contributes to the market growth in Asia Pacific. Increasing urbanization, government and private initiative to increase the use of renewable packaging materials, and consumer spending are the factors that collectively impact the growth of Asia Pacific economies, which are driving the growth of the industrial starch market.
Directly Purchase Premium Copy of Active Industrial Starch Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00021147/
Impact of COVID-19 Pandemic on Industrial Starch Market Size
The COVID-19 pandemic adversely affected the market in 2020 due to the shutdown of manufacturing facilities and restrictions on transportation and logistics. Disruptions in supply chains also hampered the supply of industrial starch. Manufacturers introduce extensive modifications to their processes to comply with national and regional guidelines to protect employees from the COVID-19 infection. Many global manufacturers temporarily paused their operations or allowed production processes with limited employee strength. Despite these consequences, businesses started recovering as various countries' governments' relaxed social restrictions. Additionally, the successful implementation of mass vaccination drives in 2021 resulted in increased business activities. With economies reviving their operations, the demand for industrial starch started rising globally in the coming years as key industrial starch manufacturers resumed their operations and restored their normal production capacities
The "Industrial Starch Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry, focusing on the market trend analysis. The report aims to provide an overview of the market with detailed segmentation. The industrial starch market is segmented on the basis of type, source, application, and geography. Based on type, the industrial starch market is segmented into native starch and starch derivatives & sweeteners. Based on source, the industrial starch market is segmented into wheat, corn, potato, cassava, and others. Based on application, the industrial starch market is segmented into food & beverages, pulp & paper, animal feed, pharmaceuticals, and others. Based on geography, the industrial starch market is segmented into five main regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, Asia Pacific dominated the industrial starch market. However, North America is expected to register the highest CAGR in the market during the forecast period.
Browse Latest and Related Reports:
Native Potato Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Industrial Grade, Food Grade); Application (Food and Beverages, Pulp and Paper, Textile, Others) and Geography
Corn Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Native Starch, Modified Starch, Others); Application (Food and Beverage, Animal Feed, Pharmaceuticals, Paper and Pulp, Others) and Geography
Modified Cassava Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Starch (Unmodified/Native starch, Modified starch, Sweeteners); Grade (Industrial grade, Food grade, Feed grade); Nature (Organic cassava starch, Conventional cassava starch); End User (Animal feed, Food, Textile, Cosmetic, Paper, Others) and Geography
Food Starch Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Native Starch, Modified Starch, Starch Derivatives); Application (Beverages, Baked Goods, Confectionery, Dairy Products, Meat Products, Others) and Geography
Wheat Starch Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Native Wheat Starch and Modified Wheat Starch); Grade (Food Grade and Industrial Grade) and End User Industry (Food and Beverages, Cosmetics and Others)
Starch Derivatives Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product (Maltodextrin, Glucose syrup, Cyclodextrin, Hydrolysates, Modified starch, Others); Application (Food and beverages, Cosmetics, Paper, Pharmaceuticals, Feed, Others) and Geography
Modified Starch Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Raw Material (Maize, Cassava, Potato Wheat, Others); Function (Thickeners, Stabilizers, Binders, Emulsifiers, Others); Application (Food and Beverages, Animal Feed, Industrial, Pharmaceuticals, Others) and Geography
Starch Softel Capsules Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Application (Pharmaceutical, Health Supplements, Others); Distribution Channel (Supermarket and hypermarket, Pharmacy and drugstore, Online provider)
Tapioca Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Types (Fresh, Dried); Uses (Thickening Agent, Stabilizer Agent, Bodying Agent, Binding Agent); Application (Food and Beverage, Textiles Industry, Glue Industry, Pharmaceutical Industry, Cosmetics Industry, Mining Industry, Construction Industry, Others) and Geography
Sweeteners Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Natural, Artificial); Application (Bakery And Confectionery, Dairy And Frozen Desserts, Beverages, Others) and Geography
Dry Sweeteners Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Fruit Sugars, Dextrose, Molasses, Corn Malt, Others); Application (Bakery and Confectionary, Dairy and Frozen Desserts, Beverages, Others) and Geography
Feed Flavours and Sweeteners Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Feed Flavours, Feed Sweeteners); Category (Natural, Synthetic); Livestock (Poultry, Swine, Ruminants, Others) and Geography
Natural Sweeteners Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Stevia, Xylitol, Erythritol, Agave, Coconut Sugar, Date Sugar, Others); Application (Food and Beverages, Pharmaceuticals, Personal Care, Others) and Geography
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/industrial-starch-market
Industry Research: https://www.theinsightpartners.com/categories/food-and-beverages
