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Industrial Starches Market Revenue Insights by Source (Corn, Wheat, Cassava, Potato), Type (Native Starch, Starch Derivatives, Sweeteners), Application (Food, Feed, Pharmaceutical, Paper Industry) u2013 Latest Trends, Growth Forecasts Through 2030
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Industrial Starches Market Will Have a Rapid Growth in the APAC Region 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved
The industrial starches market will power at a compound annual growth rate of 6.4% by the end of this decade to reach a total value of USD 169,971.8 million by 2030. Download sample pages of this report: analysis/industrial-starches-market/report-sample Industrial starch is generally used as an additive in the food industry. It has some properties, for example thickening, stabilizing, film-forming, and gelling, making it a worthy product. Because of these factors, the requirement for these starches is increasing at a global level. The native starch led the industry with a share in excess of 30% in the past. Natural native starch sources include wheat, potato, corn, tapioca, and others. It is commonly used as a thickening agent in the industry of food processing, offering stability and texture to the food. Native starch is also used as a binding or gelling agent, which is known as cryostable. The food industry observed a rapid growth in the market, in the past, because of consumers altering eating habits and the increasing count of employed people. For example, in the year 2022, the count of employed people in the U.S. was about 160 million. Likewise, as a result of the long working hours, easy accessibility of processed food, and changing lifestyles of the consumers, the usage of industrial starches is enormously increasing all over the world. Food processing is among the fastest growing industries all over the world, particularly in the developing nations, such as China and India, and it aims be established as one of the major industries in the emerging nations. With a continually developing economy, increasing demand for food, and growing income levels of the people, the food sector has seen a considerable shift in expenditure patterns of the consumers. Amongst numerous others, with economic liberalization, governments have a major role to play in the development of the food processing sector. https://www.psmarketresearch.com/market- 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved
For example, in 2020, the government of India announced 100% FDI in the processed food sector. The APAC industrial starches market will expand rapidly in the years to come, as a result of the growing crop production of starch sources, for example, sweet potato, cassava, and maize in China, Indonesia, Thailand, and India. Browse the full report at: https://www.psmarketresearch.com/market-analysis/industrial-starches- market The enormous raw materials yield leads to a surge in product offerings, which will boost the industry. Furthermore, the industry is developing in APAC region, because of the growing end-users like paper and textile industries. The developing food and beverage industry of the world has a lot to do with the growing demand for industrial starches. With increasing population, all over the world, requirement for industrial starches will be even more in the years to come. The research offers market size of the global industrial starches market for the period 2017–2030. Market Segmentation by Source •Corn •Wheat •Cassava •Potato •Others Market Segmentation by Type •Native Starch •Starch Derivatives •Sweeteners Market Segmentation by Application •Food •Feed •Pharmaceutical •Paper Industry •Others 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved
Market Segmentation by Region •North America Global Industrial Starches Market oBy Source oBy Type oBy Application oBy Country – U.S. and Canada •Europe Global Industrial Starches Market oBy Source oBy Type oBy Application oBy Country – Germany, U.K., France, Italy, Spain, and Rest of Europe •Asia-Pacific (APAC) Global Industrial Starches Market oBy Source oBy Type oBy Application oBy Country – Japan, China, India, Australia, and Rest of APAC •Latin America (LATAM) Global Industrial Starches Market oBy Source oBy Type oBy Application oBy Country – Brazil, Mexico, Argentina, and Rest of LATAM •Middle East and Africa (MEA) Global Industrial Starches Market oBy Source oBy Type oBy Application oBy Country – Saudi Arabia and Rest of MEA Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved
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