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Industrial Starch Market: By Application, By Type, By Source, By Form, By Function and By Geography
Industrial Starch Market: By Application, By Type, By Source, By Form, By Function and By Geography
Industrial Starch Market size was valued US$ at 53.5 million in 2022 and is poised to grow at a significant CAGR of 5.2% over 2023-2029. Industrial starch is used by the industries for adhesive purpose and also has a wide range of applications. Generally, starch is obtained from various sources like cassava, potato, wheat etc. Starch has several uses not only in the food industry but also in non-food industries also such as paper, textile, mining, building materials due to its adhesive property. Industrial starch market players are majorly adopting the growth strategies such as expansions, investments, product launches, mergers and acquisitions etc. in order to gain the larger market share. Companies which are associated with the industrial corn starch market are focusing on cost-effective solutions that are aimed towards the various applications in frozen food and dairy products. Market players in Cassava starch are riding their expansion on new product developments. The advanced technologies in starch modification helped the market players to attain the significant position in the industrial starch market. For example, in March 2016, Avebe entered into the last stage of potato harvesting campaign after which they can be able to harvest superior quality foodstuffs for the development of starch from potato and extend their production. Companies are concentrating on focusing on R&D improve capabilities of modified starch and production of high-quality starch products. Roquette Group has extracted modified starches from waxy maize, maize, wheat, pea and potato for the use in confectionery and bakery industries. Roquette Group has also acquired 3 Indian companies of starch production and formed a joint venture business to broaden its presence in Asia-Pacific market for the industrial starch.
In May 2017, Tate & Lyle, P.L.C. London based company introduced seventeen non-bioengineered starches which offer same functionality as their conventional counterparts. In 2017 April, Ingredion introduced new texturizer Precisa Crisp 31 and Precisa Crisp 320 (native corn starch) and Precisa Crisp 130 and Precisa Crisp 151(Modified tapioca starch) for baked chips.
Study Period
2024-2030Base Year
2023CAGR
5.2%Largest Market
Asia-PacificFastest Growing Market
North America
In the recent years industry, the starch market has experienced a rapid growth and it is anticipated to continue the trend. Rapid growth in food processing industry, rising demand for the convenience foods, growing demand for the adhesives in various industries and the wide range of benefits related to starch are the few factors which are boosting the growth of the industrial starch market globally. However, the Industrial Starch Market is facing few challenges as well. Some of the major restraints are high initial investments of R&D, availability of alternatives like resin glues and development of Arabic gum market.
Geographically Industrial Starch Market is segmented as Latin America, Europe, Asia- Pacific, North America, and The Middle East & Africa. Asia-Pacific region is driven by growing starch consumption, its derivatives, and sweeteners in China and India. China holds nearly half of the starch consumption in APAC region. Countries like Thailand, China, and India are in better position in the production of starch at competitive prices than the developed nations such as North America and Europe owing to a liberal regulatory framework and low cost of production and raw materials. North America and Europe hold significant market share in the industrial starch market owing to the growing industrial packaging and end-use industries.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
5.2% |
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By Application |
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By Type |
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By Source |
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By Form |
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By Function |
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The industrial starch market size was valued at US$ 53.5 million in 2022
The industrial starch market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
North America is the fastest-growing for industrial starch market
| 1.Executive Summary |
| 2.Global Industrial Starch Market Introduction |
| 2.1.Global Industrial Starch Market - Taxonomy |
| 2.2.Global Industrial Starch Market - Definitions |
| 2.2.1.Application |
| 2.2.2.Type |
| 2.2.3.Source |
| 2.2.4.Form |
| 2.2.5.Region |
| 3.Global Industrial Starch Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Industrial Starch Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Industrial Starch Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Food & beverage |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Textile industry |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Feed |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Paper |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Industrial Starch Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Starch derivatives & sweeteners |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Native Starch |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Modified starch |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Industrial Starch Market By Source, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Wheat |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Potato |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Corn |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Cassava |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Industrial Starch Market By Form, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Liquid |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Powder |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Gel |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Industrial Starch Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Food & beverage |
| 10.1.2.Textile industry |
| 10.1.3.Feed |
| 10.1.4.Paper |
| 10.1.5.Others |
| 10.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Starch derivatives & sweeteners |
| 10.2.2.Native Starch |
| 10.2.3.Modified starch |
| 10.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Wheat |
| 10.3.2.Potato |
| 10.3.3.Corn |
| 10.3.4.Cassava |
| 10.3.5.Others |
| 10.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Liquid |
| 10.4.2.Powder |
| 10.4.3.Gel |
| 10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Food & beverage |
| 11.1.2.Textile industry |
| 11.1.3.Feed |
| 11.1.4.Paper |
| 11.1.5.Others |
| 11.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Starch derivatives & sweeteners |
| 11.2.2.Native Starch |
| 11.2.3.Modified starch |
| 11.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Wheat |
| 11.3.2.Potato |
| 11.3.3.Corn |
| 11.3.4.Cassava |
| 11.3.5.Others |
| 11.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Liquid |
| 11.4.2.Powder |
| 11.4.3.Gel |
| 11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Food & beverage |
| 12.1.2.Textile industry |
| 12.1.3.Feed |
| 12.1.4.Paper |
| 12.1.5.Others |
| 12.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Starch derivatives & sweeteners |
| 12.2.2.Native Starch |
| 12.2.3.Modified starch |
| 12.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Wheat |
| 12.3.2.Potato |
| 12.3.3.Corn |
| 12.3.4.Cassava |
| 12.3.5.Others |
| 12.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Liquid |
| 12.4.2.Powder |
| 12.4.3.Gel |
| 12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Food & beverage |
| 13.1.2.Textile industry |
| 13.1.3.Feed |
| 13.1.4.Paper |
| 13.1.5.Others |
| 13.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Starch derivatives & sweeteners |
| 13.2.2.Native Starch |
| 13.2.3.Modified starch |
| 13.3. Source Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Wheat |
| 13.3.2.Potato |
| 13.3.3.Corn |
| 13.3.4.Cassava |
| 13.3.5.Others |
| 13.4. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Liquid |
| 13.4.2.Powder |
| 13.4.3.Gel |
| 13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Industrial Starch Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 14.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Food & beverage |
| 14.1.2.Textile industry |
| 14.1.3.Feed |
| 14.1.4.Paper |
| 14.1.5.Others |
| 14.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Starch derivatives & sweeteners |
| 14.2.2.Native Starch |
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Key Market Players
Related Industry ReportsAuthor Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments. |