Industrial Starch Market Anticipated to Grow at 6.5% CAGR, Hitting USD 169.1 Billion by 2030
Industrial Starch Market Anticipated to Grow at 6.5% CAGR, Hitting USD 169.1 Billion by 2030
Blog Article
Industrial Starch Market: Growth Trends and Future Outlook
The Industrial Starch Market is experiencing significant growth due to its widespread applications in food, paper, textile, and pharmaceutical industries. According to Intent Market Research, the market was valued at USD 116.1 billion in 2024 and is projected to surpass USD 169.1 billion by 2030, growing at a CAGR of 6.5% during 2025 - 2030.
What is Industrial Starch?
Industrial starch is a carbohydrate extracted from agricultural raw materials like corn, wheat, cassava, and potatoes. It serves as a thickening, binding, and stabilizing agent in various industries.
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Market Growth Drivers
1. Growing Demand in Food Processing
Enhances texture, stability, and moisture retention in processed foods.
2. Expansion in Paper & Packaging Industry
Used as a coating and adhesive agent in paper manufacturing.
3. Rising Demand for Bio-based Starch Products
Supports sustainable and biodegradable solutions.
Market Segmentation
By Type
- Native Starch
- Modified Starch
- Sweeteners
By Application
- Food & Beverages
- Paper & Packaging
- Pharmaceuticals
- Textiles
- Adhesives
By Source
- Corn
- Wheat
- Potato
- Cassava
By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
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Some of Leading Companies:
- Cargill, Inc.
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- Roquette Frères
- Sumitomo Chemical Co., Ltd.
- China National Chemical Corporation
- Bunge Limited
- AGRANA Group
- Grain Processing Corporation
- The Tereos Group
- DuPont de Nemours, Inc.
- Global Bio-chem Technology Group Company Limited
- Maize Products
- LG Chem
Emerging Trends in the Industrial Starch Market
1. Growth in Plant-Based and Clean Label Starches
Increasing demand for natural, non-GMO starch.
2. Technological Advancements in Starch Modification
Improving functional properties and efficiency.
3. Increasing Usage in Bioplastics
Boosting the eco-friendly packaging industry.
Challenges Facing the Market
1. Fluctuating Raw Material Prices
Affects production costs and profitability.
2. Stringent Regulatory Standards
Compliance with food safety and environmental norms.
3. Competition from Synthetic Alternatives
Challenges market expansion in some industries.
Future Outlook: What to Expect by 2030?
By 2030, the Industrial Starch Market is expected to reach USD 169.1 billion, driven by:
- Rising demand for sustainable products
- Innovations in starch processing technologies
- Expansion in emerging markets
FAQs
1. What are the primary applications of industrial starch?
Food, paper, pharmaceuticals, textiles, and adhesives.
2. What is driving the growth of the industrial starch market?
Rising demand for sustainable and biodegradable products.
3. What are the key challenges in this market?
Fluctuating raw material prices and regulatory compliance.
4. Which region is expected to dominate the market by 2030?
Asia-Pacific due to high demand in food and packaging industries.
5. How is industrial starch used in bioplastics?
It serves as a key component in eco-friendly and biodegradable plastics.
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