Global Industrial Starch Market
By Type (Starch Derivatives & Sweeteners, Native Starch, Other Derivatives & Sweeteners), By Application (Feed, Food & Beverage, Other Applications), By Source (Wheat,Cassava, Cassava), By Form (Dry, Liquid), By Function(Thickening, Gelling Agent, Sizing), By Region (North America, Europe, Asia Pacific, Rest of world).
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The Global Industrial Starch Marketwas valued at USD 30.58 billion in 2016 and is projected to reach USD 131.66 billion by 2025, growing at a CAGR of 6.72% from 2017 to 2025.
Starch is used in wide range of industrial applications. Industrial starch can be derived from many sources like wheat, rice, maize and potato. Food industry has a major share in the global industrial starch market. Industrial starch is also used in industries like paper, mining, textile etc. Starch is used in manufacturing many food products like canned jams, fruits, confectioneries and bakery products.
1. Market Drivers
1.1 High demand for convenience foods.
1.2 Different functions of starch in end use industries.
2. Market Restraints
2.1 High costs for R&D.
2.2 Major growth in gum Arabic market.
The Global Industrial Starch Market is segmented on thebasis of Type, Application, Source, Form, Region and Function.
1. By Type:
1.1 Starch Derivatives & Sweeteners
1.1.1 Modified Starch
1.2 Native Starch
1.3 Other Derivatives & Sweeteners
1.3.1 Glucose Syrups
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2. By Application:
2.2 Food & Beverage
2.2.1 Processed Foods
2.3 Other Applications
2.3.3 Corrugation & Paper Making
3. By Source:
3.5 Other Sources
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
5. By Form:
5.2 Dry Form
6. By Function:
6.2 Gelling Agent
6.7 Film Forming Agents
6.10 Mositure Retention
The major players in the market are as follows:
1. Cargill, Incorporated
2. Ingredion Incorporated
4. Roquette FrÃ¨res
5. Royal Cosun
6. Altia Industrial Services
7. The Tereos Group
8. Grain Processing Corporation
9. Tate & Lyle PLC
10. Archer Daniels Midland Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Industrial Starch Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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