China Starch and Starch Derivatives Market Size (2024 - 2029)

The market size of the China starch and starch derivatives sector is experiencing growth driven by abundant raw materials, an integrated supply chain, and expanding applications across various industries. The increasing demand for both native and modified starch, particularly in the frozen food segment, is a significant contributor to this growth. Additionally, the market is influenced by the rising imports of modified food starch, as foreign products often offer superior quality and pricing compared to domestic options.

Market Size of China Starch and Starch Derivatives Industry

China Starch and Starch Derivatives Market - Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.57 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

China Starch & Starch Derivatives Market Analysis

China starch and starch derivatives market is anticipated to register a CAGR of 6.57% during the forecast period (2020-2025).

  • Abundant raw supplies, integrated supply chain, and diversifying usage of starch across end user industries have been the primary factors boosting the market demand in the country. Furthermore, the demand for native and modified starch in food is increasing with the rising usage in the frozen food sub-segment, which is expected to hold a predominate share in food applications.
  • Imports of modified food starch in China have been booming in the past years, due to the fact that the quality and the price of foreign products often surpass their Chinese counterparts. FoodChem, Ingredion Inc., Nutrend Biotech Co. Ltd, and COFCO Biochemical Corporation are some of the modified starch manufacturers in the country.

China Starch & Starch Derivatives Industry Segmentation

China Starch and Starch Derivatives Market is segmented by product type into native starch and modified starch, by raw material into corn, cassava, potato, wheat and other raw materials, by application into food and beverage, pharmaceuticals, personal care, animal feed and other applications.

By Product Type
Native Starch
Modified Starch
Dextrose
Maltodextrin
Other Product Types
By Beverage Type
Corn
Cassava
Potato
Wheat
Other Raw Materials
By Application
Food and Beverage
Confectionery
Bakery
Dairy
Beverages
Other Food and Beverage Applications
Pharmaceuticals
Personal Care
Animal Feed
Other Applications
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China Starch and Starch Derivatives Market Size Summary

The China starch and starch derivatives market is experiencing significant growth, driven by abundant raw materials, an integrated supply chain, and expanding applications across various end-user industries. The increasing demand for both native and modified starch, particularly in the frozen food segment, is a key factor contributing to this market expansion. Despite the domestic production capabilities, imports of modified food starch have been rising due to the superior quality and competitive pricing of foreign products. This trend highlights the ongoing need for innovation and quality improvement within the local industry. Major players such as FoodChem, Ingredion Inc., Nutrend Biotech Co. Ltd, and COFCO Biochemical Corporation are actively participating in this market, further intensifying the competitive landscape.

The market is characterized by its fragmented nature, with numerous local and international companies vying for market share. Zhucheng Xingmao is a prominent player in this space, while other significant companies like Cargill Inc., Ingredion Inc., Tereos SA, Roquette Frères, and ROYAL AVEBE UA are expanding their operations through increased production facilities and strategic acquisitions. The growth of the corn starch sector is also bolstered by the booming logistics and small house appliance industries, which offer lucrative opportunities for starch applications. Additionally, the rising demand for raw materials in the cardboard and paper production sectors further supports the market's expansion.

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China Starch and Starch Derivatives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Native Starch

      2. 2.1.2 Modified Starch

        1. 2.1.2.1 Dextrose

        2. 2.1.2.2 Maltodextrin

        3. 2.1.2.3 Other Product Types

    2. 2.2 By Beverage Type

      1. 2.2.1 Corn

      2. 2.2.2 Cassava

      3. 2.2.3 Potato

      4. 2.2.4 Wheat

      5. 2.2.5 Other Raw Materials

    3. 2.3 By Application

      1. 2.3.1 Food and Beverage

        1. 2.3.1.1 Confectionery

        2. 2.3.1.2 Bakery

        3. 2.3.1.3 Dairy

        4. 2.3.1.4 Beverages

        5. 2.3.1.5 Other Food and Beverage Applications

      2. 2.3.2 Pharmaceuticals

      3. 2.3.3 Personal Care

      4. 2.3.4 Animal Feed

      5. 2.3.5 Other Applications

China Starch and Starch Derivatives Market Size FAQs

The China Starch and Starch Derivatives Market is projected to register a CAGR of 6.57% during the forecast period (2024-2029)

Cargill Inc., Ingredion Inc., Tereos SA, Roquette Frères and ROYAL AVEBE UA are the major companies operating in the China Starch and Starch Derivatives Market.

China Starch and Starch Derivatives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)