Market Size of Food Starch Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.35 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Food Starch Market Analysis
The global food starch market is projected to grow at a CAGR of 6.35% during the forecast period, 2020-2025.
- The market is competitive and driven by an increase in the trend of 'health and wellness' and growing consumer demand for all-natural ingredients. The abundance of raw supplies, integrated supply chain, and diversifying usage of starch across end-user industries are few other factors that further boost the market demand across the globe.
- Cereals, particularly bread and breakfast cereals, and potatoes make the major contribution to starch intakes in western diets. Starch intakes are considerably higher in countries dependent on starchy staples to a greater degree, such as China, and Japan.
Impact of COVID-19 on the Market:
- COVID-19 has resulted in a devastating impact on the starch market in two main ways: by directly affecting production and demand, and by creating supply chain and market disruption.
- However, starch's potential to fight Covid-19 is being recognised by many research studies, which is thereby creating ample room to rebalance the starch industry even in the face of persistent COVID-19 restrictions. For instance, the Yale University collaborated with the University of Michigan and the University of Minnesota and evaluated the efficacy of resistant potato starch in reducing the rates of hospitalisation and improving time to clinical recovery in non-hospitalised COVID-19 patients. The results stated that the resistane potato starch (RPS) has shown to decrease IL-6 in humans, partly through its ability to increase butyrate levels, that reduces ACE2 receptor expression, which is the main entry mechanism for COVID-19 into epithelial lung cells.
Food Starch Industry Segmentation
The global food starch market is segmented by type such as native starch, modified starch, starch derivatives, and starch sweeteners. The modified starch segment is further segmented into oligosaccharides, sugar polyols, starch sugars, and others. By source, the market is segmented into corn, wheat, potato, cassava, and other sources. By application, the market is segmented into confectionery, bakery, dairy, beverages, and other food and beverage applications.
Also, the study provides an analysis of the food starch market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Type | |||||
| Native Starch | |||||
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| Starch Derivatives |
| By Source | |
| Corn | |
| Wheat | |
| Potato | |
| Cassava | |
| Other Sources |
| By Application | |
| Confectionery | |
| Bakery | |
| Dairy | |
| Beverages | |
| Other Food and Beverage Applications |
| By Geography | |||||||||
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Food Starch Market Size Summary
The global food starch market is experiencing significant growth, driven by the increasing consumer focus on health and wellness, alongside a rising demand for all-natural ingredients. The market benefits from a robust supply of raw materials, a well-integrated supply chain, and the expanding application of starch across various end-user industries. In Western diets, cereals and potatoes are major contributors to starch intake, while countries like China and Japan, which rely heavily on starchy staples, exhibit even higher consumption levels. The market's competitive landscape is further shaped by the use of native and modified starches as essential components in the food and beverage industry, where they serve critical functions such as thickening, binding, and stabilizing products, as well as extending shelf life and enhancing texture.
The COVID-19 pandemic has posed challenges to the starch market by disrupting production and supply chains, yet it has also opened new avenues for research and application, such as the potential health benefits of resistant potato starch in combating COVID-19. The Asia-Pacific region, particularly dependent on maize for starch production, and North America, with the United States leading in modified starch market share, are key players in the global landscape. Europe also plays a significant role, with a diverse range of starch products and a strong market presence in the United Kingdom. Major companies in the market, including Agrana, Cargill Incorporated, and Tate & Lyle, are focusing on health-oriented ingredients, with competitive factors like pricing, product customization, and customer service influencing their strategies.
Food Starch Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Native Starch
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2.1.2 Modified Starch
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2.1.2.1 Oligosaccharides
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2.1.2.2 Sugar Polyols
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2.1.2.3 Starch Sugars
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2.1.3 Starch Derivatives
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2.2 By Source
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2.2.1 Corn
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2.2.2 Wheat
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2.2.3 Potato
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2.2.4 Cassava
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2.2.5 Other Sources
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2.3 By Application
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2.3.1 Confectionery
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2.3.2 Bakery
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2.3.3 Dairy
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2.3.4 Beverages
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2.3.5 Other Food and Beverage Applications
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 Germany
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Russia
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2.4.2.6 Spain
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 India
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2.4.3.3 Japan
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East & Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East & Africa
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Food Starch Market Size FAQs
What is the current Food Starch Market size?
The Food Starch Market is projected to register a CAGR of 6.35% during the forecast period (2024-2029)
Who are the key players in Food Starch Market?
Agrana, Cargill Incorporated, Grain Processing Corporation, National Starch Food Innovation and Roquette Freres Sa are the major companies operating in the Food Starch Market.
