Market Size of Global Starch Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.55 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Starch Sweeteners Market Analysis
Global Starch Sweetener Market is projected to grow at a CAGR of 4.55% during the forecast period 2020-2025.
- The inclination toward low-calorie sweetener and low-calorie beverages, such as diet coke and low-calorie drinks, and low-calorie foods, such as yogurt, ice cream, and grain-based desserts, has gained popularity worldwide. The physiology of sweetness receptors is also being studied in greater detail, and to the depths that is unprecedented, with an endeavor to make food and beverages sweet without using sugar.
- Currently, the consumption of sugar substitutes, such as xylitol, erythritol, and mannitol, is increasing rapidly across the world. This is attributed to consumer awareness, government regulations to reduce sugar consumption, and application in many health and wellness food products in the market.
Starch Sweeteners Industry Segmentation
The global starch sweeteners market is segmented by product type, application, and geography. By product type, the market studied is segmented into dextrin, fructose, high-fructose corn syrup, glucose syrup, and sugar alcohols.The sugar alcohol segment is further classified into sorbitol, maltitol, xylitol, erythritol, and other sugar alcohols. By application, the report analyzes bakery, dairy and desserts, meat and meat products, soups, sauces, and dressings, beverages, confectionery, dietary supplements, and other applications. Furthermore, the report takes into consideration the market for starch sweeteners in established and emerging economies, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Product Type | |||||||
| Dextrin | |||||||
| Fructose | |||||||
| High-fructose Corn Syrup | |||||||
| Glucose Syrups | |||||||
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| By Application | |
| Bakery | |
| Dairy and Desserts | |
| Beverages | |
| Meat and Meat Products | |
| Soups, Sauces, and Dressings | |
| Confectionery | |
| Dietary Supplements | |
| Other Applications |
| Geography | ||||||||
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Global Starch Sweetener Market Size Summary
The starch sweetener market is experiencing significant growth, driven by the increasing consumer preference for low-calorie sweeteners and beverages. This trend is supported by a growing awareness of the health impacts of sugar consumption and the rising demand for sugar substitutes like xylitol, erythritol, and mannitol. The market is further bolstered by government regulations aimed at reducing sugar intake and the expanding application of these substitutes in health and wellness products. Wheat, corn, and potato are the primary feedstocks for starch production, with glucose syrups playing a crucial role in confectionery and brewing industries due to their anti-crystallizing properties. The European market is witnessing investments from starch manufacturers to enhance local production capabilities, while North America is seeing increased demand for low Glycemic Index sugar substitutes in processed foods and beverages.
The competitive landscape of the starch sweetener market is characterized by the presence of major global players such as Cargill, Tate & Lyle PLC, Tereos SA, Ingredion, and DuPont Danisco. These companies leverage their extensive product portfolios and strong geographical presence to maintain a competitive edge. They are focused on innovative product launches to meet diverse consumer preferences and are strategically exploring new markets and segments to sustain their growth. The demand for sweeteners like High Fructose Corn Syrup in confectionery and bakery applications is particularly strong in the United States, contributing to the market's expansion. The ongoing developments, such as the construction of new wheat starch facilities, are expected to further enhance the production capacity and market potential for starch-based sweeteners.
Global Starch Sweetener 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 Porters 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 Product Type
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2.1.1 Dextrin
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2.1.2 Fructose
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2.1.3 High-fructose Corn Syrup
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2.1.4 Glucose Syrups
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2.1.5 Sugar Alcohols
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2.1.5.1 Sorbitol
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2.1.5.2 Maltitol
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2.1.5.3 Xylitol
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2.1.5.4 Erythritol
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2.1.5.5 Other Sugar Alcohols
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2.2 By Application
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2.2.1 Bakery
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2.2.2 Dairy and Desserts
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2.2.3 Beverages
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2.2.4 Meat and Meat Products
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2.2.5 Soups, Sauces, and Dressings
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2.2.6 Confectionery
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2.2.7 Dietary Supplements
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2.2.8 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Spain
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2.3.2.5 Italy
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2.3.2.6 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle East and Africa
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Global Starch Sweetener Market Size FAQs
What is the current Global Starch Sweetener Market size?
The Global Starch Sweetener Market is projected to register a CAGR of 4.55% during the forecast period (2024-2029)
Who are the key players in Global Starch Sweetener Market?
Cargill Incorporated, The Archer Daniels Midland Company, Tereos SA , Ingredion Inc. and Tate & Lyle PLC are the major companies operating in the Global Starch Sweetener Market.
