North America Starch Derivatives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Starch Derivatives Market Analysis
North America Starch Derivatives Market is projected to grow at a CAGR of 4.6% during the forecast period (2020-2025).
- North America leads in the starch and starch derivatives market, due to the wide availability of corn, which has a broad array of food, non-food, and feed applications. Increasing adoption and awareness of the functionalities of starch and its derivatives in food and non-food industries in the countries have led to rapid demand for the ingredients for varied applications primarily countries like United States, Canada, and Mexico.
- A multitude of promising developments and innovations in the starch market is also poised to propel the demand for starch from the food industry in the region. A significant increase in demand for the weight management ingredients or food and functionally varied ingredients.
North America Starch Derivatives Market Trends
This section covers the major market trends shaping the North America Starch Derivatives Market according to our research experts:
Increased Utilization in Food and Beverage
Starch derivates have several applications in the food and beverage sector. Both modified and unmodified starches can act as gelling agents in confectionery applications. Several gelling starches (derived from maize and potato) are being used to partly replace/complement gelatin in gummy-type candies, in which a softer, less chewy/elastic consistency is wanted. Starches and starch-based offerings are also being used to texturize chewy-type candy. Resistant or indigestible starch is emerging as a functional ingredient in processed food products, due to its functionality that includes acting as a soluble fiber, which can be added to a number of foods to improve the texture and decrease the rate at which sugar enters the blood from digestion.
United States Dominates the Market
The major driver for the significant share of the United States starch derivatives market is the increasing consumer expectation for innovation and convenience. Another major driver for the United States starch derivatives market is the low price of corn starch in the region. The United States also has abundant availability of raw material, thus helping the market to grow further. The United States has influenced the global supply chain of corn for starch extraction and the resultant price trends. Innovation and developments of new products (such as n-octenyl succinic anhydride-modified starch) and diversified applications of such modified starch products are also a reason for growth.
North America Starch Derivatives Industry Overview
The North America starch derivatives market is highly competitive and revenue share is acquired by several local and international players which leads to a fragmented market. The presence of major players operating in the country, such as Cargill, Archer Daniels Midland Company, and Ingredion Incorporated, has strengthened the market through their product offerings. The major global players have vast product lines and geographical reach, which give them an upper hand. Continuous innovation to introduce new products, with functional benefits is the key competitive factor in the market, and key players have thus intensified their research and development efforts, in order to develop innovative products based on the requirements of the end-user industry.
North America Starch Derivatives Market Leaders
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Archer Daniels Midland Company
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Cargill, Incorporated
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Ingredion Incorporated
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Tate & Lyle PLC
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Roquette
*Disclaimer: Major Players sorted in no particular order
North America Starch Derivatives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Maltodextrin
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5.1.2 Cyclodextrin
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5.1.3 Hydrolysates
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5.1.4 Modified Starch
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5.1.5 Others
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5.2 By Source
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5.2.1 Corn
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5.2.2 Wheat
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5.2.3 Other Sources
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5.3 By Application
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5.3.1 Food and Beverage
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5.3.2 Feed
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5.3.3 Paper Industry
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5.3.4 Pharmaceutical Industry
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5.3.5 Bioethanol
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5.3.6 Cosmetics
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5.3.7 Other Industrial Applications
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexixo
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5.4.1.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Archer Daniels Midland Company
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6.4.2 Ingredion Incorporated
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6.4.3 Tate & Lyle PLC
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6.4.4 Roquette
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6.4.5 Cargill, Incorporated
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6.4.6 Royal Avebe U.A
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6.4.7 Beneo
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Starch Derivatives Industry Segmentation
The North America starch derivatives market is segmented by type into maltodextrin, cyclodextrin, hydrolysates, modified starch, and other types. Based on the source, the market is divided into corn, wheat, and other sources. The market is also fragmented based on the application, including food and beverage, feed, paper industry, pharmaceutical industry, bioethanol, cosmetics, and other industrial applications. The study also involves the analysis of regions such as the United States, Canada, Mexico and the rest of North America.
| By Type | |
| Maltodextrin | |
| Cyclodextrin | |
| Hydrolysates | |
| Modified Starch | |
| Others |
| By Source | |
| Corn | |
| Wheat | |
| Other Sources |
| By Application | |
| Food and Beverage | |
| Feed | |
| Paper Industry | |
| Pharmaceutical Industry | |
| Bioethanol | |
| Cosmetics | |
| Other Industrial Applications |
| Geography | ||||||
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North America Starch Derivatives Market Research FAQs
What is the current North America Starch Derivatives Market size?
The North America Starch Derivatives Market is projected to register a CAGR of 4.60% during the forecast period (2024-2029)
Who are the key players in North America Starch Derivatives Market?
Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle PLC and Roquette are the major companies operating in the North America Starch Derivatives Market.
What years does this North America Starch Derivatives Market cover?
The report covers the North America Starch Derivatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Starch Derivatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Starch Derivatives Industry Report
Statistics for the 2024 North America Starch Derivatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Starch Derivatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
