Food Starch Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Germany, UK, Japan - Size and Forecast 2024-2028

Food Starch Market Size 2024-2028 

The food starch market size is forecast to increase by USD 4.84 billion and is estimated to grow at a CAGR of 4.5% between 2023 and 2028. The plant-based food industry is experiencing significant growth, driven by several key factors. Firstly, there is a growing preference among consumers for plant-based alternatives to animal-derived thickening, gelling, and emulsifying agents. This trend is being fueled by increasing health consciousness and ethical considerations. Additionally, the demand for convenience foods continues to rise, making plant-based options more attractive to busy consumers. Furthermore, the expansion and growth of the food processing industry are creating new opportunities for plant-based food manufacturers. These factors are driving innovation and investment in the plant-based food sector, making it an exciting space to watch in the coming years. Plant-based alternatives offer the same functional benefits as their animal-derived counterparts, but with the added advantage of being sustainable, ethical, and often healthier. Companies are investing in research and development to create plant-based alternatives that mimic the texture, taste, and functionality of animal-derived products, making them an increasingly viable option for consumers.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

TheMarket is a significant sector in the global food industry, primarily driven by the increasing demand for convenience foods and the shift towards plant-based sources for complex carbohydrates. Food starches are derived from various sources such as cereals (wheat, corn, rice), potatoes, cassava, and tapioca. They find extensive applications in various food sectors, including bakery (bread, cookies, bread rolls), confectionery, dairy, beverages, sauces, and processed foods. Native starches and starch derivatives are the two main categories in the market. Native starches retain their original properties and are used in their raw form, while it undergoes chemical modifications to enhance their functional properties, such as heat resistance, acid resistance, and digestibility. The market for food starches is fueled by the growing demand for gluten-free products and the rising trend of dietary needs. Corn, wheat, potato, and rice are the primary sources for food starch production. Other sources like cassava, tapioca, and sweet potatoes are also gaining popularity due to their unique properties and health benefits. The market caters to various end-use industries, including bakery, confectionery, dairy, beverages, and processed foods. The demand for it is expected to remain robust due to their versatile applications and the increasing consumer preference for convenient and healthy food options. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Preference over animal-derived thickening, gelling, and emulsifying agents is notably driving market growth. The market encompasses a wide range of applications, including dairy, beverages, breakfast cereals, and processed foods. Native starches, derived from plant sources such as rice, tapioca, maize, and other starchy staples, serve as essential thickeners, binders, and stabilizers in these industries.

Moreover, starch intakes are a significant component of Western diets, contributing to complex carbohydrate requirements. Plant-derived alternatives have gained prominence due to the increasing demand for clean label products and natural ingredients. Starch sugars, oligosaccharides, sugar polyols, and starch sweeteners offer heat resistance and acid resistance, making them suitable for various food applications. Thus, such factors are driving the growth of the market during the forecast period.

Significant Market Trends

Rising online retail sales of food starch is the key trend in the market. The market experiences significant growth due to its extensive applications in various industries, including dairy, beverages, and breakfast cereals. Integrated supply chains ensure the efficient delivery of native starches, thickeners, binders, and stabilizers to manufacturers.

Moreover, in Western diets, starchy staples such as rice and tapioca continue to be major sources of complex carbohydrates, while starch intakes remain essential for maintaining butyrate levels in the body. Processed foods, snacks, and functional ingredients increasingly rely on food starch as a functional ingredient for mouthfeel, encapsulation, fat replacers, and starch sweeteners. Thus, such trends will shape the growth of the market during the forecast period.

Major Market Challenge

Stringent government regulations is the major challenge that affects the growth of the market. Food starch, a thickening and gelling agent, plays a significant role in various food industries, including dairy, beverages, and breakfast cereals, among others. In Western diets, starchy staples like rice and tapioca are primary sources of complex carbohydrates, and food starch is often used to enhance their texture and mouthfeel.

Moreover, native starches, derived from plant sources, are utilized as thickeners, binders, and stabilizers in processed foods, while modified starches offer improved heat resistance and acid resistance for specific applications. Starch intakes can influence butyrate levels in the gut, impacting digestibility and dietary needs. Hence, the above factors will impede the growth of the market during the forecast period

Exculsive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AGRANA Beteiligungs AG: The company offers food starch that are made with raw materials such as corn, potatoes and wheat and later used for numerous applications in widely different industries.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Archer Daniels Midland Co.
• Beneo GmbH
• Cargill Inc.
• Emsland Starke GmbH
• Global Bio chem Technology Group Co. Ltd.
• Grain Processing Corp.
• Ingredion Inc.
• KMC amba
• Qingdao CBH Co. Ltd.
• Qingdao Nuoxing Biotechnology Co. Ltd.
• Roquette Freres SA
• Royal Ingredients Group BV
• Royal Avebe
• SMS Corp. Co. Ltd.
• Sonish Starch Technology Co. Ltd.
• SPAC Starch Products India Pvt. Ltd.
• Sudzucker AG
• Tate and Lyle PLC
• Tereos Participations

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

By Type 

The maize segment is estimated to witness significant growth during the forecast period. The market encompasses a wide range of starches derived from various sources, including Convenience foods such as cereals, potatoes, and corn. These starches find extensive applications in various sectors, including the production of Gluten-free products, Bread, Cookies, Bread rolls, Sauces, and various other processed foods.

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The maize segment was the largest segment and valued at USD 7.36 billion in 2018. Remypure and Specialty starches are gaining popularity due to their unique properties, such as allergenicity and longer shelf life. Genetically modified organisms (GMOs) and Environmental concerns are significant factors influencing the market. Consumers are increasingly demanding Vegan and Organic trends in their food products. In the baking industry, Artisan bakery products are on the rise, requiring native starches to maintain their authentic texture and taste. Hence, such factors are fuelling the growth of this segment during the forecast period.

Regional Analysis

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APAC is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market caters to various industries, including convenience foods, cereals, bakery products, sauces, and beverages. Key applications include bread, cookies, bread rolls, and other baked goods, as well as sauces, remypure, and specialty starches. With the rise of gluten-free and allergenicity concerns, the market for starch in gluten-free products has gained significant traction. Genetically modified organisms (GMOs) and environmental concerns have influenced the market, with increasing demand for vegan and organic trends. Hence, suhc factors are driving the market in APAC during the forecast period.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• Type Outlook
  • Maize
  • Wheat
  • Others
• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

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• Paper Starch Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Canada, Germany, UK - Size and Forecast

Market Analyst Overview

The Market encompasses various types of starches derived from different sources such as cereals, potatoes, and roots like cassava. These starches are widely used in various food applications including convenience foods, bakery products, and sauces. Cereals and potatoes are major sources of food starch, with maize starch and corn syrups being the most commonly used types. In the bakery sector, food starch is used in bread, cookies, and bread rolls as a texturizer and stabilizer. In the confectionery industry, it acts as a thickener and binding agent in various products. Sauces and soups also use food starch for their thickening properties. Specialty starches like Remypure are gaining popularity due to their unique functional properties.

Moreover, allergenicity and the use of genetically modified organisms are concerns in the market. Environmental concerns and the rise of veganism are also influencing the market. Food additives like modified starch are used in meat products to improve texture and shelf life. Nutritional concerns such as cardiovascular disease, obesity, and cancer are driving the demand for low-fat, low-calorie, and natural sweetener-based food products. Organic trends are also impacting the market, with the demand for organic starches increasing. Native starch and starch derivatives are used in various applications like soups, modified starch, and confectionery. Corn, wheat, potato, and cassava are the major sources of food starch. The market is expected to grow due to the increasing demand for convenience foods and the rising popularity of artisan bakery products.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies