Food Starch Market by Type and Geography - Forecast and Analysis 2022-2026

The food starch market share is expected to increase by USD 5.88 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.35%.

This food starch market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers food starch market segmentation by type (maize, wheat, and others) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The food starch market report also offers information on several market vendors, including Archer Daniels Midland Co., AGRANA Beteiligungs AG, Beneo GmbH, Cargill Inc., Cooperatie Koninklijke Avebe U.A., 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, SMS Corp. Co. Ltd., Sonish Starch Technology Co. Ltd., SPAC Starch Products India Pvt. Ltd., Sudzucker AG, Tate and Lyle Plc, and Tereos Group among others.

What will the Food Starch Market Size be During the Forecast Period?

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Food Starch Market: Key Drivers, Trends, and Challenges

The preference over animal-derived thickening, gelling, and emulsifying agents is notably driving the food starch market growth, although factors such as stringent government regulations may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the food starch industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Food Starch Market Driver

The preference over animal-derived thickening, gelling, and emulsifying agents is one of the key drivers supporting the food starch market growth. Traditional food thickening, gelling, and emulsifying agents are animal-derived ingredients and are produced using the skin and bones of different animal sources, such as cattle, pigs (swine), and fish. However, the changing food preferences of people for a vegan diet are pushing up the demand for plant-based food products. Veganism is gaining traction progressively among consumers around the world. It strongly favors animal rights and is concerned for the environment. Consumers who embrace veganism are making conscious efforts to refrain from consuming food products of animal origin. Such increasing vegan consumers will drive market growth during the forecast period.

Key Food Starch Market Trend

Rising online retail sales of food starch is one of the key food starch market trends contributing to the market growth. Customers prefer online shopping and pay for their orders using credit or debit cards, which helps them avoid time-consuming journeys and billing queues. Online shopping portals have also incorporated enhanced security features for efficient customer service and payments, along with customer-friendly website designs offering enhanced product visibility. This trend is encouraging various manufacturers to concentrate on the Internet-savvy customer segment and explore new food starch online retail formats. This, in turn, will propel the market growth during the forecast period.

Key Food Starch Market Challenge

Stringent government regulations is one of the factors hindering the food starch market growth. Primarily, thickening and gelling agents, such as food starch, are food additives. They can be added to food products as per the laws and regulations imposed by regulatory authorities across countries worldwide. For instance, the National Food Safety and Quality Service (SENASA) of Argentina, the Canadian Food Inspection Agency (CFIA), the US FDA, the World Health Organization (WHO), and the European Food Safety Authority (EFSA) are some of the international regulatory bodies associated with food safety regulations. These regulatory bodies conduct studies and clinical trials to assess the impact of all food additives, including food starch, on human health. These regulatory bodies have control over the use of different food additives and chemicals that are used directly or indirectly in food processing. However, these regulations are anticipated to hinder market growth in the coming years.

This food starch market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global food starch market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the food starch market during the forecast period.

Who are the Major Food Starch Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Archer Daniels Midland Co.
• AGRANA Beteiligungs AG
• Beneo GmbH
• Cargill Inc.
• Cooperatie Koninklijke Avebe U.A.
• 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
• SMS Corp. Co. Ltd.
• Sonish Starch Technology Co. Ltd.
• SPAC Starch Products India Pvt. Ltd.
• Sudzucker AG
• Tate and Lyle Plc
• Tereos Group

 

This statistical study of the food starch market encompasses successful business strategies deployed by the key vendors. The food starch market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, packaging, brand image, distribution, and promotion to compete in the market.

Product Insights and News

• Adm.com - The company offers food starch that has dietary fiber, low digestible carb, gluten-free, grain-free, non-GMO, and can easily replace flour to boost fiber without sacrificing performance.
• Agrana.com - The company offers food starch that is made with raw materials such as corn, potatoes, and wheat and later used for numerous applications in widely different industries.
• Beneo.com - The company offers food starch that is derived from different rice varieties which are available in cook-up or instant forms.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The food starch market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Food Starch Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the food starch market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Food Starch Market?

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35% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the food starch market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Another region offering significant growth opportunities to vendors is North America. The growing food and beverage industry will facilitate the food starch market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In Q1 2020, vendors in the regional food starch market faced the negative impact of the COVID-19 pandemic on their business operations. However, in 2021, due to the availability of vaccines and reduction in COVID-19 cases, the COVID-19-related restrictions eased in the region. As a result, the regional demand for food starch rebounded. Thus, the increasing consumption of packaged food in the US and Canada will thus drive the growth of the regional market during the forecast period.

What are the Revenue-generating Type Segments in the Food Starch Market?

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The food starch market share growth in the maize segment will be significant during the forecast period. Maize starches are some of the common emulsifiers and stabilizers used by the beverage industry. These starches are considered important additives in beverages and are used to stabilize and protect flavors in beverage emulsions. Thus, beverage manufacturers need to select maize starches as per the design, formulation, and production of beverage emulsions. Thus, the growing usage of maize starch in the food and beverage industry will augment the growth of the segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the food starch market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Food Starch Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.35%
Market growth 2022-2026	$ 5.88 billion
Market structure	Fragmented
YoY growth (%)	4.78
Regional analysis	North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 35%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Archer Daniels Midland Co., AGRANA Beteiligungs AG, Beneo GmbH, Cargill Inc., Cooperatie Koninklijke Avebe U.A., 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, SMS Corp. Co. Ltd., Sonish Starch Technology Co. Ltd., SPAC Starch Products India Pvt. Ltd., Sudzucker AG, Tate and Lyle Plc, and Tereos Group
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Food Starch Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive food starch market growth during the next five years
• Precise estimation of the food starch market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the food starch industry across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of food starch market vendors

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