Global Arrowroot Starch Market Overview
Arrowroot Starch Market Size was estimated at 4.71 (USD Billion) in 2022. The Arrowroot Starch Industry is expected to grow from 4.86(USD Billion) in 2023 to 6.4 (USD Billion) by 2032. The Arrowroot Starch Market CAGR (growth rate) is expected to be around 3.11% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Arrowroot Starch Market Trends Highlighted
The Market of Arrowroot Starch is witnessing several major trends shaping its landscape. Rising consumer awareness about health and fitness has fueled the demand for natural and gluten-free ingredients, driving growth in the arrowroot starch market. The increasing adoption of arrowroot starch as a thickener and stabilizer in food and beverage applications has further bolstered its popularity. Moreover, the growing preference for organic and non-GMO ingredients is creating lucrative opportunities for manufacturers of arrowroot starch. As a result, key market players are focusing on expanding their production capacities and developing innovative products to cater to the evolving demands of consumers.
Arrowroot Starch Market Drivers
Rising Demand for Gluten-Free Products
An increase in the cases of celiac disease, as well as gluten intolerance, has raised the demand for gluten-free products. As an organic, gluten-free thickener, arrowroot starch has turned out to be the most preferred ingredient in the preparation of gluten-free bread, pasta, and baked foods. The increased demand for gluten-free products, as well as gluten-free diets, can be termed as the main factor affecting its demand in the future.
Growth of the Food and Beverage Industry
Another major growth driver for the arrowroot starch market is the expanding food and beverage industry. Arrowroot starch is extensively used as a thickener and stabilizer in a large number of food and beverage products, including soups, sauces, gravies, and desserts. With their ever-increasing disposable incomes, there has been a hike in the purchase of processed and convenience foods, which has, in turn, boosted the food and beverage industry, thereby driving the arrowroot starch market.
Expansion of the Pharmaceutical and Personal Care Industries
Arrowroot starch also finds application in the pharmaceutical and personal care industries. It is used as a binder and disintegrant in tablets and capsules. Additionally, arrowroot starch is used in the production of cosmetics and personal care products, such as lotions, creams, and powders.
Arrowroot Starch Market Segment Insights
Arrowroot Starch Market Application Insights
The importance and role of the application segment in shaping the dynamics of the Arrowroot Starch Market. In 2023, the food and beverages segment was the major one for the market and will hold almost 58% of the revenue. The product's demand in food and beverages is explained by its excellent thickening and gelling properties. The ingredient is widely used in a variety of food products, such as sauces, soups, gravies, and baked products. Besides, the growing popularity of gluten-free and low-carb diets also fuels the demand for arrowroot starch, which is used as a wheat flour alternative.This significant segment is followed by the pharmaceutical one, which is expected to grow at a rate of 4.2% till 2032. This pace of growth is determined by the prospects of the pharmaceutical industry and its increasing demand in a range of emerging markets. Since the ingredient is inert, it can be used in the production of capsules, tablets, and other medicines and facilitate their delivery. In this way, the increasing pharmaceutical production and consumption will boost the sales and revenues of the market under consideration. The cosmetic and personal care segment is another area that can be of interest and can grow at a rate of 3.8% till 2032.Arrowroot starch is used in cosmetics to absorb moisture, prevent oil production, and offer a smooth sensation. The ingredients can be found in powders, lotions, and deodorants. The growing consumer concern about natural cosmetics explains the increasing demand for this product to be used in this segment. The industrial area is less significant as it accounts for only about 9% of the revenue. However, this segment is also expected to grow at a rate of 4.3% till 2032. The researchers note that the industrial area includes papermaking, textiles, and adhesives, among others.In these spheres, arrowroot starch is added to boost viscosity and provide adhesiveness. In general, it should be stated that the major application segment is food and beverages, but the prospects for the other segments, such as pharmaceutical, cosmetics and personal care, and industrial, are also promising. The growth in these areas can be partially explained by the increasing international consumption of the goods and products from these categories or the growth and expansion of the industries.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Arrowroot Starch Market Type Insights
The Arrowroot Starch Market Segmentation by Type includes Native Arrowroot Starch and Modified Arrowroot Starch. Native Arrowroot Starch held the largest market share in 2023, owing to its wide range of applications in the food and beverage industry. Modified Arrowroot Starch is expected to witness significant growth over the forecast period due to its improved functional properties and a wider range of applications in various industries, including food, pharmaceuticals, and personal care. The Arrowroot Starch Market revenue from Native Arrowroot Starch is projected to reach 3.24 Billion USD by 2032, while Modified Arrowroot Starch is anticipated to reach 0.88 Billion USD by the end of the forecast period.The rising demand for clean labels and natural ingredients in the food industry is expected to drive the growth of Native Arrowroot Starch over the next decade. Modified Arrowroot Starch is expected to gain traction due to its superior properties, such as enhanced stability, thickening, and gelling capabilities, which make it a suitable ingredient in various food, pharmaceutical, and cosmetic formulations.
Arrowroot Starch Market Organic vs Non-Organic Insights
The Arrowroot Starch Market is segmented into Organic and Non-Organic. The Organic Arrowroot Starch segment is projected to witness significant market growth over the forecast period. Organic Arrowroot Starch is gaining popularity due to the increasing consumer preference for natural and organic products. Consumers are becoming more health-conscious and are seeking products that are free from harmful chemicals and pesticides. Organic Arrowroot Starch is produced using organic farming practices, which involve the use of natural fertilizers and pest control methods.This makes it a more sustainable and environmentally friendly option compared to Non-Organic Arrowroot Starch. The Non-Organic Arrowroot Starch segment is expected to hold a larger market share during the forecast period. Non-Organic Arrowroot Starch is produced using conventional farming practices, which involve the use of synthetic fertilizers and pesticides. This makes it a more cost-effective option compared to Organic Arrowroot Starch. However, the demand for Non-Organic Arrowroot Starch is expected to decline over the forecast period as consumers become more aware of the potential health risks associated with the use of synthetic chemicals.
Arrowroot Starch Market Distribution Channel Insights
The Arrowroot Starch Market segmentation by Distribution Channel is categorized into Direct Sales, Retail Sales, and Online Sales. The Direct Sales segment dominates the market with a share of over 45% in 2023 and is projected to maintain its dominance during the forecast period. This is attributed to the strong relationships between manufacturers and industrial consumers, as well as the ability to provide customized solutions and technical support. The Retail Sales segment is expected to grow at a steady pace during the forecast period, primarily driven by the increasing demand for arrowroot starch in household applications.The Online Sales segment is anticipated to witness significant growth, owing to the rising popularity of e-commerce and the convenience it offers to consumers.
Arrowroot Starch Market Regional Insights
The Arrowroot Starch Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to dominate the market in the coming years due to the increasing demand for arrowroot starch in the food and beverage industries. In 2024, the APAC regional market is expected to be valued at USD 2.4 billion, with a significant market share. The North American market is also expected to witness steady growth over the forecast period, owing to the rising demand for clean-label and gluten-free food products. The European market is expected to grow at a moderate pace, with increasing demand from the food and beverage industries.The South American and MEA markets are anticipated to show potential growth opportunities in the coming years. The Arrowroot Starch Market is driven by factors such as the rising demand for gluten-free and non-GMO food products, increasing awareness about the health benefits of arrowroot starch, and the growing popularity of clean-label products.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Arrowroot Starch Market Key Players And Competitive Insights
The major players in the Arrowroot Starch Market are making constant efforts to maintain their position in the market. To gain a competitive edge, leading players adopt various strategies, such as product innovation, acquisitions, and collaborations. Besides, leading Arrowroot Starch Market players are concentrating on expanding their product portfolios as per the requirements of the customers. Moreover, companies are investing in R&D activities to improve the functional properties of arrowroot starch and develop new applications. The Arrowroot Starch Market Competitive Landscape consists of many key players as well as new entrants. Established players hold a strong hold over the market owing to their robust distribution networks, brand image, and customer base. Besides, new entrants leverage recent technological developments to introduce innovative products in the market.
Cargill, Incorporated is the highest-grossing company in the Arrowroot Starch Market. The company supplies a variety of arrowroot starch products, such as native, modified, and organic. Cargill boasts a strong presence worldwide and supplies a wide range of products to the food and beverage, pharmaceutical, and personal care industries. Being highly committed to sustainability and ethical sourcing, Cargill is a responsible player in the Arrowroot Starch Market. These initiatives, along with its robust brand image, vast distribution network, and product innovation, will help Cargill remain a dominant player in the Arrowroot Starch Market across the globe.
Tate Lyle PLC is one of the major players in the Arrowroot Starch Market. The company supplies a variety of starch products, including arrowroot starch, corn starch, and wheat starch. Tate Lyle caters to the food and beverage market and supplies its products to well-known manufacturers worldwide. In addition, the company boasts many manufacturing facilities worldwide and ensures that its clients receive high-quality and sustainable starch products. Product innovation and customer service focus have collectively enabled Tate Lyle to gain a high Arrowroot Starch Market share.
Key Companies in the Arrowroot Starch Market Include
- Royal DSM N.V.
- The Sago Company
- The ArcherDanielsMidland Company
- Tate Lyle PLC
- Ingredion Incorporated
- Agrana BeteiligungsAG
- Cargill, Incorporated
- Tereos Starch Sweeteners
- Glanbia Plc.
- Avebe U.A.
- Archer Daniels Midland Company
- Emsland Group
- National Starch and Chemical Company
Arrowroot Starch Market Industry Developments
The arrowroot starch market is projected to reach USD 6.4 billion by 2032, exhibiting a CAGR of 3.11% during the forecast period. The increasing demand for gluten-free and clean-label food products is driving market growth. Arrowroot starch is a natural thickener and stabilizer used in various food and beverage applications, including sauces, soups, and baked goods. The growing trend towards veganism and plant-based diets is also contributing to the market's expansion. Key market players are focusing on product innovation and expanding their geographical presence to cater to evolving consumer preferences. Recent advancements include the development of modified arrowroot starches with improved functionality and cost-effectiveness.
Arrowroot Starch Market Segmentation Insights
- Arrowroot Starch Market Application Outlook
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Industrial
- Arrowroot Starch Market Type Outlook
- Native Arrowroot Starch
- Modified Arrowroot Starch
- Arrowroot Starch Market Organic vs Non-Organic Outlook
- Organic Arrowroot Starch
- Non-Organic Arrowroot Starch
- Arrowroot Starch Market Distribution Channel Outlook
- Direct Sales
- Retail Sales
- Online Sales
- Arrowroot Starch Market Regional Outlook
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.71(USD Billion) |
| Market Size 2023 |
4.86(USD Billion) |
| Market Size 2032 |
6.4(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.11% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Royal DSM N.V., The Sago Company, The ArcherDanielsMidland Company, Tate Lyle PLC, Ingredion Incorporated, Agrana BeteiligungsAG, Cargill, Incorporated, Tereos Starch Sweeteners, Glanbia Plc., Avebe U.A., Archer Daniels Midland Company, Emsland Group, National Starch and Chemical Company |
| Segments Covered |
Application, Type, Organic vs Non-Organic, Distribution Channel, Regional |
| Key Market Opportunities |
Growing demand from the food industry, Expanding applications in pharmaceuticals, Rising health consciousness, Â Increasing consumer preference for natural ingredients, Booming ecommerce platforms |
| Key Market Dynamics |
Rising health consciousness, Increasing gluten-free food trends, Expanding applications in the food and beverage industry Growing demand from emerging markets Innovations in extraction and processing techniques. |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Arrowroot Starch Market is anticipated to reach a valuation of approximately 4.86 billion USD in 2023.
The Arrowroot Starch Market is projected to expand at a CAGR of roughly 3.11% from 2024 to 2032.
The Asia-Pacific region is anticipated to dominate the Arrowroot Starch Market in 2023, primarily driven by the increasing demand for gluten-free products in countries like China and India.
Arrowroot Starch finds applications in diverse industries, including food, beverage, pharmaceuticals, cosmetics, and papermaking, owing to its thickening and binding properties.
Archer Daniels Midland Company, Cargill, Incorporated, and Ingredion Incorporated are among the leading players in the Arrowroot Starch Market.
The Arrowroot Starch Market is estimated to reach approximately 6.4 billion USD by 2032.
Rising consumer awareness about gluten-free products, increasing demand for natural and organic ingredients, and expanding applications in various industries are key factors propelling the growth of the Arrowroot Starch Market.
Fluctuations in raw material prices, intense competition, and stringent regulations regarding food additives pose potential challenges to the growth of the Arrowroot Starch Market.
The Asia-Pacific region is anticipated to exhibit the highest growth rate in the Arrowroot Starch Market due to the rising disposable income and increasing health consciousness among consumers.
Growing demand for clean-label products, innovation in product development, and increasing focus on sustainability are shaping the future of the Arrowroot Starch Market.
