ID: MRFR/F-B & N/2019-CR | 132 Pages | Published By Sakshi Gupta on April 2017
Native starches market size is projected to reach USD 7.60 billion by 2030, expressing a CAGR of 4.10% throughout the forecast period.
Native Starches Market Scenario:
Native starch is manufactured by extracting starch from plant sources such as corn, cassava, potato, wheat and others. Native starches are starch granules isolated from plant source used as binders, texturizers, thickeners, stabilizers and setting agents. It is an essential ingredient for the food industry found in huge range of food products, as it improves the nutritional and sensory quality of food. In the food industry, starches are used as a thickener, gelling agent, or as a stabilizer to manufacture snacks, meat products, fruit juices and other food products.
Due to its low cost, easy availability, native starch is extensively used in various non-food applications. There is rise in demand from the personal care industry, native starches are widely used in personal care products, in cream emulsions, as talc substitutes, bio-degradable packaging material, and others. Globally the market for native starches is estimated to grow USD 7.60 billion at the rate of about 4.10% from 2022-2030.
The global native starches market is in the entire world; to name few regions where this market exist are North America, Europe, China and Asia Pacific. Among these APAC has the major market share followed by North America. Europe is projected to grow at the fastest rate in the coming years owing to increasing demand for natural and organic food additives. Due to the cheap raw materials & low production costs as well as less stringent environmental regulations Asia-Pacific region is in a better position to produce starch at more competitive prices than developed countries in European and North American regions.
Native starches market has been segmented on the basis of source of native starches, market is segmented into corn, wheat, cassava, potato, and other sources. On the basis of form, the market is segmented into powder, gel and others. On basis of application, market is segmented into food & beverages and non-food application, food application includes confectionery, processed food, beverages, and others. Non-food applications include corrugation and papermaking, personal care, pharmaceuticals, textiles, and others includes mining & drilling, construction & building, adhesives, chemicals and animal feed.
The leading market players in the global native starches market primarily are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France).
Regional and Country Analysis of Native starches Market Development and Demand Forecast to 2030 Market As per the MRFR analysis, the global native starches market is poised to reach 7.60 million in 2030, to grow at a CAGR of 4.10 % during the forecasted period. The reports also cover country-level analysis:
Asia – Pacific
|Market Size||USD 7.60 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Source, Form, Application, and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France)|
|Key Market Opportunities||Advanced Technology, Biofuel To Replace Fossil Fuel, Bio-Degradable Polymer|
|Key Market Drivers||The Trend For Additive-Free Foods Made With Recognizable Ingredients Continues To Grow, Growing Demand For Natural Personal Care Products|
The study period of the global native starches market is 2022-2030.
The native starches market is growing at a CAGR of 4.10% over the forecast period.
Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France) are the major companies operating in native starches market.
Asia-Pacific is expected register the highest CAGR during 2022 to 2030.