Starch Derivatives Market Size was valued at USD 35.5 billion in 2023. The starch derivatives industry is projected to grow from USD 38.9 Billion in 2024 to USD 67.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.70% during the forecast period (2024 - 2032). Health advantages and expanding application fields are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
A primary driver driving the food business and, in turn, the market for starch derivatives is the expanding worldwide population and the rise in disposable personal income. Due to its low manufacturing costs, ease of processing, biodegradability, exceptional physiochemical properties, and high calorific value, it is a popular product in the pharmaceutical, paper, textile, and many other sectors. Due to changing consumer preferences for a healthy appetite and rising consumer worries about nutrition and health, market expansion is definitely favourable. Due to the increasing demand for natural sweeteners in carbonated soft drinks and energy drinks, penetration will increase during the predicted period. Market penetration is anticipated to be supported by an increase in the component's use across a number of industries, including the manufacturing of biofuels and glue.
In addition, it is used in the chemical, agricultural, medical, and healthcare sectors as a culture medium, a bulking agent, a caking agent, a dehumidifier, and a bulking agent. The paper and pulp business uses surface sizer, corrugated paper, layer binder, and gummed tape as wet end additives. It is used in the textile industry for printing, glass fibers, warp sizing, spray sizing, and finishing. They are also used in dry cells, cement retardants, thickeners for acid pickling, ceramic fibers, and a variety of other applications.
Starch derivatives make up more than half of the market for starch derivatives and are utilized as thickeners, emulsifiers, gelling agents, and film-forming additives in the food industry. The range of uses for modified starches has been greatly increased as a result of their better functionality. How well starches perform in the marketplace is greatly influenced by their functional characteristics.
The starch derivatives market segmentation, based on type, includes maltodextrin, cyclodextrin, glucose syrups and hydrolysates. Glucose syrup dominated the international starch derivatives market, accounting for more than 55.0% of total volume. Due to increased consumption of ice cream, desserts, bakery items, processed meats, and sauces, the segment is likely to grow significantly throughout the projection period. Increased consumption of glucose in non-food applications such as cosmetics, medicines, adhesives, textiles, paper, and plywood is predicted to drive demand. It also acts as a taste enhancer, volume adder, texture agent, and inhibitor of sugar crystallization in beverages.
Figure 1: Starch Derivatives Market, by type, 2022 & 2030 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The starch derivatives market segmentation, based on application, includes food & beverages, cosmetics, animal feed, paper and pharmaceutical. The food and beverage category is expected to be the largest market. Starch derivatives have been around for a long time, and the food and beverage industry is starting to concentrate increasing attention on their applications. They are used in a variety of food applications due to their functional properties. Starch derivatives have developed as a significantly successful ecologically friendly product as a binding and gelling agent. Because of growing sugar levels, the food and beverage industry has seen an increase in the demand for starch.
The starch derivatives market data has been bifurcated by function into stabilizing, emulsifying, binding and thickening. Corn dominated the market for starch derivatives. Corn is a staple food that is popular around the world due to its importance in many countries' diets. It is widely used as a thickening agent in soups and other liquid-based foods like sauces, gravies, and custards.
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific region currently holds the biggest market share for starch derivatives. This is projected to continue throughout the duration of this report. The reasons for this are that these countries' middle classes are quickly expanding, particularly in India and China. This should continue for the duration of the report. As these classes become wealthier, they desire better-tasting and more nutritious food. As a result, demand for food processed using starch derivatives is increasing throughout the Asia-Pacific area.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: STARCH DERIVATIVES MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe starch derivatives market accounts for the second-largest market share. The region's growing use of starch derivatives in the food and beverage industries is the primary driver of the industry. Furthermore, because starch derivatives are imported from other countries, the price is expected to rise. Further, the Germany starch derivatives market held the largest market share, and the UK starch derivatives market was the fastest growing market in the European region
The North American Starch Derivatives Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the widespread availability of corn, which has a wide range of applications in food, non-food, and feed. Moreover, China starch derivatives market held the largest market share, and the India starch derivatives market was the fastest- growing market in the North American region
Leading market companies are investing heavily in R&D to expand their product lines, which will help the starch derivatives market, grow even more. Key market developments include new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other companies. Competitors in the starch derivatives sector must produce cost-effective items to expand and survive in a more competitive and developing market environment.
Manufacturing locally to minimize operating costs is one of the key business tactics used by manufacturers in the worldwide starch derivatives industry to benefit clients and increase the market sector. In recent years, the starch derivatives sector has offered some of the most significant benefits to medicine. Major players in the starch derivatives industry, including Archer Daniels Midland Company (US), Agrana Group (Austria), Avebe U.A. (The Netherlands), Beneo GmbH (Germany), and others, are aiming to increase market demand by investing in research and development operations.
The Archer-Daniels-Midland Company, also known as ADM, is a multinational American corporation that was established in 1902 and has its corporate headquarters in Chicago, Illinois. Cereal grains and oilseeds are processed at the company's more than 270 plants and 420 crop procurement sites across the world into goods that are used in the food, beverage, nutraceutical, industrial, and animal feed sectors. In March 2020, Archer Daniels Midland Company acquired a 50% equity stake in Russia-based Aston Foods and Food Ingredients' sweeteners and starches business. This investment was a significant addition to ADM's corn business expansion efforts.
Tate & Lyle PLC is a multinational company with headquarters in the United Kingdom that provides industrial markets with food and beverage ingredients. It started out as a company that refined sugar, but starting in the 1970s, it started to diversify. In 2010, it sold its sugar business. It focuses in turning raw materials such as corn and tapioca into additives that contribute flavour, texture, and nutrition to food and beverages. It is a part of the FTSE 250 Index and is traded on the London Stock Exchange. In March 2020, Tate & Lyle added Claria Everlast to its lineup of Claria clean label starches. The starch is intended to address formulation issues with chilled and freeze-thaw stability in products including frozen dinners, sauces, and yogurts. The ingredient is non-GMO, has a fresh flavor, and is colorless.
Starch Derivatives Industry Developments
In April 2022, Ingredion Inc. announced that it intended to construct an integrated modified starch factory in China that would greatly increase production capabilities close to its Shandong site and more than double its existing capacity.
In November 2021, Roquette created Roquette pea starch LN 30, a product suitable for active nutrition applications in powder shake and snack bar forms. The unique pea starch is slowly digested, according to a Roquette digestibility analysis (patent pending), and may provide a steady and easily accessible energy to work harder for longer.
In March 2021, Ingredion EMEA added ULTRA-TEX 1311 modified potato starch to their lineup of potato-based products for the United States and Canada. This starch is ideal for dairy desserts.
Starch Derivatives Type Outlook
Starch Derivatives Application Outlook
Starch Derivatives function Outlook
Starch Derivatives Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 35.5 billion |
| Market Size 2024 | USD 38.9 billion |
| Market Size 2032 | USD 67.8 billion |
| Compound Annual Growth Rate (CAGR) | 9.70% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2020- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, By Application, By Function and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Archer Daniels Midland Company (US), Agrana Group (Austria), Avebe U.A. (The Netherlands), Beneo GmbH (Germany), Cargill Incorporated (US), Emsland-Stärke GmbH (Germany). |
| Key Market Opportunities | Manufacturers are being compelled by the rise in demand for starch derivatives to consider alternative starchy plants. |
| Key Market Dynamics | Individuals desire to eat healthy food everywhere. |
Starch Derivatives Market Highlights:
Frequently Asked Questions (FAQ) :
The starch derivatives market size was valued at USD 35.5 Billion in 2023.
The market is projected to grow at a CAGR of 9.70% during the forecast period, 2024-2032.
Asia Pacific had the largest share in the market
The key players in the market are Archer Daniels Midland Company (US), Agrana Group (Austria), Avebe U.A. (The Netherlands), Beneo GmbH (Germany).
The glucose syrups starch derivatives category dominated the market in 2023.
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