IMARC Group, a leading market research company, has recently releases report titled “Native Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, The study provides a detailed analysis of the industry, including the global native starch market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the native starch market?
The global native starch market size reached 96.2 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 111.2 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.6% during 2024-2032.
Factors Affecting the Growth of the Native Starch Industry:
- Demand for Clean Label and Natural Ingredients:
The growing consumer demand for clean label and natural ingredients represents one of the key factors driving the growth of the market across the globe. Native starches are minimally processed and free from chemical modifications, thus making them ideal choices for consumers seeking transparency and simplicity in food and product labels. This trend aligns with the broader movement towards healthier and more natural eating habits, where consumers are avoiding additives and artificial ingredients. Native starches offer food manufacturers a clean label solution to thicken, stabilize, or texturize products, thus meeting the demands of health-conscious consumers.
- Versatile Applications Across Industries:
The market is also driven by the versatility of native starches across various industries. Beyond their use in the food and beverage sector, native starches find applications in pharmaceuticals, cosmetics, paper production, textiles, and more, which is contributing to the growth of the market. In the food industry alone, they serve as thickeners, stabilizers, and texturizing agents, which enhances the quality and sensory attributes of products. This versatility makes native starches indispensable ingredients, which is driving their demand across multiple sectors. Their ability to replace synthetic thickeners and stabilizers in various applications also contributes to their widespread adoption.
- Geographical Shift in Consumption Patterns:
The geographical shift in consumption patterns is acting as a major growth-inducing factor in the native starches market. Emerging economies, particularly in Asia Pacific and Latin America, are witnessing a surge in the consumption of native starches. This growth is fueled by the expansion of the food and beverage industry, changing dietary preferences, and increasing urbanization which is further influencing the market growth. As these regions adopt more Westernized eating habits, the demand for processed and convenience foods is rising, and native starches play a crucial role as key ingredients in various processed food products. The shift in consumption patterns is leading to increased production and consumption of native starches in these regions.
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Native Starch Market Report Segmentation:
Breakup By End Use:
- Sweeteners
- Ethanol
- Food Industry
- Paper Industry
- Others
Sweeteners are the largest end-use segment in the native starch market due to their wide application in the food and beverage industry, where native starches are used to produce sweeteners like corn syrup and high-fructose corn syrup, serving as essential ingredients in numerous products.
Breakup By Feedstock:
- Corn
- Wheat
- Cassava
Corn is the largest feedstock segment in the native starch market because of its abundance, high starch content, and versatility, thus making it the primary source to produce native starch used in various industries.
Breakup By Regional Insights:
- Production
- United States
- European Union
- China
- Others
- Consumption
- North America
- European Union
- Asia Pacific
- Latin America
- Middle East and Africa
North America is the largest consumer in the native starch market due to its well-established food and beverage industry, where native starches are widely used as ingredients and the region’s growing demand for processed and convenience foods.
Global Native Starch Market Trends:
The growing preference for native starches is driving the growth of the market across the globe. This is primarily due to their alignment with clean label trends, being minimally processed and free from additives and chemical modifications which is boosting the market. Native starches are sought after in the development of gluten-free products, catering to the increasing demand for gluten-free options due to dietary preferences and gluten-related health concerns. Companies are focusing on sustainable sourcing and production practices, including responsible agricultural methods and eco-friendly processing technologies, to meet the rising demand for environmentally conscious products.
Native starches are increasingly used as natural texturizing agents in various food applications, replacing synthetic thickeners and stabilizers. Native starches are finding novel applications beyond the food industry, including in pharmaceuticals, cosmetics, and the paper and textile industries, owing to their natural and biodegradable characteristics.
Leading Companies Operating in the Global Native Starch Industry:
- Cargill, Inc.
- Ingredion, Inc.
- Archer Daniels Midland Company (ADM)
- Tate & Lyle PLC
- Roquette Frères
- Tereos SA
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Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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