Market Size of Food Starch Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.35 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Food Starch Market Analysis
The global food starch market is projected to grow at a CAGR of 6.35% during the forecast period, 2020-2025.
- The market is competitive and driven by an increase in the trend of 'health and wellness' and growing consumer demand for all-natural ingredients. The abundance of raw supplies, integrated supply chain, and diversifying usage of starch across end-user industries are few other factors that further boost the market demand across the globe.
- Cereals, particularly bread and breakfast cereals, and potatoes make the major contribution to starch intakes in western diets. Starch intakes are considerably higher in countries dependent on starchy staples to a greater degree, such as China, and Japan.
Impact of COVID-19 on the Market:
- COVID-19 has resulted in a devastating impact on the starch market in two main ways: by directly affecting production and demand, and by creating supply chain and market disruption.
- However, starch's potential to fight Covid-19 is being recognised by many research studies, which is thereby creating ample room to rebalance the starch industry even in the face of persistent COVID-19 restrictions. For instance, the Yale University collaborated with the University of Michigan and the University of Minnesota and evaluated the efficacy of resistant potato starch in reducing the rates of hospitalisation and improving time to clinical recovery in non-hospitalised COVID-19 patients. The results stated that the resistane potato starch (RPS) has shown to decrease IL-6 in humans, partly through its ability to increase butyrate levels, that reduces ACE2 receptor expression, which is the main entry mechanism for COVID-19 into epithelial lung cells.
