Market Size of Industrial Starches Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 57.21 Billion |
| Market Size (2029) | USD 74.41 Billion |
| CAGR (2024 - 2029) | 5.40 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Industrial Starch Market Analysis
The Industrial Starches Market size is estimated at USD 57.21 billion in 2024, and is expected to reach USD 74.41 billion by 2029, growing at a CAGR of 5.40% during the forecast period (2024-2029).
Starch is a carbohydrate extracted from agricultural raw materials, which finds applications in many everyday food and non-food products. Industrial starches are derived from various sources, including corn, potato, wheat, and other sources. With the global economy gradually improving and resulting in an increased intake of processed and convenience foods, the market for industrial starch, which finds substantial usage in these food applications, is finding increased demand, thereby driving the overall market.
The demand for modified starches is increasing in parallel with the rapid development of the food industry. Modified starches offer many functional benefits to various foods, such as bakeries, snacks, beverages, and nutritional foods. Currently, a wide range of starches are available in the market, studied in the form of native starches, modified starches, malt dextrin, starch-based sugars, and others. These starches have expanding applications, primarily in the beverage and confectionery industries and the pharmaceutical and fermentation industries, among others, driving the market.
