Starch and Starch Derivatives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Starch and Starch Derivatives Market is segmented by Type (Native Starch and Modified Starch), by Application (Food and Beverages, Pharmaceuticals, Personal Care, Animal Feed, Paper and Corrugating, and Other Applications), by Source (Corn, Wheat, Potato, Cassava, and Other Sources), and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The report offers market size and forecasts in value (USD million) for the above segments.

Starch & Starch Derivatives Market Size

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starch and starch derivatives market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.40 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration High

Major Players

starch and starch derivatives market share

*Disclaimer: Major Players sorted in no particular order

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Starch & Starch Derivatives Market Analysis

The global starch and starch derivatives market is projected to register a CAGR of 5.40% during the forecast period, 2022-2027.

The demand for modified starches has been increasing in parallel to the rapid development of the food industry. Modified starches offer a tremendous number of functional benefits to a variety of foods, such as bakeries, snacks, beverages, as well as nutritional foods.

Also, naturally derived rice starches have strong freeze-thaw, acid, and process stability, making them ideal for use in packaged sauces, as well as frozen products. As a natural fat replacer, rice starch brings creaminess to low-fat versions of dairy desserts, ready meals, soups, and sauces, as well as fillings.

The COVID-19 pandemic placed unprecedented stresses on food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. The effect on the agricultural sectors, including corn, potato, tapioca, and wheat, followed by its intermediate product, such as starches, is marginal, owing to the support of the government that ensured that the supply chain function smoothly in the face of the crisis by stabilizing the food systems, thereby supporting both food security and nutrition. According to the World Bank, the import of legumes (including peas) and pulses from January 2019 to February 2020 declined by 6%, owing to supply chain disruptions, followed by export restrictions. The export restrictions have a direct impact on the prices of the agricultural commodities, comprising all the raw materials, which is expected to automictically have a negative price effect on its processed ingredients, including industrial starches.

Starch & Starch Derivatives Market Trends

This section covers the major market trends shaping the Starch & Starch Derivatives Market according to our research experts:

Growing Food Processing Sector Globally

Starch derivatives with high tolerance to processing conditions are expected to be increasingly incorporated in the specialty applications, such as functional foods, pharmaceutical solutions, as well as sophisticated paper-based applications. The general health and wellness trend has provided the starch market with a distinct direction for new product development, which includes a clean label and exhibits enhanced functionality.

Furthermore, owing to the high incidence of obesity, there is an increasing demand for healthy foods and beverages among consumers, which further fuels the demand for starches in convenience and processed foods. According to a survey by Office for National Statistics (UK), the sales volume of potato starch increased to approximately 38.9 million tons in 2020.

Additionally, manufacturers are investing in developing clean label solutions, owing to the growing demand for clean label food products among consumers across the world. Such factors are anticipated to drive market growth in the coming years. For instance, in March 2020, Tate & Lyle expanded its line of Claria clean label starches and launched Claria Everlast. The starch is designed to solve formulation challenges related to refrigerated and freeze thaw stability in categories, such as frozen meals, sauces, and yogurts. The ingredient is not-GMO and has a clean taste and neutral color.

starch and starch derivatives market trends

Asia-Pacific is the Fastest Growing Region

The starch and starch derivatives market in Asia-Pacific is experiencing rapid expansion due to the growing demand for non-GMO and organic ingredients in the region has led the manufacturers to introduce new lines of specialty starches, especially for applications in the food industry, including dressings, sauces, bakery fillings, ice creams, yogurt, soups, bakery items, beverages, meat, and dry sausages. There has been a significant increase in the demand for all forms of ready-to-eat or convenience food and beverage products, owing to increasingly busy lifestyles and the rising working population in the countries of Asia-Pacific. The food processing industry is thus expected to have significant growth and generate new opportunities for investment and exports for these developed countries.

The application of modified starch in varied applications is widely contributing to the Chinese market. It aids in thickening or stabilizing food products, especially sauces. Thus, with the rising market for sauces and condiments, the starch and starch derivatives market is also growing at a faster pace. For instance, in April 2021, Cargill partnered with Starpro, a key food grade tapioca starch producer in Thailand, and expanded its specialty tapioca starch offerings in the Asia-Pacific region. The collaboration is expected to support the product processing requirements of food manufacturers and meet the sensory expectations of consumers.

starch and starch derivatives industry

Starch & Starch Derivatives Industry Overview

The global starch and starch derivatives market is highly fragmented, with many local and international players in the market. The key players in the market are Tate & Lyle PLC, Cargill Incorporated, Archer Daniels Midland Company, Ingredion Inc., and Roquette Frères among others. These companies have set their focus on research and development, expansion, partnership, and innovation, in order to retain their position within the market or gain an advantage over their competitors. Additionally, companies are focusing on expanding their network of innovation centers, which enables them to collaborate with customers for new product development and reformulations, as well as make investments accordingly. For instance, in January 2021, Cargill doubled its production capacity of cold-water swelling starch (CWSS) at its Pandaan sweetener plant in Indonesia. CWSS is ideal for cold prepared dairy products, snacks, bakery products and fillings, and sauces and dressings.

Starch & Starch Derivatives Market Leaders

  1. Cargill Incorporated

  2. Archer Daniels Midland Company

  3. Tate & Lyle PLC

  4. Ingredion Inc.

  5. Roquette Frères 

*Disclaimer: Major Players sorted in no particular order

 Archer Daniels Midland Company, Roquette Frères, Anora Group PLC, Kent Nutrition Group Inc.,  Koninklijke DSM NV, Angel Starch and Food Pvt. Ltd
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Starch & Starch Derivatives Market News

  • In April 2022, Ingredion Inc. announced its plan to build an integrated modified starch facility in China designed to more than double its current capacity, significantly expanding production capabilities adjacent to its Shandong site.
  • In November 2021, Roquette developed Roquette pea starch LN 30, a product suited for active nutrition applications in powder shake and snack bar forms. Roquette digestibility analysis (patent pending) shows that the unique pea starch is slowly digested and might offer a sustained and easily available energy to perform for longer.
  • In March 2021, Ingredion EMEA launched ULTRA-TEX 1311 modified potato starch suitable for dairy desserts to its range of potato-based solutions for the United States and Canada.

Starch & Starch Derivatives Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Native Starch

      2. 5.1.2 Modified Starch

    2. 5.2 By Source

      1. 5.2.1 Corn

      2. 5.2.2 Wheat

      3. 5.2.3 Potato

      4. 5.2.4 Cassava

      5. 5.2.5 Other Sources

    3. 5.3 By Application

      1. 5.3.1 Food and Beverages

        1. 5.3.1.1 Confectionery

        2. 5.3.1.2 Bakery

        3. 5.3.1.3 Dairy

        4. 5.3.1.4 Beverages

        5. 5.3.1.5 Other Food and Beverage Applications

      2. 5.3.2 Pharmaceuticals

      3. 5.3.3 Personal Care

      4. 5.3.4 Animal Feed

      5. 5.3.5 Paper and Corrugating

      6. 5.3.6 Other Applications

    4. 5.4 By Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 United Kingdom

        2. 5.4.2.2 Germany

        3. 5.4.2.3 Spain

        4. 5.4.2.4 France

        5. 5.4.2.5 Italy

        6. 5.4.2.6 Russia

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East & Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Archer Daniels Midland Company

      2. 6.3.2 Roquette Frères

      3. 6.3.3 Anora Group PLC

      4. 6.3.4 Kent Nutrition Group Inc.

      5. 6.3.5 Koninklijke DSM NV

      6. 6.3.6 Angel Starch and Food Pvt. Ltd

      7. 6.3.7 Tate & Lyle PLC

      8. 6.3.8 Japan Corn Strach Co. Ltd

      9. 6.3.9 Ingredion Inc.

      10. 6.3.10 BASF SE

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

  9. 9. DISCLAIMER

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Starch & Starch Derivatives Industry Segmentation

Starch is a carbohydrate extracted from agricultural raw materials, which finds applications in literally thousands of everyday food and non-food products. The global starch and starch derivatives market is segmented based on type, application, source, and geography. By type, the market is segmented into native starch and modified starch. By source, the market studied is segmented into corn, wheat, potato, cassava, and other sources. By application, the market studied is segmented into food and beverages, feed, paper industry, pharmaceutical industry, and other applications. The food and beverage segment is further segmented into confectionary, bakery, dairy, beverages, and other food and beverages applications. Also, the report provides insights into the global starch and starch derivatives market in the major economies across regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).

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Starch & Starch Derivatives Market Research FAQs

The Starch and Starch Derivatives Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)

Cargill Incorporated, Archer Daniels Midland Company, Tate & Lyle PLC, Ingredion Inc. and Roquette Frères  are the major companies operating in the Starch and Starch Derivatives Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Starch and Starch Derivatives Market.

The report covers the Starch and Starch Derivatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Starch and Starch Derivatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Starch and Starch Derivatives Industry Report

Statistics for the 2024 Starch and Starch Derivatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Starch and Starch Derivatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Starch and Starch Derivatives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)