NEWARK, DELL, Aug. 16, 2022 (GLOBE NEWSWIRE) — The global food starch market is expected to exhibit CAGR growth. 6.01% From 2022 to 2032, $40.9 a billion By 2032.
Lifestyle changes and high disposable incomes have increased the demand for ready-to-eat foods worldwide. Leading companies are focusing on improving product labeling and packaging to maintain transparency of the raw materials sourced to create the final product.
Demand for food grade starch is expected to increase over the next decade, as many processed foods contain starch. In addition to its functional benefits, modified starch can be used as a fat substitute and texture improver in many foods such as baked goods, snacks and beverages.
Besides, food starch is highly favored in the food and beverage industry due to its process stability, neutral taste, natural source, and nutritional benefits. Demand for unique food starch products that help boost immunity is likely to skyrocket over the next decade.
As for starch for food, demand for naturally-derived starch is expected to increase due to the increasing preference for clean labels, and sales are expected to increase. Key players are focusing on developing multi-functional, naturally-derived starch variants to meet the growing demand for plant-based foods.
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The increasing trend of snacking is also expected to boost the demand for food starch. Consumer willingness to spend more on food additives to improve flavor and texture is expected to create numerous growth opportunities for food starch market players in North America and Europe.
Key Takeaways: Food Starch Market
- The food starch market is expected to grow at a CAGR. 6.2% From 2022 to 2032 in North America, 3.5 USD a billion By 2032.
- Asia Pacific is almost 27% of market share during the evaluation period.
- European food starch market is expected to reach 4.2 USD a billion By the end of 2032.
- The US food starch market is about 3.5 USD a billion 2022.
- The food starch market in India is US$1.63 a billion 2022.
“Manufacturers are focusing on developing new food starch formulation technologies to generate more revenue. They are also aiming to create multi-functional variants of food starches to gain a competitive edge. ,” said an analyst at Future Market Insights.
Competitive environment: food starch market
Leading food starch manufacturers are focusing on research and development activities to provide a wide range of chemical-free products. These players are also working together to develop new product portfolios to enter untapped markets.
- December 2021, Cargill agreed to purchase a majority stake in Croda’s technology and industrial chemicals division. Croda’s substantial industrial business capabilities and broad bio-based portfolio, along with Cargill’s diverse logistics network and deep industry expertise, will spark a new generation of technologies that create tremendous value for customers around the world.
Major companies profiled in the Food Starch market are: ADM – Archer Daniels Midland, The Agrana Group, BENEO, Roquette Fereres SA, Grain Processing Corporation, Royal Avebe UA, National Starch Food Innovation, Cargill Incorporated, Ingredion Inc.
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Explore more valuable insights food starch market
Future Market Insights, in its new report, provides an unbiased analysis of the global food starch market, presenting historical data (2017-2021) and estimated statistics for the forecast period 2022-2032.
The study covers types (modified starches, native starches), sources (corn, wheat, potatoes, others), applications (animal feed, bakery and confectionery, beverages, cosmetics), sales channels (online, offline), and regions ( North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).
Food Starch Market Outlook by Category
By type:
- modified starch
- native starch
By source:
By application:
- animal feed
- bakery and confectionery
- beverage
- cosmetic
By sales channel:
- offline sales channel
- Supermarket/Hypermarket
- Department store
- convenience store
- Other sales channels
- online sales channel
- company website
- e-commerce platform
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About Future Market Insights Food & Beverage Division
Future Market Insights’ Food and Beverage team provides all the insight and consulting analytics needed to meet the unique business intelligence needs of our clients around the world. With a catalog of over 500 reports on the latest statistics and analytics for the food and beverage industry, our team is happy to assist with any business intelligence research and consulting requirements.
table of contents
1.executive summary
1.1.Global market outlook
1.2. Demand Side Trends
1.3.Supply-side trends
1.4.technology roadmap analysis
1.5.Analysis and recommendations
2. Market overview
2.1. Market Scope/Taxonomy
2.2. MARKET DEFINITION/SCOPE/LIMITATIONS
3. Market Background
3.1. Market dynamics
3.1.1. Driver
3.1.2. Constraints
3.1.3. Opportunities
3.1.4. Trends
3.2. Scenario prediction
Full Table of Contents @ https://www.futuremarketinsights.com/toc/rep-gb-15445
Check out FMI’s related ongoing coverage. food and beverage domain
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Starch/Glucose Market Trends: Starch/Glucose Market Forecast, Trend Analysis & Opportunity Assessment 2020-2030.
Dry Mix Market Demand: dry mix market expected to be rated at $8.7 billion It is projected to grow at a CAGR in 2022 5.9% rated US$15,434 million From 2022 to 2032.
Confectionery ingredients market growth: Confectionery ingredients market Significant growth is expected. Sales of confectionery ingredients are projected to grow at a constant rate from 2022 to 2032 5.7% Value CAGR, reached $130,743.3 million.
Suitable for snack market analysis. better snack market expected to reach a valuation of $37 a billion Accelerate at CAGR by 2022 6.5% Between 2022 and 2032.The market is expected to reach a valuation of $70 a billion By the end of 2032.
An Overview of the Food Stabilizers Market: food stabilizer market is evaluated at US$2.8 a billion Projected to grow at CAGR in 2022 5.5% reach a rating of of during the forecast period US$4.7 a billion By 2032.
Wheat Protein Market Analysis: The wheat protein market is valued at USD 3.3 billion in 2022 and is projected to reach USD 5.1 billion by 2032, registering a CAGR of 4.8%.
Hydrolyzed Egg Market Sales: Hydrolysis egg market expected to reach a valuation of $87.2 man Accelerate at CAGR in 2022 8.0% During the forecast period 2022-2032.
Botanical Flavors Market Outlook: botanical flavor Demand is expected to be valued at US$7,876.7 million It is projected to grow at a CAGR in 2022 8.7% rated US$18,196.3 million From 2022 to 2032.
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