Global Native Starches Market Overview
Native starches market Size Anticipated to Reach at a USD 7.60 billion at the rate of about 4.10% from 2022-2030.
Native starch is manufactured by extracting starch from plant sources such as corn, cassava, potato, wheat and others. Native starches are starch granules isolated from plant source used as binders, texturizers, thickeners, stabilizers and setting agents. It is an essential ingredient for the food industry found in huge range of food products, as it improves the nutritional and sensory quality of food. In the food industry, starches are used as a thickener, gelling agent, or as a stabilizer to manufacture snacks, meat products, fruit juices and other food products.
Due to its low cost, easy availability, native starch is extensively used in various non-food applications. There is rise in demand from the personal care industry, native starches are widely used in personal care products, in cream emulsions, as talc substitutes, bio-degradable packaging material, and others.
Regional Analysis
The global native starches market is in the entire world; to name few regions where this market exist are North America, Europe, China and Asia Pacific. Among these APAC has the major market share followed by North America. Europe is projected to grow at the fastest rate in the coming years owing to increasing demand for natural and organic food additives. Due to the cheap raw materials & low production costs as well as less stringent environmental regulations Asia-Pacific region is in a better position to produce starch at more competitive prices than developed countries in European and North American regions.
Segmentations
Native starches market has been segmented on the basis of source of native starches, market is segmented into corn, wheat, cassava, potato, and other sources. On the basis of form, the market is segmented into powder, gel and others. On basis of application, market is segmented into food & beverages and non-food application, food application includes confectionery, processed food, beverages, and others. Non-food applications include corrugation and papermaking, personal care, pharmaceuticals, textiles, and others includes mining & drilling, construction & building, adhesives, chemicals and animal feed.
Recent Trends
Companies like Ingredion Incorporated launched a functional native starch in 2019, indicating a focus on improved functionality. You can search for similar news articles mentioning new product launches by other key companies (Cargill, Archer Daniels Midland etc.)
Key Players
The leading market players in the global native starches market primarily are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France).
Target Audience
- Native starches manufacturers
- Food and beverages manufacturers
- Textiles
- Pharmaceuticals
- Personal Care
- Retailers & wholesalers
- E-commerce companies
- Traders, importers, and exporters
Key Findings
- Pharmaceutical making is expected to witness the highest growth rate of 3.15%
- The rise in demand for confectionery from the range of food & beverage sector will grow at CAGR 3.94%
- In the Asia-Pacific region, Thailand dominates the market, followed by China
Regional and Country Analysis of Native starches Market Development and Demand Forecast to 2030 Market As per the MRFR analysis, the global native starches market is poised to reach 7.60 million in 2030, to grow at a CAGR of 4.10 % during the forecasted period. The reports also cover country-level analysis:
North America
Europe
- Germany
- France
- U.K.
- Italy
Asia – Pacific
- China
- India
- Thailand
- Japan
- South-East Asia
RoW
- Latin America
- Africa
- Middle East
Report Attribute/Metric
|
Details
|
Market Size
|
USD 7.60 Billion
|
CAGR
|
4.10%
|
Base Year
|
2021
|
Forecast Period
|
2022-2030
|
Historical Data
|
2020
|
Forecast Units
|
Value (USD Billion)
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Segments Covered
|
By Source, Form, Application, and Region
|
Geographies Covered
|
North America, Europe, Asia-Pacific, and Rest of the World (RoW)
|
Key Vendors
|
Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France)
|
Key Market Opportunities
|
Advanced Technology, Biofuel To Replace Fossil Fuel, Bio-Degradable Polymer
|
Key Market Drivers
|
The Trend For Additive-Free Foods Made With Recognizable Ingredients Continues To Grow, Growing Demand For Natural Personal Care Products
|
Native Starches Market Highlights:
Frequently Asked Questions (FAQ) :
Native starches market is estimated to grow USD 7.60 billion at the rate of about 4.10% from 2022-2030.
Due to its low cost, easy availability, native starch is extensively used in various non-food applications.
Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France) are the major companies operating in native starches market.
Asia-Pacific is expected register the highest CAGR during 2022 to 2030.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report