Global Native Starch Market to grow at a CAGR of 4.3% During 2024 and 2032

The global native starch market is being driven by its increased demand in both food and non-food sectors, owing to its favourable properties like water holding capacity and high viscosity, among others. The U.S. is the leading market as well as the major producer of the native starch, globally. The other significant markets for the product are the Asia Pacific and Europe. The starch production in Europe recorded a growth of around 2.3 million tons between 2004 and 2017. Out of the total starch production, native starch accounts for over 35% of the global output. The native starch can be obtained from diverse sources and is available in different forms, thus providing the manufacturers with the greater options.

The expanding application of starch in the textile industry has increased the demand for the product, globally, thus, providing further impetus to the native starch market. In March 2020, Ingredion Incorporated (NYSE: INGR), a leading global ingredients solutions company, expanded its capacity through its acquisition of the US-based native and modified potato starch producer, Western Polymer. The acquisition has expanded the company’s higher-value specialty ingredients business that align with consumer trends and customers' needs. To fulfil the increasing product demand, the companies are expanding their market. In February 2020, Cargill, the US-based food to retail company, announced that it will invest USD 22.7 million in its Sas Van Gent starch production facility in the Netherlands, hence expanding its production capacity.

Moreover, the increasing demand for vegan products in food and beverage sector is providing a further boost to the global native starch market. In July 2018, Ingredion launched three functional potato starches for reducing costs and optimising texture in processed cheese, further providing the optimum taste that the consumers demand. The company, with this launch, has tapped into the growing consumer demand for vegan products, which will enhance its business as well.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by Source, Types, Forms, Applications, and Regions:

• The different sources to produce native starch are corn, wheat, potato, cassava and rice, among others.
• Native starch is available in gel and powdered form, among others.
• Native starch finds application in sectors like food, paper, textile, pharmaceuticals, and personal care, among others.
• Region-wise, the global native starch market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Findings of the Report:

• With the increasing innovations in the food and beverage sector, the demand for native starch, particularly in ready-to-eat segment has increased, thus, aiding the global market.
• The growing number of vegans along with the rising demand for plant-based products is propelling the market forward. 
• With the growing middle-class population and rising disposable incomes, the demand for convenient food has increased, which, in turn, aids the potato starch market.
• The growth of textile industry, particularly in the developing economies, further aids the market growth.

Key Offerings of the Report:

• The EMR report gives a detailed insight into the source, types, forms, applications, and regional markets for the global native starch market for the periods (2018-2023) and (2024-2032). 
• The global trade data analysis for the year 2020 has been provided.
• The EMR report also provides the regional historical (2018-2023) and forecasted (2024-2032) price trends for native starch.

Cargill, Incorporated, Tate & Lyle PLC, Ingredion Incorporated, Tereos Starch & Sweeteners s.a.s., Roquette Frères S.A., Royal Avebe, AGRANA Beteiligungs AG, Others are the major players in the global native starch market. This comprehensive report by EMR looks into market share, capacity, and latest developments like mergers, acquisitions, capacity expansions, and plant turnarounds of the major players.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790