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Report Overview
The global wheat starch market reached a volume of 6.52 million tons in 2023. The industry is expected to grow further in the forecast period of 2024-2032 at a CAGR of 1.1% to reach 7.19 million tons by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Wheat Starch Market Analysis
The wheat starch market dynamics and trends are being positively influenced by expected significant growth in wheat production in India, contributing to global wheat supply. Key players in wheat production, including Europe, China, and India, are crucial in driving the expansion of the wheat starch market.
The rising global population, especially the increasing middle-class population, is aiding the growth of the global wheat starch market. The rapidly growing urbanisation and the increasing demand for processed food are further aiding the industry's growth. Wheat starch, being low-calorie and gluten-free, is a healthier choice. As health awareness rises, consumers are increasingly opting for healthier food alternatives, thereby driving the demand for wheat starch market.
Wheat Starch Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global market for wheat starch reached a size of 6.52 million tons in 2023
The global wheat starch market is assessed to grow at a CAGR of 1.1% between 2024 and 2032.
The market is expected to reach a value of 7.19 million tons by 2032.
The rising demand for processed and fast foods and the consequent increasing health consciousness among people can aid the market growth due to wheat starch being a low-calorie and gluten-free alternative.
The growing demand for organic personal hygiene and grooming products and the increasing variety of personal care products is expected to deliver new growth opportunities to the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is broken down into native starch and modified starch.
Based on end use, the market is broken down into sweeteners, fuel, paper and textiles, food, and others.
Wheat starch is widely utilised in many types of foods to improve the texture, viscosity, gel formation, adhesion, binding, moisture retention, and as a fat substitute.
The competitive landscape consists of Cargill Incorporated, ADM, Roquette Freres, Tereos, AGRANA Beteiligungs-AG, and Tate and Lyle, among others.
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