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Arrowroot Starch Market Size
Arrowroot Starch Market was valued at around USD 2.6 billion in 2022 and is estimated to reach USD 3.7 billion by 2032. Arrowroot starch is naturally gluten-free and hypoallergenic, making it an attractive option for individuals with celiac disease, gluten sensitivity, or other allergies. The increasing awareness of gluten-related health issues has driven demand for gluten-free alternatives in various food products.
Consumers are seeking products with simple and natural ingredients. Arrowroot starch's origin as a plant-based, minimally processed ingredient aligns with the clean label trend, driving its adoption in various food and beverage formulations.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 2.6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 3.6% |
2032 Value Projection: | USD 3.7 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 191 |
Segments covered: | Type, Application, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Variability in climate conditions, crop diseases, and limited cultivation areas can lead to supply fluctuations and affect the availability of high-quality arrowroot starch. The availability and pricing of arrowroot starch can be influenced by factors such as weather conditions, harvest yields, and global arrowroot starch market demand. Arrowroot starch competes with other starches and thickeners like cornstarch, potato starch, and tapioca starch. Thus, the risks associated with Arrowroot starch may drive down the acceptance rate, further hampering the business progress.
COVID-19 Impact
Restrictions on movement and social distancing measures have impacted labor availability in cultivation, harvesting, and processing activities, potentially affecting the production of arrowroot starch. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the market trends.
Arrowroot Starch Market Trends
Consumers are increasingly seeking products with clean labels and natural ingredients. Arrowroot starch, being a natural and minimally processed ingredient, aligns well with this trend, making it a popular choice for food and personal care formulations. As awareness of gluten sensitivities and allergies grows, the demand for gluten-free and allergen-free ingredients like arrowroot starch has been increasing, particularly in the food industry. Thus, the growing prevalence is expected to expedite the market growth.
Arrowroot Starch Market Analysis
Based on type, the arrowroot starch market is segmented as organic and conventional. Organic held a majority market value of USD 1.5 billion in 2022. Organic arrowroot starch caters to consumers seeking products made from organic and non-genetically modified sources. The organic certification ensures the absence of synthetic chemicals and pesticides, aligning with the clean and sustainable food movement. Moreover, an increasing usage will further accelerate the segment trends.
Based on application, the arrowroot starch market is segmented as food and beverages, pharmaceuticals, nutraceuticals, textile, industrial, others. Food and beverages held a dominant business share of around 36% in 2022 and is expected to grow at a lucrative pace by 2032. The clean label trend encourages the use of natural and minimally processed ingredients like arrowroot starch in food and beverage formulations. Thus, the aforementioned factors are projected to expedite the market expansion.
Based on distribution channel the arrowroot starch market is segmented as retail stores, online retail. Retail stores held a dominant market share in 2022 and is anticipated to grow at 3.4% CAGR by 2032. Retail stores and supermarkets offer convenient access to arrowroot starch along with other grocery items. Thus, the high-quality services and growing usage of arrowroot starch are anticipated to expedite the business landscape.
U.S. arrowroot starch market exceeded USD 0.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly seeking products with clean labels and natural ingredients. Arrowroot starch's natural origin and minimal processing align with this trend. Thus, the above-mentioned variables would augment the arrowroot starch business growth in the North America positively.
Arrowroot Starch Market Share
Some of the major market players operating in the arrowroot starch market are
- Bob's Red Mill
- Authentic Foods
- NOW Foods
- Tropical Traditions
- Nature's Way
- Frontier Co-op
- Pure Organic Ingredients
- Health Garden USA
- Anthony's Goods
- Thrive Market
- Arrowhead Mills
- Let's Do...Organic
- Bob's Best Quality
- Barry Farm Foods
- Bulk Barn
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Arrowroot Starch Industry News:
- In 2022, Bob's Red Mill launched organic Arrowroot Starch. Arrowroot Starch is a grain-free ingredient perfect for gluten free baking and for thickening sauces.
Arrowroot starch market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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Market, By Type
- Organic
- Conventional
Market, By Application
- Food and beverages
- Pharmaceuticals
- Nutraceuticals
- Textile
- Industrial
- Others
Market, By Distribution Channel
- Retail stores
- Online retail
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Frequently Asked Questions (FAQ) :