Industrial Starch Market Size - By Source (Corn Starch, Potato Starch, Wheat Starch, Cassava Starch, Rice Starch), By Function (Thickening Agent, Stabilizing Agent, Binding Agent, Gelling Agent, Film-Forming Agent, Emulsifying Agent), Product, Application & Forecast, 2023 – 2032

Industrial Starch Market Size

Industrial Starch Market size was valued at USD 52.6 billion in 2022 and is estimated to expand at a CAGR of 5.6% CAGR from 2023 to 2032, driven by the need for thickening, stabilizing, and texturizing agents in processed and convenience foods. Starches are used for their functional properties in various food products, such as improving texture, mouthfeel, and shelf stability.
 

Starch is used in the paper industry as a sizing agent to improve the printability and writing surface of paper. Starch-based materials are used to develop biodegradable and eco-friendly packaging solutions, driven by sustainability concerns.
 

The prices of starch feedstock, such as corn, wheat, and cassava, can be subject to fluctuations. Disruptions in the supply chain, including transportation issues, natural disasters, and labor shortages, can impact the availability and timely delivery. Starch faces competition from other functional ingredients, such as gums, proteins, and modified cellulose, that offer similar functionalities.
 

COVID-19 Impact

Changes in consumer behaviour during the pandemic, including shifts in food consumption patterns, led to fluctuations in demand for starch-based products. The closure of restaurants, catering services, and events resulted in reduced demand from the foodservice sector. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market growth.
 

Industrial Starch Market Trends

The demand for sustainable and eco-friendly materials is driving interest in starch-based bioplastics and packaging solutions. Starch is being used to develop biodegradable and compostable products, aligning with global sustainability goals. Consumer demand for clean label products is influencing the use of natural and recognizable ingredients in various industries, including food and cosmetics. Starch, being a natural ingredient, is being utilized as a clean label alternative to synthetic additives.
 

Industrial Starch Market Analysis

The industrial starch market from Corn Starch source segment held over USD 10.3 billion revenue in 2022. Corn is a widely cultivated crop, providing a consistent and abundant source of starch for industrial applications. Corn starch offers versatile functional properties, including thickening, binding, and gelatinization, making it suitable for various industries.
 

Thickening Agent segment accounted for 32% of the industrial starch market share in 2022. Starch is commonly used to thicken liquids in various food products, enhancing their texture and mouthfeel.
 

The industrial starch market from native starch segment is anticipated to grow at 5.2% CAGR through 2032. Native starch is perceived as a natural and clean label ingredient, aligning with consumers' preference for recognizable ingredients.
 

Based on application the Food and Beverage Industry is poised to show tremendous growth till 2032. Starch is used to improve the texture, consistency, and mouthfeel of a wide range of food products.
 

U.S. industrial starch market size dominated around USD 14.3 billion in 2022. The North American market's preference for processed and convenience foods drives the demand for starch as a thickening, stabilizing, and texturizing agent in various food products.
 

Industrial Starch Market Share

Some of the major companies operating in the industrial starch market are

• Cargill, Incorporated
• Archer Daniels Midland Company (ADM)
• Ingredion Incorporated
• Tate & Lyle PLC
• Roquette Frères
• Avebe
• Grain Processing Corporation (GPC)
• Penford Corporation (Ingredion)
• Agrana Stärke GmbH
• Emsland Group
• Universal Starch Chem Allied Ltd.
• Visco Starch
• Banpong Tapioca Flour Industrial Co., Ltd.
• Tirupati Starch & Chemicals Ltd.
• Native American Natural Foods.
   

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Industrial Starch Industry News:

• In April 2021, Cargill Inc. announced its plans to expand its specialty tapioca starch offerings for the Asia Pacific region. Cargill partnered with Starpro, the food-grade tapioca starch producer in Thailand.
   

This industrial starch market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:

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Market, By Source

• Corn Starch
• Potato Starch
• Wheat Starch
• Cassava Starch
• Rice Starch
• Others

Market, By Function

• Thickening Agent
• Stabilizing Agent
• Binding Agent
• Gelling Agent
• Film-Forming Agent
• Emulsifying Agent

Market, By Production

• Native Starch
• Modified Starch
• Cationic Starch
• Oxidized Starch
• Acetylated Starch
• Resistant Starch
• Pre-gelatinized Starch
• Others

Market, By Application

• Food and Beverage Industry
• Paper Industry
• Textile Industry
• Pharmaceuticals
• Adhesives and Glues
• Cosmetics and Personal Care
• Others

The above information has been 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