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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.
The market size of industrial starch reached USD 52.6 billion in 2022 and is estimated to cross USD 91 billion by the end of 2032.
U.S. market share was worth USD 14.3 billion in 2022, owing to the consumer preference for processed and convenience foods, that drives the demand for starch as a thickening, stabilizing, and texturizing agent in various food products.
Native starch segment is anticipated to grow at 5.2% CAGR through 2032, as it is perceived as a natural and clean label ingredient, aligning with consumers' preference for recognizable ingredients.
Cargill, Incorporated, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Tate & Lyle PLC, Roquette Fr