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Wheat Starch Market Share

Report ID: GMI11908
Published Date: Oct 2024
Report Format: PDF

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Wheat Starch Market Share

The global wheat starch industry is characterized by intense competition, with several key players commanding substantial market shares. This competitive landscape is influenced by a growing emphasis on innovation, quality, and sustainability. Major players like ADM, Cargill, Roquette Frères, and Tereos have established themselves as market leaders, capitalizing on their vast production capabilities and well-entrenched distribution channels.

These companies set themselves apart through relentless product innovation, a strong commitment to sustainability, and a diverse portfolio of starch-based offerings. For instance, Cargill boasts a varied product lineup, including organic and non-GMO wheat starches, catering to a broad spectrum of consumer demands.

ADM and Crespel & Deiters Group are actively broadening their global reach, channeling investments into new facilities and forging partnerships, especially in burgeoning markets. On the other hand, Meelunie, Novasol Ingredients, and Pruthvi Foods are carving out niches, emphasizing food and pharmaceutical-grade wheat starches. Roquette Frères and Tereos, meanwhile, are championing sustainable development, channeling investments into bio-based products and eco-friendly technologies aimed at curbing their carbon footprint.

Wheat Starch Market Companies

Major players operating in the wheat starch industry are:

ADM
Aminola
Cargill
Crespel & Deiters Group
Fengchen Group
Meelunie
Novasol Ingredients
Pruthvi Foods
Roquette Frères
Tereos

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of wheat starch reached USD 4.3 billion in 2023 and is set to grow at a 3% CAGR from 2024 to 2032, driven by rising demand in sectors like food & beverages, pharmaceuticals, and paper & packaging.

The native wheat starch segment was valued at USD 2.9 billion in 2023 and is expected to expand at a 3.2% CAGR during 2024 to 2032, as consumers increasingly seek natural ingredients driven by the clean-label movement.

The powdered wheat starch segment was valued at USD 3.9 billion in 2023 and is projected to maintain a 3.2% CAGR through 2032, due to its ease of use, storage, and transport.

The U.S. market was valued at over USD 990.4 million in 2023 and is poised to witness 3.3% CAGR between 2024 and 2032, led by a growing consumer preference for natural and clean-label ingredients.

The major players in the industry include ADM, Aminola, Cargill, Crespel & Deiters Group, Fengchen Group, Meelunie, Novasol Ingredients, Pruthvi Foods, Roquette Frères, and Tereos.