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The global wheat starch market size was valued at USD 4.3 billion in 2023 and is estimated to grow at a CAGR of over 3% from 2024 to 2032. Driven by rising demand in sectors like food & beverages, pharmaceuticals, and paper & packaging, the global market has witnessed significant growth. Valued for its thickening, binding, and gelling properties, wheat starch has become indispensable in processed foods, bakery items, and even bio-based industrial products. Over the last decade, the market's focus has transitioned from traditional uses to specialized applications, notably in gluten-free and clean-label products.
Global business trends indicate a growing consumer preference for organic and non-GMO starches, reflecting a broader demand for healthier options. Additionally, as consumers reduce gluten intake, wheat starch is increasingly utilized as a gluten substitute in various food products. The rising demand for biodegradable and sustainable packaging materials has further bolstered wheat starch's role in industrial applications, particularly in bioplastics, aligning with global environmental regulations and heightened consumer awareness of sustainability.
Report Attribute | Details |
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Base Year: | 2023 |
Wheat Starch Market Size in 2023: | USD 4.3 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3% |
2024 – 2032 Value Projection: | USD 5.6 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | Type, Form, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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