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Wheat Starch Market Size

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

Wheat Starch Market Size

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.
 

 

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.

Wheat Starch Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
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