MARKET INTRODUCTION
Despite being a commonly used food additive in the daily human diet, food starch finds an inclusive range of applications in various industries such as processed food, beverages, and pharmaceuticals, which has fueled the growth of the world starch market. The food starch industry is projected to gain significant movement with its development and the surging demand of starch as a thickening agent, binder, stabilizer, and emulsifier. The demand for industrial starch has increased with the developing trend of biomaterials and biofuels. The sale of food starch has also witnessed a rise as textile and paper industries, and high consumption of convenience foods are growing substantially.
MARKET DYNAMICS
The global F&B (food and beverage) market has seen significant growth in the last decade, which is mainly driven by the improved logistics, innovation in the food system, rise in global trade, increase in affordability, and increase in consumer spending. Moreover, the need for several convenience foods has also witnessed remarkable growth, owing to consumer preference toward cost-effective, and ready-to-eat foodstuff. Also, the expansion of the food processing industry over the past few years is anticipated to influence the growth of the global food starch market. Over the next few years, the food and beverage industry is likely to experience robust demand for food starch from developing countries of Latin America, Africa regions, and Asia-Pacific.
MARKET SCOPE
The "Global Food Starch Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food starch with detailed market segmentation by type and application. The global food starch market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food starch market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food starch market is segmented on the basis of type into native starch, modified starch, starch derivatives. On the basis of application the food starch market is segmented into beverages, baked goods, confectionery, dairy products, meat products, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food starch market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food starch market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food starch market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food starch market in these regions.
MARKET PLAYERS
The reports cover key developments in the food starch market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from food starch market are anticipated to lucrative growth opportunities in the future with the rising demand for food starch in the global market. Below mentioned is the list of few companies engaged in the food starch market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food starch market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer-Daniels-Midland Company (ADM)
- CARGILL INC.
- Ingredion Incorporated
- TATE & LYLE PLC. (TATE & LYLE)
- BENEO GmbH
- Roquette Freres SA
- Agrana Beteiligungs AG
- Starch Products (India) Limited
- Sonish Starch Technology Co., Ltd. (SNST)
- Nutrend Biotech Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.