Report Ocean, a leading market research firm, has recently published a recovery-focused report for the global Clean Label Starch Market. The report provides crucial details on company opportunities, growth strategies, emerging trends, innovations, competitive landscape and geographical outlook in 2023-2030.
Global Clean Label Starch Market is valued approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Clean Label Starch refers to starch which is chemical free and mainly derived from organically cultivated grains like wheat, corn, rice, and tapioca etc. Clean labels are widely used across different industries like food processing, chemical and construction industries. Growing Food and beverages industry and rising consumer preference towards clean label food products are key drivers for the growth of Clean Label Starch market. For instance, according to Plant Based Food Association (PFBA)- in the U.S. retail sales of plant-based foods has increased to USD 7 billion in the year 2020, witnessing 27 percent growth in comparison to USD 5.5 billion sales in the year 2019. Also, in the year 2020, 57 percent of all U.S. households purchased plant-based foods (that’s over 71 million households)- as compared to 53 percent in the year 2019. Furthermore, In Feb 2021, Tate & Lyle PLC (Tate & Lyle), a leading global provider of food and beverage ingredients and solutions, has acquired 85% shares in Chaodee Modified Starch Co., Ltd., Thailand based manufacturer of modified food starch. Also, with the increasing demand from end use industries and favorable government policies and regulations like promotion of organic farming etc., the adoption & demand for Clean Label Starch is likely to increase the market growth during the forecast period. However, high extraction cost of Clean Label Starch and slow penetration rate from emerging economies are some of the factors that impedes the growth of the market over the forecast period of 2022 -2028 .
The key regions considered for the global Clean Label Starch Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing demand for plant-based food products and presence of leading market players in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022 -2028 .. Factors such as growing food and beverages industry and shifting consumption pattern of urban consumer in the region would create lucrative growth prospects for the Clean Label Starch Market across Asia-Pacific region.
Major market player included in this report are:
Claria
Lyckeby
Ingredion
Beneo
Tate & Lyle
Archer Daniels Midland Company
MGP Ingredients, Inc.
Roquette Freres S.A.
Euroduna Food Ingredients GmbH
Cargill
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Form:
Liquid
Powder
By Source:
Tapioca
Rice
Corn
Potato
By End Use Industries:
Foods & Beverages
Chemical
Construction
Clothing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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The following are significant aspects of the industry that may be relevant:
Market Size and Growth: The size of the market and its projected growth rate are essential factors that can provide valuable insights into the industry’s potential.
Competition: The level of competition in the market is a significant factor that can impact the pricing and profitability of companies operating in the industry.
Technology: Technology plays a critical role in the industry as search algorithms and consumer behavior continue to evolve rapidly.
Consumer Behavior: Understanding consumer behavior, such as search habits and preferences, can help companies optimize their marketing strategies and drive sales.
Regulatory Environment: The industry is subject to various regulatory requirements, including data protection and privacy laws, which can impact the way companies operate in the market.
Economic Factors: Economic factors, such as GDP, inflation, and consumer spending, can affect the growth and profitability of the industry.
Emerging Trends: Staying updated with emerging trends, such as voice search and artificial intelligence, can help companies stay ahead of the curve in the industry.
This report covers several key questions related to the Clean Label Starch market, including:
- What can be expected for the Clean Label Starch market in the next decade?
- What are the primary drivers of growth in the Clean Label Starch market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Clean Label Starch market vary based on the size of the end market?
- What is the breakdown of Clean Label Starch by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Clean Label Starch market?
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