Report Ocean has recently published the “Food Starch Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The food starch market was valued at $18.9 billion in 2018, and is projected to reach $29.1 billion by 2026, registering a CAGR of 5.8% from 2019 to 2026. The sweetener segment led the market terms of share in 2018, and is expected to retain its dominance throughout the forecast period. The global food starch market has witnessed robust growth in the last few years. This is attributed to development of the food & beverage industry, innovation in the food system, improved logistics, increase in affordability, and rise in consumer spending.
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Furthermore, the demand for convenience food have increased multifold, owing to consumer preference toward ready-to-eat and cost-effective food. Furthermore, widespread expansion of the food processing industry has boosted the demand for food ingredients, which have positively impacted demand for food starch.
The demand for clean label ingredients has increased in the global food & beverage industry. According to AMR analysis, more than 60% Americans consider natural products as better and more than 51% are actively seeking for natural ingredients in their food products while making food purchase decisions. To cater to the growing demand for clean label ingredients, engaged stakeholders in the industry are now venturing for the production of clean label starch. For instance, Beneo-Remy developed natural, native, and clean-label starch having performance comparable to chemically modified starches. Similarly, Cargill is involved in the production of clean-label starch, and is actively marketing the same through SimPure brand. Thus, increase in trend for clean label food from end users is anticipated to provide remunerative opportunities for the players in the food starch industry.
The global food starch market is segmented into raw material, type, end user, and region. Depending on raw material, the market is categorized into across maize, wheat, and others. By type, it is fragmented into modified starch, native starch, and sweeteners. On the basis of end user, it is bifurcated into business to business and business to consumer. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA
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The report focuses on the growth prospects, restraints, and opportunities of the global food starch market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the food starch market.
KEY BENEFITS FOR STAKEHOLDERS
– The report provides an extensive analysis of the current and emerging market trends and opportunities in the global food starchmarket.
– The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
– A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
– An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
– The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
The key players operating inthe global food starch market include ADM, Cargill, Ingredion, Tate and Lyle, BENEO, Roquette Freres, AGRANA Beteiligungs-AG, SPAC Starch Products (India) Limited, Sonish Starch Technology Co., Ltd., and Nutrend Biotech Co., Ltd.
Food starch Segments
By Raw Material
– Maize
– Wheat
– Others
By Type
– Modified Starch
– Native Starch
– Sweeteners
End User
– Business to Business
– Business to Consumer
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By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
– Asia-pacific
o China
o India
o Japan
o ASEAN
o Rest of Asia-Pacific
– LAMEA
o Latin America
o Middle East
o Africa
Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
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- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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