Report Ocean published a recovery-based report for ‘Global Clean Label Starch Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
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 2023-2032.
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.
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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
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
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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