Roll-dried Starch Market - 2023-2030

Overview

Global Roll-dried Starch Market reached US$ 732.1 million in 2022 and is expected to reach US$ 1089.9 million by 2030, growing with a CAGR of 5.1% during the forecast period 2023-2030.

Roll-dried starch is experiencing growth with rising demand for convenience foods. The market responds by providing roll-dried starch as a versatile ingredient in processed and instant foods as consumers seek quick and easy meal solutions. This is a growing trend within the market for clean-label and natural products. Manufacturers are focusing on offering roll-dried starch aligned with consumer preferences for transparent and healthier food options.

North American consumers' busy lifestyles and preference for quick meal solutions contribute to expanding the market. Innovation in North American roll-dried starch focuses on the development of functional ingredients. Manufacturers enhance the functional properties of roll-dried starch to meet the diverse needs of the food, contributing to market competitiveness and expansion.

For instance, in June 2021, Cargill made strategic investments in specialty roll-dried starches, aligning with enhancing sustainable production. The ongoing implementation of this investment at the Sas van Gent facility in the Netherlands is poised to elevate Cargill as a leading producer of sustainable and innovative food ingredients, which are strategies from major players supporting market growth in the region.

Dynamics

Increasing Demand in Food Industry

The growing demand for roll-dried starch is directly linked to its extensive use in the food industry. As food manufacturers seek versatile and functional ingredients, the market for roll-dried starch expands to meet these requirements. Roll-dried starch finds applications across diverse food segments. The increasing demand within these segments propels the market forward as manufacturers recognize the functionality and benefits of using roll-dried starch.

Rising demand for processed foods incorporating roll-dried starch rises as consumers seek ready-to-eat and easy-to-prepare options. The market responds to trends in food, including the preference for clean labels and natural ingredients. Roll-dried starch, with its natural origin, aligns with these trends, driving its adoption in various food products and supporting market growth.

Growing Popularity of Convenience Foods

The market benefits from the rising consumer preference for convenient and time-saving food options. The demand for processed foods, which often incorporate roll-dried starch for its functional properties, contributes to the overall growth of the market. Roll-dried starch acts as a crucial ingredient in achieving extended shelf life and stability characteristics, thereby fulfilling the requirements of manufacturers and driving its adoption in the market.

The convenience of instant or ready-to-eat products is a key driver for the use of roll-dried starch. Its quick dissolving and thickening properties make it an ideal choice for producing instant soups, sauces, and other ready-to-consume food items, further expanding its market presence. Roll-dried starch's versatility in various food applications contributes to its popularity in the market.

Volatility in Raw Material Prices

The fluctuations in raw material prices create uncertainty for manufacturers, impacting production costs and leading to instability and growth. Increased raw material prices can increase profit margins, posing challenges for sustainable business operations. This affects the market's ability to adapt to changing conditions and maintain economic uncertainty, which can disrupt supply chains.

The roll-dried starch market faces challenges in accurately forecasting prices due to the volatile nature of raw materials. This unpredictability makes it difficult for market players to plan and implement pricing strategies, affecting market stability. Fluctuations in raw material prices can impact the competitiveness of roll-dried starch in the market. The prices rise significantly, and manufacturers face challenges in offering competitive pricing, potentially losing market share to alternative products.

Segment Analysis

The global roll-dried starch market is segmented based on source, function, application, and region.

Increasing Raw Material Supply and Consumer Demand for Potato Roll-Dried Starch

Potatoes, being a widely cultivated and readily available crop, contribute to the dominance of the potato segment in the roll-dried starch market. The abundant supply of raw materials supports consistent production and market presence. Roll-dried starch derived from potatoes exhibits versatile properties suitable for various applications in the food and industrial sectors. This versatility enhances the market appeal of the potato segment, as it caters to diverse consumer and industrial needs.

Products utilizing roll-dried starch from potatoes often align with consumer preferences for natural and plant-based ingredients. The high demand for such products further propels the growth and dominance of the potato segment within the global starch market. The roll-dried starch extracted from potatoes possesses functional attributes. These characteristics make it a preferred choice for manufacturers in multiple industries, consolidating the potato segment's position in the market.

Geographical Penetration

Robust Industrial Infrastructure and Diverse Applications in North America

North America's robust industrial infrastructure positions the region as dominant in the global roll-dried starch market. Roll-dried starch from North America caters to diverse applications across industries such as food and beverages. This versatility in applications enhances the market appeal of North American roll-dried starch, leading to its dominant position and further expanding the market.

Products utilizing roll-dried starch from North America often align with consumer preferences for sustainable ingredients. This alignment with evolving consumer trends boosts the demand for North American roll-dried starch in the global market. Continuous advancements in technology and production within North America contribute to increased efficiency and quality in roll-dried starch manufacturing. This technological edge further solidifies the region's dominance in the market.

COVID-19 Impact Analysis

The roll-dried starch market experienced disruptions in the supply chain due to restrictions on transportation and logistical challenges led to delays in materials and distributing finished products. Lockdowns and restrictions have led to challenges for roll-dried starch manufacturers. Reduced workforce availability, plant closures, and disruptions in production schedules impacted the market's growth to meet demand.

However, the roll-dried starch market demonstrated adaptability to the challenges posed by COVID-19. Companies implemented innovative solutions, such as remote working and technology integration, to maintain market operations. The shift in consumer behavior towards home-cooked meals and convenient food options during lockdowns positively influenced the roll-dried starch market. As consumers seek convenience, the demand for processed and instant foods, often containing roll-dried starch, has increased.

Russia-Ukraine War Impact Analysis

The Russia-Ukraine war could have led to disruptions in the global supply chain, impacting the transportation and logistics networks crucial for the roll-dried starch market, related to the timely sourcing of raw materials and the distribution of finished products. The roll-dried starch market has experienced price volatility due to fluctuating exchange rates and uncertainties in the availability and cost of inputs.

Companies in the roll-dried starch market have assessed the geopolitical risks and implemented strategies to enhance market resilience. Major players in the roll-dried starch market have engaged in strategic communication to address concerns, maintain consumer trust, and adapt marketing strategies to the evolving geopolitical landscape. The market has seen shifts in regional consumption patterns and preferences as geopolitical tensions influenced trade partnerships.

By Source

• Potato
• Corn
• Wheat Flour
• Maize
• Others

By Function

• Food Thickeners
• Stabilizers
• Emulsifiers
• Texturizers
• Others

By Application

• Bakery and Confectionery
• Processed Foods
• Beverages
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• On October 25, 2023, Roquette, a global leader in plant-based ingredients and a prominent provider of pharmaceutical and nutraceutical excipients, introduced three new grades of excipients to its extensive portfolio of solutions tailored for moisture-sensitive active nutraceutical ingredients. Unveiled at CPHI Barcelona, the new additions include LYCATAB CT-LM partially pregelatinized starch, along with MICROCEL 103 SD and MICROCEL 113 SD microcrystalline cellulose.
• On June 28, 2023, BENEO, a prominent manufacturer of functional ingredients for food, feed, and pharmaceuticals, dedicated six million Euros to enhance drying capacity at its Wijgmaal factory, aligning with the increasing demand for its roll-dried rice starch ingredients. The investment includes the installation of a new drum dryer, situated in a newly constructed 1,000m2 facility.
• In 2019, Cargill introduced C PulpTex 12931 modified starch, an instant starch solution designed for convenience food applications with a tomato base. This cross-linked starch, processed in a coarse, roll-dried form, enhances textural properties by imparting a desirable pulpiness. It effectively preserves the taste and visual appeal of soups, sauces, and condiments.

Competitive Landscape

The major global players in the roll-dried starch market include Cargill, Incorporated, Roquette Freres S.A., Ingredion Incorporated, Food Specialities Limited, PharmaCentral, SPAC Starch Products India Pvt. Ltd., Julian W. Black & Son, Inc, Buhler AG, AGRANA Beteiligungs-AG and Aminola B.V.

Why Purchase the Report?

• To visualize the global roll-dried starch market segmentation based on source, function, application and region, as well as understand critical commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous roll-dried starch market-level data points with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of critical products of all the major players.

The global roll-dried starch market report would provide approximately 62 tables, 57 figures, and 181Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies