PUBLISHER: TechNavio | PRODUCT CODE: 1524984
PUBLISHER: TechNavio | PRODUCT CODE: 1524984
The food starch market is forecasted to grow by USD 4835.5 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the food starch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by preference over animal-derived thickening, gelling, and emulsifying agents, increasing demand for convenience foods, and expansion and growth of food processing industry.
Technavio's food starch market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.23% |
CAGR | 4.5% |
Incremental Value | $4835.5mn |
By Type
By Geographical Landscape
This study identifies the rising online retail sales of food starch as one of the prime reasons driving the food starch market growth during the next few years. Also, emergence of new application areas and growing consumer demand for natural and clean label ingredients in food products will lead to sizable demand in the market.
The report on the food starch market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food starch market vendors that include AGRANA Beteiligungs AG, Archer Daniels Midland Co., Beneo GmbH, Cargill Inc., Emsland Starke GmbH, Global Bio chem Technology Group Co. Ltd., Grain Processing Corp., Ingredion Inc., KMC amba, Qingdao CBH Co. Ltd., Qingdao Nuoxing Biotechnology Co. Ltd., Roquette Freres SA, Royal Ingredients Group BV, Royal Avebe, SMS Corp. Co. Ltd., Sonish Starch Technology Co. Ltd., SPAC Starch Products India Pvt. Ltd., Sudzucker AG, Tate and Lyle PLC, and Tereos Participations. Also, the food starch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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