Food Starch Market by Type, Source, Distribution Channel, Application

List of Tables

[186 Pages Report] The Food Starch Market size was estimated at USD 20.59 billion in 2023 and expected to reach USD 21.57 billion in 2024, at a CAGR 4.88% to reach USD 28.75 billion by 2030.

Food starch refers to starch that is extracted from plant sources and used primarily as a thickening, stabilizing, or binding agent in food products. Starch is a carbohydrate found naturally in many fruits, vegetables, and grains such as corn, wheat, potatoes, and rice. In the food industry, starch is often processed and then utilized in a variety of foods to improve texture, consistency, and shelf life. Common applications include its use in products such as sauces, soups, puddings, and baked goods. Food starch is a fundamental ingredient in many culinary preparations and packaged foods, contributing to the desired texture and appearance of many dishes. The escalating consumer preference for ready-to-eat and easy-to-prepare food items has significantly driven the demand for modified starches, which improve the texture, shelf-life, and taste of the end products. Additionally, there is a growing trend towards clean-label ingredients and reducing the use of artificial components in food production. This shift has fostered innovations in developing natural and organic starches, meeting these new consumer demands. However, raw materials availability and price volatility for starch production remain a persistent challenge. Alternatives such as gum and pectin, which offer thickening and stabilizing functions, pose substantial competition to starches. Furthermore, ongoing innovations in food technology enhance the functionality and adaptability of starch products, enabling broader applications in the food industry.

KEY MARKET STATISTICS
Base Year [2023]	USD 20.59 billion
Estimated Year [2024]	USD 21.57 billion
Forecast Year [2030]	USD 28.75 billion
CAGR (%)	4.88%

Regional Insights

In the Americas, the United States and Canada are significant consumers of food starch. The market in these areas is driven by the diversity in food culture and the growing fast-food industry, requiring modified starches extensively for food processing applications. American consumers show a high preference for convenience foods, which utilize a large amount of processed starch to achieve desired textural properties. There is a strong trend towards non-GMO and sustainably sourced ingredients, influencing manufacturers to invest in new sourcing strategies and innovative extraction technologies. In Europe, there is a strong emphasis on complying with stringent EU regulations concerning food additives, pushing companies to innovate in natural starch derivatives. The clean-label trend is particularly strong here, and consumer behavior leans heavily towards products that are transparent about their sourcing and processing methods. Moreover, the Middle East and Africa are emerging markets in the food starch sector. The growth is spurred by economic development, urbanization, and changes in food consumption patterns. These regions exhibit potential for the introduction of more advanced food processing technologies and high-value starch products. The Asia Pacific region, comprising key economies such as China, Japan, and India, shows a robust demand for food starch owing to its extensive use in the food and beverage industry. In China, the surge in processed food consumption has driven starch demand, while in India, rapid urbanization and changes in dietary habits have influenced the same. Japan utilizes sophisticated starch products for their unique properties, such as texture enhancers and stabilizers in traditional and modern cuisine.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Food Starch Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rising consumer inclination toward natural ingredient based products
- Heightened demand of food starch from food & beverage industry
- Increased demand of certified non-GMO and organic products

Market Restraints
- Availability and price volatility of raw materials for starch production

Market Opportunities
- Innovations in food technology to enhance the functionality and adaptability of starch
- Ongoing developments in food starch derivatives for bio-plastic

Market Challenges
- Availability of substitute products coupled with stringent regulatory frameworks

Market Segmentation Analysis
- Type: Modified starch is highly versatile with superior functionality adapted to withstand rigorous processing conditions
- Application: Expanding application of food starch in cosmetics sector due to its sensory feel and absorbency applications

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Food Starch Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Food Starch Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Corteva Agriscience Acquires Non-GMO Resistant Starch Trait from Arcadia Biosciences

Arcadia Biosciences has finalized the sale of its innovative Non-GMO Resistant Starch (RS) Durum Wheat trait to Corteva Agriscience, a critical move set to advance the global presence and utilization of high-nutritional wheat products. This strategic collaboration enhances Arcadia's fiscal stability, enabling further strategic endeavors, and also aligns Corteva to distribute seeds globally, thereby increasing access to nutritious wheat variants for farmers and consumers alike. [Published On: 2024-05-15]

Revolutionizing Texture and Transparency, Ingredion Launches Novation Indulge 2940 in North America

Ingredion Incorporated is set to introduce Novation Indulge 2940 starch to the North American market, a non-GMO corn starch engineered to enhance the texture of both dairy and non-dairy products. Novation Indulge 2940 meets this need by enabling food manufacturers to develop indulgent yogurts, puddings, and desserts, which appeal to the growing market trend towards clean label products and healthier food choices without compromising on sensory attributes. [Published On: 2024-02-07]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Food Starch Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Food Starch Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, AKV Langholt AmbA, Akzo Nobel N.V., Archer Daniels Midland Company, Bayer AG, Bioriginal Food & Science Corp., Cargill Inc., Emsland Starke GmbH, Global Bio-Chem Technology Group Co. Ltd., Grain Processing Corporation by Kent Corporation, Gulshan Polyols Ltd., Ingredion Inc., Japan Corn Starch Co., Ltd., Manildra Group, Meelunie B.V., Roquette Freres SA, Royal Avebe U.A., SMS Corp. Co. Ltd., Sonish Starch Technology Co. Ltd., SPAC Starch Products India Pvt. Ltd., Sudzucker AG, Sudstark GmbH, Tate and Lyle PLC, and Tereos S.A..

Market Segmentation & Coverage

This research report categorizes the Food Starch Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Modified Starch
  - Cross-Linked Starches
  - Starch Esters

Native Starch
Specialty Starch
- Pregelatinized Starches
- Resistant Starches
- Roll-Dried Starches

Starch Derivatives

Source
- Cassava
- Corn
- Potato
- Wheat

Distribution Channel
- Offline
- Online

Application
- Animal Feed
- Bakery & Confectionery
- Beverage
- Cosmetics

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-4659C8712F40

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising consumer inclination toward natural ingredient based products
  - 5.1.1.2. Heightened demand of food starch from food & beverage industry
  - 5.1.1.3. Increased demand of certified non-GMO and organic products
- 5.1.2. Restraints
  - 5.1.2.1. Availability and price volatility of raw materials for starch production
- 5.1.3. Opportunities
  - 5.1.3.1. Innovations in food technology to enhance the functionality and adaptability of starch
  - 5.1.3.2. Ongoing developments in food starch derivatives for bio-plastic
- 5.1.4. Challenges
  - 5.1.4.1. Availability of substitute products coupled with stringent regulatory frameworks
5.2. Market Segmentation Analysis
- 5.2.1. Type: Modified starch is highly versatile with superior functionality adapted to withstand rigorous processing conditions
- 5.2.2. Application: Expanding application of food starch in cosmetics sector due to its sensory feel and absorbency applications
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Food Starch Market, by Type

6.1. Introduction
6.2. Modified Starch
6.3. Native Starch
6.4. Specialty Starch
6.5. Starch Derivatives

7. Food Starch Market, by Source

7.1. Introduction
7.2. Cassava
7.3. Corn
7.4. Potato
7.5. Wheat

8. Food Starch Market, by Distribution Channel

8.1. Introduction
8.2. Offline
8.3. Online

9. Food Starch Market, by Application

9.1. Introduction
9.2. Animal Feed
9.3. Bakery & Confectionery
9.4. Beverage
9.5. Cosmetics

10. Americas Food Starch Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Food Starch Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Food Starch Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Corteva Agriscience Acquires Non-GMO Resistant Starch Trait from Arcadia Biosciences
- 13.3.2. Revolutionizing Texture and Transparency, Ingredion Launches Novation Indulge 2940 in North America
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio