PUBLISHER: Lucintel | PRODUCT CODE: 1387247
PUBLISHER: Lucintel | PRODUCT CODE: 1387247
Starch Trends and Forecast
The future of the global starch market looks promising with opportunities in the modified and native markets. The global starch market is expected to reach an estimated $17.9 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for starch in the food and beverage industry and growing usage of starch in industrial applications.
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Starch by Segment
The study includes a forecast for the global starch by source, type, application, and region.
Starch Market by Source [Shipment Analysis by Value from 2018 to 2030]:
Starch Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Starch Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Starch Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Starch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies starch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the starch companies profiled in this report include-
Starch Market Insights
Lucintel forecasts that corn will remain the largest segment over the forecast period because it is used as major ingredient in thicken soup and desserts so as to make food crispy and tasty.
Within this market, modified will remain the larger segment due to growing usage of modified starch in food and beverage.
APAC will remain the largest region over the forecast period due to increasing population and growing disposable income in the region.
Features of the Global Starch Market
Market Size Estimates: Starch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Starch market size by source, type, application, and region in terms of value ($B).
Regional Analysis: Starch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sources, types, applications, and regions for the starch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the starch market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the starch market size?
Answer: The global starch market is expected to reach an estimated $17.9 billion by 2030.
Q2. What is the growth forecast for starch market?
Answer: The global starch market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the starch market?
Answer: The major drivers for this market are increasing demand for starch in the food and beverage industry and growing usage of starch in industrial applications.
Q4. What are the major segments for starch market?
Answer: The future of the starch market looks promising with opportunities in the modified and native markets.
Q5. Who are the key starch market companies?
Answer: Some of the key starch companies are as follows:
Q6. Which starch market segment will be the largest in future?
Answer: Lucintel forecasts that corn will remain the largest segment over the forecast period because it is used as major ingredient in thicken soup and desserts so as to make food crispy and tasty.
Q7. In starch market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing population and growing disposable income in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.