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Redding, California - November 20, 2024

Starch Derivatives Market to Reach $70.48 Billion by 2031

Starch Derivatives Market Size, Share, Forecast, & Trends Analysis by Type (Glucose Syrup, Modified Starch, Maltodextrin), Source (Corn), Form, Function (Thickener, Binder), Application (Food & Beverage, Papermaking, Pharmaceuticals) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Starch Derivatives Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication from Meticulous Research^®, the starch derivatives market is expected to reach $70.48 billion by 2031, at a CAGR of 5.4% from 2024 to 2031.

The increasing demand for processed foods, rising demand from industrial applications beyond food, and technological innovations in the production process are factors driving the growth of this market. In addition, rising innovations in modified starch and the growing adoption of sustainable and eco-friendly practices are creating significant opportunities for market players. Moreover, the rising demand for clean-label products is a major trend in the starch derivatives market.

Key Players

The starch derivatives market is characterized by a moderately competitive scenario due to the presence of many large and small-sized global, regional, and local players. The key players operating in the starch derivatives market are Cargill, Incorporated (U.S.), Archer-Daniels-Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle Plc (U.K.), Roquette Frères (France), AGRANA Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), Royal Avebe (Netherlands), Emsland-Stärke GmbH (Germany), Asia Fructose Co., Ltd. (Thailand), SMS Corporation Co., Ltd. (Thailand), Crespel & Deiters GmbH & Co. KG (Germany), Foodchem International Corporation (China), SPAC Starch Products Ltd. (India) Private Limited (India), and Angel Starch and Foods Pvt. Ltd. (India).

The starch derivatives market is segmented based on type, source, form, function, and application. This study also evaluates industry competitors and analyzes the starch derivatives market at the regional and country levels.

Among the types studied in this report, the glucose syrup segment is anticipated to hold the dominant position, with a large share of the starch derivatives market in 2024. The high demand for glucose syrup in the food & beverage sector, the functional benefits of glucose syrup, and the increasing global consumption of processed and convenience foods contribute to the segment’s dominant position in the starch derivatives market. In addition, the applications of glucose syrup extend to the pharmaceutical sector, where it is used in liquid formulations, and the cosmetics industry, where it is used for its moisturizing properties.

Among the sources studied in this report, the corn segment is expected to dominate the starch derivatives market in 2024. The abundance, cost-effectiveness, and high starch yield of corn and the demand for corn-based starch derivatives in the food & beverage industry contribute to the segment’s dominant position in the starch derivatives market. The versatility of corn allows for the production of a wide range of derivatives, including glucose syrup, maltodextrin, and modified starch, which are extensively used across various industries.

Among the forms studied in this report, the dry segment is expected to dominate the starch derivatives market in 2024. The benefits offered by dried starch derivatives over their liquid counterparts, such as easier storage, handling, and transportation, better stability, and availability in a wide range of grades to suit different applications, reinforce the segment’s dominant position in the starch derivatives market.

Among the functions studied in this report, the thickener segment is expected to dominate the starch derivatives market in 2024. The advantages offered by starch derivatives in the food industry, such as desired texture, moisture, transparency, consistency, and cost-effectiveness, support the segment’s dominant position. The use of starch derivatives as a thickener provides formulators with greater reliability, flexibility, and efficiency in developing a wide range of food products with consistent quality and performance, contributing to the segment’s dominant position in the starch derivatives market.

Among the applications studied in this report, the food & beverages segment is anticipated to hold the dominant position, with a large share of the starch derivatives market in 2024. The growing demand for convenience foods, processed snacks, and beverages with longer shelf life, consistent quality, and improved taste contributes to the segment’s dominant position in the starch derivatives market. In addition, the increasing consumer preference for healthier and more functional food products is expected to support the growth of this segment.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of the starch derivatives market in North America (U.S. and Canada), Europe (France, Spain, Italy, Germany, U.K., Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa).

Among the geographies studied in this report, North America is expected to dominate the starch derivatives market in 2024. The substantial share of this regional market can be attributed to several factors, such as the region’s robust food & beverage industry, the presence of major key players, the increasing demand for convenience and processed foods, and the growing use of starch derivatives in pharmaceuticals, cosmetics, and bio-based products. Furthermore, in 2024, the U.S. is expected to account for the major share of the starch derivatives market in North America.

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Key Questions Answered in the Report:

What is the revenue generated from the sale of starch derivatives?
At what rate is the global demand for starch derivatives projected to grow for the next five to seven years?
What are the historical market size and growth rate for the starch derivatives market?
What are the major factors impacting the growth of this market at the global and regional levels?
What are the major opportunities for existing players and new entrants in this market?
Which type, source, form, function, and application segments are creating major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the starch derivatives market?
Who are the major players in the starch derivatives market? What are their specific product offerings in this market?
What recent developments have taken place in the starch derivatives market? What impacts have these strategic developments created on the market?

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Redding, California - November 20, 2024

Starch Derivatives Market to Reach $70.48 Billion by 2031

Starch Derivatives Market Size, Share, Forecast, & Trends Analysis by Type (Glucose Syrup, Modified Starch, Maltodextrin), Source (Corn), Form, Function (Thickener, Binder), Application (Food & Beverage, Papermaking, Pharmaceuticals) - Global Forecast to 2031

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