A starch derivative is characterized as a modified form of starch, created through chemical processing of native starch to modify its properties. It finds applications in various industries for purposes such as flocculation, adhesion, acid stability, advancement in process tolerance, enhancement of pH stability, and improvement in shear stability.
The primary types of starch derivatives include glucose syrup, modified starch, maltodextrin, hydrolysates, and cyclodextrin. These derivatives are manufactured using raw materials such as corn, cassava, potato, and wheat. Starch derivatives are available in both dry and liquid forms. They serve multiple functions, including acting as binders, thickeners, stabilizers, sweeteners, lustering agents, powdering agents, and are utilized in fish culture feed, expanded feed, caking agents, dehumidification agents. These derivatives find applications in various industries, including the food and beverage industry, medical industry, chemical industry, personal care and hygiene industry, as well as the paper and pulp industry.
The starch derivatives market research report is one of a series of new reports that provides starch derivatives market statistics, including starch derivatives industry global market size, regional shares, competitors with a starch derivatives market share, detailed starch derivatives market segments, market trends and opportunities, and any further data you may need to thrive in the starch derivatives industry. This starch derivatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The starch derivatives market size has grown steadily in recent years. It will grow from $62.31 billion in 2023 to $65.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The expansion observed in the historical period can be attributed to various factors, including increased demand in the food and beverage industry, the growth of the processed food industry, heightened consumer awareness about health and nutrition, the availability and accessibility of raw materials, and the influence of government regulations and policies.
The starch derivatives market size is expected to see strong growth in the next few years. It will grow to $80.51 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing applications of starch derivatives in non-food industries such as pharmaceuticals and textiles, a growing demand for clean label and natural ingredients, the rising adoption of plant-based and gluten-free diets, the expansion of emerging markets and urbanization, and an increase in disposable income. Key trends expected in the forecast period encompass the utilization of functional and specialty starches, a focus on sustainable sourcing and production, continuous research and development efforts, the demand for customization and tailored solutions, and technological advancements in processing methods.
The anticipated growth in the starch derivatives market is driven by the increasing demand for convenience and processed food. Convenience and processed food, categorized as tertiary packaged food, aim to reduce consumer kitchen time, minimize wastage-related expenses, and achieve cost savings through economies of scale. Starch derivatives have emerged as environmentally friendly products, serving as effective binding and gelling agents. The food and beverage sector has witnessed a significant surge in the demand for starch derivatives, especially amid rising sugar values. For instance, the global processed snacks market is projected to rise from $96.9 billion in 2020 to $142.0 billion by 2025. Therefore, the upward trajectory in the demand for convenience and processed food is a key factor fueling the growth of the starch derivatives market.
The growth of the starch derivatives market is expected to be propelled by the increased prevalence of obesity. Obesity, characterized by excessive body fat accumulation with potential health impacts, necessitates effective management strategies. Starch derivatives play a role in obesity management by improving glycemic control, reducing fat absorption, lowering calorie density, and enhancing nutrient delivery. For instance, in July 2022, according to the Economic Research Service, the prevalence of adult obesity in the United States increased by 3% during the initial year of the COVID-19 pandemic (from March 13, 2020, to March 18, 2021) compared to the pre-pandemic period. Therefore, the rising prevalence of obesity is expected to contribute to the growth of the starch derivatives market.
Major companies in the market are introducing innovative products such as ULTRA-TEX 1311. ULTRA-TEX 1311, a modified potato starch designed for dairy desserts, was launched by Ingredion Germany GmbH in March 2021. This starch variant has the potential to reduce cooking requirements and shorten processing durations, allowing food producers to save energy, time, and equipment expenses while achieving increased production efficiencies. ULTRA-TEX 1311 is well-suited for use in various products, including plant-based, low-fat, reduced-fat, healthier, and keto-friendly options.
Companies in the starch derivatives market are also focusing on developing derivatives from natural sources. Natural starch derivatives are modified forms of starch obtained from plant sources, aligning with clean-label standards and regulatory guidelines for both food and pharmaceutical applications. In January 2022, DFE Pharma, a Germany-based pharma company, introduced three starch-based excipients derived from natural sources. These starches serve multiple functions as binding agents, fillers, and disintegrating agents for solid oral pharmaceutical formulations.
In June 2021, Berner Ltd., a Finland-based consumer goods company, acquired a majority stake in Chemigate Ltd for an undisclosed amount. This strategic acquisition expands Berner Group's service offerings to the forest industry, complementing existing solutions in basic chemicals, magnesium products, and analytical and quality control. Chemigate Ltd., based in Finland, specializes in the production of modified starch-based derivatives, including binders, adhesives, and specialty chemicals.
Major companies operating in the starch derivatives market include Ingredion Incorporated, Tate & Lyle Inc., Roquette Frères SA, Beneo GmbH, Penford Corporation, Stern-wywiol Gruppe GmbH & Co KG, Archer Daniels Midland Company, Cargill Inc., Grain Processing Corporation, Tereos Internacional SA, Emsland-Starke Gmbh, Agrana Investment Corp., Gulshan Polyols Ltd., Fooding Company Limited, Foodchem International Corporation, Molinos Juan Semino SA, JP & SB International, Gujarat Ambuja Export Ltd., ShreeGluco Biotech Private Ltd., Shubham Starch Chem Pvt. Ltd., Matsutani Chemical Industry Co. Ltd., Sanstar Bio-Polymers Ltd., Jay Sardar Starch & Gum Consultant, Tirupati Starch & Chemicals Ltd., Ambuja Exports Ltd., Daymer Ingredients Limited, Vimal Ppce, The Wah Starch Public Company Limited, Universal Starch Chem Allied Ltd., Qindao Cbh Co. Ltd.
North America was the largest region in the starch derivatives market in 2023. The regions covered in the starch derivatives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the starch Derivatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The starch derivatives market consists of sales of corn starch derivatives, cassava starch derivatives, potato starch derivatives, wheat starch derivatives, and other starch derivatives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this starch derivatives market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of starch derivatives include glucose syrup, modified starch, maltodextrin, hydrolysates, and cyclodextrin. These derivatives are manufactured using raw materials such as corn, cassava, potato, and wheat. Starch derivatives are available in both dry and liquid forms. They serve multiple functions, including acting as binders, thickeners, stabilizers, sweeteners, lustering agents, powdering agents, and are utilized in fish culture feed, expanded feed, caking agents, dehumidification agents. These derivatives find applications in various industries, including the food and beverage industry, medical industry, chemical industry, personal care and hygiene industry, as well as the paper and pulp industry.
The starch derivatives market research report is one of a series of new reports that provides starch derivatives market statistics, including starch derivatives industry global market size, regional shares, competitors with a starch derivatives market share, detailed starch derivatives market segments, market trends and opportunities, and any further data you may need to thrive in the starch derivatives industry. This starch derivatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The starch derivatives market size has grown steadily in recent years. It will grow from $62.31 billion in 2023 to $65.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The expansion observed in the historical period can be attributed to various factors, including increased demand in the food and beverage industry, the growth of the processed food industry, heightened consumer awareness about health and nutrition, the availability and accessibility of raw materials, and the influence of government regulations and policies.
The starch derivatives market size is expected to see strong growth in the next few years. It will grow to $80.51 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing applications of starch derivatives in non-food industries such as pharmaceuticals and textiles, a growing demand for clean label and natural ingredients, the rising adoption of plant-based and gluten-free diets, the expansion of emerging markets and urbanization, and an increase in disposable income. Key trends expected in the forecast period encompass the utilization of functional and specialty starches, a focus on sustainable sourcing and production, continuous research and development efforts, the demand for customization and tailored solutions, and technological advancements in processing methods.
The anticipated growth in the starch derivatives market is driven by the increasing demand for convenience and processed food. Convenience and processed food, categorized as tertiary packaged food, aim to reduce consumer kitchen time, minimize wastage-related expenses, and achieve cost savings through economies of scale. Starch derivatives have emerged as environmentally friendly products, serving as effective binding and gelling agents. The food and beverage sector has witnessed a significant surge in the demand for starch derivatives, especially amid rising sugar values. For instance, the global processed snacks market is projected to rise from $96.9 billion in 2020 to $142.0 billion by 2025. Therefore, the upward trajectory in the demand for convenience and processed food is a key factor fueling the growth of the starch derivatives market.
The growth of the starch derivatives market is expected to be propelled by the increased prevalence of obesity. Obesity, characterized by excessive body fat accumulation with potential health impacts, necessitates effective management strategies. Starch derivatives play a role in obesity management by improving glycemic control, reducing fat absorption, lowering calorie density, and enhancing nutrient delivery. For instance, in July 2022, according to the Economic Research Service, the prevalence of adult obesity in the United States increased by 3% during the initial year of the COVID-19 pandemic (from March 13, 2020, to March 18, 2021) compared to the pre-pandemic period. Therefore, the rising prevalence of obesity is expected to contribute to the growth of the starch derivatives market.
Major companies in the market are introducing innovative products such as ULTRA-TEX 1311. ULTRA-TEX 1311, a modified potato starch designed for dairy desserts, was launched by Ingredion Germany GmbH in March 2021. This starch variant has the potential to reduce cooking requirements and shorten processing durations, allowing food producers to save energy, time, and equipment expenses while achieving increased production efficiencies. ULTRA-TEX 1311 is well-suited for use in various products, including plant-based, low-fat, reduced-fat, healthier, and keto-friendly options.
Companies in the starch derivatives market are also focusing on developing derivatives from natural sources. Natural starch derivatives are modified forms of starch obtained from plant sources, aligning with clean-label standards and regulatory guidelines for both food and pharmaceutical applications. In January 2022, DFE Pharma, a Germany-based pharma company, introduced three starch-based excipients derived from natural sources. These starches serve multiple functions as binding agents, fillers, and disintegrating agents for solid oral pharmaceutical formulations.
In June 2021, Berner Ltd., a Finland-based consumer goods company, acquired a majority stake in Chemigate Ltd for an undisclosed amount. This strategic acquisition expands Berner Group's service offerings to the forest industry, complementing existing solutions in basic chemicals, magnesium products, and analytical and quality control. Chemigate Ltd., based in Finland, specializes in the production of modified starch-based derivatives, including binders, adhesives, and specialty chemicals.
Major companies operating in the starch derivatives market include Ingredion Incorporated, Tate & Lyle Inc., Roquette Frères SA, Beneo GmbH, Penford Corporation, Stern-wywiol Gruppe GmbH & Co KG, Archer Daniels Midland Company, Cargill Inc., Grain Processing Corporation, Tereos Internacional SA, Emsland-Starke Gmbh, Agrana Investment Corp., Gulshan Polyols Ltd., Fooding Company Limited, Foodchem International Corporation, Molinos Juan Semino SA, JP & SB International, Gujarat Ambuja Export Ltd., ShreeGluco Biotech Private Ltd., Shubham Starch Chem Pvt. Ltd., Matsutani Chemical Industry Co. Ltd., Sanstar Bio-Polymers Ltd., Jay Sardar Starch & Gum Consultant, Tirupati Starch & Chemicals Ltd., Ambuja Exports Ltd., Daymer Ingredients Limited, Vimal Ppce, The Wah Starch Public Company Limited, Universal Starch Chem Allied Ltd., Qindao Cbh Co. Ltd.
North America was the largest region in the starch derivatives market in 2023. The regions covered in the starch derivatives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the starch Derivatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The starch derivatives market consists of sales of corn starch derivatives, cassava starch derivatives, potato starch derivatives, wheat starch derivatives, and other starch derivatives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this starch derivatives market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Starch Derivatives Market Characteristics3. Starch Derivatives Market Trends And Strategies31. Global Starch Derivatives Market Competitive Benchmarking32. Global Starch Derivatives Market Competitive Dashboard33. Key Mergers And Acquisitions In The Starch Derivatives Market
4. Starch Derivatives Market - Macro Economic Scenario
5. Global Starch Derivatives Market Size and Growth
6. Starch Derivatives Market Segmentation
7. Starch Derivatives Market Regional And Country Analysis
8. Asia-Pacific Starch Derivatives Market
9. China Starch Derivatives Market
10. India Starch Derivatives Market
11. Japan Starch Derivatives Market
12. Australia Starch Derivatives Market
13. Indonesia Starch Derivatives Market
14. South Korea Starch Derivatives Market
15. Western Europe Starch Derivatives Market
16. UK Starch Derivatives Market
17. Germany Starch Derivatives Market
18. France Starch Derivatives Market
19. Italy Starch Derivatives Market
20. Spain Starch Derivatives Market
21. Eastern Europe Starch Derivatives Market
22. Russia Starch Derivatives Market
23. North America Starch Derivatives Market
24. USA Starch Derivatives Market
25. Canada Starch Derivatives Market
26. South America Starch Derivatives Market
27. Brazil Starch Derivatives Market
28. Middle East Starch Derivatives Market
29. Africa Starch Derivatives Market
30. Starch Derivatives Market Competitive Landscape And Company Profiles
34. Starch Derivatives Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Starch Derivatives Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on starch derivatives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for starch derivatives? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Type: Glucose syrup; Modified starch; Maltodextrin; Hydrolysates; Cyclodextrin 2) By Raw Material: Corn; Cassava; Potato; Wheat 3) By Form: Dry; Liquid 4) By Application: Binder; Thickener and Stabilizer; Sweetener; Lustering Agent; Powdering Agent; Fish Culture Feed; Expanded Feed; Caking Agent; Dehumidification Agent; Other Applications 5) By End User Industry: Food and Beverage; Medical Industry; Chemical Industry; Personal Care and Hygiene Industry; Paper and Pulp Industry; Other End-Users
- Companies Mentioned: Ingredion Incorporated; Tate & Lyle Inc.; Roquette Frères SA; Beneo GmbH; Penford Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Ingredion Incorporated
- Tate & Lyle Inc.
- Roquette Frères SA
- Beneo GmbH
- Penford Corporation
- Stern-wywiol Gruppe GmbH & Co KG
- Archer Daniels Midland Company
- Cargill Inc.
- Grain Processing Corporation
- Tereos Internacional SA
- Emsland-Starke Gmbh
- Agrana Investment Corp.
- Gulshan Polyols Ltd.
- Fooding Company Limited
- Foodchem International Corporation
- Molinos Juan Semino SA
- JP & SB International
- Gujarat Ambuja Export Ltd.
- ShreeGluco Biotech Private Ltd.
- Shubham Starch Chem Pvt. Ltd.
- Matsutani Chemical Industry Co. Ltd.
- Sanstar Bio-Polymers Ltd.
- Jay Sardar Starch & Gum Consultant
- Tirupati Starch & Chemicals Ltd.
- Ambuja Exports Ltd.
- Daymer Ingredients Limited
- Vimal Ppce
- The Wah Starch Public Company Limited
- Universal Starch Chem Allied Ltd.
- Qindao Cbh Co. Ltd.
Methodology
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