Industrial Starch Global Market Report 2024

Industrial starch finds applications in both food and non-food products. Starch, a polymeric carbohydrate comprised of glucose units linked by glycosidic bonds, is extracted from diverse natural sources like rice, wheat, potato, maize, and tapioca.

The primary categories of industrial starch products include cationic starch, ethylated starch, oxidized starch, acid-modified starch, and unmodified starch. Cationic industrial starch denotes a slurry of partially swollen starch granules created through treatment with a reactive compound. Various sources such as corn, wheat, cassava, potato, and others are employed in applications spanning the food, feed, paper, pharmaceutical, and other industries.

The industrial starch market research report is one of a series of new reports that provides industrial starch market statistics, including industrial starch industry global market size, regional shares, competitors with a industrial starch market share, detailed industrial starch market segments, market trends and opportunities, and any further data you may need to thrive in the industrial starch industry. This industrial starch 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 industrial starch market size has grown strongly in recent years. It will grow from $90.86 billion in 2023 to $98.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth observed in the historical period can be attributed to the longstanding utilization of starch in traditional sectors like food, paper, and textiles. Additionally, factors such as global population growth, escalating food consumption, the demand for convenience and processed food items, the expansion of the paper and packaging industry, as well as the increasing use of starch in textile and pharmaceutical applications have contributed to this growth.

The industrial starch market size is expected to see strong growth in the next few years. It will grow to $135.67 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The projected growth in the forecast period can be attributed to the increasing adoption of starch-based biofuels and renewable resources, as well as the expansion of starch into non-food industrial applications such as adhesives and textiles. There is also a growing demand for clean label and natural ingredients across various industries, driving the use of starch. Research and development efforts in modified and specialty starches are contributing to this growth, along with the rising incorporation of starch in formulations for pet food and animal feed. Key trends anticipated in the forecast period encompass the popularity of clean label and natural starch products, the utilization of starch-based adhesives and binders, the use of resistant starch in functional foods, the application of modified starches for enhanced texture and stability, as well as the development of starch-based biomaterials and polymers.

The industrial starch market is poised for growth, primarily driven by the burgeoning pharmaceutical industry. This sector encompasses the research, development, and production of pharmaceuticals by both public and private entities. Starches play a pivotal role in pharmaceutical applications, serving as an excipient, a diluent for tablets and capsules, a disintegrant for tablets and capsules, a glidant, and a binder. For instance, as per the Indian Economic Survey 2021, India's domestic pharmaceutical market achieved a value of USD 42 billion in 2021, and projections indicate it will surge to USD 65 billion by 2024, with further expansion anticipated to reach approximately USD 120–130 billion by 2030. Therefore, the escalating pharmaceutical sector is expected to drive the industrial starch market's growth.

The industrial starch market is set to be propelled by the increasing demand for biofuels. Biofuels, derived from renewable plant and animal materials, serve as an alternative to conventional fossil fuels. Industrial starch plays a vital role as a feedstock in the production of biofuels, particularly bioethanol. In 2021, the International Energy Agency (IEA) reported that global biofuel demand is projected to rise by 41 billion liters or 28% over the period of 2021-2026 in the main case, with ethanol consumption expected to reach between 102054.0 million liters/year and 106135.0 million liters/year in 2022. Thus, the surge in biofuel demand is a driving force behind the industrial starch market.

The noteworthy trend in the industrial starch market is the emphasis on product innovation. Major companies in this sector are dedicated to developing novel products to bolster their market position. For example, in March 2021, US-based food company Ingredion Incorporated introduced ULTRA-TEX 1311, an addition to their extensive range of potato-based solutions for the U.S. and Canada. ULTRA-TEX 1311, a modified potato starch, finds application in a wide variety of traditional and alternative formulations for achieving indulgent textures, enhancing stability compared to native potato starch, or replacing oil without compromising sensory appeal. It is particularly well-suited for plant-based, low-fat, reduced-fat, and keto-friendly applications.

Leading companies in the industrial starch market are also launching bio-based cationic starch additives, such as Texique CS-32 and Texique CS-P, to expand their sustainable product offerings. These additives, designed for personal care applications, are derived from bio-based sources. For instance, in June 2022, UK-based advanced composites manufacturer Scott Bader introduced Texique CS-32 and Texique CS-P, two new bio-based cationic starch additives for personal care. Texique CS-32, a naturally derived cationic polysaccharide, is suitable for clear formulations and offers benefits like hair detangling, softening, and skin moisturization. Texique CS-P, derived from potato starch, provides benefits such as hair detangling, shine, and moisturization. Both products are part of Scott Bader's sustainable Texique range, aligned with the company's 2036 Vision for sustainability and 'The Natural Step' principles.

In February 2021, UK-based food and beverage ingredients provider Tate & Lyle acquired an 85% stake in Thailand-based starch manufacturer Chaodee Modified Starch Co., Ltd. This strategic move is expected to enhance Tate & Lyle's ability to offer a broader range of tapioca-based solutions, meeting customer demands for better-tasting and clean-label foods.

Major companies operating in the industrial starch market include Cargill Inc., Archer Daniels Midland Company, Grain Processing Corporation, Tereos S.A., Manildra Group, Everest Starch India Pvt Ltd., AGRANA Beteiligungs-AG, Ingredion Inc., Kent Nutrition Group Inc., Altia PLC, Angel Starch and Food Pvt Ltd., Japan Corn Starch Co Ltd., Karandikars Cashell Private Limited, Bangkok Starch Industrial Co Ltd., Tate & Lyle PLC, Penford Corporation., The cooperative Royal Avebe U.A., Beneo GmbH, Südstärke GmbH, Universal Starch Chem Allied Ltd., Visco Starch Pvt Ltd., SPAC Starch Products Limited, Nexeo Solutions, Penta Manufacturing Company, Roquette Freres S.A, Spectrum Chemicals & Laboratory Products, Universal Preserv-A-Chem Inc.

North America was the largest region in the industrial starch market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial starch market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the industrial starch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The industrial starch market consists of sales of oil, gluten meal, and gluten feed. 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 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.


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