According to the report, the global wheat starch market reached a volume of 6.45 million tons in 2022. Aided by the burgeoning demand in the food and beverage sector and its multifaceted applications in various industries, the market is projected to further grow at a CAGR of 1.1% between 2023 and 2028 to reach 6.88 million tons by 2028.
Wheat starch, extracted from the wheat kernel, is a white to off-white powder, primarily composed of carbohydrates. It’s predominantly utilised as a thickening, gelling, and stabilising agent in a plethora of food products, including sauces, soups, pastries, and noodles. The intrinsic properties of wheat starch, like its ability to modify texture and consistency, make it an invaluable component in the culinary world. Furthermore, the organic variants of wheat starch cater to the rising demand for clean-label ingredients, further augmenting its wheat starch market outlook.
A pivotal force driving the wheat starch market is its increasing integration into gluten-free products. As health-conscious consumers actively seek out gluten-free alternatives due to dietary restrictions or personal preferences, the demand for wheat starch in producing gluten-free bread, snacks, and other bakery items has seen a significant uptick.
Moreover, beyond the culinary realm, the wheat starch market demand is expected to get spearheaded in the coming years, as the product finds application in diverse sectors. The textile industry harnesses its properties for sizing and finishing, enhancing the fabric's strength and weaving efficiency. The paper industry, on the other hand, leverages wheat starch as a surface sizing agent, binder, and adhesive, accentuating the paper’s print quality and durability.
The cosmetic and personal care industry is yet another significant consumer of wheat starch. Owing to its absorbent nature, it is incorporated into products like face powders, ensuring a matte finish by absorbing excess oils. Furthermore, the biodegradable nature of wheat starch resonates with the current sustainable and eco-friendly trends, making it a sought-after ingredient in environment-friendly packaging materials and products.
Furthermore, the increasing research and development in the area, coupled with technological advancements in extraction processes, are poised to offer avenues for wheat starch market growth. The rise of organic farming and non-GMO products presents an untapped market potential, with consumers increasingly leaning towards natural and unadulterated products.
This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Wheat starch, extracted from the wheat kernel, is a white to off-white powder, primarily composed of carbohydrates. It’s predominantly utilised as a thickening, gelling, and stabilising agent in a plethora of food products, including sauces, soups, pastries, and noodles. The intrinsic properties of wheat starch, like its ability to modify texture and consistency, make it an invaluable component in the culinary world. Furthermore, the organic variants of wheat starch cater to the rising demand for clean-label ingredients, further augmenting its wheat starch market outlook.
A pivotal force driving the wheat starch market is its increasing integration into gluten-free products. As health-conscious consumers actively seek out gluten-free alternatives due to dietary restrictions or personal preferences, the demand for wheat starch in producing gluten-free bread, snacks, and other bakery items has seen a significant uptick.
Moreover, beyond the culinary realm, the wheat starch market demand is expected to get spearheaded in the coming years, as the product finds application in diverse sectors. The textile industry harnesses its properties for sizing and finishing, enhancing the fabric's strength and weaving efficiency. The paper industry, on the other hand, leverages wheat starch as a surface sizing agent, binder, and adhesive, accentuating the paper’s print quality and durability.
The cosmetic and personal care industry is yet another significant consumer of wheat starch. Owing to its absorbent nature, it is incorporated into products like face powders, ensuring a matte finish by absorbing excess oils. Furthermore, the biodegradable nature of wheat starch resonates with the current sustainable and eco-friendly trends, making it a sought-after ingredient in environment-friendly packaging materials and products.
Furthermore, the increasing research and development in the area, coupled with technological advancements in extraction processes, are poised to offer avenues for wheat starch market growth. The rise of organic farming and non-GMO products presents an untapped market potential, with consumers increasingly leaning towards natural and unadulterated products.
Market Segmentation
The market can be divided based on type, end use, and region.Market Breakup by Type
- Native Starch
- Modified Starch
Market Breakup by End Use
- Sweeteners
- Fuel
- Paper and Textiles
- Food
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global wheat starch market. Some of the major players explored in the report are as follows:- Cargill Incorporated
- ADM
- Roquette Freres
- Tereos
- AGRANA Beteiligungs-AG
- Tate and Lyle
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges12 Value Chain Analysis17 Loans and Financial Assistance20 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Starch Market Overview
9 Global Wheat Starch Market Analysis
10 Regional Analysis
11 Market Dynamics
13 Trade Data Analysis (HS Code - 110811)
14 Price Analysis
15 Manufacturing Process
16 Project Details and Cost Analysis
18 Project Economics
19 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Cargill Incorporated
- ADM
- Roquette Freres
- Tereos
- AGRANA Beteiligungs-AG
- Tate and Lyle
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 168 |
| Published | September 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value in 2023 | 6.51 Million Tonnes |
| Forecasted Market Value by 2028 | 6.88 Million Tonnes |
| Compound Annual Growth Rate | 1.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 6 |
