Title: Industrial Starch Market - Forecast(2023 - 2028)
1Industrial Starch MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Industrial Starch Market size is estimated to
reach 82.4 billion by 2027, growing at a CAGR of
5.9 during the forecast period 2022-2027. Starch
is a necessary portion of adhesive formulations
and is utilized in an extensive series of
industrial uses. The industrial starch is
extracted from different organic sources like
wheat, rice, tapioca, potato, and maize. Wheat,
maize, and potato are the most typically utilized
industrial starches. Starch is a polymer of
glucose connected to another one by way of the
glycosidic bonds.
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- Key Takeaways
- Geographically, North America (Industrial Starch
Market) accounted for the highest revenue share
in 2021 and it is poised to dominate the market
over the period 2022-2027 owing to the soaring
sales of industrial starches, with starch being a
kind of polysaccharide, in the U.S. in the North
American region. - Industrial Starch Market growth is being driven
by the development of the food and beverage
industry and the soaring application of
industrial starch with starch being a kind of
polysaccharide, in the production of frozen,
packaged, and convenience food products. However,
the soaring cost of RD activities is one of the
major factors hampering the growth of the
Industrial Starch Market.
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By Distribution Channel- Segment Analysis The
Industrial Starch Market based on the source can
be further segmented into Corn, Wheat, Cassava,
Potato, and Others. The Corn Segment held the
largest market share in 2021. This growth is
owing to the soaring application of corn starch
owing to corn starch being gluten-free. Corn
starch is one of the staple foods of numerous
countries. Corn starch is a good source of energy
and averts reduced blood sugar in people with
nocturnal hypoglycemia and this is further
propelling the growth of the Corn segment.
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- Industrial Starch Market Industry Outlook
- Archer Daniels Midland Company (ADM)
- Tate Lyle
- Grain Processing Corporation
- Cargill
- Ingredion Incorporated
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Industrial Starch Market- Forecast(2021 -
2026) Learn More About the Report
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-Starch-Market-Research-504724
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- Analyst Briefing
- Data Tables
- Key Contacts
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