Global Native Starches Market to Witness Stellar Revenue Growth Across Top Regional Pockets by 2027
Market Overview
Native starch is manufactured by
extracting starch from plant sources such as corn, cassava, potato, wheat and
others. Native starches are starch granules isolated from plant source used as
binders, texturizers, thickeners, stabilizers and setting agents. It is an
essential ingredient for the food industry found in huge range of food
products, as it improves the nutritional and sensory quality of food. In the
food industry, starches are used as a thickener, gelling agent, or as a stabilizer
to manufacture snacks, meat products, fruit juices and other food products. Due
to its low cost, easy availability, native starch is extensively used in
various non-food application. There is rise in demand from the personal care
industry, native starches are widely used in personal care products, in cream
emulsions, as talc substitutes, bio-degradable packaging material, and others.
Globally the native
starches market is estimated to grow at the rate of about 3.02% from 2016
to 2022.
Market Forecast
With changing dietary patterns,
growing consumer health awareness and increasing demand of functional food and
beverages, has encouraged the use of native starches in preparation of healthy,
nutritional, and functional food & beverage products. In the food industry,
starch is used in formulations of health, nutritional, and functional products
has been considered one of the most promising markets and it has motivated
research in development of new products. This trend supports the development of
modern products such as frozen, low-fat, organic and gluten-free foods, where
starch can be used as the main or co-ingredient.
These factors will play a key role in the growth of native starches market at the CAGR
of 3.02% during 2016-2022.
By Application Analysis-
Additive-free foods made with
recognizable ingredients continues to grow because of rising consumer awareness
as consumers read product labels and seek natural & organic products. Food
manufacturers are looking for organic and natural food additives which offer
enhanced end product appeal and a clean label tag. Starch-based adhesives
are extensively used in the bag industry, specifically formulated to make corrugating
adhesives moisture resistance, is used in making corrugated boxes. Native
starches are added before or after emulsification to achieve different effects,
when native starches are added before emulsification it provides a natural
thickening and emulsion stabilizes the product.
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Competitive analysis-
This report includes a study of
strategies used in the market, mergers and acquisitions in native starches,
multiple product launch by native starches market players. It further includes
product portfolios and developments of leading major players which includes
- Cargill,
Incorporated (U.S.)
- Archer Daniels
Midland Company (U.S.)
- Ingredion
Incorporated (U.S.)
- Tate &
Lyle PLC (U.K.)
- Agrana
Beteiligungs-AG (Austria)
- Grain
Processing Corporation (U.S.)
- Roquette
Frères (France)
The global native starches market is mainly occupied by some key manufacturers.
The competitive environment in this market is estimated to increase, with an
increase in product portfolio from current key players. Most of the companies
operating in this market are focusing on expanding its operations across the
geographies, augmenting its capabilities and investing in research and
development to offer products with better functionality.
Regional Analysis
The global native starches market is segmented into North America, Europe,
Asia Pacific and Rest of the World (RoW). Among this North America has the
major market share followed by Asia-Pacific. Europe region is projected to grow
at the fastest CAGR of 3.63% during the forecast period.
Market Segmentation-
Global native starches market is
segmented by source, form, application and region
NOTE: Our Team of
Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
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