Native Starches Market Revenue, Industry Research Report, Growth Trends and Competitive Analysis 2020-2027
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 Revenue 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.
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
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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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