Industrial Starch Market Unlocking Growth Potential: Analysis and Forecasts 2025-2033

Key Insights

The size of the Industrial Starch Market market was valued at USD 52.6 Billion in 2023 and is projected to reach USD 77.03 Billion by 2032, with an expected CAGR of 5.6% during the forecast period. In comparison, industrial starches derived from plant sources including corn, wheat, cassava, and potatoes have numerous uses and form an important industrial feedstock that caters to widespread applications across diverse industries including the food industry for use as a thickening and stabilizing agent, the pharmaceutical industry where starch is an excipient used for tablet formulation, and bio-based plastics as well as chemical manufacturing. With those challenges, namely fluctuating prices of raw material, supply chains, and even the need to innovate to adhere to consumer wants and regulatory mandates, the market continues to flourish.Another aspect that the market faces is constantly changing regulatory standards, especially regarding food safety and environmental issues. In this case, companies need to adhere to more stringent rules and regulations. The market, however, will still continue on its growth curve due to sustained demand for starch-based solutions across multiple industries. The leading players in the industry include Archer Daniels Midland Company, Tate & Lyle, Cargill, and Manildra Group, which are investing in research and development to diversify product offerings, improve sustainability practices, and expand their presence in the global market. These companies focus on innovation through low-calorie starches, non-GMO products, and sustainable sourcing practices to respond to the emerging demands of consumers and regulatory bodies.

Industrial Starch Market Concentration & Characteristics

The industrial starch market is characterized by a moderate level of concentration, with a few major players accounting for a significant portion of the market share. The market is highly competitive, with companies investing in research and development to improve product quality and functionality. Regulatory compliance and product safety concerns play a critical role in the industry, as starch is used in various food and non-food applications.

Industrial Starch Market Trends

Key trends shaping the industrial starch market include:

• Growing demand for modified starch: Modified starches offer tailored properties for specific applications, driving their adoption in various industries.
• Rising environmental concerns: Consumers and regulatory bodies are demanding more environmentally friendly starch production processes, leading to the development of sustainable alternatives.
• Technological advancements: Innovations in starch extraction and modification technologies are enhancing product efficiency and versatility, creating new market opportunities.

Key Region or Country & Segment to Dominate the Market

The Asia Pacific region is expected to dominate the industrial starch market, driven by the region's large population and growing demand for food and non-food applications. Corn and potato starch are major segments in terms of production volume, while the modified starch segment is experiencing significant growth due to its versatility and improved functionalities.

Industrial Starch Market Product Insights Report Coverage & Deliverables

The report provides in-depth insights into the industrial starch market, including:

• Market size and growth projections
• Market segmentation by source, function, production type, and application
• Analysis of key market trends and drivers
• Profiles of leading players in the market

Industrial Starch Market Analysis

The industrial starch market is valued at approximately $52.6 billion and is projected to grow at a CAGR of 5.6% over the forecast period. The food and beverage industry remains the largest application segment, accounting for a significant share of the market.

Industrial Starch Market Regional Insights

• North America: U.S. is the key market, driven by the demand for processed foods and beverages.
• Europe: Germany and the UK are major markets, with a strong focus on starch-based biofuels.
• Asia Pacific: China and India are rapidly growing markets, fueled by the growing population and urbanization.
• Latin America: Brazil and Mexico are significant markets, with a growing demand for starch in the food and beverage industry.
• Middle East and Africa: Saudi Arabia and Egypt are key markets, experiencing demand for starch in adhesives and paper applications.

Driving Forces: What's Propelling the Industrial Starch Market

• Growing demand for processed foods and beverages
• Rising use of starch in non-food applications
• Government initiatives on food security and sustainability
• Technological advancements in starch modification

Challenges and Restraints in Industrial Starch Market

• Fluctuations in raw material prices
• Regulatory compliance and product safety concerns
• Competition from alternative materials

Emerging Trends in Industrial Starch Market

• Development of sustainable starch production processes
• Increasing use of modified starch in food and non-food applications
• Advancements in starch extraction and modification technologies

Industrial Starch Industry News

In April 2021, Cargill Inc. announced plans to expand its specialty tapioca starch offerings for the Asia Pacific region, partnering with Starpro, a food-grade tapioca starch producer in Thailand.

Leading Players in the Industrial Starch Market

• Cargill, Incorporated
• Archer Daniels Midland Company (ADM)
• Ingredion Incorporated
• Tate & Lyle PLC
• Roquette Frères
• Avebe
• Grain Processing Corporation (GPC)
• Penford Corporation (Ingredion)
• Agrana Stärke GmbH
• Emsland Group
• Universal Starch Chem Allied Ltd.
• Visco Starch
• Banpong Tapioca Flour Industrial Co., Ltd.
• Tirupati Starch & Chemicals Ltd.
• Native American Natural Foods

Industrial Starch Market Segmentation

• 1. Source
  • 1.1. Corn Starch
  • 1.2. Potato Starch
  • 1.3. Wheat Starch
  • 1.4. Cassava Starch
  • 1.5. Rice Starch
  • 1.6. Others
• 2. Function
  • 2.1. Thickening Agent
  • 2.2. Stabilizing Agent
  • 2.3. Binding Agent
  • 2.4. Gelling Agent
  • 2.5. Film-Forming Agent
  • 2.6. Emulsifying Agent
• 3. Production
  • 3.1. Native Starch
  • 3.2. Modified Starch
  • 3.3. Cationic Starch
  • 3.4. Oxidized Starch
  • 3.5. Acetylated Starch
  • 3.6. Resistant Starch
  • 3.7. Pre-gelatinized Starch
  • 3.8. Others
• 4. Application
  • 4.1. Food and Beverage Industry
  • 4.2. Paper Industry
  • 4.3. Textile Industry
  • 4.4. Pharmaceuticals
  • 4.5. Adhesives and Glues
  • 4.6. Cosmetics and Personal Care
  • 4.7. Others

Industrial Starch Market Segmentation By Geography

• 1. North America
  • 1.1. U.S.
  • 1.2. Canada
• 2. Europe
  • 2.1. Germany
  • 2.2. UK
  • 2.3. France
  • 2.4. Spain
  • 2.5. Italy
• 3. Asia Pacific
  • 3.1. China
  • 3.2. Japan
  • 3.3. India
  • 3.4. Australia
  • 3.5. South Korea
  • 3.6. Indonesia
  • 3.7. Malaysia
• 4. Latin America
  • 4.1. Brazil
  • 4.2. Mexico
  • 4.3. Argentina
• 5. Middle East & Africa
  • 5.1. South Africa
  • 5.2. Saudi Arabia
  • 5.3. UAE
  • 5.4. Egypt