The starch derivatives market is estimated to be valued at USD 60.31 Bn in 2024, growing at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. The global starch derivatives market has been witnessing significant growth in recent years. Starch is one of the most abundant natural polymers found in plants and is a critical component of the human diet. Starch derivatives refer to modified forms of starch that are produced through chemical, physical, or enzymatic processes to alter the functionality and properties of native starch. Some common starch derivatives include maltodextrin, cyclodextrin, glucose syrup, and hydrolysates. These derivatives find widespread applications in various industries, such as food and beverages, paper, pharmaceuticals, textiles, and others, owing to their thickening, stabilizing, binding, and gelling properties. The rise in packaged food consumption, growing demand for pharmaceutical excipients, and increasing need for specialty chemicals have been driving the demand for starch derivatives globally.
Market Dynamics:
The global starch derivatives market is expected to witness significant growth over the forecast period owing to various factors such as growing consumption of processed and convenience foods, expanding pharmaceutical industry, and increasing demand for specialty chemicals from end-use industries. The market has also been witnessing the rising adoption of natural and clean label ingredients which has boosted the demand for starch derivatives. However, stringent regulations associated with derivative production and fluctuating raw material prices may hamper the market growth. The key opportunity lies in the increasing applications of biodegradable polymers in the packaging sector which is boosting the demand for bioplastics containing starch derivatives.
Key Features of the Study:
- This report provides an in-depth analysis of the global starch derivatives market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global starch derivatives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Cargill, Incorporated , ADM , Tate & Lyle PLC , Roquette freres , AGRANA Beteiligungs-AG , Ingredion Incorporated , Green Processing Corp. (GPC) , Avebe , Emsland Group , Foodchem International Corporation, Sukhjit Starch & Chemicals Ltd. , Universal Starch Chem Allied Ltd , Primient , SPAC Starch Products (India) Private Limited , JP&SB International, Matsutani Chemical Industry Co., Ltd, Crespel & Deiters Group, SMSCor. , Manildra Group, and KMC.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global starch derivatives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
- Source:
- Wheat
- Corn
- Potato
- Sorghum
- Tapioca
- Others
- Method of Application:
- Binder
- Thickener and stabilizer
- Cake Mix
- Sweetener
- Lustering Agent
- Powdering agent
- Fish Culture Feed
- Expanded Feed
- Caking agent
- Shampoo
- Dehumidification Agent
- Others (Culture Medium, etc.)
- End User Industry:
- Industrial
- Food and beverage industry
- Medical Industry
- Agricultural Industry
- Chemical Industry
- Personal Care and Hygiene Industry
- Paper and Pulp Industry
- Textile Industry
- Manufacturing Industry
- Others (Construction Industry, etc.)
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Cargill, Incorporated
- ADM
- Tate & Lyle PLC
- Roquette freres
- AGRANA Beteiligungs-AG
- Ingredion Incorporated
- Green Processing Corp. (GPC)
- Avebe
- Emsland Group
- Foodchem International Corporation
- Sukhjit Starch & Chemicals Ltd.
- Universal Starch Chem Allied Ltd
- Primient
- SPAC Starch Products (India) Private Limited
- JP&SB International
- Matsutani Chemical Industry Co., Ltd
- Crespel & Deiters Group
- SMSCor.
- Manildra Group
- KMC