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Global Native Starch Market will exceed US$ 7 Billion by the end of year 2024. Starch is a white, tasteless, solid carbohydrate, (C 6H 10O 5)n, occurring in the form of tiny granules in the seeds, tubers, and other parts of plants, and forming an important constituent of corn, wheat, cassava, potatoes, rice, beans, and many other vegetable foods.
Generally, native starch is used as a common ingredient in the daily human diet. However, it is being actively used as one of the major constituents in different industries such as food and non-food, pharmaceuticals, paper, textile, beverages and chemicals, which has indeed augmented the growth of the native starch market. The native starch industry is said to grow in the coming future due to its surging demand as emulsifier, binder, thickening agent, and stabilizer.
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Market Segmentation
On the basis of raw materials, the native starch market is segmented as corn, wheat, cassava and potato. Native starch is used in sauces, soups desert puddings, and other food applications just to enhance the taste and flavor of the food recipes.
Native starch market is also segmented on the basis of its application in various industries such as Confectionery and Drinks, Processed food, Corrugating and Paper Making, Feed, Pharmaceuticals and Chemicals and other nonfood. Native starch is widely used in confectionery, bakery and dairy products to provide texture and consistency to the final product and in pharmaceutical industry; it is used in the formulation of tablets.
Regional Aspect
On the basis of regions, the native starch market has been segmented into Americas, Europe, Asia-Pacific and Rest of World. The native starch market is mostly dominated by Americas and Asia-Pacific. While on the basis of production, Americas is having the maximum production share among all the regions studied in this report.
Native Starch Market Key Players
Some of the key players in the global native starch market include Cargill, Ingredion, Tate & Lyle, Archer Daniels Midland Company, Riddhi Siddhi Gluco Biols Ltd. and Gulshan Polyols Ltd.
Renub Research report titled “Global Native Starch Market, Production & Forecast, By (Corn, Wheat, Cassava, Potato), By (Americas, Europe, Asia Pacific, ROW) By (Confectionery & Drinks, Processed Food, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, Non-food)” studies the global starch market and production. This 174 page report with 153 Figures provides an all-encompassing analysis of the key growth drivers and restraining factors, market and production trends, and their projections for the upcoming years.