Wheat Starch market is expected to exceed US$ 4 Billion by 2024

2018-04-03 1

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According to the Renub Research’s new report, Wheat Starch market is expected to exceed US$ 4 Billion by 2024. Basically, starch is a carbohydrate obtained from agro raw materials which is actively used in thousands of everyday food and non-food applications and is considered as one of the most important carbohydrate in the human diet. Also, due to its nature of being biodegradable and renewable it is
also considered as a substitute for numerous chemical applications such as plastics, detergents, glues etc.

Today, Starch has become one of the significant agro-based industrial commodities due to its wide range application in various industries. Though the extraction of starch from wheat is complex, which includes multiple steps such as steeping, degerminating, by-products recovery and so on, due to its rising demand, wheat starch market is witnessing a significant growth.

With the continuous demand from various industries which include food, pharma, chemicals, corrugating, paints and so on; the wheat starch market is thriving to touch the glory year on year.

Renub Research report titled “Wheat Starch Market, Consumption & Global Forecast, by (Native Starch, Modified Starch, Sweeteners), Countries (Americas, Europe, Asia Pacific, ROW) Applications (Confectionery & Drinks, Processed Food, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, Non-food) Companies (Cargill, Ingredion, Archer Daniels, Midland Company, Tate & Lyle, Riddhi Siddhi Gluco Biols LTD, Gulshan Polyols Limited)” studies the global Wheat Starch market and volume in-depth and provides an all-encompassing analysis of the key growth drivers and preventive factors, market and volume trends, key players and their projections for the future.

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By Products — Market Segmentation
Wheat Starch Market has been segmented as Native Starch, Modified Starch and Sweeteners. With multiple functionalities and advantageous properties, starch acts as one of the most proficient constituent of any food item such as Sweeteners, which are able to crystallize easily, hence it is used by a number of candies, jam and jelly manufacturers.
By Application — Market Segmentation
Wheat Starch Market has also been segmented on the basis of its usages in several industries which include Processed Food, Pharma & Chemicals, Confectionery and drinks, Paper Making, nonfood and so on. For instance; today pet food manufacturers are actively using starch or its co-products as they are high in protein content which makes them a good substitute of meat.
By Region — Market Segmentation
On the basis of Region, Europe & Asia Pacific region control the Wheat starch market globally. Apart from that, this report studies the Wheat starch market of Americas & Rest of the world.