Global Wheat Starch Market to Grow at 2.7% During 2024-2032, Increasing Demand from Food and Beverages Sector

January 22, 2021 | Food & Beverages

According to the latest report by IMARC Group, titled "Wheat Starch Market Report by End-Use (Sweeteners, Fuel, Paper and Textile, Food, and Others) 2024-2032," the global wheat starch market size reached US$ 4.1 Billion in 2023. Wheat starch refers to the white powdery substance that is obtained by the processing of wheat grain of the genus Triticum. It is processed by removing the proteins from wheat flour, which is widely utilized across the food industry as a food additive, thickening agent and an active ingredient in the preparation of various foods. It is also commonly used as a stabilizer, emulsifier, fat substitute and a clouding or glazing agent to enhance the texture, adhesion, viscosity, gel formation, binding and moisture retention of numerous food items. Apart from this, wheat starch also finds multiple applications across the paper and textile industries.

Global Wheat Starch Market Trends:

The global market is majorly driven by the extensive applications of wheat starch across the food and beverages industry, facilitated by its excellent stabilizing, thickening and gelling properties. Rapid urbanization and the inflating disposable income levels of the masses have provided a boost to the sector, thereby providing an impetus to the demand for wheat starch across the globe. Moreover, since the processing of the starch removes gluten proteins from the flour, wheat starch is increasing preferred by health-conscious consumers and individuals with gluten allergy. Apart from this, the starch is widely utilized for the production of several low-calorie sweeteners, including sorbitol. Supported by the changing dietary preferences of the masses and the rising prevalence of lifestyle disorders across the globe, this is acting as another major growth-inducing factor. The market is further driven by the increasing applications of wheat starch in the formulation of multiple skincare and personal care products. Since the starch is known to absorb excess oil and impurities from the skin in an efficient manner, it forms an essential component in the manufacturing of face masks and body cleansers. This is further facilitated by the escalating preference for natural skincare products on the global level. Some of the other factors contributing to the market growth include the widespread adoption of wheat starch as a sizing agent and production component in textile and paper industries and its increasing utilization as a fat replacer in the food sector. On account of the aforementioned factors, the market is expected to grow at a CAGR of 2.7% during 2024-2032.

Market Summary:

  • On the basis of the end use, the market has been divided into sweeteners, fuel, paper and textile, food and others. Among these, sweeteners exhibit a clear dominance in the market, accounting for the majority of the total market share.
  • The competitive landscape of the market has been analyzed in the report with the detailed profiles of the key players. Some of these players include Tate and Lyle, Roquette Freres, Cargill Inc., Archer Daniels Midland, Tereos Syral, Crespel & Deiters, Jackering and Kroner Starke.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion, Million Tons
End-Uses Covered Sweeteners, Fuel, Paper and Textile, Food, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Wheat Starch Market to Grow at 2.7% During 2024-2032, Increasing Demand from Food and Beverages Sector
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