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The global native starch market reached a volume of 91.8 Million Tons in 2020. Looking forward, IMARC Group expects the market to reach a volume of 101.7 Million Tons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Native starch is a fine white powder with a neutral odor and taste, which is derived from maize, wheat, tapioca, potato, waxy maize, and high amylose maize. It is located primarily in the seeds, roots or tubers, stem pith, and fruit, and acts as a major energy reserve for plants. Native starch is employed as a binding, thickening and gelling agent that offers freeze-thaw stability, moisture retention and anti-staling properties. Moreover, it is insoluble in cold water and swells to different degrees depending on the temperature. Owing to these properties, it is currently being utilized in various food and non-food applications.
Starch represents one of the most abundant sources of carbohydrate which is used for preparing dishes such as soups, custard, sweets and sauces. This, coupled with the burgeoning food and beverage industry, is strengthening the growth of the global native starch market. Moreover, due to the increasing health awareness, the growing number of diabetic cases, unhealthy food consumption and sedentary lifestyles, there is a rise in the demand for low-calorie sweeteners. In addition to this, there is a rise in the demand for native starch, emerging especially from developing economies, on account of the growing economy, rapid urbanization, rise in the middle-class population and the increasing trend of westernization of food consumption patterns. Further, the usage of native starch is also expanding to non-food applications. Some of these applications include manufacturing of cosmetic products, pharmaceuticals, adhesives and paper.
IMARC Group provides an analysis of the key trends in each sub-segment of the global native starch market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on end-use.
Breakup by End-Use:
At present, sweeteners represent the largest end-use segment. They are widely utilized in the food industry as a sugar substitute in products such as soft drinks, pastries and canned goods. The rising health-consciousness among consumers and a shift towards low-calorie food represents the major factor spurring the demand for non-sugar sweeteners worldwide.
Regional Analysis (Production):
On the basis of the production, the United States represents the biggest producer of corn and corn starch in the world.
Regional Analysis (Consumption):
Based on the consumption, Asia Pacific accounts for the majority of the total market share. A surge in demand for processed foods, altering lifestyles and inflating income levels is providing a thrust to the market growth. Additionally, the thriving textile industry in the region is projected to drive the market growth.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the key players operating in the industry. Some of these players include:
|Base Year of the Analysis||2020|
|Units||Million Tons, US$ Billion|
|Segment Coverage||End Use, Region|
|Region Covered||Production (United States, European Union, China, Others), Consumption (North America, European Union, Asia Pacific, Latin America, Middle East and Africa)|
|Companies Covered||Cargill, Inc., Ingredion, Inc., Archer Daniels Midland Company (ADM), Tate & Lyle PLC, Roquette Frères and Tereos SA|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
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)|
The global native starch market reached a volume of 91.8 Million Tons in 2020.
The expanding food and beverage industry, along with extensive utilization of native starch for preparing dishes such as soups, custard, sweets and sauces, represent some of the factors catalyzing the global native starch market.
Sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of native starch.
Based on the end use, the global native starch market can be segmented into sweeteners, ethanol, food industry, paper industry, and others. Currently, sweeteners represent the largest segment.
On a regional level, the production of the market has been divided into United States, European Union, China, and Others. Among these, the United States currently dominates the global market.
On a regional level, the consumption of the market has been classified into North America, European Union, Asia Pacific, Latin America, and Middle East and Africa, where Asia Pacific currently leads the global market.
Some of the major players in the global native starch market include Cargill, Inc., Ingredion, Inc., Archer Daniels Midland Company (ADM), Tate & Lyle PLC, Roquette Frères, Tereos SA, etc.
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