Native starch is a white, tasteless, and odourless substance which is obtained from various plant sources. It offers freeze-thaw stability and acid resistance, as a result of which it is used for various applications. It is available in powdered or gel-like form in the market at affordable prices, as a result of which, it is extensively used in a variety of applications. IMARC Group’s latest report titled, “Native Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global native starch market reached a volume of more than 87 Million Tons in 2017, growing at a CAGR of nearly 3%. during 2010-2017.
The market for native starch is currently being driven by its expanding application in both, food and non-food sectors. In the food sector, it is used as a thickening agent and a stabilizer in a variety of products, such as custard, desserts, sauces, etc. On the other hand, the major non-food sectors where native starch is used are sweeteners, pharmaceuticals, cosmetics and paper. According to the report, the market is further expected to reach a volume of more than 95 Million Tons by 2023.
The report has segmented the global native starch market on the basis of types of feedstock used, including corn, wheat and cassava. Currently, corn is the most popular feedstock used for the production of native starch. The report has also analysed the market on a regional basis covering the United States, European Union and China. Amongst these, the United States represents the largest market for native starch, accounting for the majority of the production. An evaluation of the competitive landscape of the market provides the details of the key players operative in the market. Some of the major players are Cargill, Ingredion, ADM, Tate & Lyle, and Roquette.
This report provides a deep insight into the global native starch industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a native starch manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the starch industry in any manner.
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