The North America native starch market reached a volume of 23.3 Million Tons in 2018. Native starch refers to a white, odorless, and tasteless substance obtained from plant sources like maize, wheat, tapioca, and potato. It is mainly present in seeds, roots or tubers, stem pith, and fruits and acts as a major energy reserve for plants. Furthermore, native starch serves as a thickening, binding, and gelling agent, and offers freeze-thaw stability, moisture retention, and anti-staling properties. Owing to these benefits, native starch is widely used across the food, paper, cosmetic, textile, adhesive, and pharmaceutical sectors.
The North America native starch market is being driven by several factors. Native starch is being increasingly used as a thickening agent in the preparation of soups and sauces, salad dressings, custard, creamy spreads, and other canned food items. The emergence of the on-the-go lifestyle in the region has boosted the demand for these food products, thereby propelling the native starch market growth. Furthermore, rising health consciousness amongst consumers has fueled the demand for low-calorie sweeteners, which are made by using native starch as a key ingredient. Other than this, a large volume of corn-based native starch is widely used for livestock feed and manufacturing ethanol, which is impacting the market growth positively. Looking forward, IMARC Group expects the market to exhibit a stable growth during 2019-2024.
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