Wheat starch is obtained by removing the proteins from wheat flour and is similar in appearance to corn starch or flour in its processed state. Wheat starch has today become an essential part of the food industry where it is primarily being used as a thickening agent, food additive as well as an active ingredient in many food products. It also finds application as a production component in the textile and paper industry. Not only does it serve as a fat substitute but also works as an emulsifier, stabilizer and a glazing agent. Other uses of wheat starch include - in gel formation, adhesion, binding and moisture retention. According to IMARC Group, the global wheat starch market reached a value of US$ 3.84 Billion in 2020. Looking forward, the market is expected to exhibit stable growth during the forecast period (2021-2026).
IMARC’s latest study “Wheat Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” provides a detailed insight into the global wheat starch market. The report has segmented the market on the basis of major regions. Europe represents the biggest producer of wheat starch accounting for the majority of the total global production. The report has also analysed some of the key players operating in this market which include Tate and Lyle, Roquette Freres, Cargill Inc., Archer Daniels Midland, Tereos Syral, Crespel & Deiters, Jackering and Kroner Starke.
This report provides a deep insight into the global wheat 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 wheat 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 wheat starch industry in any manner.
Key Questions Answered in This Report?
The global wheat starch market is expected to be moderately impacted due to the outbreak of the coronavirus disease (COVID-19), as countries across the globe are adopting social distancing norms that have halted production and manufacturing activities.
The global wheat starch market reached a volume of 6.3 Million Tons in 2020.
The increasing demand for wheat starch as a stabilizing, thickening and gelling agent in various end use industries represents a key market driver.
On account of the growing demand for natural products, wheat starch is increasingly being utilized in the production of skincare products, such as face masks and body cleansers.
The global wheat starch market is expected to exhibit stable growth during the forecast period (2021-2026).
Based on the end use, the market is divided into sweeteners, fuel, paper and textiles, and food. Among these, sweeteners exhibit a clear dominance in the market, accounting for the majority of the total market share.
Region-wise, Europe represents the biggest producer of wheat starch, accounting for the majority of the total global production.
Leading industry players are Tate & Lyle plc, Roquette Freres S.A., Cargill, Incorporated, Archer Daniels Midland Company, and Tereos Group.
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