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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 Value of US$ 3.84 Billion 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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