Global Industrial Starches Market to reach USD 81.8 billion by 2027.
Global Industrial Starches Market is valued at approximately USD 55.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.73 % over the forecast period 2021-2027. Industrial starch is made from a variety of natural sources, including wheat, corn, cassava, potato, and others. In the paper business, industrial starch is widely employed in the manufacturing and coating processes. The global industrial starch market is being driven by the fast growth of the food and food processing industries. They are employed in the food industry's manufacturing process to make a wide range of items. The global industrial starch market is expected to rise due to an increase in the use of industrial starch as adhesives in consumer items and the packaging industry. The industrial starch market is predicted to develop due to the rising trend of biofuels and biomaterials, as well as the usage of starch in this industry. With a production of 366.6 million metric tonnes in 2018-2019, the United States was the world's top producer of maize, which is used in a variety of applications, including the manufacturing of starch. Tate & Lyle announced a range of non-GMO products in January 2020, including starches made from country dent corn for use in jelly confections and processed cheese for texture enhancement. In comparison to the previous year, wheat production in the United States increased by 63 percent in 2019. However, high R&D costs may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Industrial Starches Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to increasing sales of industrial starches in the region. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to increasing demand for processed food across the region.

Major market player included in this report are:

Cargill Incorporated
Archer Daniels Midland Company
Ingredion Incorporated
Tate & Lyle PLC
Agrana Beteiligungs AG
Kent Nutrition Group Inc
Roquette Freres
The Tereos Group
Cooperatie Koninklijke Cosun UA
Altia PLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Source:
Corn
Wheat
Cassava
Potato
Other Sources
By Type:
Native
Starch Derivatives and Sweeteners
By End user:
Food
Feed
Paper Industry
Pharmaceutical Industry
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018-19
Base year - 2019-2020
Forecast period - 2021 to 2027.

Target Audience of the Global Industrial Starches Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors