Native Starches Market Analysis Share, Size, Key Driven, Regional Outlook, Trend, Forecast
Market Overview
Native starch is manufactured by extracting starch from plant sources such
as corn, cassava, potato, wheat and others. Native starches are starch granules
isolated from plant source used as binders, texturizers, thickeners,
stabilizers and setting agents. It is an essential ingredient for the food
industry found in huge range of food products, as it improves the nutritional
and sensory quality of food. In the food industry, starches are used as a
thickener, gelling agent, or as a stabilizer to manufacture snacks, meat products,
fruit juices and other food products. Due to its low cost, easy availability,
native starch is extensively used in various non-food application. There is
rise in demand from the personal care industry, native starches are widely used
in personal care products, in cream emulsions, as talc substitutes,
bio-degradable packaging material, and others. Globally the market for native
starches is estimated to grow at the rate of about 3.02% from 2016 to 2022.
Competitive analysis-
This report includes a study of strategies used in the market, mergers and
acquisitions in native starches, multiple product launch by native starches
market players. It further includes product portfolios and developments of
leading major players which includes
- Cargill,
Incorporated (U.S.)
- Archer
Daniels Midland Company (U.S.)
- Ingredion
Incorporated (U.S.)
- Tate
& Lyle PLC (U.K.)
- Agrana
Beteiligungs-AG (Austria)
- Grain
Processing Corporation (U.S.)
- Roquette
Frères (France)
The global native starches market analysis is mainly occupied
by some key manufacturers. The competitive environment in this market is
estimated to increase, with an increase in product portfolio from current key
players. Most of the companies operating in this market are focusing on
expanding its operations across the geographies, augmenting its capabilities
and investing in research and development to offer products with better
functionality.
Market Forecast
With changing dietary patterns, growing consumer health awareness and
increasing demand of functional food and beverages, has encouraged the use of
native starches in preparation of healthy, nutritional, and functional food
& beverage products. In the food industry, starch is used in formulations
of health, nutritional, and functional products has been considered one of the
most promising markets and it has motivated research in development of new
products. This trend supports the development of modern products such as
frozen, low-fat, organic and gluten-free foods, where starch can be used as the
main or co-ingredient.
These factors will play a key role in the growth of native starches market at
the CAGR of 3.02% during 2016-2022.
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By Application Analysis-
Additive-free foods made with recognizable ingredients continues to grow
because of rising consumer awareness as consumers read product labels and seek
natural & organic products. Food manufacturers are looking for organic and
natural food additives which offer enhanced end product appeal and a clean
label tag. Starch-based adhesives are extensively used in the bag
industry, specifically formulated to make corrugating adhesives moisture
resistance, is used in making corrugated boxes. Native starches are added
before or after emulsification to achieve different effects, when native
starches are added before emulsification it provides a natural thickening and
emulsion stabilizes the product.
Regional Analysis
The global native
starches market analysis is segmented into North America, Europe, Asia
Pacific and Rest of the World (RoW). Among this North America has the major
market share followed by Asia-Pacific. Europe region is projected to grow at
the fastest CAGR of 3.63% during the forecast period
Market Segmentation-
Global native starches market share is segmented by source, form, application
and region
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its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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