Native Starches Market Share, Key Player, Statistics, Regional Demand, 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 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 share revenue at the CAGR of 3.02% during 2016-2022.
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 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.
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Market Segmentation-
Global native starches market is segmented by source, form, application and
region
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