Analyst Speak:

“The Industrial Starch Market is estimated to reach about US$ 116.3 Bn by 2025, and the market is anticipated to grow at significant CAGR over the forecast period 2019-2025 owing to surge in demand for the industrial starch from food and beverage industries.

Precision Business Insights (PBI) in its report titled “Industrial Starch Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The industrial starch market expected to account for US$ 116.3 Bn by 2025 owing to increase in the consumption of industrial starch as adhesive packaging industry and consumer products. Moreover, wide range of applications with industrial starch, increase in number of end user industries, surge in consumption of bio-based food products, and increase in the cultivation of cassava and maize are anticipated to boost the global industrial starch market over the forecast years. However, fluctuations in raw material prices, availability of alternative products such as resin glue, and high R&D cost are impede the growth of industrial starch market over the forecast years.

Industrial starch market segmented on the basis of product type, source, application, function, form, and geographical regions.

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Food and Beverages Industry Segment Expected to Dominate the Market

Based on application, industrial starch market segmented into food and beverages industry, textile industry, feed industry, paper industry, and others. Among all of these industries, food and beverage industry dominated the industrial starch market owing to surge in the consumption of processed food products, increase in number of food and beverage industries, wide range of applications in the food industries such as gelling agent, thickener, sweetening agent, and stabilizer, and launch of rise in demand for functional food products. However, feed industry segment expected to burgeon with highest CAGR over the forecast years owing to rise in animal adoption rate and increase in animal health awareness among the population.

North America Accounts for Major Revenue Share for Industrial Starch Market

Precision Business Insights (PBI) industrial starch market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among all the regions, North America dominated the global industrial starch market in 2018 with an approximate share of 38.3% and same trend is expected over the forecast years owing to surge in demand for industrial starch from food, feed, and textile industries, presence of huge number of market players, and surge increase in the consumption of processed food products in the region. Asia Pacific is the fastest growing market in terms of revenue and the trend is expected to continue over forecast period due surge in demand from packaging and paper industries in the region.

Strategic Collaborations Play Vital Role in Industrial Starch Market

Collaborations and mergers are part of growth strategies that manufacturers deploy to gain a larger market share and to expand their product portfolio and geographical presence. For instance, in September 2019, Cargill, In. launched C iBond 25957, a high-performance, cationic, wet-end starch specifically designed for packaging paper applications

For More Information @ https://www.precisionbusinessinsights.com/market-reports/global-industrial-starch-market/

Key player’s profiles in the report are Cargill, Inc., Tate & Lyle plc, Archer Daniels Midland Company, Ingredion Corporation, Grain Processing Corporation, GreenTech Industries, Ltd., BASF SE, Agrana Beteiligungs-AG, Roquette Freres, and Royal Cosun.

Detailed Segmentation

By Product Type

Starch derivatives & sweeteners
Native Starch
Modified starch

By Source

Wheat
Potato
Corn
Cassava
Others

By Application Type

Food & beverage
Textile industry
Feed
Paper
Others

By Function

Thickening agent
Stabilizing agent
Binding agent
Film-forming agents
Texturizing
Gelling agent
Others

By Form

Liquid
Powder
Gel

Geography

North America

US
Canada

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
ASEAN
Rest of Asia Pacific

Latin America

Brazil
Mexico
Argentina
Chile
Rest of Latin America

Middle East and Africa

South Africa
Saudi Arabia
Rest of MEA

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