Industrial starches is transformed into sugars, by malting, and fermented to yield ethanol to manufacture biofuel, whisky and beer. It is treated to yield different by products which are used in various food processes. Industrial starch when dissolved in warm water, has various application such as thickeners, adhesive, emulsifiers, and others. Moreover industrial starches are highly used as an adhesive in paper, packaging material manufacturing, processed food which included snacks, baked food, condiments and others.
It is extracted and refined from seeds, roots and tubers, by using various process such as wet grinding, washing, sieving and drying. There is rise in demand for adhesive from the packaging industry as e-commerce industry is growing in recent years, higher demand for convenience food as fast food chains are growing, are major driving forces for Industrial Starches Market. Globally the market for industrial starches is estimated to grow at the rate of about 4% from 2016 to 2022.
Global Industrial Starch Market – Competitive Analysis
The Industrial Starch Market is competitive with major market players operating at the global level. 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. With manufacturers aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points from both supply and demand side. T
Starch industry is fragmented, for instance, the Chinese corn starch industry is highly fragmented with 14 leading corn-processing companies accounting for about 50% of China’s total corn processing capacity. The industry is likely to consolidate into fewer, larger companies through mergers, acquisitions and closures of small outmoded plants. ADM’s net sales from starches and sweeteners segment increased by 15.4% to USD 48.9 billion in 2011 from 2010 due to improved US demand from industrial starches. But the operating profit from sweeteners and starches segment decreased from USD 320 to USD 209 million due to increased corn/raw material prices.
The leading market players in the Global Industrial Starch market primarily are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France),
A Free Sample of This Report Is Available upon Request @ https://www.marketresearchfuture.com/sample_request/2060
- Corrugation & paper making is expected to witness a highest growth rate 4%
- Rise in demand for sweeteners from the range of food & beverage sector will grow at CAGR 4.06%
- In North American region U.S. dominates the market.
Global Industrial Starch Market – Segments
The global Industrial Starch market has been divided into Type, Form, Application, and Region.
On The Basis Of Type: Sweeteners, Modified Starch and Native Starch
On The Basis Of Form: Powder, Liquid, and Gel
On The Basis Of Application: Food & Beverages (Confectionery, Processed food, Beverages, and Others) and Non-Food (Corrugation & Paper making, Pharmaceuticals, Textile, Personal Care, and Others)
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.
Global Industrial Starch Market – Regional Analysis
The Global Industrial Starches Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global Industrial Starches Market is highly dominated by North America followed by Asia Pacific. The expansion of production facilities in the emerging economies such as India and China, coupled with increasing demand for the food, paper, and textile sectors is expected to drive the growth in Asia-Pacific region. The textile sector in China, Malaysia, and India further boost the growing domestic consumption coupled with favorable government regulations attracting investments and strengthening the market. European starch industry is also expected to generate high revenue owing to the robust manufacturing base of the food processing industry coupled with the growing demand in Germany. Also, huge demand for modified starch-based products from the convenience and packaged food sector would accelerate the growth of starches, thereby resulting in the improvement of margins of the food processing industry over the past couple of years.
Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/industrial-starches-market-2060
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar