The future of the global starch market looks promising with opportunities in the modified and native markets. The global starch market is expected to reach an estimated $17.9 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for starch in the food and beverage industry and growing usage of starch in industrial applications.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the starch market by source
(corn, wheat, potato, tapioca, and others), type (modified and native),
application (food industry, industrial, and pharmaceuticals), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, corn,
wheat, potato, and tapioca are the major segments of starch market by source.
Lucintel forecasts that corn will remain the largest segment over the forecast
period because it is used as major ingredient in thicken soup and desserts so
as to make food crispy and tasty.Within this market, modified will remain the
larger segment due to growing usage of modified starch in food and beverage.
APAC will remain the
largest region over the forecast period due to increasing population and
growing disposable income in the region.
Ingredion, Cargill, Adm,
Tate & Lyle, Roquette, Avebe, Henan Starch Holdings, China Starch Holdings,
Cristal Global, and Agrana Beteiligungs are the major suppliers in the starch
market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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