Market Overview and Forecast:
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.
Competitive Analysis and Key Player Profile:
This report includes a study of strategies used in the market, mergers and acquisitions in industrial starches, multiple product launch by Industrial Starches Market players. It further includes product portfolios and developments of leading major players which includes
• Ingredion Incorporated (U.S.)
• Tate & Lyle PLC (U.K.)
• Agrana Beteiligungs-AG (Austria)
• Archer Daniels Midland Company (U.S.)
• Grain Processing Corporation (U.S.)
• Roquette Frères (France)
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Research Analysis and Driving Factors:
Increase in demand for adhesive from packaging industry is driving the industrial starches market. Rise in the demand for industrial starches in construction industry, along with increasing demand for food additive especially as thickeners is responsible for the growth of the industrial starches market. Growing demand for starch is used in coating of papers as one of the binders. Coated paper has enhanced smoothness, stability, whiteness and hence improving the printing quality has boosted sales of industrial starches. Urbanization and versatility application of industrial starches is supporting the growth of this market in various application sectors.
Industrial starches are used as a depressant in the phosphate beneficiation process to increase the effectiveness of the flotation separation. High-quality starches are the standard for sizing and finishing of textile fabrics and to provide superior quality in a laundry application. Starch-based adhesives are extensively used in the bag industry. Specifically formulated to make corrugating adhesives moisture resistance, is used in making corrugated boxes. Ethylated starches are broadly used in a range of gypsum and ceiling tile, and it also economical binders. Malto-dextrin and corn syrup are used in food and beverage industries as additive and sweeteners. Extensive application of industrial starches will support the growth of this market.
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India will be the Fastest Growing Market:
North America has the major market share followed by Asia-Pacific. Asia-Pacific is projected to grow at the fastest rate in the coming years owing to increasing consumption of starch, its derivatives, and sweeteners. Due to the lower raw materials & production costs as well as less rigid environment regulations, Asia-Pacific region is at a higher and in a better position to produce starch at more competitive prices than developed countries of Europe and North America.
Key Points Covered in Table of Contents:
1 Report Prologue
2.2 Scope of the Study
3 Research Methodology
4 Market Dynamics
5 Mega Trends
6 Market Factor Analysis
7 Market Analysis- Introduction
8 Market Analysis-By Source
9 Market Analysis-By Type
10 Market Analysis-By Application
11 Market Analysis-By Functionality
12 Market Analysis-By Form
13 Market Analysis-By Region
14 Major Manufacturers Analysis of Industrial Starches
14.1 Archer Daniels Midland Company (U.S.)
14.2 Cargill, Incorporated (U.S.)
14.3 Ingredion Incorporated (U.S.)
14.4 Tate & Lyle PLC (U.K.)
14.5 Agrana Beteiligungs-AG (Austria)
14.6 Grain Processing Corporation (U.S.)
14.7 Roquette Frères (France)
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