Market Insight
Global Native Starches Market 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 applications. 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.
Growing demand for convenience food due to rise in the number of fast-food chains has boosted sales of native starches. Native starch is often used in powder form and is extensively used in the confectionery industries as molding powder which is used in manufacturing of jellies, sugar candies, and gums; it is also used in the preparation of pasta, noodles and in the formulation of instant foods and fried foods. Urbanization and diverse application of native starches are major factors supporting the growth of this market. 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 have 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.
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Key Players
The key players profiled in Native Starches Market are Archer Daniels Midland Company (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Grain Processing Corporation (U.S.) and Roquette Frères (France). Among many others.
Latest Industry Updates
Dec 2017 The Company Novidon has added value to potato starch isolated from side streams of potato processing companies such as French fry manufacturers.
Oct 2017 Cargill has launched a portfolio of functional native starches under the new SimPure brand. SimPure offers food and beverage manufacturer’s tailor-made, functional native starches that deliver the simple ingredient label consumers want, along with greater process tolerance, shelf life and storage stability.
May 2016 Ingredion Incorporated has unveiled two new additions to its line of functional clean label starches-NOVATION PRIMA 340 and 350—for extended cold shelf life stability in refrigerated, frozen and instant foods.
Jul 2016 Ingredion has extended its portfolio of clean label ingredients to 30 products with the launch of two multifunctional starches. Derived from rice, NOVATION 8300 and NOVATION 8600 starches enable manufacturers to develop on-trend recipes. Global Native Starches Market – Competitive Analysis
The native 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. Industrial players are involved in the acquisition of small players which will further support the company to expand and reach out to consumers across the regions. Consumers in developing countries are keen on exploring new product range offered to them and form a large consumer base. With strategic expansions, market players can focus on penetrating into the developing economies to expand their business portfolio.
Segments
The global Native Starches Market has been divided into Source, Form, Application and Region.
On the Basis of Source: Corn, Wheat, Cassava, Potato and others
On the Basis of Form: Powder, Gel and others
On the Basis of Application: Food & Beverages (Confectionery, Processed food, Beverages, and Others), Non-Food (Corrugating & Paper making, Pharmaceutical, textiles, Personal Care, and Others)
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
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