According to the report by Expert Market Research (EMR), the global native starch market size is projected to grow at a CAGR of 4.3% between 2024 and 2032. Aided by the rising consumer demand for natural food additives and the broadening spectrum of native starch applications across diverse industries, the market is expected to grow significantly by 2032.
Native starch, a carbohydrate produced by most green plants as an energy reserve, is primarily extracted from corn, wheat, potatoes, and cassava. The substance is unmodified and retains its original form, making it ideal for numerous applications owing to its pristine state. Not only does it serve as a crucial energy source for plants, but it also finds itself as a pivotal ingredient in the food and beverage industry due to its thickening, water retention, and gelatinisation properties.
A pronounced factor propelling the global native starch market growth is the escalating consumer inclination towards natural ingredients. The discerning modern consumer, driven by health consciousness, is increasingly seeking out products devoid of chemical modifications, leading to a boom in the demand for native starches. The ongoing trend of clean and transparent labelling further accentuates this demand.
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Furthermore, native starch’s versatility is a boon for its market. Beyond its conventional use in the food and beverage domain, including in sauces, soups, and bakery products, native starch is carving niches in unexpected industries. In the pharmaceutical sector, for instance, it’s valued for its binding properties and is employed as a disintegrant in tablet formulations. Concurrently, in the cosmetics industry, native starch is leveraged as a natural ingredient in face powders and blushes, owing to its excellent oil-absorbing capacity.
Another avenue fuelling the native starch market demand is its cost-effectiveness compared to its modified counterparts. Given that native starches don’t undergo chemical alterations, their production processes are more straightforward, translating to cost savings. This advantage has made native starches a preferable choice for manufacturers aiming for quality while being cost-conscious.
The Asia Pacific region, with its burgeoning food and beverage sector, has emerged as a pivotal player in bolstering the native starch market size. Rapid urbanisation, coupled with changing dietary habits in countries like India, China, and Indonesia, is setting the stage for heightened native starch consumption.
Native Starch Market Segmentation
The market can be divided based on source, type, form, application, and region.
Market Breakup by Source
- Corn
- Wheat
- Potato
- Cassava
- Rice
- Others
Market Breakup by Type
- Corn Starch
- Wheat Starch
- Potato Starch
- Cassava Starch
- Rice Starch
- Others
Market Breakup by Form
- Gel
- Powder
- Others
Market Breakup by Application
- Food Industry
- Paper Industry
- Textile Industry
- Pharmaceuticals
- Personal Care
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Native Starch Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global native starch market. Some of the major players explored in the report by Expert Market Research are as follows:
- Cargill Inc.
- Tate & Lyle PLC
- Ingredion Incorporated
- Tereos Participations.
- Roquette Frères S.A.
- Royal Avebe
- AGRANA Beteiligungs-AG
- Others
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