South America Industrial Starch Market is expected to reach The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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By Type (Starch Derivatives & Sweeteners, Native Starch), Source (Corn, Cassava, Wheat, Potato, Others), Form (Liquid, Dry), Application (Food & Beverage, Corrugation & Paper Making, Pharmaceutical, Animal Feed, Textile, Cosmetics, Adhesive, Mining & Drilling, Construction & Building, Chemicals), Function (Stabilizing, Thickening, Gelling Agent, Film Forming Agents, Texturizing, Emulsifying, Binding, Coating, Moisture Retention, Sizing), Country (Brazil, Colombia, Argentina, Chile, Peru, Ecuador, Uruguay, Bolivia, Paraguay, Venezuela, Rest of South America)
Prominent factors driving the growth of this market consists of increasing consumption of processed and convenience food, various usage of starch and its derivatives in different industry, increasing demand of bio-fuel and bio material production. Factors which hampers the market is increasing the demand of gum industry.
Increasing Consumption of Processed and Convenience Food
Over the last three decades, the household consumption of unprocessed or minimally processed foods and processed culinary ingredients foods has been steadily replaced by consumption of ultra-processed ready-to-eat or ready-to-heat food products. Increasing population changes the agricultural practices in last few years. In order to meet the traditional and commercial requirements. . Increase in population results in the transition of socio- demographic factors and other factors like urbanization and food industry marketing products. Food policies considers both agricultural and health sector. As per the Food and Agriculture Organization (FAO) the food per capita consumption of food in 2015 was 2,990 kcal per person per day and it is expected to reach 3,200 kcal per person per day by 2050.
As per theUnited Nations the current population of South America is 429,062,600. Brazil is the fifth largest country which is consuming fortified/functional foods. As the consumption of fortified/functional foods are increasing, so the raw materials which are being used to manufacture these type of food such as starch is also rising.
According to the Euro monitor Consumption of Fortified or Functional Food and Beverages is driving in the Brazil. The demand is rising because of lack of time in day to day living. Due to families and career responsibilities there is less time to prepare the food so they consume the stored food. Starch is used in the filming of the food stuffs or add as a thickener(in Sauces, ice creams and other food material).
Various usage of Starch and its derivatives in different Industry
Starch is extracted from different sources like potato, corn, rice, barley and many others. Use of starch in industries depends mainly on various properties offered by starch like high gelatinization, molecule size and many more.
Starch has wide applications in various industries like food and beverage industry, textile industry, bakery industry due to its water binding, thicking, anti-caking ingredient, bulking ingredient and gluingagent and filming agent properties.
Starch is available in two different types such as native and modified type. Native starch generally heated before use in order to thicken it and increase the gelatinizing property.
Starch products are used in manufacturing of tissues paper bags, packaging paper, corrugating board and stationery. Starch improves the print quality and writing properties of paper. Printing and writing papers contain 4.1% starch, paper board contains 2.0% starch and domestic and industrial papers contains 1.9% starch.
In processed food, starch is used as preservative for Jam, jellies and fruit. It enhances the spread ability and flavor of jellies, jams and food preserves. Starch is used as filming agent to increase the shelf life of the food stuffs. Because of the thickening property of starch it is used in the preparation of soups and sauces.
Starch co-products have high protein contentand for that it is being used for animal feed. Whereas, modified starche and native starch are used as thickeners and binders in the food industries. It is a good source of fibre, and add special taste in the pet food.
Due to high purity and bacteriological quality of the starch it is used in the manufacturing of aqua feed. It is specially used for young fish.
In Pharmaceutical industry Starch is used in the tablet formulation as diluent/fillers/bulking agent, anti-adherent and lubricant and has various other properties.
In 2017, AGRANA Beteiligungs-AG (Germany) completed the acquisition of Main Process S.A.,(Argentina). Through this acquisition the company had expanded its business portfolio in Argentina.
As starch is having various applications in different industries such as textile, food & beverage, paper, cosmetic and many more, so due to the growth of these industries there is tremendous rise of demand in the starch market.rising demand of starch market.
As the starch is used in all the industries and this acts in increasing thedemand of starch industry thereby enhancing its growth at a faster rate in the market.to grow at a very fast pace
Some of the prominent participants operating in this market are Cargill (U.S.), Archer Daniels Midland Company (U.S.), Ingredion (U.S.), Roquette (France), Tereos (France), Meelunie (Netherland), Tate & Lyle (U.K.), and among others.
South America Industrial Starch Market – Industry Trends and Forecast to 2027