Global Speciality Starches Market, By Product (Cationic, Starch Esters & Ethers, Resistant, Others), Function (Thickeners, Stabilizers, Binders, Emulsifiers, Others), Type (Large Granule Size, Medium Granule Size, Small Granule Size), Source (Corn, Potato, Wheat, Tapioca, Rice, Others), End User (Food & Beverage, Medical, Pet Food, Pharmaceuticals, Paper, Textiles, Others), Distribution Channel (B2B, B2C), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Speciality Starches Market
The speciality starches market is expected to witness market growth at a rate of 5.70% in the forecast period of 2021 to 2028 and is expected to reach USD 15.42 billion by 2028. Data Bridge Market Research report on speciality starches market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The advancements in the food and beverage sector are escalating the growth of speciality starches market.
Starch refers to a carbohydrate highly used in food manufacturing for several years serving as an essential nutrient in the body. The product is known to be white granule, organic substance naturally available that is stored by almost all plants for energy. The product could be said the modified form of traditional starch that is modified for a specific requirement. It is versatile and is soluble in water making it ideal for several function including thickening and stabilizing.
The increase in the adoption of the product in several industries such as food & beverages, pharmaceutical, paper and textiles among others owning to its versatility, acts as one of the major factors driving the growth of speciality starches market. The rise in demand for processed and convenience food among consumers because of the busy lifestyles of population across the globe and increase in research and development activities to develop innovative products accelerate the speciality starches market growth. The rise in demand for the product because of the functional properties of speciality starch and their ease of incorporation in a wide range of food applications further influence the speciality starches market. Additionally, changing lifestyle, growth in awareness, urbanization and surge in disposable income of people positively affect the speciality starches market. Furthermore, developments in food processing techniques extend profitable opportunities to the speciality starches market players in the forecast period of 2021 to 2028.
On the other hand, limited sources and high cost of natural additives are the factors expected to obstruct the speciality starches market growth. Rise in the prices of raw materials and issues with the approval from various regulatory bodies are projected to challenge the speciality starches market in the forecast period of 2021-2028.
This speciality starches market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on speciality starches market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Speciality Starches Market Scope and Market Size
The speciality starches market is segmented on the basis of product, function, type, source, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the speciality starches market is segmented into cationic, starch esters & ethers, resistant and others.
- On the basis of function, the speciality starches market is segmented into thickeners, stabilizers, binders, emulsifiers and others.
- On the basis of type, the speciality starches market is segmented into large granule size, medium granule size and small granule size.
- On the basis of source, the speciality starches market is segmented into corn, potato, wheat, tapioca, rice and others.
- On the basis of end user, the speciality starches market is segmented into food & beverage, medical, pet food, pharmaceuticals, paper, textiles and others. Food & beverage are further segmented into bakery, dairy, convenience foods, snacks & cereal, meat & poultry, soups & sauces, hotel/restaurant/café (HoReCa) and others.
- On the basis of distribution channel, the speciality starches market is segmented into B2B and B2C.
Global Speciality Starches Market Country Level Analysis
The speciality starches market is analysed and market size, volume information is provided by country, product, function, type, source, end user and distribution channel referenced above.
The countries covered in the global speciality starches market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the speciality starches market because of the rising awareness about the benefits of consuming low-fat food, favourable government policies in agriculture trade and large production of corn and corn starch within the region.
The country section of the speciality starches market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Speciality Starches Market Share Analysis
The speciality starches market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to speciality starches market.
The major players covered in the speciality starches market report are Archer Daniels Midland Company, Koninklijke DSM N.V., Tate & Lyle, Cargill, Incorporated, Givaudan, DuPont de Nemours, Inc., Sensient Technologies Corporation, Ingredion Incorporated, Chr. Hansen Holding A/S, Kerry Inc., MK Ingredients, Santosh Group, Birkamidon, Starch Europe, Tongaat Hulett, Roquette Frères and AGRANA Beteiligungs-AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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