Industrial starch when dissolved in warm water, has various application such as thickeners, adhesive, and others. Moreover, industrial starches are highly used as an adhesive in paper and packaging material manufacturing, packaging material manufacturing, processed food which included snacks, baked food, condiments and others etc. Industrial starch is converted into sugars by malting & fermented to yield ethanol to manufacture biofuel, whisky and beer etc. It is also treated to yield sweeteners which are used in various food processes. There is rise in demand for adhesive from the packaging industry as e-commerce industry is growing in recent years and 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 expected to grow at the rate of about 4% from 2016 to 2022.
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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
Cargill, Incorporated (U.S.)
Archer Daniels Midland Company (U.S.)
Ingredion Incorporated (U.S.)
Tate & Lyle PLC (U.K.)
Agrana Beteiligungs-AG (Austria)
Grain Processing Corporation (U.S.)
Roquette Frères (France)
The Industrial Starches Market is mainly occupied by some key manufacturers. The competitive environment in this market is expected to increase with an increase in product portfolio from current key players. 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.
Increase in demand for adhesive from packaging industry are 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.
These factors will play a key role in the growth of industrial starches market at the CAGR of 4% during 2016-2022.
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By Application Analysis:
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.
The Global Industrial Starches Market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Among this North America has the major market share followed by APAC.
Global industrial starches market is segmented by source, type, form, application and region
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