Industrial Starch Market by Type (Native, Starch Derivatives & Sweeteners), Source (Corn, Wheat, Cassava, Potato), Application (Food, Feed, Paper Making & Corrugation, Pharmaceutical), Form (Dry, Liquid), and Region - Global Forecast to 2022

“By volume, the industrial starch market projected to grow at a CAGR of 3.80%”
The industrial starch market is projected to reach 113.9 MT by 2022 at a CAGR of 3.80% from 2016. In terms of value, the same market is projected to reach USD 106.64 billion by 2022, at a CAGR of 6.64% from 2016. The market is driven by factors such as growth in demand for convenience foods, and multiple functionalities of starch, starch derivatives & sweeteners in a diverse range of end-user industries. High R&D costs and growing gum Arabic market are the major constraints for this market.
“Corn is projected to be the largest segment in the industrial starch market by 2022”
The corn segment accounted for the largest market share in the industrial starch market, due to the large production of cornstarch globally, which is used in a diverse range of applications, owing to its multiple functionalities. It is followed by cassava, which is the fastest-growing segment. The development of both, food and non-food applications of cassava starch, has resulted in its growing demand, which is expected to grow further significantly in the next few years.
“Food & beverage segment led the market with the largest share in 2015”
The food & beverage segment accounted for the largest share of the industrial starch market, by application, in 2015. The dominance of this application can be attributed to the growing significance of varied functionality and continued usage of starch in a diverse range of food & beverage applications.
“The liquid form is projected to be the largest and fastest-growing segment by 2022”
The industrial starch market, by form, was dominated by the liquid form and is also projected to be the fastest-growing segment. This is attributed to the wide use of sweeteners such as maltodextrin and glucose syrups in the liquid form in a range of food & beverage, pharmaceutical, and personal care applications due to their functionalities such as thickening, bulking, and stabilizing.
“Starch derivatives & sweeteners projected to be the largest and fastest-growing segment by 2022”
The starch derivatives & sweeteners segment dominated the market for industrial starch, and is also projected to record the highest growth rate during the forecast period. This can be attributed to the fact that starch derivatives and sweeteners do not have the limitations of native starch such as unstable viscosity under both, very low as well as very high pH conditions, & instability to high heat, and have better and specific functionalities such as transparent film-forming, anti-lumping agent, and fat substitution due to which they are used in a wide range of industrial applications.
“Asia-Pacific led the market with the largest share in 2015”
Asia-Pacific was the largest industrial starch market in 2015. The growth in this market is driven by the use of starch in varied applications in emerging Asian economies such as China and India. For instance, the consumption of starch in China is nearly half of the global starch consumption. Countries such as China, India, and Thailand are in a better position to produce starch at more competitive prices than the developed countries of Europe and North America, due to the lower raw materials & production costs as well as less stringent environment regulations.
The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is as follows:
 By Company type: Tier 1 – 60%, Tier 2 – 20%, and Tier 3 – 20%
 By Designation: C Level – 20%, Director Level – 20%, and Others – 60%
 By Region: Asia-Pacific – 43%, Europe – 29%, North America – 14%, and RoW – 14%

Key players include:
‧ Cargill (U.S.)
‧ Archer Daniels Midland Company (U.S.)
‧ Ingredion Incorporated (U.S.)
‧ Tate & Lyle PLC (U.K)
‧ AGRANA Beteiligungs-AG (Austria)
The above-mentioned companies have collectively accounted for the largest portion of the industrial starch market in 2015. Other players also have a strong presence in this market. These players are as follows:
‧ Grain Processing Company (U.S.)
‧ Roquette Freres (France)
‧ The Tereos Group (France)
‧ Royal Cosun (Netherlands)
‧ Altia Industrial Services (Finland)
The key players in the industrial starch market adopted new product launches as their key growth strategy to increase their market share and profits. New product launches accounted for the highest percentage of the total developments, followed by expansions & investments.
Research Coverage
The report provides a picture on the industrial starch market across different applications verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as source, application, form, type, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall industrial starch market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKETS COVERED 18
1.4 PERIODIZATION CONSIDERED FOR THE STUDY 19
1.5 CURRENCY 20
1.6 STAKEHOLDERS 20
1.7 SCOPE LIMITATIONS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 key industry insights 24
2.1.2.3 Breakdown of primaries 24
2.2 MARKET SIZE ESTIMATION 25
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 28
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 34
4.1 OPPORTUNITIES IN THE INDUSTRIAL STARCH MARKET 34
4.2 KEY INDUSTRIAL STARCH MARKETS 35
4.3 ASIA-PACIFIC INDUSTRIAL STARCH MARKET, BY SOURCE AND COUNTRY 36
4.4 DRY VS. LIQUID FORM, 2016 VS. 2022 36
4.5 INDUSTRIAL STARCH MARKET, BY APPLICATION & REGION 37
4.6 LIFE CYCLE ANALYSIS: INDUSTRIAL STARCH MARKET, BY REGION 38
5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET SEGMENTATION 40
5.2.1 SOURCE 40
5.2.2 APPLICATION 41
5.2.3 FORM 42
5.2.4 TYPE 42
5.2.5 BY REGION 43
5.3 MARKET DYNAMICS 44
5.3.1 DRIVERS 44
5.3.1.1 Growth in demand for convenience food 44
5.3.1.2 Multiple functionalities of starch, starch derivatives & sweeteners in diverse range of end-use industries 45
5.3.2 RESTRAINTS 46
5.3.2.1 High R&D costs 46
5.3.2.2 Growth in the gum arabic market 46
5.3.3 OPPORTUNITIES 46
5.3.3.1 Rise in potential of alternate sources of starch such as cassava and others 46
5.3.4 CHALLENGES 46
5.3.4.1 Required level of consistency in raw material production 46
6 INDUSTRY OUTLOOK 47
6.1 SUPPLY CHAIN 47
6.2 RAW MATERIAL ANALYSIS 48
6.3 TRADE STATISTICS BY KEY COUNTRIES 49
6.3.1 U.S. 49
6.3.2 CANADA 50
6.3.3 MEXICO 51
6.3.4 GERMANY 51
6.3.5 FRANCE 52
6.3.6 ITALY 53
6.3.7 U.K. 54
6.3.8 SPAIN 55
6.3.9 CHINA 56
6.3.10 JAPAN 57
6.3.11 INDIA 58
6.3.12 AUSTRALIA 59
6.3.13 THAILAND 60
6.3.14 INDONESIA 61
6.3.15 BRAZIL 62
6.3.16 SOUTH AFRICA 63
7 INDUSTRIAL STARCH MARKET, BY TYPE 65
7.1 INTRODUCTION 66
7.2 NATIVE STARCH 67
7.3 STARCH DERIVATIVES & SWEETENERS 70
7.3.1 MODIFIED STARCH 73
7.3.2 OTHER DERIVATIVES & SWEETENERS 74
7.3.2.1 Maltodextrin 75
7.3.2.2 Cyclodextrin 75
7.3.2.3 Glucose syrups 75
7.3.2.4 Hydrolysates 76
8 INDUSTRIAL STARCH MARKET, BY SOURCE 77
8.1 INTRODUCTION 78
8.2 CORN 80
8.3 WHEAT 80
8.4 CASSAVA 81
8.5 POTATO 82
8.6 OTHER SOURCES 83
9 INDUSTRIAL STARCH MARKET, BY APPLICATION 84
9.1 INTRODUCTION 85
9.2 FOOD & BEVERAGE 86
9.2.1 CONFECTIONERY 88
9.2.2 PROCESSED FOODS 88
9.2.3 BEVERAGES 88
9.2.4 OTHERS 88
9.3 FEED 89
9.4 OTHER APPLICATIONS 89
9.4.1 CORRUGATION & PAPER MAKING 91
9.4.2 PHARMACEUTICAL 91
9.4.3 TEXTILE 91
9.4.4 COSMETICS 92
9.4.5 OTHERS 92
9.4.5.1 Mining & drilling 92
9.4.5.2 Construction & building 92
9.4.5.3 Adhesive 92
9.4.5.4 Chemical 92
10 INDUSTRIAL STARCH MARKET, BY FORM 93
10.1 INTRODUCTION 93
10.2 DRY FORM 94
10.3 LIQUID 95
11 INDUSTRIAL STARCH MARKET, BY FUNCTION 96
11.1 INTRODUCTION 96
11.2 STABILIZING 96
11.3 THICKENING 97
11.4 FILM FORMING AGENTS 97
11.5 GELLING AGENT 97
11.6 TEXTURIZING 97
11.7 BINDING 97
11.8 EMULSIFYING 98
11.9 SIZING 98
11.10 MOSITURE RETENTION 98
11.11 COATING 98
12 INDUSTRIAL STARCH MARKET, BY REGION 99
12.1 INTRODUCTION 100
12.2 NORTH AMERICA 102
12.2.1 U.S. 108
12.2.2 CANADA 109
12.2.3 MEXICO 110
12.3 EUROPE 111
12.3.1 GERMANY 114
12.3.2 FRANCE 115
12.3.3 U.K. 116
12.3.4 ITALY 117
12.3.5 SPAIN 118
12.3.6 REST OF EUROPE 119
12.4 ASIA-PACIFIC 120
12.4.1 CHINA 125
12.4.2 JAPAN 126
12.4.3 INDIA 127
12.4.4 AUSTRALIA 128
12.4.5 REST OF ASIA-PACIFIC 129
12.5 REST OF THE WORLD 130
12.5.1 LATIN AMERICA 133
12.5.2 AFRICA 134
12.5.3 MIDDLE EAST 135
13 BRAND OVERVIEW 136
13.1 INTRODUCTION 136
13.2 CARGILL, INCORPORATED 136
13.3 ARCHER DANIELS MIDLAND COMPANY 137
13.4 INGREDION, INCORPORATED 137
13.5 TATE & LYLE PLC 137
13.6 AGRANA BETEILIGUNGS-AG 139
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14 COMPETITIVE LANDSCAPE 140
14.1 OVERVIEW 140
14.2 MARKET SHARE ANALYSIS 141
14.3 COMPETITIVE SITUATIONS & TRENDS 141
14.4 NEW PRODUCT LAUNCHES 142
14.5 EXPANSIONS & INVESTMENTS 143
14.6 MERGERS & ACQUISITIONS 144
14.7 JOINT VENTURES & AGREEMENTS 144
15 COMPANY PROFILES 145
(Company at a Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MNM View)*
15.1 INTRODUCTION 145
15.2 CARGILL, INCORPORATED 146
15.3 ARCHER DANIELS MIDLAND COMPANY 150
15.4 INGREDION INCORPORATED 153
15.5 TATE & LYLE PLC 156
15.6 AGRANA BETEILIGUNGS-AG 161
15.7 GRAIN PROCESSING CORPORATION 165
15.8 ROQUETTE FRERES 167
15.9 THE TEREOS GROUP 170
15.10 ROYAL COSUN 172
15.11 ALTIA INDUSTRIAL SERVICES 174
*Details on company at a glance, recent financials, Products offered, strategies & insights, & recent developments might not be captured in case of unlisted companies.
16 APPENDIX 175
16.1 INDUSTRY INSIGHTS 175
16.2 DISCUSSION GUIDE 176
16.3 MORE COMPANY DEVELOPMENTS 180
16.3.1 NEW PRODUCT LAUNCHES 180
16.3.2 EXPANSIONS & INVESTMENTS 181
16.3.3 MERGERS & ACQUISITIONS 182
16.3.4 JOINT VENTURES & AGREEMENTS 183
16.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 184
16.5 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 186
16.6 AVAILABLE CUSTOMIZATIONS 186
16.7 RELATED REPORTS 187
16.8 AUTHOR DETAILS 188