According to IMARC Group’s latest report, titled “Wheat Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global wheat starch market size reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2027, exhibiting a CAGR of 3.1% during 2022-2027.
Wheat Starch is a food additive made by extracting proteins from wheat flour. The residual protein in the starch gives it a flour-like flavor, odor, and appearance. Commercially, it is manufactured using dough-washing, batter, hydrocyclone, and dough-batter processes. Wheat starch is largely used as a thickening agent and an active ingredient, such as maltodextrin, dextrose, and glucose syrup. When used with food, it helps achieve the desired viscosity and texture, enabling binding, gel formulation, and moisture retention. Currently, wheat starch is witnessing massive application across the pharmaceutical, paper, textile, and food and beverage (F&B) industries globally.
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Wheat Starch Market Trends:
The rising employment of wheat starch in the cosmetic industry to produce face masks and body cleansers, as it improves emulsion stability and absorbs oil and impurities from the skin, is one of the key factors creating a positive outlook for the market. This is further supported by the increasing consumer awareness regarding the benefits of wheat starch. Besides this, rapid urbanization and growing demand for ready-to-eat (RTE) food products are providing an impetus to the market growth. Furthermore, the rising use of wheat starch in bakery and confectionery products, such as fondants, gelled candies, marshmallows, taffy, and fudges, and increasing health consumer consciousness are boosting the market growth. Other factors, such as the surging product application as a low-calorie and gluten-free composition alternative and inflating consumer per capita income, are fuelling the market growth.
Wheat Starch Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the wheat starch market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Tate and Lyle PLC
- Roquette Freres.
- Cargill Inc.
- Archer Daniels Midland, Co.
- Tereos
- Crespel & Deiters Group
- Jackering Group
- Kröner-Stärke GmbH.
Key Market Segmentation:
The report has segmented the wheat starch market on the basis of breakup by end-use and region.
Breakup by end-use:
- Sweeteners
- Fuel
- Paper and Textile
- Food
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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