Starch Derivatives Market: Market Segments: By Product (Maltodextrin, Cyclodextrin, Glucose Syrups, Hydrolysates, Modified Starch, and others); By Raw Material (Corn, Wheat, Cassava, Potato, and Other); By Application (Food and Beverage, Feed, Paper Industry, Pharmaceutical Industry, Bioethanol, Cosmetics and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
In order to modify its properties, starch derivatives are made by enzymatically, mechanically, or chemically processing native starch. In different industries, starch derivatives are used. It is used in the food and beverage industry as a thickener and stabiliser, in the pharmaceutical industry as a tablet binder, in cosmetics as an emulsifier, and in animal feed as a fiber additive. Flocculation, film-forming, adhesiveness, pH stability improvement and shear stability, acid stability and process tolerance enhancement are also other functions of starch derivatives.
Market Highlights
Starch Derivatives Market is expected to project a notable CAGR of 8.7% in 2030.
Starch Derivatives Market to surpass USD 65.5 billion by 2030 from USD 49.74 billion in 2019 at a CAGR of 8.7% throughout the forecast period, i.e., 2020-30. The market is mainly driven by a wide spectrum of applications of starch and its derivatives across different end-user sectors. The growth of the industry is likely to be driven by strict regulations promoting the use of natural ingredients across various industries, including pharmaceuticals, textiles, fermentation, and cosmetics. The underlying demand for starch-based adhesives is paper and packaging and is expected to experience healthy growth in the near future.
Starch Derivatives Market: Segments
Glucose syrup segment to grow with the highest CAGR of 6.3% during 2020-30
Starch Derivatives Market is segmented by product as maltodextrin, glucose syrup, cyclodextrin, hydrolysates, Modified starch and Others. The greater market share in 2019 was accounted by Glucose syrup segment held the largest share of 55% in terms of volume in the Starch Derivatives market. Due to increasing consumption of ice creams, sweets, bakery items, processed meats, and sauces, the segment is expected to experience substantial gains over the forecast period.
Starch Derivatives Market: Market Dynamics
Drivers
Increasing Investments by Organizations
Population growth, increasing demand for convenience foods and beverages in developing countries, and an increase in per capita incomes are among the key factors driving the growth of the global market for starch derivatives. In addition, starch holds an important position in the sectors of glue processing, textile finishing and weaving, bio-fuel, and fermentation. A striking inflow of capital is expected to be witnessed by the industry, as starch producers are extending their commitment to improving the quality of their goods in order to have an advantage over their rivals.
Restrain
Variation in raw material Costs
High R&D costs involved in the extraction and development of starch derivatives are one of the major factors limiting the growth of the demand for starch derivatives. They are used in different industries, such as food & beverage, pharmaceutical, paper, and many more, but they have small natural sources of starch extraction.
Starch Derivatives Market: Key Players
• Archer Daniels Midland Company
• Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
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• Cargill Incorporated
• Royal Avebe U.A (Avebe Nutrition)
• Ingredion Incorporated
• Beneo
• Roquette
• Tate & Lyle PLC
Starch Derivatives Market: Regions
Starch Derivatives Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Starch Derivatives Market in Asia Pacific held the largest market share of XX.X% in the year 2019 due to the increasing demand for processed food, because of shift in lifestyle trends. People are searching for choices for ready-to - eat meals as they lead a busy life. Asia Pacific is also the fastest growing market, as industrial applications and starch-processing technologies are rapidly evolving in the region. As different industries integrate starch derivatives into their manufacturing processes and goods, the demand for starch derivatives is growing. Key players are also investing rapidly in the demand for starch derivatives in the Asia Pacific. Due to the growth of the pharmaceutical and food and beverage industries in countries such as the U.S., Canada, and Mexico, North America is projected to grow at a volume-based CAGR of 3.4 per cent over the forecast period. As a result of the rapid growth of the personal care and textile industries in the U.K., Germany and Spain, Europe is expected to see significant growth.
Starch Derivatives Market report also contains analysis on:
Starch Derivatives Market Segments:
By Product:
• Maltodextrin
• Glucose syrup
• Cyclodextrin
• Hydrolysates
• Modified starch
• Others
By Raw Material:
• Corn
• Cassava
• Potato
• Wheat
By Application:
• Food & beverages
• Cosmetics
• Paper
• Pharmaceuticals
• Feed
• Others
• Starch Derivatives Market Dynamics
• Starch Derivatives Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
FAQs on Starch Derivatives Market
· Which segment is anticipated to hold the largest market share
· At what CAGR is the market anticipated to grow between 2020 and 2030
· Who are the key players in the Starch Derivatives Market
· What could be the challenging factors in the growth of Starch Derivatives Market
· What are the growth drivers for the Starch Derivatives Market
Contents
1. Executive Summary
2. Starch Derivatives Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Starch Derivatives Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Starch Derivatives Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Starch Derivatives: Market Segmentation
12.1. By Regions
12.1.1. North America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. MEA:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Latin America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Product: Market Share (2020-2030F)
12.2.1. Maltodextrin, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Glucose syrup, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Cyclodextrin, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Hydrolysates, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Modified starch, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3 By Application: Market Share (2020-2030F)
12.3.1. Food & beverages, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Cosmetics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Paper, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.4. Pharmaceuticals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.5. Feed, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.6. Other, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4 By Raw Material: Market Share (2020-2030F)
12.4.1. Corn, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Cassava, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Potato, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.4. Wheat, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1.1. Cargill Inc.
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
13.2. Tate & Lyle
13.3. Avebe
13.4. Ciranda
13.5. Archer Daniels Midland
13.6. Ingredion
13.7. NIC Starch Products Ltd.
13.8. Agrana Group
13.9. Emsland Starke Gmbh
13.10. Beneo Gmbh
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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