The size of the global wheat starch market is expected to reach USD 17.69 billion by 2029 from USD 15.33 billion in 2024, growing at a compound annual growth rate (CAGR) of 2.9% during the forecast timeline. Native starch accounts for the highest market value in the wheat starch market. The European Union expected to exhibit a high opportunity for the growth of the wheat starch market.
The rapid growth of the food additive industry is driving the growth of the global wheat starch market. The global food additives market has many large players, and the top manufacturers are more focused on developing label-friendly food additives. The use of food additives in food products will enhance the texture and taste, resulting in boosting the growth of the market. The shelf-life of products such as processed meats, soups, dairy desserts, and various other products can be increased with the use of wheat starch. The growth of the food additive industry has a direct impact on the sale of wheat starch. The manufacturers are always in search of better food additives that suit their requirements for enhancing the texture, binding, emulsification, and other food products that are beneficial to the wheat starch market growth.
The application-specific wheat starch is gaining popularity owing to the various end-uses of the starch in different industries for different functions. Major players in the wheat starch market are offering native, modified, and clean-label starch, which is widely used in the food industry, followed by the paper and textile industry, cosmetics, and animal feed. The various functions of wheat starch include thickening, stabilizer, viscosities, binding agent, texturizer, and others. Thus, the manufacturers are offering products that suit the specific application of the particular sector. The technological advances and adoptions in the extraction and processing of wheat starch enhance its functional properties, further fuelling its adoption by various other industries. Thus, the development of application-specific starch for industrial purposes is expected to boost the growth of the wheat starch market.
The major challenge for the wheat starch market is the fluctuating price of wheat, which has a direct impact on the cost of wheat starch. Wheat is the major raw material in the wheat starch manufacturing industry. The unstable price of raw materials impacts the entire production cost, causing variations in the industry's financial statements. The unpredictable weather conditions, along with the geopolitical conditions of the regions, can affect the supply chain and overall market dynamics. The availability of substitute products to wheat starch, such as corn or potato starch, can hamper the sales of the market and pose a serious threat to the wheat starch market. The market players also may experience challenges due to the economic conditions and regional variations in the wheat production regions. The manufacturing industry requires strategic initiatives to mitigate the potential risks that may arise. The sudden imposition of taxation on the exports or ban on the exports by the exporting may cause supply disruption to the manufacturing industry that relies on other nations for wheat.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
2.9% |
Segments Covered |
By Product, Grade, End Use Industry, & Region |
Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Amilina, Cargill Incorporated, Penford Corp. industrial Starch, New Zealand starch, Manildra Group, Roquette Freres, Tate & Lyle Speciality Food Ingredients, Avebe U.A., Crespel & Dieters, AGRANA, Ingredion Food, Emsland-Starke GmbH, and ADM. |
Modified starch is used more as immediate compressible excipients in the pharmaceutical industry, leading to the higher growth of the wheat starch market. Generally, native starch, which is a type of carbohydrate, is produced by physically extracting gluten and other proteins. The product is being investigated as a binder and disintegrant in the solid formulation. Native starch can be used to thicken the custard, sauces, sweets, and others. There are some applications in the food items where starch is highly used, such as in confectionery, bread & snack items, dairy products, sauces, & soups, pasta, prepared food, alcoholic beverages, and seafood & meat.
Modified starch is a product that is altered physically, enzymatically, or chemically modified to change its fundamental qualities. These are frequently used in foods that claim to be “instant” and in food items that require a specific temperature to thicken during the cooking process.
The food grade is expected to dominate the wheat starch market. The market growth is attributed to the increasing demand for stabilizers, texturizers, and thickeners in the food industry. These ingredients are widely used in certain key products like puddings, soups, sauces, and pie fillings. For the commercial use, the industrial grade of the wheat starch is used. Commercial use generally includes factories, building sites, supermarkets, and entertainment studios for various applications.
The food and beverages segment is expected to hold a high share of revenue in the overall market and is anticipated to have maximum sales in the wheat starch market. The various processing industries widely use the ingredient as a thickening agent. In various applications, its capacity to inhibit dough elasticity is most generally utilized as a thickening, food additive, and active ingredient. It is used as an aid in meal binding and is utilized in the creation of gluten-free and low-calorie foods.
The Asia-Pacific region is expected to grow at a high rate in the wheat starch market and is expected to have a high demand owing to the largest consumption rate in the coming years. This region is home to various domestic and international businesses related to food and non-food industries. In the previous years, China has led the demand in this region and is expected to continue demand in the later years. The aim of creating novel wheat starch products by the enterprises in this country leads to a large amount of spending on research and development, and China’s well-established food and beverage sector also drives the growth of the market. The rise in the middle-class population and growth in urbanization in the countries of this region drive the market growth. The abundant availability of raw materials in the countries of this region also favors market development.
Major Key players in the wheat starch market are Amilina, Cargill Incorporated, Penford Corp. industrial Starch, New Zealand starch, Manildra Group, Roquette Freres, Tate & Lyle Speciality Food Ingredients, Avebe U.A., Crespel & Dieters, AGRANA, Ingredion Food, Emsland-Starke GmbH, and ADM.
Frequently Asked Questions
The market growth is influenced by factors such as the increasing demand for convenience foods, the growth of the food and beverage industry, and the versatility of wheat starch in various applications.
Wheat starch is used in various applications, including food and beverages, pharmaceuticals, papermaking, and textiles. In the food industry, it is often employed as a thickening agent, stabilizer, and ingredient in bakery products.
Quality assurance measures may include rigorous testing, adherence to industry standards, and certifications to guarantee the purity and safety of wheat starch in various applications.
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