The global Wheat Starch market stood at approximately 4.2 million tonnes in 2023 and is anticipated to expand at a healthy CAGR of 2.5% during the forecast period until 2034. Wheat starch is a versatile ingredient with a wide range of industrial uses like in Food & Beverages, Pharmaceuticals, Textiles, Paper, and Cosmetics & Personal Care industries.
In the food industry, Wheat starch serves as a crucial component in a wide array of products including baked goods, sauces, and confectionery, acting as a thickener, stabilizer, and texture enhancer. Additionally, wheat starch finds extensive use in gluten-free food formulations, providing structure and texture to products for individuals with gluten sensitivities. In the paper industry, wheat starch acts as a surface sizing agent and adhesive, improving the strength, smoothness, and printability of paper products. Moreover, in the textile industry, wheat starch serves as a sizing agent, strengthening yarns and fabrics during the manufacturing processes. In pharmaceuticals, wheat starch serves as a crucial excipient in tablet formulations, aiding in binding active ingredients, promoting tablet disintegration, and reducing friction during manufacturing. Its inert nature and biocompatibility make it a preferred ingredient, ensuring the efficacy and quality of tablet medications. Furthermore, wheat starch finds applications in adhesive production, where it serves as a natural and eco-friendly bonding agent for packaging materials and paperboard laminates.
The wheat starch market is influenced by several key drivers and trends. One significant driver is the growing demand for convenience foods and processed food products, where wheat starch serves as a key ingredient for texture, stability, and thickening properties. Additionally, the increasing adoption of gluten-free diets and the rise in health-conscious consumers are driving the demand for wheat starch as a gluten-free alternative in various food formulations. Furthermore, the expansion of the pharmaceutical industry where wheat starch is used as an excipient in tablet formulations is contributing to market growth. Overall, these factors, coupled with the increasing focus on sustainable and natural ingredients, are expected to drive the growth of the wheat starch market globally. The global Wheat Starch market is likely to reach approximately 5.5 million tonnes in 2034.
Geographically, Asia Pacific stands out as the fastest-growing consumer market for wheat starch, propelled by several factors. Rapid urbanization, changing dietary preferences, and increasing disposable incomes are driving the demand for processed food products, where wheat starch serves as a crucial ingredient for texture, stability, and thickening properties. Additionally, the region's growing population and rising health awareness are fuelling demand for gluten-free alternatives, further boosting the consumption of wheat starch in various food formulations. Moreover, the expansion of the pharmaceutical industry in Asia Pacific is contributing to the growing demand for wheat starch as an excipient in tablet formulations and cosmetic products. Furthermore, advancements in starch extraction and processing technologies, coupled with increasing investments in research and development, are expected to drive market growth in the region. Overall, Asia Pacific's dynamic economic landscape and shifting consumer preferences position it as a key growth driver in the global wheat starch market.
Based on the end-use industry, the global Wheat Starch market is divided into Food & Beverages, Pharmaceuticals, Textiles, Paper, Cosmetics & Personal Care, and Others. However, Food & Beverages is the dominating segment and held about 65% of the global Wheat Starch market in 2023. Pharmaceuticals is the second largest application. In the pharmaceutical sector, wheat starch is utilized as an excipient in tablet formulations, ensuring the integrity and uniformity of tablets.
Major players in the Global Wheat Starch market are Roquette,Amilina, Crespel & Dieters, and Penford Corp. Industrial Starch, Cargill Incorporated, AGRANA, Manildra Group, Ingredion Food, Emsland-Starke GmbH, New Zealand Starch Company, Avebe U.A., Shandong Qufeng, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Wheat Starch which covers production, demand and supply of Wheat Starch market in the globe.
• To analyse and forecast the market size of Wheat Starch
• To classify and forecast Global Wheat Starch market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Wheat Starch market in the globe.
To extract data for Global Wheat Starch market, primary research surveys were conducted with Wheat Starch manufacturers, suppliers, distributors, wholesalers and traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Wheat Starch market over the coming years.
ChemAnalyst calculated Wheat Starch demand across the globe by analyzing the volume of Wheat Starch consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Wheat Starch manufacturers and other stakeholders
• Organizations, forums and alliances related to Wheat Starch distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Wheat Starch manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Wheat Starch market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
4.2 million tonnes
Market size Volume in 2034
5.5 million tonnes
Growth Rate
CAGR of 2.5% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in million tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Food & Beverages, Pharmaceuticals, Textiles, Paper, Cosmetics & Personal Care, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Wheat Starch market in terms of value and volume.
2. Capacity By Company [Quarterly Update]
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Wheat Starch.
3. Capacity By Location
To better understand the regional supply of Wheat Starch by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company
Study the historical annual production of Wheat Starch by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Food & Beverages, Pharmaceuticals, Textiles, Paper, Cosmetics & Personal Care, and Others) are creating a market and the forecast for the growth of the Wheat Starch market.
7. Demand by Region
Analyzing the change in demand of Wheat Starch in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Wheat Starch. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Wheat Starch.
10. Company Share
Figure out what proportion of the market share of Wheat Starch is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Wheat Starch.
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It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Wheat Starch in terms of volume in 2023?
Ans:
The global market size of Wheat Starch has reached approximately 4.2 million tonnes in 2023.
Q2.
Which industry is the largest end-user industry of Wheat Starch?
Ans:
Food & Beverages industry is the largest end-user industry of Wheat Starch globally.
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Ans:
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