The latest report published by IMARC Group, titled “Wheat Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the wheat starch market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.
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 refers to a food additive acquired by removing proteins from the wheat flour. It is also produced commercially through various processes, such as batter, hydrocyclone, dough-washing, and dough-batter. Wheat starch is similar in appearance to flour or corn in its processed state. It is extensively used as a thickening agent and an active ingredient, including dextrose, glucose syrup, and maltodextrin in several food products. In addition, wheat starch is utilized for stabilizing sauces and dessert puddings after combining it with a small amount of water. As a result, this additive finds widespread applications across various sectors, such as pharmaceutical, paper, food and beverage (F&B), and textile.
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Wheat Starch Market Trends:
The escalating demand for native variants to mimic fat for confectionery fillings, replace gluten in gluten-free derivatives, retain moisture, and enhance the texture, stability, and shelf life of eatables is among the primary factors driving the wheat starch market. Besides this, the elevating product requirement in confectionary and bakery goods, including gelled candies, fondants, taffy, marshmallows, and fudges, is further augmenting the market growth. Moreover, the growing popularity of wheat starch in the cosmetic industry to improve the emulsion stability of cosmetics and the development of face masks and body cleansers to absorb oil and impurities from the skin are also catalyzing the global market. Apart from this, the increasing awareness among individuals toward healthy eating habits and variants that meet various dietary requirements is acting as another significant growth-inducing factor. Furthermore, the inflating product need in the paper and textile sector as a sizing agent is anticipated to propel the wheat starch market over the forecasted period.
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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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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