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WHEAT STARCH MARKET REPORT OVERVIEW
The global wheat starch market size was USD 1.14 billion in 2023 and the market is projected to touch USD 1.45 billion by 2032 at a CAGR of 2.6% during the forecast period.
In recent years, both culinary and non-food uses have greatly increased in popularity for wheat starch, a white powder made by processing wheat grains that belong to the Triticum genus. The product comes from the process of extracting the proteins from flour, which is manufactured in vast numbers and used as a thickening agent, food additive, and ingredient in many different meals. Being an efficient stabilizer, emulsifier, fat replacement, and glazing agent in food applications, the product is frequently used to improve the texture, adhesion, viscosity, gel formation, binding, and moisture retention of various food items. The product is used in many different industries, including paper and textiles, in addition to the food industry.
COVID-19 Impact: Industrial Slowdown and Logistic Challenges in the Phase of COVID-19 Crumbled Down the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
Lockdowns and limitations caused delays or interruptions in a few areas, such as building and manufacturing. This could have had an impact on the need for wheat starch in industrial settings later on. The prompt distribution of wheat starch to different businesses might have been impacted by logistical difficulties and transportation restrictions, which could have an effect on manufacturing operations.
LATEST TRENDS
"Rising Demand for Gluten-Free, Sustainable and Organic Products to Refurbish the Market Growth"
The market for gluten-free goods has been expanding, and items made without gluten can be made using wheat flour that has been gluten-freed. Consumer inclinations toward organic and ecological goods have an impact on the food sector. In response to these demands, producers and suppliers in the wheat starch industry could be expanding their product lines to include organic and sustainably produced wheat starch.
WHEAT STARCH MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into food grade, industrial grade and others.
- Industrial Grade: Non-food applications are the usual usage for industrial-grade wheat starch. Because of its useful binding and adhesive qualities, it is used in the paper and textile industries. It can also be used in other industrial operations, such as the manufacture of adhesives and corrugated boards.
- Food Grade: Wheat starch classified as food grade is intended for usage in the food and beverage sector. It is frequently found in a wide range of culinary items, including as processed meals, baked goods, candy, and sauces. Strict purity and quality criteria are met throughout the processing of food-grade starch to guarantee its safety for human consumption.
By Application
Based on application the global market can be categorized into papermaking application, textile application, petroleum application, food application and others.
- Papermaking: As a sizing agent and surface treatment, wheat starch is utilized in the papermaking sector. It helps to a higher surface quality, increases printability, and strengthens the paper.
- Textile Industry: Wheat starch may be utilized as a sizing agent for yarns and textiles in the textile industry. It gives the fibers rigidity, makes handling easier during weaving, and aids in regulating the fabric's porosity.
- Petroleum business: Drilling fluid compositions are one of the uses for wheat starch in the petroleum business. It can help regulate fluid viscosity and filtration control by functioning as a stabiliser and viscosifier in drilling muds.
- Food business: There are several uses for food-grade wheat starch in the food business. It is used to thicken soups, sauces, and gravies. It could also be added to baked goods, sweets, and other processed meals to improve their texture and stability.
- Pharmaceuticals: As a disintegrant and binder, wheat starch is utilized in the pharmaceutical industry's tablet production process. It facilitates the dissolution of pills after ingestion and aids in their compression.
- Others: Wheat starch may be used as a natural, plant-based binder in the manufacturing of adhesives and glues. Its adhesive qualities are useful in a variety of applications, such as the production of corrugated boards. In the cosmetics sector, wheat starch might be useful, especially in formulas that call for a natural component derived from plants. Because of its texturizing and stabilizing qualities, it can be found in several skincare and cosmetic products.
DRIVING FACTORS
"Rising Applications in Food Industry to Boom Up the Market Growth"
Various food items, including baked goods, confections, and processed foods, use wheat starch. The usage of wheat starch in various formulations has been impacted by the food industry's ongoing innovation as well as the movement toward natural and clean label ingredients. The food industry's clean label movement, which favors goods with natural, uncomplicated ingredients, has increased demand for wheat starch as a clean label stabilizer and thickener in a variety of food items. In the food business, wheat starch is used to enhance the mouthfeel, texture, and stability of a variety of products, including sauces, soups, baked goods, and desserts.
"Growing Adoption in Non-Food Industries to Intensify the Market Growth"
The use of wheat starch in non-food sectors including adhesives, textiles, medicines, and cosmetics adds to the diversity of its total demand. In addition to the food business, non-food industries including textiles, cosmetics, and medicines also use wheat starch. The demand for wheat starch may be impacted by the movement in various industries toward the use of natural and plant-based products.
RESTRAINING FACTOR
"Allergic Concerns to Hold Back the Market Growth"
Wheat starch has a number of uses and advantages, but it also has some drawbacks. One of the main causes of food allergies is wheat. Consequently, those who are allergic to wheat must stay away from items that contain wheat starch. For people with severe wheat allergies, cross-contamination during manufacturing may occasionally be a problem. However, the issues with allergic concerns to hold back the wheat starch market growth.
WHEAT STARCH MARKET REGIONAL INSIGHTS
"Asia Pacific with Highest Demand and Largest Consumption is Playing a Domineer in the Market "
The Asia Pacific region have the biggest consumption, with the highest wheat starch market share. Many national and international companies in the food and non-food sectors are based in the area. Up until 2026, China will continue to lead the regional demand. The nation's dominance is mostly attributable to the expanded investment made by businesses on the development of innovative wheat starch products as well as the nation's well-established food and beverage industry. The market for wheat starch has been dominated by China. The nation is among the top producers and users of wheat starch worldwide. Wheat starch is in high demand in China due to its application in a variety of sectors, such as food, papermaking, textiles, and more.
KEY INDUSTRY PLAYERS
"Notable Market Players Shaping the Market and Contributing in the Market Expansion"
Due to their significant market influence, major market players are essential for understanding consumer preferences and industry dynamics. Because of these big companies' extensive retail networks and online platforms, customers may easily browse through an enormous variety of clothing selections. Due to their strong global presence and well-known brand, which have also strengthened customer loyalty and confidence, product adoption has increased.
LIST OF TOP WHEAT STARCH COMPANIES
- Manildra (Australia)
- Tereos (France)
- Roquette (France)
- Cargill (U.S.)
- MGP Ingredients (U.S.)
- ADM (U.S.)
- Crespel & Deiters (Germany)
- Sedamyl (Italy)
- Shandong Qufeng (China)
- Anhui Ruifuxiang (China)
- Zhangjiagang Hengfeng (China).
INDUSTRIAL DEVELOPMENT
- May 2021: Manildra had the 29th position on FoodTalks' list of the Best Global Specialty Oil Companies.
- February 2023: Tereos said that it was selling its operations in Romania to two regional firms.
- May 2021: Roquette placed third on FoodTalks' ranking of the Global Top 40 Plant Protein Companies and first in the Modified Starch category of the Global Food Thickener Companies list.In terms of polyols (sugar alcohols), such lycasin, Roquette is a global leader.
REPORT COVERAGE
The research provides forecasts for future market expansion in addition to a comprehensive SWOT analysis. It examines a wide range of market classifications, potential uses, and important factors that fuel the market's expansion in order to determine how the industry develops over the next several years. By considering both historical turning points and current trends, the research offers a thorough picture of the market's components and highlights potential growth prospects.
| REPORT COVERAGE | DETAILS |
|---|---|
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Market Size Value In |
US$ 1.14 Billion in 2023 |
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Market Size Value By |
US$ 1.45 Billion by 2032 |
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Growth Rate |
CAGR of 2.6% from 2023 to 2032 |
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Forecast Period |
2024-2032 |
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Base Year |
2024 |
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Historical Data Available |
Yes |
|
Regional Scope |
Global |
Segments Covered | |
|
By Type
|
|
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By Application
|
Frequently Asked Questions
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What value is the wheat starch market expected to touch by 2032?
The global wheat starch market is expected to reach USD 1.45 billion by 2032.
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What CAGR is the wheat starch market expected to exhibit by 2032?
The wheat starch market is expected to exhibit a CAGR of 2.6% by 2032.
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Which are the driving factors of the wheat starch market?
Rising applications in food industry also growing adoption in non-food industries are some of the driving factors of the market.
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What are the key wheat starch market segments?
The key market segmentation that you should be aware of, which include, Based on type the market is classified as food grade, industrial grade and others. Based on application the market is classified as papermaking application, textile application, petroleum application, food application and others.
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