North America Industrial Starch Market Trends, Growth, Size and Share 2024-2032

North America Industrial Starch Market Overview

The North America industrial starch market is witnessing robust growth, driven by a confluence of factors including increasing demand across various end-use industries and the rising trend of clean label and natural ingredients in food and beverage products. According to a report by Expert Market Research (EMR), the North America industrial starch market size was valued at USD 24.05 billion in 2023 and is expected to reach USD 43.36 billion by 2032, growing at a steady CAGR of 6.7% between 2024 and 2032.

Industrial starch serves as a versatile ingredient with multifaceted applications across industries such as food and beverage, paper and corrugated board, pharmaceuticals, textiles, and more. Derived primarily from corn, wheat, cassava, and potato, industrial starch finds extensive use as a thickening agent, stabilizer, binder, and filler in a wide array of products.

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Key Market Drivers

One of the primary drivers fueling the growth of the North America industrial starch market is the increasing demand from the food and beverage industry. Starch is a key ingredient in various food products, including bakery items, soups, sauces, dairy products, snacks, and confectionery. With consumers becoming more health-conscious and demanding cleaner labels, there is a growing preference for natural and organic ingredients, propelling the demand for industrial starch as a natural thickening and stabilizing agent.

Moreover, the rising population and changing dietary preferences, coupled with the growing consumption of convenience foods, are further bolstering the demand for industrial starch in the food and beverage sector. Starch is also gaining traction as a fat replacer in low-fat food formulations, thereby expanding its application scope in the industry.

Another significant driver of market growth is the increasing adoption of industrial starch in the paper and corrugated board industry. Starch is used in paper manufacturing as a surface sizing agent to improve the printability and smoothness of paper surfaces. Additionally, it acts as an adhesive in the production of corrugated boards and paper packaging materials. The booming e-commerce industry and the growing demand for sustainable packaging solutions are driving the need for starch-based adhesives and coatings, thus augmenting market growth.

Furthermore, the pharmaceutical and textile industries are emerging as lucrative sectors for industrial starch utilization. In pharmaceuticals, starch is employed as a binder and disintegrant in tablet formulations, while in textiles, it serves as a sizing agent in the weaving process. With advancements in biotechnology and the development of modified starch varieties, the potential applications of industrial starch in these industries are expanding, driving market growth.

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North America Industrial Starch Market Segmentation

The North America industrial starch market can be segmented based on source, by Type, by Form, application, and country.

Market By Source:

• Corn
• Wheat
• Potato
• Cassava
• Others

Breakup by Type

• Native
• Starch Derivatives and Sweeteners

Breakup by Form

• Dry Form
• Liquid Form

Market By Application:

• Corrugation and Paper Making
• Pharmaceuticals
• Textiles
• Mining and Drilling
• Construction and Building
• Chemical
• Others

By Country Analysis:

• United States
• Canada

Competitive Landscape

• Cargill Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tate & Lyle PLC
• Roquette Frères
• Grain Processing Corporation
• AGRANA Beteiligungs-AG
• Tereos S.A.
• Emsland Group
• Others

Challenges and Opportunities

Despite the optimistic growth prospects, the North America industrial starch market faces certain challenges, including fluctuating raw material prices and the availability of substitutes such as gums, gelatin, and modified cellulose. Additionally, stringent regulatory requirements regarding food safety and labeling pose compliance challenges for market players.

However, these challenges also present opportunities for innovation and diversification within the industrial starch market. Manufacturers are increasingly focusing on research and development activities to develop novel starch derivatives and functional blends that cater to specific application needs and address consumer preferences for clean label and natural ingredients.

Moreover, strategic collaborations, mergers, and acquisitions are prevalent in the market as companies seek to expand their product portfolios, enhance production capacities, and strengthen their foothold in the competitive landscape. Additionally, investments in sustainable sourcing practices and eco-friendly manufacturing processes are gaining traction, aligning with the growing emphasis on environmental sustainability and corporate social responsibility.

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