According to a new report, published by KBV research, The Global Starch Derivatives Market size is expected to reach $70.1 billion by 2030, rising at a market growth of 3.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 72,833.3 Kilo Tonnes, experiencing a growth of 4.1% (2019-2022).
The Dry segment is capturing maximum revenue in the Global Starch Derivatives Market by Form in 2022; thereby, achieving a market value of $49.0 billion by 2030. Dry forms of these derivatives are typically more convenient to handle and store than liquid forms. They have a longer shelf life, are easier to transport, and can be stored in various conditions without the risk of spoilage. Manufacturers appreciate the flexibility that dry forms of starch derivatives offer in formulation.
The Industrial segment would exhibit a CAGR of 3.9% during (2023 - 2030). They are widely used in the production of adhesives and glues. Their adhesive properties make them valuable in industries such as packaging, woodworking, and paper, contributing to the growth of the industrial segment. These are utilized in the textile industry for sizing and finishing processes. They provide stiffness to the fabric and improve the weaving process. As the textile industry expands, the demand for starch derivatives grows.
The Glucose Syrup segment is registering maximum revenue in the Global Starch Derivatives Market by Type in 2022; thereby, achieving a market value of $23.9 billion by 2030. Glucose syrup is valued for its sweetening properties and ability to contribute to the texture and mouthfeel of food products. It is often used to formulate candies, jams, and other confectionery items to provide the desired sweetness and consistency. In the food industry, glucose syrup serves as a functional ingredient with properties like moisture retention, prevention of crystallization, and enhancement of flavors. Therefore, the segment will grow rapidly in the coming years.
The Corn segment is experiencing a CAGR of 2.5 % during (2023 - 2030). Corn is a highly abundant and cost-effective source of starch. Its widespread cultivation contributes to a stable and accessible supply of raw materials for starch derivatives. Corn starch is a key component in the production of bio-based plastics. The increasing recognition of environmental concerns and the advocacy for sustainable substitutes for conventional plastics have contributed to the surge in the need for bioplastics derived from maize.
The Asia Pacific region is generating highest revenue in the Global Starch Derivatives Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $26.1 billion by 2030. The Europe region is anticipated to grow at a CAGR of 3.3% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 3.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/starch-derivatives-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Sukhjit Starch and Chemicals Ltd., Cargill, Incorporated, Archer Daniels Midland Company, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Roquette Freres SA, Ingredion Incorporated, Royal Avebe U.A., Emsland Group, and Foodchem International Corporation.
By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
