Native Starches Market Overview:
According to the MRFR reports, the global native starches market is projected to record a healthy CAGR of over 4.10% during the forecasted era from 2022 to 2030.
Canada Native Starches Market is characterized by its strong agricultural sector, technological advancements, and growing applications of native starches in various industries. With a diverse range of starch sources including corn, wheat, and potatoes, Canada offers a conducive environment for the production and utilization of native starches. The market witnesses steady demand for native starches due to factors such as their functional properties, versatility, and applications in food processing, papermaking, and pharmaceutical industries. Additionally, factors like increasing consumer demand for natural and clean label products, regulatory support for sustainable practices, and investments in research and development are driving innovation and market growth in the Canadian native starches market.
Native starch is produced by extracting starch from plant sources such as wheat, potato, cassava, corn, and others. Native starches refer to starch granules separated from plant sources used as setting agents, stabilizers, thickeners, texturizers, and binders. It is a vital ingredient for the food industry found in a wide variety of food products, as it improves the sensory and nutritional quality of food. The global Native Starches Market has witnessed massive growth in recent times. The market's growth is driven by the extensive use in several non-food applications. Furthermore, a rise in demand from the personal care industry is also likely to catalyze the growth of the native starches market over the assessment era.
Native starches market Size Anticipated to Reach at a USD 7.60 billion at the rate of about 4.10% from 2022-2030.
Competitive Landscape:
The global native starches market has an intensely competitive landscape. The players in the market are focused on growing their global market presence. The list in the global Native Starches Market Companies includes Roquette Frères (France), Agrana Beteiligungs-AG (Austria), Ingredion Incorporated (U.S.), Cargill, Incorporated (U.S.), Grain Processing Corporation (U.S.), Tate & Lyle PLC (U.K.), Archer Daniels Midland Company (U.S.), and several others.
Regional Analysis:
The global native starches market is studied across five major regions: South America, Asia-Pacific, Europe, North America, and the Middle East & Africa.
The MRFR report suggests that the Asia-Pacific region will likely dominate the global native starches market over the forecasted era.
The North American region is anticipated to secure the second position in the global native starches market over the assessment era.
The European regional market for native starches is likely to exhibit the highest growth rate over the forecasted period. The regional market's growth is attributed to the growing demand for natural and organic food additives.
The Asia-Pacific regional native starches market is projected to record substantial growth over the forecasted era. The regional market's growth is driven by the less stringent environmental regulations, low production costs, and cheap raw materials.
Segmentations:
The native starches market has been fragmented into several segments based on source, form, application, and region.
Based on the source, the global market for native starches is divided into the potato, cassava, wheat, corn, and other sources.
The global native starches market is split into gel, powder, and others based on form.
The global native starches market is divided into non-food and food applications based on application.
Recent Developments:
• December 2021- American Key Food Products (AKFP) revealed that the company will now be providing Pregelatinized Native Waxy Potato Starch and Native Waxy Potato Starch, produced in Germany, made to the North American food industry. These starches comprise very high levels—around 99%— of amylopectin that adds to higher quality end products, like snacks, salad dressings, baked goods, meat alternatives, condiments, soups and sauces, fruit fillings, and others. The AKFP president, Ivan Sarda, said a high level of amylopectin is attained by breeding a potato variety, particularly for this purpose, using conventional methods, not a genetic mutation. These native starches provide brilliant performance characteristics with the extra benefit of being non-GMO, clean, label-friendly, and gluten-free.
• December 2021- a member of the Crespel & Deiters Group, Loryma, provides two substitutes for the white pigment titanium dioxide. The European Food Safety Authority will no longer be acknowledged as safe to use food. Loryma's substitutes include two wheat starches: Lory Starch Elara and Lory Starch Iris.
• April 2021- a global provider of ingredient solutions to the food and beverage industry, Ingredion Incorporated, has announced the acquisition of a privately held company headquartered in Lübeck, Germany, KaTech, that offers innovative texture and stabilization solutions to the food and beverage
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