According to the research of Future Market Insights, the market for Oxidized Starch is anticipated to expand at a CAGR of 6.1% over the forecasted period. According to projections, the industry would be worth US$ 2,604.9 Million by 2032, up from US$ 1,440.9 Million in 2022. At the end of 2021, the Oxidized Starch Market has valued at US$ 1,365.8 Million.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | US$ 1,440.9 Million |
| Market Forecast Value in 2032 | US$ 2,604.9 Million |
| Global Growth Rate (2022 to 2032) | 6.1% |
| Forecast Period | 2022 to 2032 |
| Global Market Share of USA, Germany, Japan, and Australia | 69.3% |
The chain length of Oxidized Starch is shorter than that of native starches. In industries including food, pharmaceuticals, textile, paper, construction, etc., it is best used for coating purposes. The Oxidized Starch is employed as a stabilizer in milk pudding and ice cream as well as a structure-creating agent in confections. Additionally, it is employed in the manufacture of wafer cups, acoustic tiles, isolation cardboard for the building sector, yarn smoothing for the textile sector, and batter coating.
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The Global Market for Oxidized Starch increased from US$ 1,045.0 Million to US$ 1,365.8 Million between 2016 and 2021 with a CAGR of 5.5%.
The historical outlook for the oxidized starch market is optimistic. The market is expected to grow at a moderate pace over the next five years. This growth will be driven by increasing demand from the food and beverage industry, as well as from the paper and textile industries. The future projections for the market are positive, with the potential for significant growth over the next ten years. This growth will be driven by continued demand from these industries, as well as by new applications for oxidized starch in other industries such as pharmaceuticals and cosmetics.
During the forecast period, the global Oxidized Starch Market is anticipated to grow from US$ 1,440.9 Million in 2022 to US$ 2,604.9 Million by 2032 with a healthy CAGR of 6.1%.
The USA accounted for 34.7% of the global market with a value of US$ 500.0 Million in 2022. In the USA, the oxidized starch market is being shaped by numerous factors. The most significant factor is the increased demand for processed foods. This is because oxidized starch can be used as a thickener, emulsifier, and stabilizer in processed foods. As a result, the processed food industry is the largest customer of oxidized starch. Other important customers of oxidized starch include the pharmaceutical and cosmetics industries.
Another factor that is influencing the USA's oxidized starch market is the trend toward healthy eating. This is because oxidized starch is a source of dietary fiber and has a low glycemic index. As a result, it is being used in a range of health food products such as cereal bars and sports drinks. The third factor that is shaping the USA's oxidized starch market is environmental concerns.
The India Oxidized Starch Market will grow at 4.7% CAGR during the forecast period of 2022 to 2032. The major drivers for the growth of the Indian Oxidized Starch market are the growing demand from the food & beverage industry, increasing population, and rapid urbanization. The food & beverage industry is the major end-user of oxidized starch, in India. Potato, tapioca, and corn are the major raw materials used for the production of oxidized starch.
The China Oxidized Starch Market will grow at 3.3% CAGR during the forecast period of 2022 to 2032. The majority of China’s oxidized starch output is used in the textile industry, followed by the food and paper industries. China’s domestic demand for oxidized starch has been growing at a steady rate in recent years. In addition, rising environmental concerns are leading to the increased use of oxidized starch as a replacement for chemicals in various industrial applications.
Although China is a major player in the global oxidized starch market, the majority of the country’s output is consumed domestically. As a result, China is not a significant exporter of this product.
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Oxidized starch is used as a sizing agent in the textile and paper industry. It is used to improve the stiffness, strength, and surface finish of fabrics and paper. Oxidized starch also acts as a binder and can be used to improve the bonding of papers to other papers and to textiles.
In the construction industry, Oxidized Starch is used as an additive to improve the properties of mortar and concrete. The addition of Oxidized Starch to mortar and concrete increases the strength and durability of these materials. In addition, Oxidized Starch can also improve the workability of mortar and concrete, making it easier to apply these materials to surfaces.
Oxidized Starch is a type of modified starch that has been treated with oxidizing agents, such as bleach. It is commonly used as a pigment binder and coating binder in the paint and coatings industry. Oxidized Starch has many benefits over unmodified starch, such as improved color retention, better adhesion, and increased water resistance.
The rising demand for processed food & beverages and animal feed is the major factor driving the growth of the oxidized starch market. However, stringent government regulations regarding the use of food additives are expected to restrain the market growth during the forecast period. The major players in the market are Archer Daniels Midland Company, Cargill, Inc., Ingredion Inc., Agrana Beteiligungs-AG, and Roquette Freres.
Similarly, recent trends, drivers of the market, restraints of the market, strengths, and weaknesses are analyzed and have been tracked by the FMI, which are available in the full report.
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| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Segments Covered |
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| Key Companies Profiled |
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| Report Coverage | Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Oxidized Starch Market will reach nearly US$ 1,440.9 Million by 2022.
The Oxidized Starch Market is expected to rise at a CAGR of 6.1%.
The USA, India, China, the United Kingdom, and Germany are the major countries driving the demand for Oxidized Starch Market.
The China Oxidized Starch Market will grow at 3.4% CAGR between 2022 and 2032.
The India Oxidized Starch Market will grow at 5.9% CAGR between 2022 and 2032.
The United Kingdom Oxidized Starch Market will grow at 5.2% CAGR between 2022 and 2032.
Cargill Inc, Global Bio-Chem Technology Group Co. Ltd, Tate and Lyle Plc, Archer-Daniels-Midland Co., and China Essence Group Ltd are the companies dominating the Oxidized Starch Market.
The global demand for Oxidized Starch Market is forecasted to surpass US$ 2,604.9 Million by the year 2032.
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Oxidized Starch Market
