The global wheat starch market reached a value of about 6.5 million tons in 2021. The industry is projected to grow at a CAGR of around 2.6% in the forecast period of 2022-2027 to reach a value of 7.4 million tons by 2027.
The global wheat starch industry report gives a comprehensive analysis of the industry including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. Wheat starch has become one of the essential ingredients that is applied in various products in the food industry. It also finds application as a production component in the textile and paper industry. The key demand indicator in the industry report is the highest category spender by region— Europe.
Wheat starch is primarily a by-product in the manufacturing process of gluten. It is a carbohydrate that is found in wheat and is a popularly used in the food products. The existence of residual protein in the starch tends to gibe it a flour-like odour, flavour, and appearance. The rheological properties of wheat starch are alike to those of corn starch, even though thickness and gel intensity are comparatively not as high. In addition, wheat starch is a polysaccharide consisting of a plentiful of glucose molecules. Wheat starch either in its original form or its derivatives, is used in numerous products in the food and manufacturing industries. The common source of starch that is used for baking are wheat, corn, potatoes, and tapioca. The wheat starch industry report comprises segments based on types (native starch and modified), end-use (sweeteners, fuel, paper, and textiles, and food, among others) and region (North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market.).
Europe is the largest producer of wheat starch that is accounting for the greatest part of the total global production. The demand for wheat is rising resulting in the growth of its consumption, this turn is helping the wheat starch market to grow. The growth of the wheat starch market in Europe is due to the increase in the liking for convenience foods such as RTC and RTE food products along with the rise in the working-class segment of people and a high demand for wheat start in making of bakery items.
Europe, China, and India are leading players in the wheat production and hence, play a crucial role in the production of wheat starch. The overall growth in starch manufacturing and utilisation is anticipated to support the expansion of the industry. Moreover, the rise in the global population, notably the increasing middle-class population, is assisting in the growth of the global wheat starch market. Similarly, the swift growth of urbanisation and the expanding demand for processed food are further aiding the industry growth. Owing to its low-calorie and gluten-free content, wheat starch is a healthier alternative and hence, with growing health awareness among people is leading to buyers shifting to healthier food alternatives which is in turn helping the industry to grow further.
Even though wheat starch is generally safe for human body nevertheless, like other treated starches it does not contain any nutritional value and may add too many calories in the diet a hight speed. Moreover, wheat starch’s gluten content may vary from 5 parts per million to 10,000 parts per million.
The global wheat starch industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major wheat starch products utilising regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Wheat starch is a simple form of starch that is produced from the processed endosperm of wheat. It is most probably treated by dissolving the water-soluble starch and then dispersing the water, the result is a fine powdery starch. Once the gluten proteins are washed out or removed, it does not give out any elasticity to dough and is mainly used as a thickener. Hence, when it is used in food, wheat starch helps with texture, viscosity, gel formulation, binding, and moisture retention. Additionally, it thickens the food by retrogradation and gelatinization processes. The heat affects the starch to soak up water and swell, while increasing the clarity and viscosity. Once the viscosity reaches the highest level, the cells move to one side and decrease the viscosity. Soon after, when the product starts to cool over the viscosity improves, thus making the liquid murky which results in gel formation.
There are several players in the global food additives market and top producers are Archer Daniels Midland Company, Cargill Inc., Tereos Starch & Sweeteners, and others who aim on expanding label-friendly food additives. Ever growing utilisation of additives in the food products to improve the texture and taste is projected to increase the development of the wheat starch market. Because wheat starch supports in increasing the shelf life of the products like treated meats, soups and sauces, dairy desserts, and several others, they are directly positively affecting the sales of wheat starch.
The food industry players are constantly looking for food additives that suit their need for improving texture, binding, emulsification, and others, hence promoting the global market for wheat starch. To help encourage this further wheat starch manufactures are investing in the research and development bring improvement and necessary modification to produced excellent quality of starch. They are also working towards developing new and innovative product lines by keeping in mind the current market trends and consumer feedback.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market.
Due to the increased application in the food and beverages sector and based on consumer liking, native starch type represents the highest market value share in 2020 in comparison to the modified starch type. While native starch is anticipated to lead the market amongst the other types of wheat starch its producers are augmenting their production for it to increase their revenue flows from food and paper manufacturing industries, mostly for binding and thickening reasons. Among the other European nations, Germany is projected to showcase the largest incremental prospects leading to the rise in the demand for native and clean label wheat starch from food and beverages industry. One of the leading companies in the wheat starch market, Sedamyl presents wheat starch in the food sector for its binding, thickening, emulsification, and stabilising functions and in the paper industry for its binding properties.
1. Executive Summary
2. Global Wheat Starch Market Snapshot
2.1. Wheat Starch Market Outlook
2.2. Global Wheat Starch Industry Analysis By Type
2.2.1. Native Starch
2.2.2. Modified Starch
2.3. Global Wheat Starch Industry Analysis By End-use
2.3.1. Sweeteners
2.3.2. Fuel
2.3.3. Paper
2.3.4. Textiles
2.3.5. Food
2.4. Regional Overview
2.4.1. North America
2.4.2. Europe
2.4.3. Asia Pacific
2.4.4. Latin America
2.4.5. Middle East & Africa
3. Impact of Recent Events
4. Wheat Starch Value Chain Analysis
5. Wheat Starch Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Wheat Starch Cost Structure Analysis
8.1. Cost Saving Opportunities
9. Wheat Starch Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Wheat Starch Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Industry Best Practices
13.1. Sourcing Strategy
13.2. Procurement Model
13.3. Contract Structure
13.4. Negotiation Levers
13.5. Pricing Model
13.6. Key Factors Influencing the Quotation
14. Key Supplier Analysis
14.1. Cargill Incorporated
14.2. Malindra
14.3. MGP Ingredients
14.4. Crespel & Dieters
14.5. ADM
14.6. Roquette Freres
In 2021, the global wheat starch market attained a value of around 6.5 million tons.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 2.6%.
It is projected that the wheat starch market will witness a healthy growth in the years between 2022-2027 to reach around 7.4 million tons by 2027.
The increasing demand for wheat starch as a stabilizing, thickening and gelling agent in various end use industries are some of major drivers of the industry that are likely to support the market growth.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market.
Based on the end use, the market is divided into sweeteners, fuel, paper and textiles, and food. Among these, sweeteners exhibit a clear dominance in the market, accounting for most of the total market share.
The major players in the industry are Tate & Lyle plc, Roquette Freres S.A., Cargill, Incorporated, Archer Daniels Midland Company, and Tereos Group.
The global wheat starch market reached a value of about 6.5 million tons in 2021. The industry is projected to grow at a CAGR of around 2.6% in the forecast period of 2022-2027 to reach a value of 7.4 million tons by 2027. Wheat starch is primarily a by-product in the manufacturing process of gluten. It is a carbohydrate that is found in wheat and is a popularly used in the food products. Europe is the largest producer of wheat starch that is accounting for the greatest part of the total global production. The demand for wheat is rising resulting in the growth of its consumption, this turn is helping the wheat starch market to grow. Moreover, the rise in the global population, notably the increasing middle-class population, is assisting in the growth of the global wheat starch market. Owing to the increased application in the food and beverages sector and based on consumer liking, native starch type represents the highest market value share in 2020 in comparison to the modified starch type. There are several players in the global food additives market and top producers are Archer Daniels Midland Company, Cargill Inc., Tereos Starch & Sweeteners, and others who aim on expanding label-friendly food additives.
Procurement Resources’ detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise thus, delivering its customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.
The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.
The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.