Thin Boiling Starch Market Synopsis
The Global Thin Boiling Starch Market Size Was Valued at USD 14.26 Billion in 2023 and is Projected to Reach USD 19.95 Billion by 2032, Growing at a CAGR of 3.8% From 2024-2032.
Thin boiling starch is a type of starch that has undergone hydrolysis, reducing its viscosity. Hydrolysis is the process of breaking down starch molecules into smaller fragments, which is typically accomplished through enzymatic or chemical means. Thin boiling starch is used in a variety of industries, including food and beverages, where its lower viscosity improves its functionality as a thickening or gelling agent. This modified starch has several advantages, including improved solubility and ease of incorporation into various formulations.
- The thin boiling starch market is currently growing due to a variety of factors. Increased adoption in the food industry, particularly for its role in improving texture and consistency in processed foods, is an important contributor. The rise in demand is also due to a growing preference for convenience foods. Thin boiling starch's increased solubility makes it a preferred choice for meeting the changing needs of food manufacturers and consumers alike.
- Moreover, Future developments in production technologies that enable more economical and efficient manufacturing procedures will be a factor in this expansion. The need for thin boiling starch is predicted to increase as the food industry keeps coming up with new ideas and products. Future market expansion will also be aided by rising awareness of its adaptability in non-food applications like the paper and textile industries.
- The thin boiling starch market is expected to maintain its current growth trajectory when considering both current and future factors. This current momentum, which is based on the need for better food qualities and processing effectiveness, fits in well with what is expected to happen in the future. With ongoing changes in consumer preferences and industrial requirements, demand for thin boiling starch is expected to remain strong, ensuring a dynamic and growing market in the predictable future.
Thin Boiling Starch Market Trend Analysis:
Rising Demand for Processed Food Products
- As consumers' lifestyles become more convenient, the consumption of processed and ready-to-eat foods rises. Thin boiling starch is a popular food industry ingredient because it improves the texture and stability of these products. The current market is marked by a growing preference for processed foods, which has contributed to manufacturers' widespread use of thin boiling starch.
- Moreover, projected advancements in production technologies are likely to improve the efficiency of thin boiling starch extraction, making it more accessible to manufacturers. The expected increase in disposable income and changing dietary preferences will continue to drive demand for processed foods. As the food industry adjusts to changing consumer preferences, thin boiling starch is expected to play an important role in meeting the demand for improved textures and longer shelf life in processed foods.
- Taking everything into account, the demand for processed food products positions the thin boiling starch market for long-term expansion. The current momentum, characterised by increased consumption of processed foods, is in sync with anticipated advancements. As the demand for convenience and processed foods continues, thin boiling starch is expected to remain important in the food industry.
Expanding Applications in Non-Food Industries
- Thin boiling starch is now being used in non-food sectors, in addition to the food industry. The starch's distinct properties, such as its adhesive and binding properties, make it valuable in industries such as textiles and adhesives. Thin boiling starch's versatility is gaining traction among manufacturers, resulting in increased adoption in non-food applications where it is a cost-effective and sustainable alternative.
- Moving forward, the factors include continued advances in processing technologies, which make thin boiling starch extraction more efficient and adaptable to a variety of industrial needs. As sustainability becomes a priority in manufacturing practices, thin boiling starch's environmentally friendly properties make it a preferred choice. Diversification into non-food industries aligns with the global trend of sustainable and multi-functional raw materials, paving the way for expanded applications.
- Considering both current and future factors, the increasing use of thin boiling starch in non-food industries is expected to significantly contribute to market growth. The current momentum, fuelled by the starch's inherent properties and versatility, is perfectly aligned with anticipated advancements. The market's ability to adapt and cater to the changing needs of non-food sectors makes thin boiling starch a valuable ingredient, ensuring a dynamic and growing market.
Thin Boiling Starch Market Segment Analysis:
Thin Boiling Starch Market Segmented on the basis of type, application, and end-users.
By Type, Wheat Starch segment is expected to dominate the market during the forecast period
- Wheat starch, known for its abundance and low cost, is becoming increasingly popular among manufacturers across a wide range of industries. Its importance as a key ingredient in the food industry, contributing to improved texture and stability in processed products, is a primary motivator. Furthermore, rising consumer demand for clean-label and natural ingredients drives the market, establishing wheat starch as a top choice.
- Furthermore, Wheat starch is growing in the thin boiling starch market as processing technologies improve wheat starch extraction efficiency. The growing trend towards gluten-free products, as well as the versatile applications of wheat starch in non-food industries like textiles and adhesives, are expected to drive long-term demand. Wheat breeding innovations that improve starch content and functionality add to the positive outlook for the future.
- Considering both current and future factors, wheat starch's growth in the thin boiling starch market is expected to continue. The current momentum, which is based on wheat starch's cost-effectiveness and functional properties, is consistent with anticipated advancements. As industries evolve and consumer preferences continue to shape product formulations, demand for wheat starch in the thin boiling starch market is expected to remain steady and rising in the coming years.
By Application, Food & Beverages segment is expected to dominate the market during the forecast period
- Food manufacturers are using more and more thin boiling starch because of its beneficial effects on texture and stability. Thin boiling starch is essential to obtaining the desired product characteristics, and the demand for processed foods and convenience products drives this growth. The need for thin boiling starch in food applications is increased by consumers' growing preference for natural and clean-label ingredients.
- Furthermore, advancements include a continued emphasis on product innovation to meet changing consumer trends, such as gluten-free and plant-based preferences. Thin boiling starch production is expected to become more efficient as technology advances in processing methods and extraction techniques. As consumer awareness grows, the versatile applications of thin boiling starch in a variety of food products, from sauces to baked goods, are expected to drive long-term demand.
- Given both current and future factors, Food & Beverages' influence in the thin boiling starch market is controlled for long-term growth. The current momentum, based on the functional benefits of thin boiling starch for food applications, is consistent with anticipated advancements. Thin boiling starch is expected to maintain its significance, ensuring a robust and growing market in the predictable future.
Thin Boiling Starch Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The current growth of the thin boiling starch market in the Asia-Pacific region is due to increased industrialization and a growing population, which contribute to rising demand for processed foods, where thin boiling starch is widely used. Dominating countries in the region, such as China and India, are experiencing an increase in food and beverage production, promoting the use of thin boiling starch.
- Additionally, it is predicted that dietary changes and an increase in disposable income will result in a rise in the market for convenience and processed foods. Central to this expansion is probably going to be the dominating nations in the area. Expanding applications of thin boiling starch across industries will be made possible by technological developments in production processes and an emphasis on sustainable practices.
- Considering all factors, the current momentum, fuelled by economic growth and shifting consumer habits, is perfectly aligned with anticipated advancements. Dominating countries like China and India, with their large consumer bases and thriving industries, will remain key players. As the region's economy continues to grow, demand for thin boiling starch across various sectors is expected to remain strong, ensuring a dynamic and growing market landscape for the probable future.
Thin Boiling Starch Market Top Key Players:
- Cargill Incorporated (US)
- Ingredion Incorporated (US)
- Penford Corporation (US)
- Grain Processing Corporation (US)
- National Starch & Chemical Corporation (US)
- Colorcon Inc. (US)
- Ajinomoto Corn Products, Inc. (US)
- Avebe U.A. (Canada)
- Tate & Lyle Plc (UK)
- Tereos SCA (France)
- Roquette Frères (France)
- Agrana Group (Austria)
- Emsland Group (Germany)
- Beneo GmbH (Germany)
- Amylum Group (Belgium)
- Spac Starch Products (India Ltd.) (India)
- Crest Cellulose Pvt Ltd. (India)
- Shubham Starch Chem Pvt. Ltd. (India)
- Angel Starch & Food Pvt. Ltd. (India)
- Universal Biopolymers (India)
- Banpong Tapioca Flour Industrial Co. Ltd. (Thailand)
- Ingredion Thailand Co., Ltd. (Thailand)
- Erawan Starch Company Limited (Thailand)
- Ajinomoto Co., Inc. (Japan)
- SMS Corporation Co. Ltd. (Brazil)
Key Industry Developments in the Thin Boiling Starch Market:
- In March 2023, Tate & Lyle PLC reached an agreement with IMCD, their exclusive distribution partner in Brazil, to expand their offerings of sweetening, texture improvement, stabilisation, and fortification solutions in the Brazilian food, beverage, and nutrition industries. This collaboration demonstrates Tate & Lyle's commitment to meeting market demands through strategic partnerships
- In August 2023, Spac Starch Products (India) Ltd. has introduced a biodegradable thin boiling starch derived from cassava for use in food packaging, contributing to the promotion of sustainability in the industry.
Global Thin Boiling Starch Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.26 Bn. |
Forecast Period 2024-32 CAGR: |
3.8% |
Market Size in 2032: |
USD 19.95 Bn. |
Segments Covered: |
By Type |
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By Form |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- THIN BOILING STARCH MARKET BY TYPE (2017-2032)
- THIN BOILING STARCH MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- POTATO STARCH
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- MAIZE STARCH
- WHEAT STARCH
- THIN BOILING STARCH MARKET BY FORM (2017-2032)
- THIN BOILING STARCH MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- DRY
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- LIQUID
- THIN BOILING STARCH MARKET BY APPLICATION (2017-2032)
- THIN BOILING STARCH MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- FOOD & BEVERAGES
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- PAPER MAKING AND TEXTILE
- PHARMACEUTICALS
- ANIMAL FEED
- COSMETICS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Thin Boiling Starch Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- CARGILL INCORPORATED (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business PerDrynce (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- INGREDION INCORPORATED (US)
- PENFORD CORPORATION (US)
- GRAIN PROCESSING CORPORATION (US)
- NATIONAL STARCH & CHEMICAL CORPORATION (US)
- COLORCON INC. (US)
- AJINOMOTO CORN PRODUCTS, INC. (US)
- AVEBE U.A. (CANADA)
- TATE & LYLE PLC (UK)
- TEREOS SCA (FRANCE)
- ROQUETTE FRÈRES (FRANCE)
- AGRANA GROUP (AUSTRIA)
- EMSLAND GROUP (GERMANY)
- BENEO GMBH (GERMANY)
- AMYLUM GROUP (BELGIUM)
- SPAC STARCH PRODUCTS (INDIA LTD.) (INDIA)
- CREST CELLULOSE PVT LTD. (INDIA)
- SHUBHAM STARCH CHEM PVT. LTD. (INDIA)
- ANGEL STARCH & FOOD PVT. LTD. (INDIA)
- UNIVERSAL BIOPOLYMERS (INDIA)
- BANPONG TAPIOCA FLOUR INDUSTRIAL CO. LTD. (THAILAND)
- INGREDION THAILAND CO., LTD. (THAILAND)
- ERAWAN STARCH COMPANY LIMITED (THAILAND)
- AJINOMOTO CO., INC. (JAPAN)
- SMS CORPORATION CO. LTD. (BRAZIL)
- COMPETITIVE LANDSCAPE
- GLOBAL THIN BOILING STARCH MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Form
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Thin Boiling Starch Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.26 Bn. |
Forecast Period 2024-32 CAGR: |
3.8% |
Market Size in 2032: |
USD 19.95 Bn. |
Segments Covered: |
By Type |
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By Form |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Thin Boiling Starch Market research report is 2024-2032.
Cargill Incorporated (US), Ingredion Incorporated (US), Penford Corporation (US), Grain Processing Corporation (US), National Starch & Chemical Corporation (US), Colorcon Inc. (US), Ajinomoto Corn Products, Inc. (US), Avebe U.A. (Canada), Tate & Lyle Plc (UK), Tereos SCA (France), Roquette Frères (France), Agrana Group (Austria), Emsland Group (Germany), Beneo GmbH (Germany), Amylum Group (Belgium),Spac Starch Products (India Ltd.) (India), Crest Cellulose Pvt Ltd. (India), Shubham Starch Chem Pvt. Ltd. (India), Angel Starch & Food Pvt. Ltd. (India), Universal Biopolymers (India), Banpong Tapioca Flour Industrial Co. Ltd. (Thailand), Ingredion Thailand Co., Ltd. (Thailand), Erawan Starch Company Limited (Thailand), Ajinomoto Co., Inc. (Japan), SMS Corporation Co. Ltd. (Brazil) and Other Major Players.
The Thin Boiling Starch Market is segmented into Type, Form, Application, and region. By Type, the market is categorized into Potato Starch, Maize Starch, and Wheat Starch. By Form, the market is categorized into Dry and Liquid. By Application, the market is categorized into Food & Beverages, Paper Making, and Textile, Pharmaceuticals, Animal Feed, and Cosmetics. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Thin boiling starch is a type of starch that has undergone hydrolysis, reducing its viscosity. Hydrolysis is the process of breaking down starch molecules into smaller fragments, which is typically accomplished through enzymatic or chemical means. Thin boiling starch is used in a variety of industries, including food and beverages, where its lower viscosity improves its functionality as a thickening or gelling agent. This modified starch has several advantages, including improved solubility and ease of incorporation into various formulations
The Global Thin Boiling Starch Market Size Was Valued at USD 14.26 Billion in 2023 and is Projected to Reach USD 19.95 Billion by 2032, Growing at a CAGR of 3.8% From 2024-2032.