Industrial Starch Market is Expected to Reach US$ 116.3 Bn by 2025Posted by Shristi on November 7th, 2019 Analyst Speak: “The Industrial Starch Market is estimated to reach about US$ 116.3 Bn by 2025, and the market is anticipated to grow at significant CAGR over the forecast period 2019-2025 owing to surge in demand for the industrial starch from food and beverage industries. Precision Business Insights (PBI) in its report titled “Industrial Starch Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The industrial starch market expected to account for US$ 116.3 Bn by 2025 owing to increase in the consumption of industrial starch as adhesive packaging industry and consumer products. Moreover, wide range of applications with industrial starch, increase in number of end user industries, surge in consumption of bio-based food products, and increase in the cultivation of cassava and maize are anticipated to boost the global industrial starch market over the forecast years. However, fluctuations in raw material prices, availability of alternative products such as resin glue, and high R&D cost are impede the growth of industrial starch market over the forecast years. Industrial starch market segmented on the basis of product type, source, application, function, form, and geographical regions. Avail Sample Report of the Market @ https://www.precisionbusinessinsights.com/request-sample?product_id=16958 Food and Beverages Industry Segment Expected to Dominate the Market Based on application, industrial starch market segmented into food and beverages industry, textile industry, feed industry, paper industry, and others. Among all of these industries, food and beverage industry dominated the industrial starch market owing to surge in the consumption of processed food products, increase in number of food and beverage industries, wide range of applications in the food industries such as gelling agent, thickener, sweetening agent, and stabilizer, and launch of rise in demand for functional food products. However, feed industry segment expected to burgeon with highest CAGR over the forecast years owing to rise in animal adoption rate and increase in animal health awareness among the population. North America Accounts for Major Revenue Share for Industrial Starch Market Precision Business Insights (PBI) industrial starch market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among all the regions, North America dominated the global industrial starch market in 2018 with an approximate share of 38.3% and same trend is expected over the forecast years owing to surge in demand for industrial starch from food, feed, and textile industries, presence of huge number of market players, and surge increase in the consumption of processed food products in the region. Asia Pacific is the fastest growing market in terms of revenue and the trend is expected to continue over forecast period due surge in demand from packaging and paper industries in the region. Strategic Collaborations Play Vital Role in Industrial Starch Market Collaborations and mergers are part of growth strategies that manufacturers deploy to gain a larger market share and to expand their product portfolio and geographical presence. For instance, in September 2019, Cargill, In. launched C iBond 25957, a high-performance, cationic, wet-end starch specifically designed for packaging paper applications For More Information @ https://www.precisionbusinessinsights.com/market-reports/global-industrial-starch-market/ Key player’s profiles in the report are Cargill, Inc., Tate & Lyle plc, Archer Daniels Midland Company, Ingredion Corporation, Grain Processing Corporation, GreenTech Industries, Ltd., BASF SE, Agrana Beteiligungs-AG, Roquette Freres, and Royal Cosun. Detailed Segmentation By Product Type
By Source
By Application Type
By Function
By Form
Geography North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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