Market Introduction
Starch is an integral part of adhesive formulations and is used in a wide range of industrial applications. Industrial starch is derived from various natural sources such as wheat, rice, tapioca, potato, and maize.
Strategic insights for the Europe Industrial Starch provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Industrial Starch refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Industrial Starch Strategic Insights
Europe Industrial Starch Report Scope
Report Attribute
Details
Market size in 2022
US$ 18,160.72 Million
Market Size by 2028
US$ 25,501.88 Million
Global CAGR (2022 - 2028)
5.8%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
By Source
By Application
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Industrial Starch Regional Insights
Market Overview and Dynamics
The Europe industrial starch market is expected to grow from US$ 18,160.72 million in 2022 to US$ 25,501.88 million by 2028; it is expected to grow at a CAGR of 5.8% from 2022 to 2028. The growth of various industries, including food & beverages, pulp & paper, animal feed, and pharmaceuticals in Europe is driving the industrial starch demand growth. Industrial starch is increasingly used in the paper industry during manufacturing and coating.
Along with this, starch is used to develop bioplastics due to its high polysaccharide content. Amylose in starch causes retrogradation and gelatinization, which are crucial for film formation. Moreover, the thermoplastic properties of starch are favorable for bioplastic production. The biodegradability of starch-based plastics makes them a sustainable alternative to conventional petroleum-based plastics. Manufacturers are investing in research and development to develop starch-based bioplastics with properties that resemble conventional plastics.Thus,the increasing use of starch for developing industrial bioplastics and biodegradable materials is expected to create lucrative opportunities in the Europe industrial starch market during the forecast period.
Key Market Segments
Based on application, the Europe industrial starch market is segmented into food & beverage, pulp & paper, pharmaceutical, animal feed, and others. In 2021, the food & beverage segment accounted for the largest market share, and the pulp & paper segment is expected to register the highest CAGR during the forecasted period. Based on type, the Europe industrial starch market is segmented into native starch and starch derivatives & sweeteners. In 2021, the starch derivatives and sweeteners segment dominated the market, and it is also expected to record the highest CAGR in the Europe industrial starch market during the forecasted period.
Major Sources and Companies:
A few primary and secondary sources referred to while preparing this report on the Europe industrial starch market are paid databases (Factiva),
publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Major companies listed in the report are AGRANA Beteiligungs-AG; ADM; Ingredion Incorporated; Roquette Frères; Tereos Group; Cargill, Incorporated; Tate & Lyle PLC; Grain Processing Corporation; Royal Cosun; and AVEBE.
Reasons to Buy Report
The Europe Industrial Starch Market is valued at US$ 18,160.72 Million in 2022, it is projected to reach US$ 25,501.88 Million by 2028.
As per our report Europe Industrial Starch Market, the market size is valued at US$ 18,160.72 Million in 2022, projecting it to reach US$ 25,501.88 Million by 2028. This translates to a CAGR of approximately 5.8% during the forecast period.
The Europe Industrial Starch Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Industrial Starch Market report:
The Europe Industrial Starch Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Industrial Starch Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Industrial Starch Market value chain can benefit from the information contained in a comprehensive market report.