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Wheat starch is a type of carbohydrate that are found in many plants and has become a common part of the human diet. It is a powdery substance that is obtained from the wheat kernels. Wheat starch is popularly used in cuisines for the purpose of making breads, pot stickers and dumplings. Most often the wheat starch is sold to industrial rather than the food outlets. The highest proportion of wheat starch is employed in the paper industry in the form of a wet end adhesives. It has the same paste texture, clarity and strength as that of corn starch.
Strategic insights for the Europe Wheat 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.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 323.69 Million |
Market Size by 2027 | US$ 274.37 Million |
Global CAGR (2020 - 2027) | 2.3 % |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Wheat 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.
The Europe wheat starch market is expected to reach US$ 274.37 million in 2027 from US$ 323.69 million in 2019. The market is anticipated to grow at a CAGR of 2.3 % from 2020 to 2027. Factors driving the market growth include ease of incorporation in wide range of food grade and growing usage in non-food grades. However, availability of substitutes is likely to have a negative impact on the market growth.
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the food and beverages industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. Russia has the highest number of confirmed cases of the COVID-19 morbidity among all European countries. This is likely to impact the food and beverages industry in the region due to the disruption of supply and distribution chain in Europe. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
The native wheat starch segment accounted for a larger share of the Europe wheat starch market, by type, in 2019. The food grade segment accounted for a larger share of the Europe wheat starch market, by grade, in 2019. The food and beverages segment accounted for a larger share of the Europe wheat starch market, by end use industry, in 2019.
A few of the major primary and secondary sources referred to while preparing this report on the Europe wheat starch market include Cargill Incorporated, Roquette Freres, The Archer-Daniels-Midland Company, Agrana Group, Tereos SA, Crespel and Deiters, New Zealand Starch Company and Sacchetto S.p.A.
The Europe Wheat Starch Market is valued at US$ 323.69 Million in 2019, it is projected to reach US$ 274.37 Million by 2027.
As per our report Europe Wheat Starch Market, the market size is valued at US$ 323.69 Million in 2019, projecting it to reach US$ 274.37 Million by 2027. This translates to a CAGR of approximately 2.3 % during the forecast period.
The Europe Wheat 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 Wheat Starch Market report:
The Europe Wheat Starch Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Wheat Starch Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Wheat Starch Market value chain can benefit from the information contained in a comprehensive market report.