North America Industrial Starch Market

The North America industrial starch market is expected to grow from US$ 13,537.63 million in 2022 to US$ 20,752.10 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2022 to 2028.

Traditionally, companies use polystyrene materials, which are generally extruded, or injection molded for packaging. Polystyrene packaging is nonrecyclable. Therefore, increasing awareness among companies about the environmental impact of polystyrene has encouraged companies to use biodegradable and recyclable packaging materials. Starch-based materials have the potential to be used as biodegradable food packaging materials that reduce environmental pollution. The usability of starch-based biodegradable materials can be improved or extended by adding other additives or biopolymers and using innovative preparation techniques. Additionally, the starch adhesive is most widely used in the corrugated board industry because of its abundant supply, low cost, renewability, biodegradable properties, and ease of chemical modifications. As participants in the packaging industry are becoming increasingly aware of the importance of shifting toward sustainable and greener options such as corn starch, the packaging is being recognized as more than just a public relations alternative. This significant growth of the e-commerce sector and the increasing adoption of eco-friendly packaging materials are expected to boost the demand for industrial starch across North America.

Vendors in the industrial starch market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the market at a good CAGR during the forecast period.   

North America Industrial Starch Market Revenue and Forecast to 2028 (US$ Million) 

North America Industrial Starch Strategic Insights

Strategic insights for the North America 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.

North America Industrial Starch Report Scope

North America Industrial Starch Regional Insights

The geographic scope of the North America 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.

 North America Industrial Starch Market Segmentation         

The North America industrial starch market is segmented on the basis of type, source, application, and country. Based on type, the market is bifurcated into native starch and starch derivatives and sweeteners. The starch derivatives and sweeteners segment dominated the market in 2022 and is expected to register a higher CAGR during the forecast period. Based on source, the market is segmented into potato, corn, wheat, cassava, and others. The wheat segment dominated the market in 2022, and the corn segment is expected to register the highest CAGR during the forecast period. Based on application, the North America industrial starch market is segmented into food and beverages, pulp and paper, animal feed, pharmaceuticals, and others. The food and beverages segment dominated the market in 2022, and the pulp and paper segment is expected to register the highest CAGR during the forecast period. Based on country, the North America industrial starch market is segmented into the US, Canada, and Mexico.     

ADM; AGRANA Beteiligungs AG; Cargill, Incorporated; Grain Processing Corporation; Ingredion Incorporated; Roquette Frères; Royal Cosun; Tate & Lyle PLC; and Tereos Group are among the leading companies operating in the North America industrial starch market.