The Business Research Company’s Thin Boiling Starch Global Market Report 2023is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2023-2032. The Thin Boiling Starch Global Market Report 2023evaluates thin boiling starch market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global thin boiling starch market is expected to grow from $13.16 billion in 2022 to $13.74 billion in 2023 at a compound annual growth rate (CAGR) of 4.48%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The thin boiling starch market is expected to reach $15.81 billion in 2027 at a CAGR of 3.6%.
Increasing demand from the food and beverage industry is expected to propel the growth of the thin boiling starch market going forward. The food and beverage industry is the economic sector that involves producing, processing, distributing, and selling food and drink products. It encompasses various businesses and activities, including agriculture, food manufacturing, food service, retailing, and catering. Thin boiling starches are primarily used in the food and beverage industry as versatile ingredients for thickening, stabilizing emulsions, and enhancing the texture of various food products. For instance, in April 2022, according to the reports shared by the Common Thread Collective, a US-based e-commerce growth agency, global food and beverage sales were $506 billion in 2022 and are expected to reach $857 billion by 2025. Furthermore, in September 2022, according to Statistics Sweden., a Sweden-based government agency, food and beverage sales in 2021 were $30.74 billion (SEK 334 billion), an increase of 2.9 percent, or $8.28 billion (SEK 9 billion), from 2020. Therefore, the increasing demand from the food and beverage industry is driving the growth of the thin boiling starch market.
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The thin boiling starch market segments in the report are:
1) By Product: Potato Starch, Maize Starch, Wheat Starch, Other Products
2) By Form: Dry, Liquid
3) By Application: Food And Beverages, Textile, Paper And Packaging, Pharmaceuticals, Personal Care, Other Applications
Top Major Players:
Cargill Incorporated
Archer Daniels Midland Company
Ingredion Incorporated
Tereos SCA
Roquette Frères
North America was the largest region in the thin boiling starch market in 2022.
The table of contents in TBRC’s thin boiling starch market report includes:
1. Executive Summary
2. Thin Boiling Starch Market Characteristics
3. Thin Boiling Starch Market Trends And Strategies
4. Thin Boiling Starch Market – Macro Economic Scenario
5. Global Thin Boiling Starch Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
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32. Global Thin Boiling Starch Market Competitive Benchmarking
33. Global Thin Boiling Starch Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Thin Boiling Starch Market
35. Thin Boiling Starch Market Future Outlook and Potential Analysis
36. Appendix
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