The global food starch market size is expected to reach a valuation of US$ 19.2 Bn by 2022. It is set to accelerate at a CAGR of 6.01% during 2022-2032. The global market is anticipated to reach a valuation of US$ 40.9 Bn by 2032.
Earlier, people used to consume uncooked and unprocessed plants that contained high amounts of starch. Microbes in the large intestine fermented or digested these starch, thereby producing short-chain fatty acids that served as energy, as well as aided in the microbes’ survival and growth.
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But, as the consumption of highly processed foods increased, it became easier to digest and release more glucose in the small intestine, thereby resulting in less starch reaching the large intestine and more energy being absorbed by the body in today’s diets. This shift in power transmission, as a result of eating more processed foods, is resulting in the prevalence of metabolic diseases such as obesity and diabetes.
In order to overcome severe health risks, consumers are including food starch in their daily diet. This factor is expected to propel food starch sales globally as key players are developing innovative products to attract a large consumer base.
The global food starch market grew at a CAGR of 5.6% between 2017 and 2021. The period marked increasing investments in research and developmental activities by key players.
Consumer preference for health and wellness maintenance is expected to drive the market for food starch globally. Cereals and potatoes are considered to be the major contributors of starch in diets. It is beneficial to include starch in an individual’s diet as it has functional ingredients that help to prevent weight gain and can eliminate severe symptoms of obesity.
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Consumers are also preferring gluten-free products, which is expected to push food starch demand across the globe. In order to fulfill the rising demand for low calorie and low fat products, starch is being used as an additive in breads, cookies, bread rolls, and sauces.
Owing to the aforementioned factors, the global food starch market is anticipated to exhibit growth at a CAGR of 6.01% during the forecast period (2022-2032).
“Restaurants and Cafes in the U.S. to Extensively Use Cooking Starch”
The U.S. is one of the leading markets for food starch as it is highly used in ready-to-eat premixes. It is also used in many high-end restaurants and local cafes to make numerous cuisines. Demand for food starch is expected to rise with the growing trend of consumer snacking in the country.
Demand from other countries in North America like Canada is expected to grow owing to wide applications of food starch in the chemical, textile, paper, and animal feed industries. As per FMI, the U.S. food starch market is expected to reach a valuation of about US$ 3.5 Bn in 2022, which is approximately 23% of the global market, says FMI.
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