The global cold water swelling starch market value is estimated to be around US$ 655.81 million in 2024, growing from US$ 480 million in 2019. The year-on-year growth in demand for cold water swelling starch is forecast to be 6.7% from 2024 to 2034. By the end of this forecast period, the cold water swelling starch industry is predicted to reach US$ 1,248.81 million.
The energy efficiency of cold water swelling starch improves the overall sustainability of its production process and helps industries improve profit margins. The use of roll-dried and cold water swelling starches as food-thickening agents is expected to remain the key factor for the advancement of the market. Rising demand for cold water soluble polymers in textile industries is expected to be another prominent factor for the growth of the cold water swelling starch market.
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Key Takeaways from the Market
- The United States accounts for more than half of the total sales in North America and is anticipated to expand further with a CAGR of 5.6% through 2034.
- In Europe, the United Kingdom is projected to hold a lucrative market for cold water starch by witnessing a year-on-year growth of 8.5% through 2034.
- China is the leading producer and consumer of all types of starch in Asia, which is poised to advance further with a 6% CAGR between 2024 and 2034.
- In Asia, India is another emerging market for modified starch, and the demand for cold water starch here is poised to increase at 4.5% CAGR through 2034.
“Cold water swelling starch is getting more acceptance as a bio-based and ecologically friendly substitute for adhesives and packaging materials. So, the rising focus on sustainable packaging solutions is expected to foster new trade avenues for the cold water swelling industrial starch manufacturers,” – says a lead analyst at FMI.Competitive Landscape for the Cold Water Swelling Starch Market Participants
The market has been fragmenting fast in recent years as leading players are expanding their presence to cater to the scattered end users of their products. Many regional starch manufacturers have also accelerated this fragmentation by incorporating cold water instant starch in their product line-ups to enhance market competitiveness.
Recent Developments in the Cold Water Swelling Starch Industry Players
In March 2021, Cargill Inc. introduced three new cold water swelling starches to its product line of SimPure starches, primarily for hot conditions. SimPure 99470, 99445, and SimPure 99475 have been added to label-friendly, functional SimPure starch offerings that are popular for long shelf life and simplicity of processing. The texturizing issues are addressed by these naturally derived solutions that retain the special qualities of tapioca and maize.
In May 2021, Ingredion Company launched the innovative cold water swelling maize starch NOVATION Lumina 4600. This waxy functional starch has a medium process tolerance and delivers viscosity without heating or glossiness. The company claims it can improve texture stability with a clean flavor and color character compared to drum-dried starches.
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Key Segments Covered by Cold Water Swelling Starch Industry Survey Report
By Form:
- Granular
- Pregelatinized
- Powder
By Source:
- Banana Starch
- Chickpeas Starch
- Potato Starch
- Corn Starch
- Cassava Starch
- Tapioca Starch
- Rice Starch
- Wheat Starch
- Other Sources
By Application:
- Food
- Clinical Nursing Homes to Thicken Foods
- Dairy
- Bakery
- Convenience
- Ready-to-eat or Instant Dessert
- Snacks
- Edible Fillings
- Pharmaceutical
- Textile Sizing
- Adhesive Making
- Other Applications
By Process:
- Spray cooking
- Drum-Dried
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- The Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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