The arrowroot starch market value is anticipated to total USD 2.8 billion in 2024 and USD 4.2 billion by 2034. Global demand for arrowroot starch is likely to increase at a CAGR of 4.1% during the forecast period.
Demand remains particularly high for organic arrowroot starch owing to its growing demand for natural and clean-label products. The target segment accounted for a revenue share of 62% in 2023 and is set to experience steady growth through 2034.
Several factors are expected to fuel the growth of the arrowroot starch industry during the assessment period. These include increasing demand for natural and gluten-free products and expanding applications of arrowroot starch in industries like food and beverage and pharmaceuticals.
There is a spike in celiac disease cases across nations like the United States, China, and the United Kingdom. For instance, it is estimated that around 1% of the American population has celiac disease.
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The growing incidence of celiac disease is generating a higher demand for gluten-free products. This, in turn, is likely to boost sales of arrowroot starch and, consequently, the target industry.
Arrowroot starch is becoming an ideal alternative to traditional wheat-based starches owing to its gluten-free nature. Thus, as the demand for natural and gluten-free products continues to surge, so will sales of arrowroot starch.
Increasing usage of arrowroot starch in food and beverage applications is set to fuel market growth. This natural substance is widely used as a stabilizer and thickening agent in sauces, soups, confectionery, and bakery items.
Growing awareness about the benefits of arrowroot starch is another key factor propelling demand. Similarly, expanding applications in pharmaceutical as well as cosmetics and personal care industries are likely to benefit the industry.
“The versatility of arrowroot starch is expanding its applications in various products, ranging from food and beverages to pharmaceuticals. This is expected to boost market growth through 2034.” says a lead Future Market Insights (FMI) analyst.
Key Takeaways from the Market Report:
- The global market is set to reach USD 4.2 billion by 2034, registering a 1% CAGR.
- Based on type, the organic segment is set to advance at a CAGR of 9% through 2034.
- By application, the food and beverages segment dominated the industry with a share of 41% in 2023.
- China is forecast to record a CAGR of 8% between 2024 and 2034.
- Revenue in the United States is anticipated to total USD 749.1 million by 2034.
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Country-wise Insights:
The section below highlights the CAGRs of the leading countries in the Arrowroot Starch Market. The three main countries pushing Arrowroot Starch demand include United States, United Kingdom, China, South Korea, Japan.
Who is Winning?
Bob’s Red Mill, Authentic Foods, NOW Foods, Nature’s Way, Frontier Co-op, Tropical Traditions, Health Garden USA, Pure Organic Ingredients, Anthony’s Goods, and Arrowhead Mills are few key players listed in the report. Offering organic products is becoming a key strategy for industry players globally.
Companies are also directing investments in research to explore new applications of arrowroot starch. Similarly, strategies like acquisitions, facility expansions, partnerships, mergers, and distribution agreements are becoming popular among players.
Industry Updates
- In April 2024, a study was published in the International Journal of Biological Macromolecules. The study used arrowroot starch to develop a 3D bioprinting structure. The study established that the bionic developed was superior to the existing monolayer structure in the human body.
- In February 2024, the Dove Men+Care Whole Body Deo Stick was launched. Containing arrowroot powder, the deo stick aims to reduce chafing.
Leading Arrowroot Starch Brands
- Bob’s Red Mill
- NOW Foods
- Authentic Foods
- Nature’s Way
- Tropical Traditions
- Pure Organic Ingredients
- Frontier Co-op, Anthony’s Goods
- Health Garden USA
- Arrowhead Mills
- Barry Farm Foods
- Let’s Do…Organic.
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Want More Insights?
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global arrowroot starch market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights based on type (organic and conventional), application (food and beverages, pharmaceuticals, nutraceuticals, textile, and others), and distribution channel (retail stores and online retail) across various regions.
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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