The cold water swelling starch market is estimated to be valued at USD 655.81 million in 2024. Compared to conventional starches, which are processed with hot water, cold water swelling starch manufacturing requires less energy, making it a suitable eco-friendly alternative.
The demand for cold water swelling starch is predicted to record a modest CAGR of 6.7% between 2024 and 2034. The total valuation of the cold water swelling starch industry is set to reach USD 1,248.81 million by 2034.
Cold Water Swelling Starch Market Trends & Analysis
Report Attribute | Details |
---|---|
Cold Water Swelling Starch Market Revenue (2024) | USD 655.81 million |
Market Anticipated Forecast Value (2034) | USD 1,248.81 million |
Market Projected Growth Rate (2024 to 2034) | 6.7% CAGR |
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According to market survey reports, the total cold water swelling starch sales was roughly USD 480 million in 2019. However, it retained a lucrative annual growth rate of 6.4% in the following years despite witnessing a challenging phase between 2020 and 2021. The stagnation of trade channels for excess farm products, such as corn and cassava, that are used in making starch, could explain the market's resilience during the pandemic.
Historical Market CAGR (2019 to 2023) | 6.4% |
---|---|
Forecasted Market CAGR (2024 to 2034) | 6.7% |
Prominent Factors for the Global Cold Water Swelling Starch Market Growth
As food processing and packaging enterprises expand fast and become more industrialized, starch producers are witnessing greater demand for cold-water-soluble starch in the food industry. Also, manufacturers are trying to get ideally positioned to maximize their coverage of local bakeries and street food chains, creating a sizable market for starch thickeners in food products.
Due to their adaptability, the use and scope of starch-based thickeners for coating and adhesive purposes has widened extensively in the industrial sectors. For example, the paper and packaging industries are eager to embrace cold-processed paper coating starch because of its adaptability in offering superior fiber-binding qualities and high adherence.
The list below represents the disparate nature of different regional industrial starches' market size and growth trends. While the United States is forecast to continue its growth at a steady rate, the more prominent markets in Europe and Asia are expected to witness varying growth rates. The United Kingdom is expected to be a lucrative market owing to the soaring use of modified starch in the food industry.
Regional Market Comparison | CAGR (2024 to 2034) |
---|---|
United States | 5.6% |
Germany | 3.6% |
United Kingdom | 8.5% |
India | 4.5% |
China | 6% |
Based on the numbers obtained from market surveys, the United States is the leading consumer of cold water swelling starch in North America. Notable reasons that are expected to drive this regional market with a lucrative CAGR of 5.6% over the projected years include:
As per the market estimates, China is expected to retain its dominance in cold water starch production in Asia. A few key factors that are expected to aid the regional market at a CAGR of 6% through the projected years include:
Among the different applications of modified starches in the food industry, the use of cold water starch in instant dessert preparation is estimated to account for one-fourth of the market share in 2024.
Attributes | Details |
---|---|
Top Application Type or Segment | Instant Dessert |
Total Market Share in 2024 | 25% |
Some underlying factors that are expected to impact the market segment for cold water swelling starch thickeners in food products, particularly in instant desserts, include:
Based on different sources of starches, potato is estimated to be used for 56.4% of the total production in 2024, followed by corn.
Attributes | Details |
---|---|
Top Source Type or Segment | Potato Starch |
Total Market Share in 2024 | 56.5% |
A few central factors that have boosted the cold water swelling potato starch market segment include:
The overall competition in the market was moderate until the roll-dried and cold water swelling starches production, which was mainly used as ingredients for food and beverages. Many traditional heat-processed gelling agent manufacturers are trying to reach a larger market through diversification and have escalated the competition.
Recent Developments in the Industry
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Attribute | Details |
---|---|
Estimated Market Size (2024) | USD 655.81 million |
Projected Market Size (2034) | USD 1,248.81 million |
Anticipated Growth Rate (2024 to 2034) | 6.7% CAGR |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America, Latin America, Europe, the Middle East & Africa (MEA), East Asia, South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Form, By Source, By Process, By Application, and By Region |
Key Companies Profiled | Cargill Inc.; Ingredion Inc.; AVEBE U. A.; Tate & Lyle; ADM Co.; KMC; Roquette; Grain Processing Corporation |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The cold water swelling starch market value to be USD 655.81 million in 2024.
The cold water swelling starch market is to grow at 6.7% during the forecast period.
The cold water swelling starch market is to be valued at USD 1,248.81 million by 2034.
The United States is currently the leading consumer of cold water swelling starch.
The United Kingdom is to witness an 8.5% CAGR in overall sales through 2034.
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