Hydrolyzed Starch Market Analysis

Increasing Consumer Demand for Low-Calorie Foods to Push Market Growth

Hydrolyzed starch has become an essential ingredient in food and beverages, mainly for its nutritional, sensorial and functional properties. In recent years, the production and applications of hydrolyzed starch have increased rapidly. The food industry is gradually replacing sugar with hydrolyzed starch-based sweeteners. High demand from the confectionary industry is anticipated to act as a key driver for the market. Approval from regulatory bodies, such as FDA and EFSA, for the use of hydrolyzed starch as a food ingredient has given the market a significant boost. Foodservice companies are inclining toward hydrolyzed starch-based sweeteners to fulfill the consumers' demand for low-calorie foods.

Global Hydrolyzed Starch Market - Key Players:

Some of the key players active in the global Hydrolyzed Starch market are Lyckeby, Cargill Inc., BASF, DowDuPont, Lanxess Aktiengesellschaft, Mitsui Chemicals, Shell International, Covestro, Stepan Company, Sweetener Products Company, SPI Polyols, Inc., Roquette America Inc., Tereos Starch & Sweeteners, Archer Daniels Midland, Tongaat Hulett Starch and Ingredion, among others.

Key Developments in the Hydrolyzed Starch Global Market:

The hydrolyzed starch market is expected to grow substantially in the years to come. The expanding food industry will push the overall growth of the market. Multiple product launches have been witnessed in the last decade. For instance, in November 2016, Ingredion, an Illinois based ingredient provider launched SWEETIS, with hydrolyzed starch as the primary sugar alcohol in it. SWEETIS offers a taste similar to sugar with fewer calories. Similarly, new sweetening products have been launched across the Asia Pacific in recent years.

Opportunities for Hydrolyzed Starch Participants:

The Pharmaceuticals segment is expected to record healthy CAGR in the market. Hydrolyzed starch is used as a bodying agent in numerous pharmaceuticals applications, such as tablets, syrups and more. Vendors could capitalize by producing hydrolyzed starch-based products for use in pharmaceuticals applications.

In the U.S, hydrolyzed starch is recognized as GRAS (Generally Recognized as Safe) by the FDA (Food and Drug Administration). Thus, opportunities exist for vendors who are eager to enter the market.

In Europe, around half of the foodservice companies are providing processed foods with wheat-based hydrolyzed starch, such as maltodextrins, glucose syrup, etc. The demand for wheat-based hydrolyzed starch in Europe stays strong and the same trend is expected throughout the forecast period.

Brief Approach to Research:

A modeling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments included in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global scale to estimate the overall market sizes.