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Moulding Starch Market

Moulding Starch Market By End Use (Candies, Jellies, Gummies, Marshmallows) & Region - Forecast 2022-2032

Market Insights on Moulding Starch covering sales outlook, demand forecast & up-to-date key trends

Moulding Starch Market Overview

The global demand for moulding starch is expected to increase at a considerable pace during the forecast period between 2022 and 2032. Growth in the market is attributable to the surging demand from the confectionery industry across the world.

Report Attribute

Details

Moulding Starch Market Projected Growth Rate (2022-2032)

% CAGR

Moulding starch is a fine white powder that is generally obtained from native corn starch. It is being increasingly utilized in moulding, depositing, and drying processes of jellies, gummies, and other confectionery products to absorb moisture. Moreover, it is also blended with oil to reduce dusting.

During the last few decades, demand for moulding starch has increased substantially due to increased production and consumption of confectionery products such as chocolates, marshmallows, jellies, and the trend is likely to continue in the future.

Molding starch has a very low moisture content which enables it to absorb the moisture of jellies and other confectionery products. Thus, addition of moulding starch helps confectionery products to be ready in a short time. Moreover, it can also be used for forming crusts on the surface of candy shells.

During the production process, large trays are filled with moulding starch and then a mould is used to stamp or imprint the desired shape. Addition of moulding starch significantly absorbs the moisture of confectionery products, prevents stickiness, and ensures that shape is retained prior to depositing. Moreover, thanks to its neutral flavor, it does not interfere with the original taste of the confectionery products.

Leading manufacturers are continuously introducing new moulding starch solutions to allow customers to create confectionery products which accept and hold impressions, including letter and shapes effectively. This will help them to increase their customer base.

Which are Some Prominent Drivers Spearheading Moulding Starch Market Growth?

The swift growth of moulding starch market is attributable to the rising consumption of confectionery products worldwide, surging demand for non-GMO products, and innovations in moulding starch.

Moulding starch has become an integral part of confectionery production process for controlling moisture of products, enhancing their shelf life, and improving overall productivity. Growing focus of confectionery manufacturers to reduce holding times for improving productivity as well as for reducing work-in-progress will continue to push sales of moulding starch during the forecast period.

Numerous confectionery items such as candy corn, gummies, jelly bean centers etc. are being manufactured by using starch moulding techniques. Rising consumption of these confectionery products due to rapidly rising population, increasing disposable income, changing eating habits, and preference for convenience is anticipated to provide a strong thrust to the growth of moudling starch market in the forthcoming period.

Subsequently, increasing efforts of confectionery manufacturers for developing products with different shapes and sizes to woo more and more customers will further generate sales prospects for moulding starch during the forecast period.

In addition to this, changing consumer preference for products that contain non-GMO and natural ingredients coupled with rising demand for clean label products is anticipated to further expand the size of moulding starch market in future.

Various studies have revealed that GMO foods have the potential to give rise to certain health problems such as immune disorders. As a result, people have changed their preference towards products that contain non-GMO ingredients. To meet these demands, manufacturers are increasingly using moulding starch to develop non-GMO clean-label products.

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What are the Challenges Faced by the Moulding Starch Industry?

Despite its optimistic stance, the global moulding starch market is facing various challenges that are likely to restrain its growth during the forthcoming years. Some of these factors are the side effects of consuming too much starch and poor penetration of confectionery products across various underdeveloped regions.

Why is MEA a Lucrative Market for Moulding Starch Manufacturers?

With rising consumer inclination towards consuming confectionery items like chocolates, sweets, marshmallows, and jellies, the Middle East and Africa moudling starch market is expected to grow at a relatively higher CAGR over the forecast period from 2022 to 2032.

Countries such as Saudi Arabia, Turkey, and United Arab Emirates are experiencing strong demand for moulding starch due to changing consumer preference and increasing youth inclination towards confectionery products.

Various domestic and international market players are aiming to penetrate the MEA market for its conducive environment. This will further expand the size of the MEA market in future.

Nandini Roy Choudhury
Principal Consultant
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What is the Asia Pacific Moulding Starch Market Outlook?

According to Future Market Insights, the Asia Pacific market is poised to grow at a significant pace during the forecast period, owing to rising consumption of confectionery products, changing eating habits, and presence of leading market players.

As western culture continues to make waves across the Asia Pacific countries, demand for food products like confectionery and bakery is on the rise. People, especially the younger generation, spend large amounts on purchasing confectionery products like marshmallows, lollipops, jellies etc. This in turn is creating growth prospects for moulding starch market across the region.

Moreover, growing inclination towards consuming products with natural or plant-based ingredients will further boost market growth in future.

Market Competition

Some of the key participants present in the global moulding starch market include Archer Daniels Midland, Tate & Lyle PLC, Ingredion, Tereos Starch & Sweeteners s.a.s., and Everest Starch Pvt. Ltd., among others.

These leading players are constantly upgrading their product portfolios to meet the changing end user demands. Furthermore, they are adopting growth strategies such as partnerships, price reduction, new product launches, and partnerships to gain a competitive edge in the market.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of % from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • End Use
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

 

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Key Segments Profiled in the Moulding Starch Industry Survey

By End Use:

  • Candies
  • Jellies
  • Gummies
  • Marshmallows
  • Others (e.g., Rock Candy, Caramels, etc.)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

Which region is forecast to be the most lucrative for moulding starch market

Archer Daniels Midland, Tate & Lyle PLC, Ingredion, and Tereos Starch & Sweeteners are some prominent moulding starch manufacturers

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Moulding Starch Market