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The Global Starch Syrup Market Is Projected To Grow At A CAGR Of 5.5% From 2022 To 2030.
Starch Syrup Market Overview:
Starch syrup is a viscous liquid produced by the purification and concentrated hydrolysis of enzymes from various sources. Due to its absorbency, starch syrup is widely used in the food industry as a sweetener and thickener, contributing to the color, texture, and flavor of food and beverages. Manufacturers of starch syrups are demanding greater transparency in their products. The company is also committed to cooperating with research centers to develop new products and expand its market share in new markets.
Starch Syrup market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Starch Syrup market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the Russian-Ukraine war.
Industry Development
Major Segments Covered in the Global Starch Syrup Market:
Market Key Players:
Karo Syrups, COFCO Rongshi Bio-technology, Xiwang Sugar Holdings Company, Luzhou Bio-chem Technology, Egyptian Starch and Glucose, Cargill Inc., Corn Products International, KASYAP, Tereos, Global Sweeteners Holdings Limited, Aston, Ingredion, Grain Processing Corporation, Archer Daniels Midland, Tongaat Hulett Starch, MANILDRA Group, Tate & Lyle, Gulshan Polyols Ltd.
Starch Syrup Market by Types:
Starch Syrup Market By Applications:
Starch Syrup Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America, East Asia, and South Asia are expected to lead the growth rate of starch glucose syrup. The Europe region held the market share in terms of volume and also accounted for a high revenue in the starch glucose syrup market.
Oceania countries, especially Australia, will become the key market for market players. East and South Asia present huge opportunities for market players since western fast food chains and cafes typically use starch glucose syrup for cooking and preparation.
Significant Market Dynamics:
Opportunities:
Starch syrup is widely used in bakery products due to its properties of binding and retaining water and ease of structure formation. Starch syrups also provide uniform cohesion and a crunchy texture to foods, which remain key requirements for most snack products. Consumers have now turned towards healthy and natural ingredients, so manufacturers of starch syrup are expected to develop new formulations to meet consumer needs and trends, as starch syrup is especially used in a variety of food products.
The rise of modern forms of trade and online retailing is supporting the promotion of starch syrup and its products. An increase in the use of mobile phones and influential content on social media platforms is enabling consumers to access all the required information about the products on offer. The rise of modern trade is boosting the sales of starch syrup, especially in developing countries such as India, China, and Australia.
Report Scope of Global Starch Syrup Market:
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of the Starch Syrup market?
The Starch Syrup Market is growing at a CAGR of 5.5% During the Forecast Period.
What are the key types and applications of the Starch Syrup market?
- Liquid Glucose, Glucose, Fructose Syrup, Maltose Syrup
- Confectionary Products, Beer Brewing, Bread-Making Industry, Sauce Making, Soft Drinks
Who are the key players in the Starch Syrup market?
Tate & Lyle, KASYAP, Aston, Cargill Inc., Tongaat Hulett Starch, Tereos, MANILDRA Group, Gulshan Polyols Ltd., Egyptian Starch and Glucose, Corn Products International, COFCO Rongshi Bio-technology, Global Sweeteners Holdings Limited, Luzhou Bio-chem Technology, Xiwang Sugar Holdings Company, Ingredion, Grain Processing Corporation, 9.18 Karo Syrups, And others.
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.