Shifting consumer tastes are driving change in the Starch Product Manufacturing industry; they've cut demand for traditionally high-selling products, like glucose, but the industry has benefitted from rising prices and developing new uses of starches. As a result, revenue is expected to grow at a compound annual rate of 1.4% over the five years through 2023-24 to just under £1.8 billion. As the UK population becomes more and more health conscious, people's food choices are changing. Media coverage on the adverse effects of consuming processed food, gluten and sweeteners has put customers off buying products high in glucose, gluten and starch sweeteners. Sales of starch to thicken processed foods have also taken a hit. Companies in the Starch Product Manufacturing industry produce starches and starch products from rice, potatoes and maize. This includes wet corn milling and the manufacture of glucose, gluten and tapioca. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Sticking point: Health concerns continue to put pressure on sales to food and drink manufacturers
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cargill plc
- Ingredion UK Ltd
Methodology
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