The global starch syrup market is expected to grow at a CAGR of 4.00% in the forecast period of 2025-2034.
Further, the product also finds usage in pharmaceuticals and brewing industry. Region-wise, the Asia-Pacific is expected to witness a healthy growth over the forecast period. The market growth in this region can be attributed to the increasing demand for healthy confectionery products, technological advancements in the food industry, growing population, improving standards of living, and growing penetration of key players in the emerging economies like India.
The Thriving Food and Beverages Industry is Leading the Starch Syrup Market Growth
The growing consumption of beverages and functional foods across the globe is driving the demand for starch syrup in the food and beverage industry. Owing to its functional properties, the starch syrup can be easily incorporated in a variety of food products ranging from bars and cereals to dairy and bakery. The increasing population and growing consumer disposable incomes are significantly contributing to the industry growth.Further, the product also finds usage in pharmaceuticals and brewing industry. Region-wise, the Asia-Pacific is expected to witness a healthy growth over the forecast period. The market growth in this region can be attributed to the increasing demand for healthy confectionery products, technological advancements in the food industry, growing population, improving standards of living, and growing penetration of key players in the emerging economies like India.
Starch Syrup: Market Segmentation
Starch syrup refers to a viscous liquid that is obtained through the enzymatic hydrolysis of corn starch with subsequent purification. It is obtained as a purified and concentrated product after the processing of starch from corn. Owing to its mild sweet taste and high absorption capacity, starch syrup is widely used in the food industry as a thickener and sweetener and to provide additional functionality and contribute to the texture, colour, and flavours of several products.The various starch types available in the market include:
- Corn
- Wheat
- Tapioca
- Potato
- Others
Based on type, the industry can be segmented into:
- Low Conversion Glucose Syrup
- Glucose Maltose Syrup
- Maltose Syrup
- High Conversion Glucose Syrup
- Others
The major applications of starch syrup are:
- Bakery
- Beverage
- Bars and Cereals
- Confectionery and Snacks
- Dressings and Sauces
- Dairy
- Pharmaceuticals
- Brewing Industry
- Others
On the basis of distribution channel, the industry is categorised into:
- Supermarket/Hypermarket
- Convenience Store
- Online
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Increasing Demand for Natural and Vegan Products to Augment the Demand for Starch Syrup
The rising health awareness among the consumers is leading to an increased demand for natural ingredients over synthetic ones, thus, pushing the growth of the starch syrup industry forward. The starch syrup serves as a natural thickener and sweetener in pharmaceuticals, brewing, and food and beverage industry. The growth is higher in the developing regions owing to the increasing consumer disposable incomes and the growing demand for processed food. The expanding distribution channels and the rising popularity of online platforms are resulting in enhanced sales of end-use products like bars, snacks, jams, cereals, and others, thus boosting the industry growth. Over the forecast period, the rising demand for vegan products is expected to result in increased adoption of starch syrup to prepare various formulations. This is expected to have a positive effect on the expansion of the market.Key Industry Players in the Global Starch Syrup Market
The report gives a detailed analysis of the following key players in the global starch syrup market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Tate & Lyle PLC
- Cargill Inc.
- Tereos Internacional SA.
- Archer Daniels Midland Company
- Tongaat Hulett Starch
- Manildra Group
- Roquette Frères
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Starch Syrup Market Analysis
6 North America Starch Syrup Market Analysis
7 Europe Starch Syrup Market Analysis
8 Asia-Pacific Starch Syrup Market Analysis
9 Latin America Starch Syrup Market Analysis
10 Middle East and Africa Starch Syrup Market Analysis
11 Market Dynamics
13 Price Analysis
14 Manufacturing Process
15 Competitive Landscape
Companies Mentioned
The key companies featured in this Starch Syrup market report include:- Tate & Lyle PLC
- Cargill Inc.
- Tereos Internacional SA.
- Archer Daniels Midland Company
- Tongaat Hulett Starch
- Manildra Group
- Roquette Frères