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The industrial starch market size is forecast to increase by USD 23.97 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to the increasing use of starch as a thickener and binder in various industries, particularly in processed and convenience foods. The global sustainability goals and consumer preference for compostable products have driven the demand for starch derived from renewable sources, such as corn. As a natural and recognizable ingredient, industrial starch offers desirable texture, consistency, and mouthfeel, making it a popular choice for clean-label products. However, the market is challenged by fluctuating raw material prices, primarily corn, which can impact the cost structure of starch production. Cultivated crops and advanced gelatinization techniques are being explored to mitigate these challenges and ensure the long-term sustainability of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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