Wheat Starch Derivatives Market

Market Study on Wheat Starch Derivatives: Market Players Benefiting from Rising Consumer Inclination toward Functional & Fortified Products

Wheat Starch Derivatives Market Segmented By Maltodextrin, Glucose Syrups, Fructose, Isoglucose, Dextrose Type in Food & Beverages, Pharmaceuticals & Nutraceuticals and Animal Feed & Pet Food Application

Wheat Starch Derivatives Market Outlook (2022-2032)

During the forecast period of 2022 to 2032, the global wheat starch derivatives market is anticipated to expand at a CAGR of 4.5%. As such, worldwide sales of wheat starch derivatives are set to increase from US$ 3.36 Bn in 2022 to US$ 5.2 Bn by the end of 2032.

Wheat Starch Derivatives Market Size (2022E)

US$ 3.36 Bn

Projected Sales of Wheat Starch Derivatives (2032F)

US$ 5.2 Bn

Value CAGR (2022-2032)

4.5%

Value Share of Top 5 Countries (2022E)

30% - 35%

Find Out More about the Report Coverage

Companies

  • Roquette Frères
  • HL Agro Products Pvt. Ltd
  • Chichest Glucose
  • Etea S.r.l
  • Agrana
  • Inter Starch
  • Ettlinger Corporation
  • Pearson Sales Company
  • Amylon
  • Viresol
  • Others (on request)

Wheat Starch Derivative Consumption Analysis (2017-2021) Vs. Market Estimations (2022-2032)

During the historical period (2017-2021), demand for wheat starch derivatives registered a compounded annual value-based growth rate (CAGR) of 3.3%.

Demand growth for wheat starch derivatives is being witnessed as they offer healthy and premium quality meat. With growing awareness about the hazards of antibiotics throughout the food chain, consumer demand for chemical-free products is experiencing an upsurge.

Wheat starch derivatives are widely used in the food processing ingredients industry as an ingredient for various functional properties. Rising customer preference for high-quality, natural products has shaped the global wheat starch derivatives industry.

Manufacturers of wheat starch derivatives are expected to expand their production capacities by incorporating the latest technologies. Consumers are more likely to acquire value-added products, preferably those made from natural or plant-based ingredients, which are increasingly becoming part of a healthy diet.

The wheat starch derivatives market is growing in European countries with the presence of a large number of manufacturers offering their products to various end-use industries.

Overall, the market for wheat starch derivatives is expected to register a CAGR of 4.5% over the forecast period (2022-2032).

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Why is the World Witnessing a Rise in Wheat Starch Derivative Consumption?

Wheat Starch Products - Natural Substance of Digestible Protein

Starch is a commonly used and examined component of animal feed; it is utilized in manufacturing animal feed for swine, beef and dairy cattle, chicken, and other species. Starch serves as a primary source of energy and enhances production.

In the animal feed industry, wheat starch products are offered as a natural substance of digestible protein. These aid in the digestion of animal feed and also contribute to the protection of the animal's liver functions.

With their high nutritional value, starch products are an excellent milk alternative for calves. Starch products' high protein content makes them a viable meat substitute for pet food and are utilized as fiber filler in animal feed.

As a result of the rising demand for healthy and natural animal feed additives, the consumption of wheat starch derivatives is projected to expand steadily over the coming years.

“Demand for Functional & Fortified Products Surging”

Rising customer preference for healthy lifestyles, which is associated with different health benefits, is a primary element influencing the growth in demand for wheat starch derivatives. To meet customer demands, food manufacturers include functional additives into their products.

Wheat gluten has various functional properties and contains several essential nutrients and fibers that the human body requires.

Moreover, consumers are looking for foods that offer a variety of benefits in small serving sizes. As a result, wheat starch derivatives are utilized as functional ingredients in pasta, breakfast cereals, bread, bakery products, and a wide range of other food products.

Japan currently has a substantial proportion of its population that is above the age of 65. Healthy, fortified foods are becoming increasingly popular across the country. With such a wide range of goods available, this trend is expected to spread to the wheat starch derivative market over the forecast period. In keeping with this trend, major wheat starch derivative producers are adding additives to boost the nutritional value of fortified food products.

“Increasing Utilization of Food Additives”

With a high number of participants, the global food additives industry is fragmented. Leading companies such as Roquette Frères, AGRANA, and others are working to develop label-friendly food additives. The wheat starch derivatives market is predicted to grow due to the increased usage of additives in food products to improve texture and taste.

Wheat starch derivative products extend the shelf life of foods, including processed meats, soups and sauces, dairy desserts, and a variety of other items. As a result, the rise of the food additives sector has a direct impact on wheat starch derivative sales.

Food manufacturers are always on the lookout for food additives that can help them improve texture, binding, emulsification, and other properties, which invariably benefit wheat starch derivative suppliers.

“Rising Demand for Clean-label Products among Health-Conscious Population”

Clean label products are deemed healthier than non-clean label food as they are produced with actual foods rather than cheap chemical imitations. Authenticity, organic, traceability, and sustainable farming are all hallmarks of clean-label products.

Companies are increasingly offering clean-label products in response to consumer demand for items free of artificial and potentially hazardous substances. Clean label products are the food industry's response to increased consumer demand for healthy and natural foods. Wheat starch derivative demand is expected to rise owing to increasing demand for clean label products.

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What Can Dent the Demand Growth for Wheat Starch Derivatives?

“Substitutes Affecting Market Penetration of Wheat Starch Derivatives”

Many substitutes or alternatives to wheat starch derivatives are available in the market, including corn starch derivatives for thickening and frying applications, bakery applications, rice flour, and tapioca starch used for baking and thickening, and arrowroot powder for gluten-free baking and thickening sauces.

All of these substitutes are impeding wheat starch derivatives market growth in some or the other way.

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Country-wise Insights

Which European Countries are Prominent Markets for Wheat Starch Derivatives?

The markets in Italy, Spain, and the U.K are expected to expand at CAGRs of 7.7%, 7.2%, and 6.6%, respectively, during the forecast period (2022-2032).

Demand for wheat starch derivatives is high in the European market due to the rising demand for processed foods and the presence of prominent players such as AGRANA, Roquette Frères, and others.

How is the Canada Wheat Starch Derivatives Market Progressing?

In the North American wheat starch derivatives market, Canada is expected to experience promising growth and register a significant CAGR of 5.8%.

This high CAGR is attributable to government intervention in Saskatchewan and Manitoba (Canadian Province). The market value share of Canada in the North American market is around 25.8%, which is currently valued at US$ 89.4 Mn in 2022.

Category-wise Insights

Will Demand for Glucose Syrups Continue Rising at a Fast Pace?

Based on type, wheat starch derivatives are segmented into maltodextrin, glucose syrups, fructose, isoglucose, and dextrose.

The market volume share of glucose syrups in wheat starch derivatives is around 29.2% in 2022, which is projected to be valued at 1,662,922 metric tons by the end of the forecast period in the global market.

Where is the Application of Wheat Starch Derivatives the Highest?

Based on applications, wheat starch derivatives are segmented as food and beverages (bakery & confectionery, convenience food, dairy products, meat, poultry & seafood, other processed food & beverages), pharmaceuticals & nutraceuticals, animal feed & pet food, and other industrial applications.

Bakery & confectionery holds a majority of the value share at around 26.4% in 2022 and the segment is expected to register a CAGR of 3.4% through.

Competitive Analysis

Prominent suppliers of wheat starch derivatives are involved in expanding their presence by collaborating with local players, farmers, and distributors for increasing their brand value and revenue by many folds. Moreover, teaming up with local players helps companies penetrate different cities.

  • In November 2021, AGRANA Beteiligungs-AG established its new wheat starch production plant in Lower Austria. Through this establishment, the company expanded its operations and doubled its wheat starch production.
  • Roquette Frères focuses on developing the best plant-based ingredients to offer nutritional and functional benefits.

Wheat Starch Derivative Industry Report Scope

Attribute

Details

Forecast period

2022-2032

Historical data available for

2017-2021

Market analysis

  • USD Million for Value
  • MT for Volume

Key regions covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Key countries covered

  • U.S.
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Italy
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • Oceania
  • GCC Countries
  • Northern Africa
  • South Africa

Key market segments covered

  • Type of Derivative
  • Application
  • Region

Key companies profiled

  • Roquette Frères
  • Chichest Glucose
  • Etea S.r.l
  • Agrana
  • Inter Starch
  • Meelunie B.V.
  • Ettlinger Corporation
  • Pearson Sales Company
  • Viresol
  • Agridient B.V.
  • Helios Kemostik, d.o.o.
  • JP & SB International
  • Maroquin Organic International
  • Others

Report coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & pricing

Available upon request

Wheat Starch Derivatives Industry Survey by Category

Wheat Starch Derivatives Market by Type:

  • Maltodextrin
  • Glucose Syrups
  • Fructose
  • Isoglucose
  • Dextrose

Wheat Starch Derivatives Market by Application:

  • Food & Beverages
    • Bakery & Confectionery
    • Convenience Food
    • Dairy Products
    • Meat, Poultry & Seafood
    • Other Processed Food & Beverages
  • Pharmaceuticals & Nutraceuticals
  • Animal Feed & Pet Food
  • Other Industrial Applications

Wheat Starch Derivatives Market by Region:

  • North America Wheat Starch Derivatives Market
  • Latin America Wheat Starch Derivatives Market
  • Europe Wheat Starch Derivatives Market
  • South Asia & Pacific Wheat Starch Derivatives Market
  • East Asia Wheat Starch Derivatives Market
  • Middle East and Africa Wheat Starch Derivatives Market

Media Release

- FAQs -

The global wheat starch derivatives market is currently valued at US$ 3.36 Bn.

Increasing demand for packaged food & beverages that contain healthy ingredients is driving demand for wheat starch derivatives.

From 2017 to 2021, consumption of wheat starch derivatives increased at 3.3% CAGR.

Sales of wheat starch derivatives are projected to increase at 4.5% CAGR and reach US$ 5.2 Bn by 2032.

Rising awareness about clean label products is directly impacting the demand for starch derivatives products in the F&B sector.

Roquette Frères, Meelunie B.V., and Agrana are prominent wheat starch derivative manufacturers.

The market for wheat starch derivatives in Europe is expected to top US$ 1.8 Bn by 2032.

Mexico, Brazil, South Africa, Italy, and Israel are major demand centers for wheat starch derivatives.

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