The Thin Boiling Starch Global Market Report 2023, provides comprehensive information on the thin boiling starch market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Thin Boiling Starch Global Market Report 2023, the global thin boiling starch market is expected to grow from $13.16 billion in 2022 to $13.74 billion in 2023 at a compound annual growth rate (CAGR) of 4.48%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The thin boiling starch market is expected to reach $15.81 billion in 2027 at a CAGR of 3.6%.
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Product innovations are a key trend gaining popularity in the thin boiling starch market. Major companies operating in the thin boiling starch market are focused on developing innovative products to sustain their position in the market. For instance, in March 2021, Ingredion Inc., a US-based food company, launched its ULTRA-TEX 1311 modified potato starch. It is an innovative ingredient designed to help manufacturers create indulgent textures faster and better. It is a waxy instant starch that is made from potatoes. Additionally, it has benefits, including creating indulgent textures, improving the clarity of food products, reducing cooking and processing times, and being freeze-thaw stable, used in products intended to be frozen and thawed. Moreover, Ultra-Tex 1311 is used in dairy, bakery, and confectionery to make those chewy, gooey textures, so this ingredient has the potential to revolutionize the way indulgent textures are created.
The thin boiling starch market is segmented:
1) By Product: Potato Starch, Maize Starch, Wheat Starch, Other Products
2) By Form: Dry, Liquid
3) By Application: Food And Beverages, Textile, Paper And Packaging, Pharmaceuticals, Personal Care, Other Applications
North America was the largest region in the thin boiling starch market in 2022.
The table of contents in TBRC’s thin boiling starch market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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