Coating Starches Market Trends and Forecast
The future of the global coating starches market looks promising with opportunities in the papermaking and construction markets. The global coating starches market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing demand in food packaging, growth in pharmaceuticals and cosmetics sectors, and rising adoption in paper and textiles industries.
• Lucintel forecasts that oxidized starch is expected to witness the highest growth over the forecast period.
• Within this market, papermaking is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Coating Starches Market
• United States: Companies like Cargill and Ingredion are expanding their production capacities for coating starches to meet growing demand in food and pharmaceutical sectors. Government initiatives support sustainable sourcing and production.
• Germany: Südstärke GmbH is focusing on developing eco-friendly coating starch formulations, aligning with government targets for reducing environmental impact in food processing.
• China: Native and modified starch producers such as Zhucheng Xingmao are investing in R&D to enhance product efficiency, in line with government efforts to improve food safety standards.
• India: National Starch and Chemical (India) Ltd. is ramping up production to cater to increasing demand from the textile and paper industries, supported by government policies promoting domestic manufacturing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Coating Starches Market by Segment
The study includes a forecast for the global coating starches market by type, application, and region.
Coating Starches Market by Type [Value from 2018 to 2030]:
• Oxidized Starch
• Cross-Linked Starch
• Hydroxyalkyl Starch
• Porous Starch
Coating Starches Market by Application [Value from 2018 to 2030]:
• Papermaking
• Construction
• Others
Coating Starches Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Coating Starches Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies coating starches companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coating starches companies profiled in this report include-
• Akzo Nobel
• Visco Starch
• Roquette
• Grain Processing Corporation
• Rose Brand
• ADM
• Shubham Starch Chem
Recent Development in the Coating Starches Market
• Cargill: Expansion into Biodegradable Coatings Cargill has announced its initiative to develop biodegradable coating starches sourced from non-GMO crops. This move aims to cater to the increasing demand for sustainable packaging solutions in the food and beverage industry.
• Ingredion: Launch of Clean Label Starches Ingredion has introduced a new line of clean label coating starches derived from tapioca and maize. These starches are marketed as natural alternatives to synthetic coatings, meeting consumer demand for transparency and natural ingredients.
• Tate & Lyle: Focus on Functional Properties Tate & Lyle has enhanced its coating starch portfolio with products emphasizing improved texture and stability in food applications. This initiative targets bakery and confectionery sectors seeking enhanced functional benefits in their products.
• AGRANA: Sustainability Certification AGRANA has achieved sustainability certifications for its coating starches production facilities in Europe. This initiative underscores their commitment to environmental stewardship and aligning with global sustainability standards.
• Roquette: Research Collaboration for Innovative Applications Roquette has entered into a research collaboration with academic institutions to explore innovative applications of coating starches in pharmaceutical formulations. This partnership aims to leverage starchesÄX%$%X unique properties for drug delivery systems.
Features of the Global Coating Starches Market
Market Size Estimates: Coating starches market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Coating starches market size by type, application, and region in terms of value ($B).
Regional Analysis: Coating starches market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the coating starches market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coating starches market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for coating starches market?
Answer: The global coating starches market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the coating starches market?
Answer: The major drivers for this market are increasing demand in food packaging, growth in pharmaceuticals and cosmetics sectors, and rising adoption in paper and textiles industries.
Q3. What are the major segments for coating starches market?
Answer: The future of the coating starches market looks promising with opportunities in the papermaking and construction markets.
Q4. Who are the key coating starches market companies?
Answer: Some of the key coating starches companies are as follows:
• Akzo Nobel
• Visco Starch
• Roquette
• Grain Processing Corporation
• Rose Brand
• ADM
• Shubham Starch Chem
Q5. Which coating starches market segment will be the largest in future?
Answer: Lucintel forecasts that oxidized starch is expected to witness the highest growth over the forecast period.
Q6. In coating starches market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the coating starches market by type (oxidized starch, cross-linked starch, hydroxyalkyl starch, and porous starch), application (papermaking, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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