Starch Coating Market Trends and Forecast
The future of the global starch coating market looks promising with opportunities in the fruit & vegetable, bakery & confectionery, dairy product, and meat, poultry & sea food markets. The global starch coating market is expected to grow with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for natural and eco-friendly coatings in food packaging and pharmaceutical industries, increasing use of starch coatings as a sustainable alternative to synthetic materials in various applications, and rising consumer awareness and regulatory support for biodegradable and compostable packaging solutions.
• Lucintel forecasts that corn is expected to witness the highest growth over the forecast period.
• Within this market, fruit & vegetable is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Starch Coating Market
• United States – ADM launched a biodegradable starch coating for food packaging, targeting a 20% reduction in plastic use by 2025, supported by federal grants promoting sustainable packaging.
• Germany – Beneo introduced a clean label starch coating for confectionery, aiming for 30% market share in Europe by 2023, aligned with EU regulations on food additives.
• China – Cargill collaborated with local manufacturers to develop starch coatings for pharmaceutical applications, supported by government incentives for eco-friendly packaging materials.
• Brazil – Ingredion expanded its starch coating production capacity for cosmetics, targeting a 25% increase in market penetration in Latin America, supported by government initiatives to promote local industry growth.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Starch Coating Market by Segment
The study includes a forecast for the global starch coating market by type, application, and region.
Starch Coating Market by Type [Value from 2018 to 2030]:
• Corn
• Potato
• Sweet Potato
• Cassava
• Others
Starch Coating Market by Application [Value from 2018 to 2030]:
• Fruits & Vegetables
• Bakery & Confectionery
• Dairy Products
• Meat, Poultry & Sea Food
• Others
Starch Coating Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Starch Coating 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 starch coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the starch coating companies profiled in this report include-
• Cargill
• Flo Chemical Corporation
• Ingredion
• Archer Daniels Midland Company
• Beneo
• Kerry
• Avebe
Recent Development in the Starch Coating Market
• Tate & Lyle: Developed a novel starch coating technology for paper and cardboard packaging, enhancing barrier properties and reducing environmental impact.
• Roquette: Launched a biobased starch coating solution for flexible packaging, aiming to replace traditional petroleum-based materials and meet increasing consumer demand for sustainable packaging options.
• Emsland Group: Introduced a modified starch coating for the textile industry, providing water repellency and stain resistance to fabrics, aligning with eco-friendly textile manufacturing trends.
• Agrana: Rolled out a starch-based coating for agricultural applications, improving seed adhesion and nutrient release efficiency, contributing to sustainable farming practices and crop yield enhancement.
Features of the Global Starch Coating Market
Market Size Estimates: Starch coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Starch coating market size by type, application, and region in terms of value ($B).
Regional Analysis: Starch coating 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 starch coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the starch coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for starch coating market?
Answer: The global starch coating market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the starch coating market?
Answer: The major drivers for this market are growing demand for natural and eco-friendly coatings in food packaging and pharmaceutical industries, increasing use of starch coatings as a sustainable alternative to synthetic materials in various applications, and rising consumer awareness and regulatory support for biodegradable and compostable packaging solutions.
Q3. What are the major segments for starch coating market?
Answer: The future of the starch coating market looks promising with opportunities in the fruit & vegetable, bakery & confectionery, dairy product, and meat, poultry & sea food markets.
Q4. Who are the key starch coating market companies?
Answer: Some of the key starch coating companies are as follows:
• Cargill
• Flo Chemical Corporation
• Ingredion
• Archer Daniels Midland Company
• Beneo
• Kerry
• Avebe
Q5. Which starch coating market segment will be the largest in future?
Answer: Lucintel forecasts that corn is expected to witness the highest growth over the forecast period.
Q6. In starch coating 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 starch coating market by type (corn, potato, sweet potato, cassava, and others), application (fruits & vegetables, bakery & confectionery, dairy products, meat, poultry & sea food, 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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