The global organic starch market size is expected to expand at a notable pace on account of the introduction of clean-label starches by food industry giants, observes Fortune Business Insights™ in its report, titled “Organic Starch Market, 2022-2029”.
The growing preference for organic food products worldwide is pushing food companies to develop naturally derived ingredients, such as organic starch, to cater to this evolving trend. As a result, many food industry entities are ramping up their investments in research and development and launching novel products for consumers. For example, in July 2020, Ingredion Incorporated brought to the markets in the US and Canada three organic native starches under its PURITY Bio brand. PURITY Bio 805 is a native waxy rice starch, PURITY Bio 301 is a starch extracted from tapioca, and PURITY Bio 201 is corn starch. Similarly, in February 2021, AKFP announced the launch of its Organic Native Tapioca Starch to expand its portfolio of clean-label ingredients. Extracted from the cassava plant, the tapioca starch is certified as gluten-free and can be consumed by vegans. These natural ingredient innovations are accelerating the expansion of this market and taking it to new heights.
The COVID-19 pandemic may prove beneficial for the organic starch market growth as the demand for naturally derived foods has escalated since the pandemic broke out in March 2020. The renewed interest in clean-label ingredients has boosted sales of organic foods worldwide. Moreover, the potential of organic ingredients in managing chronic illnesses such as diabetes, enhancing immunity, and fighting infections have also contributed to the increased adoption of these products.
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List of Key Players Profiled in the Organic Starch Market Report:
- Marroquin Organic International
- The Archer Daniels Midland Company
- Aryan International
- Cargill, Inc.
- The Agrana Group
- Tate & Lyle PLC
- Ulrick and Short Ltd.
- Ingredion, Inc.
By source, the market has been segmented into wheat, corn, potato, maize, tapioca, and others. Based on application, the global market has been divided into bakery products, confectioneries, dairy products, ready-to-eat/ready-to-cook products, infant foods, and other non-food segments. On the basis of geography, the market has been classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
What Does the Report Contain?
The report contains extensive and intensive research into the various drivers, trends, constraints, and opportunities shaping the market. Further, the report offers a tangible analysis of each market segment, along with intelligent insights into the regional developments influencing the market. In addition, the report also incorporates an in-depth evaluation of the growth strategies adopted by the key market players.
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Increasing Prevalence of Diabetes to Favor Market Growth
The prevalence of diabetes mellitus has increased at a startling rate in recent times and is expected to accelerate in the next few decades. The International Diabetes Federation (IDF) estimates that, at present, there are approximately 463 million adults living with diabetes. By 2045, the IDF predicts that this number will roughly double and reach 700 million. One of the principal factors driving the rising incidence of this chronic condition is the poor diet regimes, such as excessive calorie consumption, followed by people around the globe. Organic starch, or resistant starch, found in several fruits and vegetables can help in managing, or even preventing, the development of diabetes as this starch variety enhances metabolism and improves gut health. According to Johns Hopkins University, since resistant starch is not digested in the small intestine, it does not increase glucose levels in the body. Gut health gets enhanced as starch fermentation in the large intestine produces good bacteria and reduces the number of bad bacteria, thus improving metabolism and digestion. As a result, sugar levels remain under control and the effects of diabetes are curtailed.
Widespread Demand for Clean-Label Products to Boost the North America Market
North America is expected to lead the organic starch market during the forecast period on account of the rapidly rising demand for clean-label foods in the region. Recognizing this developing trend, food companies in the region are actively launching new products. In June 2018, for instance, Ingredion came out with two organic functional corn starches called Novation Prima 309 and 609.
In Europe, on the other hand, the increasing adoption of veganism and soaring demand for organically produced foods are propelling the regional market and driving the development of organic starch by leading companies.
Key Players to Focus on Expanding Distribution Capacities
The highly profitable opportunities presented by the rising uptake of organic starch and other such natural ingredients around the globe are encouraging key market players to expand their distribution networks. This expansion strategy is enabling companies to amplify their reach among consumers not just in regional markets but also internationally.
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- February 2020: Austria-based Agrana Group, a leader in natural starch products, announced the acquisition of 100% of shares in Marroquin Organic International, a distribution company based in Santa Cruz, California. The takeover will allow Agrana to strengthen its presence in non-GMO and organic food products space in the US.
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