Europe Starch Derivatives Market Size By Type (Glucose Syrup, Maltotodextrin, Modified Starch), By Source (Corn, Wheat, Cassava, Potato), By Application (Food and Beverage, Pharmaceutical, Paper Industry), And Forecast
Report ID: 472777|No. of Pages: 202
Europe Starch Derivatives Market Size By Type (Glucose Syrup, Maltotodextrin, Modified Starch), By Source (Corn, Wheat, Cassava, Potato), By Application (Food and Beverage, Pharmaceutical, Paper Industry), And Forecast
Europe Starch Derivatives Market Size And Forecast
Europe Starch Derivatives Market size was valued at USD 4.5 Billion in 2023 and is expected to reach USD 7.8 Billion by 2031, growing at a CAGR of 7.1% from 2024 to 2031.
- Starch derivatives are chemically altered starches obtained from natural starch sources such as corn, wheat, and potato. These compounds improve starch’s functional qualities such as thickening, binding, stabilizing, and gelling. Glucose syrup, maltodextrin, cyclodextrin, and modified starch are all common forms that are widely employed in various industries. They are used as emulsifiers, sweeteners, and thickeners in the food industry, and as binders, excipients, and stabilizers in pharmaceuticals and personal care.
- The starch derivatives market in Europe is looking prospective, owing to factors such as sustainability, health consciousness, and industrial application innovation. Starch derivatives are emerging as an important alternative to synthetic chemicals in packaging, biofuels, and textiles as industries shift toward eco-friendly, biodegradable materials. The market is predicted to expand rapidly in response to rising demand for clean-label components and natural additives. As industries invest in research and development for more efficient and flexible starch derivatives, applications in bioplastics and green coatings are anticipated to expand.
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Europe Starch Derivatives Market Dynamics
The key market dynamics that are shaping the Europe starch derivatives market include:
Key Market Drivers
- Rising Agricultural Biotechnology: Rising agricultural biotechnology will drive Europe’s starch derivatives market by promoting efficient, sustainable crop production. The European Bioeconomy Strategy’s €3.7 billion investment in bio-based sectors promotes innovation in starch derivative applications.
- Growing Food and Beverage Industry: The rising food and beverage industry will drive the European starch derivatives market, worth €1.1 trillion in 2022. As the sector grows, so does the demand for starch derivatives as additives and stabilizers for thickening, binding, and texturizing. This increased demand directly contributes to the market’s growth.
- Pharmaceutical and Nutraceutical Applications: Pharmaceutical and nutraceutical applications will fuel the European starch derivatives market, as starch derivatives are required in medicine formulations. The pharmaceutical excipients industry is expected to grow to €6.8 billion by 2027, with starch derivatives playing a significant role. As demand for innovative formulations increases, so will the use of starch derivatives.
Key Challenges
- Fluctuation in Raw Material Prices: Raw material price fluctuations impede the growth of Europe’s starch derivatives market, which is reliant on agricultural commodities such as corn, wheat, and potatoes. Weather changes, agricultural yield variances, and geopolitical challenges all contribute to price volatility, which raises production costs and reduces profit margin. In some locations, reliance on imported goods exacerbates cost difficulties and supply chain disruptions.
- Stringent Regulatory Framework: Stringent regulatory frameworks hinder the growth of Europe’s starch derivatives market by requiring costly and time-consuming compliance. SMEs typically struggle to comply with these laws, restricting their competitiveness. Noncompliance concerns, like as recalls and penalties, further stifle market expansion and innovation.
- Environmental Concerns: Environmental concerns are affecting the European starch derivatives market due to high water usage, energy consumption, and waste generation during manufacture. The demand to embrace sustainable practices raises expenses, jeopardizing profitability and growth.
Key Trends
- Technological Developments in Starch Modification: Technological developments in starch modification, such as enzymatic, acid, and physical treatments, are propelling the European starch derivatives market. These advances improve stability, resistance, and viscosity, expanding uses in food, pharmaceuticals, and cosmetics. As a result, starch derivatives are increasingly used in a variety of industries.
- Rising Demand for Clean Label Products: The European starch derivatives market is being driven by increased demand for clean label products, as consumers seek simpler, natural ingredients. Manufacturers are turning to tapioca, corn, and potato starches to meet the demand for transparency. This has also fuelled R&D in cleaner formulations, resulting in increased market demand.
- Growth of Plant-Based and Gluten Free Foods: Plant-based and gluten-free foods are propelling the European starch derivatives market as consumers seek healthier, allergen-free options. Potato, corn, and rice starch derivatives are vital for increasing gluten-free food texture and functionality. They are also increasingly being employed in plant-based equivalents such as vegan milks and meats, which increases demand.
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Europe Starch Derivatives Market Regional Analysis
Here is a more detailed regional analysis of the Europe starch derivatives market:
- The European starch derivatives market is primarily driven by the robust food and beverage industry, which generated €884 billion in revenue in 2022, accounting for 20% of worldwide food manufacturing, according to Eurostat. This business relies largely on starch derivatives for food processing, clean-label components, and novel starch-based products. Europe’s strong agricultural infrastructure helps the sector, with the EU generating 65.4 million tons of corn and 138.8 million tons of wheat in 2022, assuring a consistent supply of raw materials for starch derivative manufacturing.
- Sustainability and modern manufacturing methods are important growth drivers. The European Bioeconomy Strategy aims to generate €2 trillion by 2030, emphasizing the significance of starch derivatives in bio-based production. At the same time, advances in the pharmaceutical and biotechnology industries are increasing demand for starch derivatives as excipients and drug delivery methods. Consumer demand for natural and clean-label ingredients rises, substantiated by studies like Nielsen’s report on European preferences for sustainable products. The market for starch derivatives continues to expand across industrial sectors, including paper, textiles, and chemicals.
Europe Starch Derivatives Market: Segmentation Analysis
The Europe Starch Derivatives Market is segmented on the basis of Type, Source, and Application.
Europe Starch Derivatives Market, By Type
- Glucose Syrup
- Maltotodextrin
- Modified Starch
- Cyclodextrin
Based on Type, The market is segmented into Glucose Syrup, Maltotodextrin, Modified Starch, and Cyclodextrine. Modified starches dominate the Europe starch derivatives market due to their widespread use in the food and beverage, pharmaceutical, and industrial sectors, where they provide desirable features such as better texture, stability, and shelf life. They are widely used in sauces, soups, and baked goods. Maltodextrins are the fastest-growing segment in the market, owing to rising demand in the food and beverage industry, particularly for energy drinks, nutritional supplements, and low-calorie foods. Their versatility as a low-cost carbohydrate and ease of usage in the formulation are driving this growth.
Europe Starch Derivatives Market, By Souce
- Corn
- Wheat
- Cassava
- Potato
Based on Source, The market is segmented into Corn, Wheat, Cassava, and Potato. Corn is the dominant source in the Europe starch derivatives market, accounting for the majority of starch production due to its abundance, cost-effectiveness, and high starch yield, making it a popular raw material for a wide range of applications, including food, beverage, and industrial. Corn starch derivatives are commonly used in the food sector for thickening, binding, and stabilization. Wheat is the fastest-growing source in the market, owing to rising demand for specialized starches derived from wheat, particularly in clean-label and gluten-free formulations. Wheat-derived starches are becoming more popular in bakery products, snacks, and gluten-free alternatives as consumers’ preferences for healthy and natural ingredients grow.
Europe Starch Derivatives Market, By Application
- Food and Beverage
- Pharmaceutical
- Paper Industry
Based on Application, The market is segmented into Food and Beverage, Pharmaceutical, and Paper Industry. Food and Beverage are the leading applications in the Europe starch derivatives market, as starch derivatives such as modified starches and maltodextrins are widely utilized for their thickening, stabilizing, and texturizing capabilities in sauces, soups, dairy products, and beverages. This industry continues to be the major user of starch derivatives due to the continuous demand for convenience and processed foods. Pharmaceuticals are the most rapidly growing application in the market, driven by rising demand for excipients and binders in drug formulations. Starch derivatives are becoming increasingly popular in the pharmaceutical sector for usage in tablets, capsules, and controlled-release formulations due to their biocompatibility, low cost, and versatility.
Key Players
The Europe Starch Derivatives Market is highly fragmented with the presence of a large number of players in the market. Some of the major companies include Cargill, Tereos SCA, Ingredion Incorporated, Archer Daniels Midland Company (ADM), Coöperatie AVEBE U.A., Tate & Lyle, Roquette Frères, Emsland-Stärke GmbH, Royal Avebe, Foodchem International Corporation, SPAC Starch Products Ltd., and Angel Starch and Foods Pvt. Ltd.
This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Europe Starch Derivatives Market Recent Developments
- In March 2021, Ingredion Germany GmbH introduced this modified potato starch, which can cut cooking time and energy consumption. It is also appropriate for low-fat and keto-friendly products.
- In November 2020, Ingridon EMEA developed an organic instant functional native starch, which can be used in certified organic products and delivers the quality of conventional ingredients.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2024-2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Period | 2020-2022 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cargill, Tereos SCA, Ingredion Incorporated, Archer Daniels Midland Company (ADM), Coöperatie AVEBE U.A., Tate & Lyle, Roquette Frères, Emsland-Stärke GmbH, Royal Avebe. |
| Segments Covered |
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| Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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Frequently Asked Questions
1 INTRODUCTION OF EUROPE STARCH DERIVATIVES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 EUROPE STARCH DERIVATIVES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 EUROPE STARCH DERIVATIVES MARKET, BY TYPE
5.1 Overview
5.2 Glucose Syrup
5.3 Maltotodextrin
5.4 Modified Starch
5.5 Cyclodextrin
6 EUROPE STARCH DERIVATIVES MARKET, BY SOURCE
6.1 Overview
6.2 Corn
6.3 Wheat
6.4 Cassava
6.5 Potato
7 EUROPE STARCH DERIVATIVES MARKET, BY APPLICATION
7.1 Food and Beverage
7.2 Pharmaceutical
7.3 Paper Industry
8 EUROPE STARCH DERIVATIVES MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Cargill
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Tereos SCA
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Ingredion Incorporated
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Archer Daniels Midland Company (ADM)
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Coöperatie AVEBE U.A.
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Tate & Lyle
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Roquette FrèreS
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Emsland-Stärke GmbH
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Royal Avebe
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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Industry Analysis Matrix
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