Global Starch and Derivatives Market to Grow to $77.4 Billion by 2018
The consumption of starch crops has increased over the years due to their extensive usage in sweetener conversion for the soft drinks industry. The most important outlet of all starch-derived products is food; consumption has also increased with starch becoming an important component for bio-fuels, paper and glue production, textile weaving and finishing and the fermentation industry. Overall, the markets for starches and derivatives are expected to expand against a shortening availability of suitable raw materials at tolerable prices and increasing energy costs.
The largest single outlet for starches has always been for conversion into sweeteners. The global demand for cereal sweeteners is closely related to the development of the soft drink industry, which started several years ago in the U.S. Soft drinks became a symbol of modern society and are now consumed in virtually every country. While juices and carbonated beverages can also be sweetened by saccharose sugar or by low calorie sweeteners, fructose and glucose syrups are typically preferred not only for cost reasons but also for technical reasons, as such syrups do not re-crystallize and thus keep the beverages appealing.
BCC Research has published a report on the global market for starch and glucose for analyzing the current setting and dynamics of the global starch value chains and anticipating developments throughout 2018. As per BCC Research's report, Starches/Glucose: Global Markets, the sales of starches and derivatives were $51.2 billion in 2012 and are expected to reach $77.4 billion by 2018, registering a projected compound annual growth rate (CAGR) of 7.1% between 2012 and 2018.
Globally, the market for starch is being driven by an increase in population and disposable income. Income elasticity values for starch sweeteners and also for native and modified starches are consistently positive, indicating that increasing incomes promote the use of such products.
This report reviews in detail the mechanisms of the global starch value chain. It outlines the dynamics and driving forces of the raw material markets, and discusses the technology and costs involved in the production of primary starch. The report also analyzes the mechanisms of the markets for native starch, modified starches, starch sweeteners, maltodextrin and cyclodextrin, as well the sugar alcohols sorbitol and maltitol, and anticipates future developments throughout 2018.
Thisstudy is designed to assist decision makers in the starch industry and in related industries by providing background information to be considered in strategy formulation, capacity enlargement, and decisions on sites for new plants, on research priorities and particularly for any consideration on integrating a firm better into the full setting of the starch value chain in different regions of the world.
For more information about this report, call (781) 489-7301, send an e-mail to help@bccresearch.com, or click here to purchase the report.
The largest single outlet for starches has always been for conversion into sweeteners. The global demand for cereal sweeteners is closely related to the development of the soft drink industry, which started several years ago in the U.S. Soft drinks became a symbol of modern society and are now consumed in virtually every country. While juices and carbonated beverages can also be sweetened by saccharose sugar or by low calorie sweeteners, fructose and glucose syrups are typically preferred not only for cost reasons but also for technical reasons, as such syrups do not re-crystallize and thus keep the beverages appealing.
BCC Research has published a report on the global market for starch and glucose for analyzing the current setting and dynamics of the global starch value chains and anticipating developments throughout 2018. As per BCC Research's report, Starches/Glucose: Global Markets, the sales of starches and derivatives were $51.2 billion in 2012 and are expected to reach $77.4 billion by 2018, registering a projected compound annual growth rate (CAGR) of 7.1% between 2012 and 2018.
Globally, the market for starch is being driven by an increase in population and disposable income. Income elasticity values for starch sweeteners and also for native and modified starches are consistently positive, indicating that increasing incomes promote the use of such products.
This report reviews in detail the mechanisms of the global starch value chain. It outlines the dynamics and driving forces of the raw material markets, and discusses the technology and costs involved in the production of primary starch. The report also analyzes the mechanisms of the markets for native starch, modified starches, starch sweeteners, maltodextrin and cyclodextrin, as well the sugar alcohols sorbitol and maltitol, and anticipates future developments throughout 2018.
Thisstudy is designed to assist decision makers in the starch industry and in related industries by providing background information to be considered in strategy formulation, capacity enlargement, and decisions on sites for new plants, on research priorities and particularly for any consideration on integrating a firm better into the full setting of the starch value chain in different regions of the world.
For more information about this report, call (781) 489-7301, send an e-mail to help@bccresearch.com, or click here to purchase the report.
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