At 5.7% CAGR, the North America Resistant Starch Market is Projected to be Worth US$ 5,285.13 Million by 2031, Says Business Market Insights

According to Business Market Insights' research, the North America resistant starch market was valued at US$ 3,395.95 million in 2023 and is expected to reach US$ 5,285.13 million by 2031, registering a CAGR of 5.7% from 2023 to 2031. Rising demand for resistant starch and increasing consumer focus on preventive health are among the critical factors attributed to the North America resistant starch market expansion.

The global food industry is growing tremendously owing to rising population, changing lifestyles, increasing per capita income, and surging demand for convenience food. According to the data published by the United States Department of Agriculture (USDA), in 2022, households with the lowest income spent an average of US$ 5,090 on food (representing 31.2% of income), while households with the highest income spent an average of US$ 15,713 on food (representing 8.0% of income) in the US. Further, various food and beverage products are made from clean label ingredients such as resistant starch extracted from banana, potato, grains, and cassava starch. Resistant starch is also used in food and beverages as additives to lower glycemic value and calorific value quality in baked food products, confectioneries, dairy products, thick beverages, savory snacks, sweets, sauces, and mayonnaise.

The growing population worldwide is increasing the demand for food and beverages. According to the United Nations, the global population is projected to reach 8.5 billion by 2030. There has been a substantial increase in demand for ready-to-eat or convenience food and beverage products due to increasingly busy lifestyles and a surge in the working population. Further, the manufacturers are also developing products that meet the changing consumer requirements for different food and beverage products, especially clean-label, gluten-free, vegan, non-GMO, and plant-based products. ADM (Archer Daniels Midland Company) is a global leader in nutrition and ingredients, offering a variety of gluten-free, resistant starch products. They provide a range of starches, including resistant starches, that meet various dietary needs, particularly for gluten-free options and functional ingredients used in food formulations. Thus, the rising demand for resistant starch for various food and beverage products drives the market.

On the contrary, lack of uniformity in regulations hampers the growth of North America resistant starch market.

Based on form, the North America resistant starch market is bifurcated into dry and liquid. The dry segment held 67.9% share of the North America resistant starch market in 2023, amassing US$ 2,139.39 million. It is projected to garner US$ 3,248.92 million by 2031 to expand at 5.4% CAGR during 2023–2031.

Based on type, the North America resistant starch market is segmented into type1, type2, type3, and type4. The type2 segment held 36.6% share of the North America resistant starch market in 2023, amassing US$ 1,241.34 million. It is projected to garner US$ 2,014.70 million by 2031 to expand at 6.2% CAGR during 2023–2031.

Based on application, the North America resistant starch market is segmented into food and beverages, dietary supplements, and animal nutrition. The food and beverages segment held 68.8% share of the North America resistant starch market in 2023, amassing US$ 2,336.15 million. It is projected to garner US$ 3,683.06 million by 2031 to expand at 6.1% CAGR during 2023–2031. The food and beverages segment is further sub segmented into bakery and confectionery, dairy and frozen dessert, beverages, sweet and savory snacks, and others.

Based on country, the North America resistant starch market is segmented into the US, Canada, and Mexico. The US held 75.9% share of North America resistant starch market in 2023, amassing US$ 2,577.41 million. It is projected to garner US$ 4,061.73 million by 2031 to expand at 5.9% CAGR during 2023–2031.

Key players operating in the resistant starch market are Tate & Lyle Plc, Archer-Daniels-Midland Co, Cargill Inc, Ingredion Inc, Arcadia Biosciences Inc, Roquette Freres SA, MGP Ingredients Inc, American International Foods Inc, Crespel & Deiters GmbH & Co KG, Agrana Beteiligungs AG, Lehmann Food Ingredients Ltd, KMC Amba, Emsland-Stärke GmbH, Kono Chem Co Ltd, and BS Starch Chemical Co Ltd, among others.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com