NORTH AMERICA WHEAT STARCH MARKET
North America Wheat Starch Market Forecast to 2027 – Covid-19 Impact and Regional Analysis - By Type (Native Wheat Starch and Modified Wheat Starch); Grade (Food Grade and Industrial Grade); End Use Industry (Food and Beverages, Cosmetics and Others) and Country
Pages: 105
Market Introduction
Wheat starch is a type of carbohydrate that are found in many plants and has become a common part of the human diet. It is a powdery substance that is obtained from the wheat kernels. Wheat starch is popularly used in cuisines for the purpose of making breads, pot stickers and dumplings. Most often the wheat starch is sold to industrial rather than the food outlets. The highest proportion of wheat starch is employed in the paper industry in the form of a wet end adhesives. It has the same paste texture, clarity and strength as that of corn starch.
Market Overview and Dynamics
The North America wheat starch market is expected to reach US$ 161.89 million in 2027 from US$ 187.72 million in 2019. The market is anticipated to grow at a CAGR of 2.1 % from 2020 to 2027. Factors driving the market growth include ease of incorporation in wide range of food grade and growing usage in non-food grades. However, availability of substitutes is likely to have a negative impact on the market growth.
Effect of covid-19 on North America wheat starch market
The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the food and beverages industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. US has the highest number of confirmed cases of the COVID-19 morbidity among all North American countries. This is likely to impact the food and beverages industry in the region due to the disruption of supply and distribution chain in North America. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.
Key Market Segments
The native wheat starch segment accounted for a larger share of the North America wheat starch market, by type, in 2019. The food grade segment accounted for a larger share of the North America wheat starch market, by grade, in 2019. The food and beverages segment accounted for a larger share of the North America wheat starch market, by end use industry, in 2019.
Major Sources and Companies Listed
A few of the major primary and secondary sources referred to while preparing this report on the North America wheat starch market include Cargill Incorporated, Roquette Freres, The Archer-Daniels-Midland Company, Agrana Group, Tereos SA, MGP Ingredients Inc. and Manildra Group.
Reasons to buy the report
North America Wheat Starch Market Segmentation
By Type
By Grade
By End Use Industry
Company Profiles
By Country
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 187.72 Million |
| Market Size by 2027 | US$ 161.89 Million |
| CAGR (2020 - 2027) | 2.1 % |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Wheat Starch Market is valued at US$ 187.72 Million in 2019, it is projected to reach US$ 161.89 Million by 2027.
As per our report North America Wheat Starch Market, the market size is valued at US$ 187.72 Million in 2019, projecting it to reach US$ 161.89 Million by 2027. This translates to a CAGR of approximately 2.1 % during the forecast period.
The North America Wheat Starch Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Wheat Starch Market report:
The North America Wheat Starch Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Wheat Starch Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Wheat Starch Market value chain can benefit from the information contained in a comprehensive market report.
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