The Global Industrial Starch Market to Reach USD125bn by 2028

A recent study by Research and Markets estimates that the global industrial starch market will be worth USD85bn in 2022 and USD125bn by 2028, expanding at a CAGR of roughly 7% over the forecast period (2022-2028).

“The increasing use of industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient is expected to drive the demand for industrial starch during the forecast period,” a recent press release reveals.

The strong demand for industrial starch, which has resulted from its growing use as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient, is expected to drive the growth of the global industrial starch market that has been observed since 2017.

Even though there are about 200 players in the market, only a few worldwide players hold the majority of the market share. Regional players also hold a sizable portion of the market.