Starch industry: Recent trends and demand in 2019

Starch industry: Recent trends and demand in 2019
Starch is a homopolysaccharide that is formed by glucose and is stored as carbohydrates in plants.
Botanically, starch is synthesized from parts of vegetable cells before getting stored in seeds, tubes, and roots. Starch in its industrial form is derived from native starch after getting physically and chemically processed. The modified starch functionally outperforms native starch and have a relatively long shelf life as well as enhanced properties. Industrially treated starch is excessively used as an additive which is prepared after partially degrading the native starch.

Carrying Out Precision Farming And Its Benefits

Precision farming is emerging as a beneficial and popular technique in the starch industries with its characteristic low cost and improved farming practices. This type of farming has proven to be successful even with limited availability of land. It is a futuristic and upcoming farming technique that uses a combination of Information Technology, satellite communication, and the Internet of Things to maximize crop yield that is qualitatively and quantitatively better. Precision farming is boosting the growth of starch-providing crops such as potato in developing countries such as India, Vietnam, Srilanka, Bangladesh, and China. “Modified potato starch is extensively used for producing biodegradable packaging as it improves the strength and durability of packaging films. R&D focusing on the development of improved modified potato starch for biodegradable films for packaging will have a positive influence on the market,” says a senior analyst researching on specialty chemicals.

Global Starch Market Insight With Respect To Stakeholders and Key Players

Raw materials suppliers, final product manufacturers, supply chain operatives, marketing managers as well as product processors make up the key stakeholders in the starch industry.  The major producers of starch derivatives have strategized and invested time and capital to encourage innovation in products, expanding current operations and commencing new ones and investing in products of other companies, to name a few. Additionally, starch is also used in pharmaceutical applications as more and more pharmacists are employing starch derivatives in the manufacturing of broad-spectrum medicines. 
Starch and its derivatives are expanding their market influence due to technological advancements. The global market is seeing various innovative starch products and solutions that are helping cater to the growing demand for starch in food, medicine, and industrial applications. Functional properties of starch and its derivates have been instrumental in promoting their use in the bioethanol industries, pharmaceutical, and cosmetic. Few of the modified starch products include hydrolysates, glucose syrup, malt dextrin, and cyclodextrin. They differ in chemical, physical and enzymatic states. Each of them is derived differently from native starch. The most popular form of starch across the globe and industries is glucose. Glucose finds applications in the food and beverage industry as well as in hospitals and the medical sector. While glucose is an established form of starch in the market, the demand for malt dextrin is expected to record the fastest speed due to its expanding scope of application. Malt dextrin is used as a viscosifier, as a dispersing agent, a functional ingredient, a humectant as well as a flavor carrier. 
The food and beverage industry constitutes a large pool of end-users for starch and its derivates which primarily focuses on the demand for stabilizers, sugar replacers, and thickeners. The target population of starch is transforming to become more health conscious and aware because of which the demand for fat-free, low on sugar content starch products is increasing. 

Market Segmentation Of Starch And Its Influence Globally

Developing countries such as Brazil, Indonesia, Egypt, China, and India are paving the road map for the growing demand in the global starch market. The global increase in the rate of potato farming is boosted because of this. Many of the vendors are choosing to shift their manufacturing processes to these developing countries owing to inexpensive labor, ease of procuring raw materials and feedstock, and a relatively low cost of transportation. Starch production and industrial operations in developing countries are particularly favorable to the industrialists due to lenient government policies with respect to land procurement and factory setup. India and China are expected to augment their potato starch production by many folds in the coming years due to this.
The Asia Pacific constitutes the largest market for starch derivates followed by that of Europe. It also accounts for a significant share in the global import and export starch market. After starch, starch derivates account for an influential share with the end-user consumers and manufacturing plants. South America, is however observed to have an aggressive demand for starch, unlike North America which is registering a low demand and supply of starch and its derivates for the past few years. A global increase in population and demand for long-lasting nutrient-rich food is fostering demand for starch and starch derivates.
Next Post »