The food and beverage vertical is showing its inclination towards clean label starch due to various advantages associated with it – like solubility. People have started developing an urge towards healthy eating. This, in turn, asks for ingredient clean label starch that offers functionality adding texture and taste to all the foods and beverages. Plus, as people go for baked items these days, clean label starch is used for adding stability, viscosity, and texture to puddings and baked goods. The other application of clean label starch is that it is used in preparing sauces, as the temperature of sauces remains in check and they turn out to be durable.
Categorization of Clean Label Starch Market
The global clean label starch market, by form, spans liquid and powdered. By source, it’s wheat, corn, potato, tapioca, and rice & pea. Application-wise, it’s animal feed industry, food industry, pharmaceuticals, and likewise. Persistence Market Research has entailed these profound facts in its latest market study entitled “Clean Label Starch Market”.
Europe holds the largest market share due to the UK being subject to an extensive demand for clean label starch, followed by Germany. North America stands second on this count. The Asia-Pacific is expected to grow at the highest rate in the clean label starch market due to growing awareness regarding clean label starch. LATAM is expected to pick up pace in the years to come due to Brazil emerging as the major revenue generator. Persistence Market Research has mentioned these findings with insights in its latest market study entitled “Clean Label Starch Market”.
Moving with the Competitive Label
Persistence Market Research has profiled the key players in clean label starch market as Ingredion Inc., AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Tate & Lyle, Roquette Freres SA, Cargill, Inc., BENEO GmbH, Emsland Group, SMS Corporation, MGP Ingredients, Inc., Lyckeby Starch AB, Banpong Tapioca Flour Industrial Co., Ltd., Blattmann Schweiz AG, and likewise. It has further mentioned that Ingredion, Inc., in August 2020, did come up with two new-fangled clean label starch products known as “Novation 3820” and “Novation 3620”. A month before, it came up with its new line up of organic native starches – organic native rice starch PURITY 805, tapioca starch PURITY Bio 301, and organic corn starch PURITY Bio 201. Also, Tate & Lyle, in March 2020, did add Claria Everlast (a non-GMO tapioca starch) to its product line up consisting of clean label starches. The latest of all is that of Tate & Lyle expanding its tapioca-based starch product portfolio by launching BRIOGEL (a gelling starch) and REZISTA MAX (thickening starch). There is also pea starch Lycagel launched by Roquette Freres for the vegetarian softgel capsules.
Coming to inorganic mode of expansion, Persistence Market Research has not missed to mention about AGRANA Beteiligungs-AG acquiring Marroquin Organic International in January 2020. A year before, Archer Daniels Midland Company did establish a partnership with Thailand-based General Starch Ltd. In the year 2018, the same organization entered into a joint venture with Vedan International for introducing specialty tapioca starch for extending offerings all across the Asia-Pacific.
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The global clean label starch market is bound to grow on a healthy note (catering to the health-conscious end-users) between 2021 and 2031 – Persistence Market Research