Clean label starch Market: Growing Opportunity in the Bakery & Beverages Industry in Gaining Traction

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This report provides a projection and study of the global clean label starch market. It provides historical data of 2013, along with estimated data for 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report also comprises macroeconomic indicators, along with an outlook on clean label starches for the global market. It includes the drivers and restraints of the global clean label starch market, and their impact on each region during the forecast period. The report also comprises the study of ongoing industry trends and opportunities for the clean label starch market. It also includes supply chain analysis. For providing users with a widespread view of the clean label starch market, we have included detailed competitive analysis, along with key players in the market, and analysis on the strategies followed by them. The competitive dashboard provides a detailed comparison of clean label starch manufacturers on the basis of revenue, product offerings, and key strategies. The study encompasses market attractiveness analysis by nature, product type, application, and region.

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A detailed study of the clean label starch market has provided our analysts with the observation of a shift towards the consumption of clean label starch, over the forecast period. The market is primarily driven by a rise in the demand for healthy food products, and increasing vegan population across the globe. According to the International Food Information Council (IFIC), in 2016, 38% of the American population named ‘chemicals’ as their top food safety concern. This states that a majority of the North American population no longer trusts chemicals and unfamiliar-sounding ingredients. The sale of food and beverages with ‘all natural’ claims is increasing, and the sales of conventional processed foods or products containing artificial ingredients have stagnated or fallen. Owing to this, it is expected that, the growth trend is expected to be strong for food products that combine clean label, natural, and organic, and also promise environmental sustainability.

Consumers are increasingly shifting their preference towards natural and organic food products, with intense focus on the various health benefits clean label starch offer. Consumers are inclining towards organically produced goods, and this has been dramatically increasing over the last few decades, owing to health consciousness and increasing awareness. The sales of organic food are expected to continue to show double-digit growth during the forecast period. In fact, the demand for organic food is expanding significantly; consumer demand is exceeding some domestic supplies. According to the Organic Trade Association, in 2016, the U.S. organic food market was valued at US$ 43 Bn, an increase by 8% as compared to the previous year. According to USDA, the U.S. now spends more than US$ 1 Bn annually to import organic food. Moreover, the ratio of imported to exported products is around 8:1. In the U.S., organic products are now available in around 20,000 natural food stores, and in 3 out of 4 conventional grocery stores.

The report includes the company profiles of key manufacturers of clean label starch in North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. For market sizing of clean label starch, primarily, we determined the region-wise consumption of starch products through various regional government sources. The clean label starch market, being a fragmented market, we listed down the top 10 key players in the market, and accordingly determined the revenue share allotted for clean label starch products.

A number of primary and secondary sources were consulted during the course of the clean label starch study. Secondary sources include Factiva and Hoovers, U.S. Food and Agriculture Organization Databases, and company annual reports and publications. This report covers market dynamics related to clean label starches that include the drivers and trends driving each segment, and opportunities in the clean label starch market. The report also includes analysis and insights into the potential of the clean label starch market in specific regions. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, product portfolio of clean label starch manufacturers, and recent developments in the clean label starch market space. Some of the key players analysed are Ingredion Inc., Cargill, Inc., E. I. du Pont de Nemours, Tate & Lyle PLC, Archer Daniels Midland Company, Roquette Frères S.A., Euroduna Food Ingredients GmbH, BENEO GmbH, Kent Corporation, MGP Ingredients, Inc., AGRANA – Beteiligungs AG, Tereos Starch & Sweeteners Iberia Sa, Thai Flour Co., Ltd., Manildra Group, Avebe U.A, Amylco LLC, KMC Kartoffelmelcentralen A.M.B.A, Gulshan Polyols Ltd., and SPAC STARCH PRODUCTS (INDIA) LTD., among other clean label starch manufacturers.




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