The global hydrolyzed starch market was valued at $12.4 billion in 2022 and is expected to grow at a CAGR of 5.7 percent in terms of revenue between 2022 and 2032, reaching $21.8 billion by 2032.
Hydrolyzed starch is an artificial sugar alcohol produced from starch. It is derived from corn starch and other raw materials such as rice, wheat or potato starch. Hydrolyzed starch is used as an ingredient in many food preparations. It provides texture and volume and can also be used as a humectant to retain moisture.
Hydrolyzed starch is also known to have a laxative effect. It does not occur naturally in vegetables and fruits, so it is prepared artificially. It is widely used as a main ingredient in low-calorie foods and sugar-free candies and is commercially sold as a sugar alcohol. Other foods that use hydrolyzed starch include chewing gum, ice cream, baked goods, jams, and spreads.
Hydrolyzed starch is mainly used as a sweetener. Artificial sweeteners, such as hydrolyzed starch, are gaining popularity due to growing consumer demand for low-calorie foods.
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Growing consumer demand for low calorie foods to drive market growth
Hydrolyzed starch has become an essential ingredient in foods and beverages, primarily because of its nutritional, sensory and functional properties. In recent years, the production and application of hydrolyzed starch has increased rapidly. The food industry is increasingly replacing sugar with hydrolyzed starch-based sweeteners.
High demand in the confectionery industry is expected to act as a key driver for the market. Approval from regulatory agencies such as FDA and EFSA for the use of hydrolyzed starch as a food ingredient has significantly boosted the market. Food service companies are leaning towards hydrolyzed starch-based sweeteners to meet consumer demand for low-calorie foods.
Key Players in Global Hydrolyzed Starch Market:
Key players operating in the global hydrolyzed starch market are Lyckeby, Cargill Inc., BASF, DowDuPont, Lanxess Aktiengesellschaft, Mitsui Chemicals, Shell International, Covestro, Stepan Company, Sweetener Products Company, SPI Polyols, Inc., Roquette America Inc., Tereos Starch & Sweeteners, Archer Daniels Midland, Tongaat Hulett Starch and Ingredion et al.
Key Advances in Hydrolyzed Starch Global Market:
The hydrolyzed starch market is expected to grow significantly in the coming years. The expanding food industry will drive the overall growth of the market. Several product launches have been witnessed in the past decade. For example, in November 2016, Ingredion, an Illinois-based ingredient supplier, launched SWEETIS using hydrolyzed starch as its primary sugar alcohol. SWEETIS offers a sugar-like taste with fewer calories. Likewise, new sweetener products have been launched across Asia Pacific in recent years.
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Opportunities for hydrolyzed starch participants:
The pharmaceutical segment is expected to register a healthy CAGR in the market. Hydrolyzed starch is used as a body agent in numerous pharmaceutical applications such as tablets and syrups. Suppliers can capitalize on the production of hydrolyzed starch-based products for use in pharmaceutical applications.
In the United States, hydrolyzed starch is recognized as GRAS (Generally Recognized as Safe) by the Food and Drug Administration (FDA). Therefore, there is an opportunity for suppliers who want to enter the market.
In Europe, about half of food service companies offer processed foods using wheat-based hydrolyzed starches, such as maltodextrin and glucose syrup. Demand for wheat-based hydrolyzed starch in Europe remains strong and the same trend is expected throughout the forecast period.
Hydrolyzed Starch Market - Market Segmentation:
The Naturally Hydrolyzed Starch Market is segmented into:
By Function, the Hydrolyzed Starch Market is segmented into:
On the basis of end use, the hydrolyzed starch market is segmented into:
- Jam and Spread
By Source, the Hydrolyzed Starch Market is segmented into:
On the basis of form, the hydrolyzed starch market is segmented into:
- coarse particles
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Frequently Asked Questions
- What is the anticipated growth of the hydrolyzed starch market until 2032?
- Which region is forecast to be the most lucrative for hydrolyzed starch market growth?
- Which are some prominent hydrolyzed starch manufacturers?
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