Industrial Starch Market Projected To Have Valuation Worth USD 167.5 Billion By 2028
Industrial Starch Industry Overview The global industrial starch market size was valued at USD 97.85 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2020 to 2028. The growing application of industrial starch as a thickening, stabilizing, and gelling agent, binder, diluent, and excipient is anticipated to generate high demand for the product over the forecast period. The growth of the food and beverage industry is likely to be a major factor driving the demand for industrial starch. The product is used for the manufacturing of frozen, packaged, and convenience food products. The demand for such food products is increasing at a rapid rate, especially in developing countries, which is likely to influence the industry growth on a positive note. Gather more insights about the market drivers, restrains and growth of the Global Industrial Starch Market Starch is manufactured using various sources, including corn, potato, and wheat. As of 202...