The global hydrolyzed starch market is anticipated to create lucrative growth opportunities over the forecast period by registering a CAGR of 5.7% from 2022 to 2032. The global market is expected to be valued at $12.4 billion in 2022 to reach a valuation of $21.8 billion by 2032. Throughout the majority of the time, hydrolyzed starch is utilized as a sweetener. Various artificial sweeteners such as hydrolyzed starch, are becoming more popular as consumer demand for low-calorie foods grows.
Hydrolyzed starch is known as sugar alcohol derived from starch. It is made out of cornstarch along with other raw materials such as rice, wheat, or potato starch. Many food products contain hydrolyzed starch as an ingredient. Hydrolyzed starch adds texture and bulk. It can also be utilized as a humectant to keep moisture in.
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Hydrolyzed starch is well known for its laxative properties. It is prepared artificially because it is not naturally found in vegetables and fruits. Furthermore, it is widely used as a primary ingredient in low-calorie foods and sugar-free candies, and it is commercially sold as sugar alcohol. Other foods that contain hydrolyzed starch include chewing gum, ice cream, baked goods, jams, and spreads.
Key Takeaways
- Attributing its nutritional, sensorial, and functional properties, hydrolyzed starch has rapidly become an essential ingredient within the food and beverage industry. Hydrolyzed starch production and applications have grown rapidly in recent years.
- Hydrolyzed starch-based sweeteners are gradually replacing sugar in the food industry. Moreover, the confectionery industry’s high demand is anticipated to be a vital driver for the market to prosper.
- The approval of regulatory bodies such as the FDA and EFSA for the use of hydrolyzed starch as a food ingredient has significantly boosted the market over the projection period.
Competitive Landscape
The hydrolyzed starch market is expected to expand significantly in the coming years. The expanding food industry will drive the market’s overall growth. Several product launches have occurred over the last decade.
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More Insights into the Hydrolyzed Starch Market
The European region is anticipated to dominate the global hydrolyzed starch market over the projection period. The European region is expected to grow at a phenomenal CAGR of 4.1% from 2022 to 2032. The growth in the market is attributed to the surging demand for hydrolyzed starches in bakery and confectionery products in Europe is expected to drive up the price of hydrolyzed starches in the region.
Within the European region, approximately half of the food service companies are likely to offer processed foods comprising of a wheat-based hydrolyzed starch. These starches are known as maltodextrins and glucose syrup among several others.
All over Europe, the demand for wheat-based hydrolyzed starch remains strong, and this trend is expected to continue throughout the forecast period.
The Asia Pacific market for hydrolyzed starch is expanding significantly. This growth is attributed to the surging population of India and China over recent years. In addition to that, increasing demand for food, beverages, and pharmaceuticals across the evaluation period will bolster industry growth. Furthermore, with the low cost of labor and raw materials, these countries are also growing as pharmaceutical manufacturing hubs.
India is expected to poise immense growth of the global hydrolyzed starch market over the projection period. This region’s growth is associated with favorable government regulations and its 100 percent permission in various food processing industries. These aforementioned factors are expected to augment growth in the market over the valuation period.
According to the Confederation of Indian Industry (CII), India’s food processing sector is expected to attract investments worth US$ 33 billion between 2017 and 2027, boosting growth in the hydrolyzed starch market over the forecast period.
Rising growth in the global hydrolyzed starch market is gaining traction because of its significant nutritional values, functional properties, sensorial, and much more. Within the global food & beverage industry, hydrolyzed starch production and its application have grown rapidly.
A gradual replacement of sugar can be witnessed in the food & beverage industry by hydrolyzed starch-based sweeteners. Within the confectionery industry, hydrolyzed starch is a key driver for the global market.
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Hydrolyzed Starch Market – Market Segmentation
By Nature, the Hydrolyzed Starch market is segmented into:
- Organic
- Conventional
By Functionality, the Hydrolyzed Starch market is segmented into:
- Sweetening
- Moisture Retainer
- Texturizing
By End-use, the Hydrolyzed Starch market is segmented into:
- Bakery
- Confectionary
- Dairy
- Jams and Spreads
- Beverages
- Pharmaceuticals
- Others
By Source, the Hydrolyzed Starch market is segmented into:
- Rice
- Wheat
- Potato
- Others
By Form, the Hydrolyzed Starch market is segmented into:
- Powder
- Coarse-Grain
- Granulated
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