The global hydrolyzed starch market was valued at US$ 12.4 billion in 2022 and is predicted to rise at a CAGR of 5.7% in terms of revenue between 2022 and 2032, reaching US$ 21.8 billion in 2032.
Hydrolyzed starch is an artificial sugar alcohol derived from starch. It is made from maize starch and other basic materials like rice, wheat, and potato starch. Many food preparations include hydrolyzed starch. It adds texture and volume and can also act as a humectant to keep moisture in.
Hydrolyzed starch is also thought to have a laxative effect. It does not occur naturally in plants or fruits, thus it is created artificially. It is commonly utilised as a key ingredient in low-calorie foods and sugar-free candies, and it is commercially available as a sugar alcohol. Other items that contain hydrolyzed starch include chewing gum, ice cream, baked products, 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.
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.
A brief approach to research:
A modeling-based approach and triangulation methodology will be followed to estimate the data covered in this report. Following a detailed market understanding and evaluation of the applications, types, forms, and end uses of the product segments covered in the study, a demand-side approach is taken to estimate and cross-reference revenues for the target product segments. With a supply-side valuation of the value generated over a predefined time period. Statistics and data are gathered at the regional level, and aggregated and synthesized globally to estimate overall market size.
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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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