Brazil Starch Derivatives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Brazil Starch Derivatives Market Analysis
The Brazilian starch derivatives market (henceforth, referred to as the market studied) is projected to register a CAGR of 4.1% during the forecast period 2020 - 2025.
- The market studied is primarily driven by an extensive application spectrum of starch and its derivatives across various end-user sectors. Stringent regulations encouraging the use of natural ingredients across various sectors, including pharmaceutical, textile, fermentation, and cosmetics, is likely to propel the industry growth.
- Major producers of starch derivatives have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others. Consumption of starch derivatives in pharmaceutical applications has been gaining momentum due to research and development initiatives.
Brazil Starch Derivatives Market Trends
This section covers the major market trends shaping the Brazil Starch Derivatives Market according to our research experts:
Glucose Syrups witnessed a Significant Growth
The glucose syrups segment is expected to witness significant gains over the forecast period, owing to the rising consumption of ice creams, desserts, bakery products, processed meats, and sauces. Increasing glucose consumption in non-food applications, including cosmetics, pharmaceuticals, adhesives, textiles, paper, and plywood is expected to propel the demand. In addition to this, it serves as a flavor enhancer, volume adding agent, texture agent, and inhibitor of sugar crystallization in drinks, which, in turn, is boosting the market studied.
Pharmaceutical Industry is Fastest Growing Segment
Pharmaceutical is expected to expand significant growth during the forecast period due to high disposable income and improvement in healthcare infrastructure. In addition to this, the growing pharmaceutical industry in the Americas and across the country is predicted to offer substantial opportunity over the forecast period. Moreover, starch is widely used in the cosmetics industry for numerous applications, including creams, lotions, shaving gels, bath products, and body powders. Growing inclination toward the usage of natural cosmetics is expected to propel the demand for starch derivatives in Brazil.
Brazil Starch Derivatives Industry Overview
Raw material suppliers, processors, and the final product manufacturers constitute the various stakeholders in the starch derivatives industry. Major producers of starch derivatives have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others. Some of the major players in the market studied include Agrana Group, Archer Daniels Midland Company, Cargill Inc., and Ingredion Inc.
Brazil Starch Derivatives Market Leaders
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Agrana Group
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Archer Daniels Midland Company
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Cargill Inc
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Tate & Lyle
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Ingredion Inc
*Disclaimer: Major Players sorted in no particular order
Brazil Starch Derivatives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Maltodextrin
- 5.1.2 Cyclodextrin
- 5.1.3 Glucose Syrups
- 5.1.4 Hydrolysates
- 5.1.5 Modified Starch
- 5.1.6 Other Types
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5.2 By Application
- 5.2.1 Food and Beverage
- 5.2.2 Feed
- 5.2.3 Pharmaceutical Industry
- 5.2.4 Cosmetics
- 5.2.5 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 Agrana Group
- 6.3.2 Archer Daniels Midland Company
- 6.3.3 Cargill Inc.
- 6.3.4 Tate & Lyle
- 6.3.5 Ingredion Inc
- 6.3.6 Roquette
- 6.3.7 Royal Avebe UA (Avebe Nutrition)
- 6.3.8 Tereos SA
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBrazil Starch Derivatives Industry Segmentation
The market studied is segmented by type and application. On the basis of type, the market is segmented into maltodextrin, cyclodextrin, glucose syrups, hydrolysates, modified starch, and other types. On the basis of application, the market is segmented into food and beverage, feed, pharmaceutical industry, cosmetics, and other applications.
By Type | Maltodextrin |
Cyclodextrin | |
Glucose Syrups | |
Hydrolysates | |
Modified Starch | |
Other Types | |
By Application | Food and Beverage |
Feed | |
Pharmaceutical Industry | |
Cosmetics | |
Other Applications |
Brazil Starch Derivatives Market Research FAQs
What is the current Brazil Starch Derivatives Market size?
The Brazil Starch Derivatives Market is projected to register a CAGR of 4.10% during the forecast period (2024-2029)
Who are the key players in Brazil Starch Derivatives Market?
Agrana Group, Archer Daniels Midland Company, Cargill Inc, Tate & Lyle and Ingredion Inc are the major companies operating in the Brazil Starch Derivatives Market.
What years does this Brazil Starch Derivatives Market cover?
The report covers the Brazil Starch Derivatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Starch Derivatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Starch Derivatives Industry Report
Statistics for the 2024 Brazil Starch Derivatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Starch Derivatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.