Starches/Glucose: Global Markets
Sales of starches and derivatives were $51.2 billion in 2012 and are expected to reach $77.4 billion by 2018, a compound annual growth rate (CAGR) of 7.1% between 2012 and 2018.
- An overview of the development of starch crop production, with respect to corn, wheat, cassava, sweet potato, potato, and rice.
- Analyses of global market trends, with data from 2012, and projections of compound annual growth rates (CAGRs) through 2018.
- Extrapolations of starch crop utilization and of starch in various sectors.
- Comprehensive profiles of important companies within the industry.
- A detailed patent analysis and examination of new and upcoming technological trends.
The report starts by analyzing the markets for raw materials. It reviews in detail the dynamics of supply and demand of wheat, corn, starch potatoes and cassava and to some extent even of rice and of sweet potatoes. In a second step, the technology for manufacturing primary starch is explained and the relevance of by-products for cost of production of primary starch is highlighted. In subsequent sections, the dynamics of supply and demand, pricing history and structure of native starches, modified starches, starch sweeteners and sugar alcohols as well as maltodextrins and cyclodextrins are discussed and illustrated in a quantitative form. In a synoptic conclusion, the different markets are amalgamated into a global picture. The report ends by profiling important actors in the starch business, highlighting and benchmarking their strategies with emphasis on their fitness to sustain anticipated developments.
Ulrich März is experienced both as a food scientist and technical economic analyst in the field of food, feed and fermentation ingredients. He has made significant contributions to technology and performed industry and market analysis of vitamins, carotenoids, enzymes, organic acids, amino acids, and other fermentation-derived food and feed ingredients with BCC multi-client studies. Dr. März has been with BCC for over 15 years. He has an MSc in Chemical Engineering and a Ph.D. in Economics and Management from the University of Stuttgart, Germany.
The global market for the structure of starch crop demand was more than 2.4 billion tons. At an average annual growth rate (AAGR) of 2.4%, this demand will reach almost 3.1 billion tons by 2015.
In industrialized countries direct food consumption may not change much since consumers will have the ability and be ready to pay higher prices for cereal and tuber crops and their manufactured products. In developing countries, however, the past trend to consume more potatoes and cereals on the expanse of other tubers will be reversed and people will tend to eat more sweet potato and cassava again.
Bio-ethanol starches have the highest growth potential, with a 10.3% AAGR and reaching more than 230 million tons by 2015.