Data Bridge Market Research analyses that the starch coating market will grow at a CAGR of 12.2% in the forecast period of 2021-2028 and is likely to reach at USD 376.73 million by 2028.
Starch coatings are basically applied as the protective coating of starch on various agricultural products, meat, and bakery products to develop appearance and mechanical properties.
The rise in the need to preserve unpreserved foods from going stale and extend the period for which they remain fresh is the major factor accelerating the growth of the starch coating market. Furthermore, the increasing shelf life and quality of fruits and vegetables, shifting inclination of consumers towards healthier and more ecological foods, and rise in usage of these coatings to prevent post-harvest losses of agricultural produce and poultry products are also expected to drive the growth of the starch coating market. However, the presence of various substitutes and stringent regulations restrains the starch coating market, whereas, the significant cost is associated with synthetic coatings will challenge market growth.
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The major players operating in the starch coating market report are Cargill, Incorporated, ADM, Ingredion Incorporated, Tate and Lyle PLC, Agrana Beteiligungs-AG, Grain Processing Corporation, Roquette Frères, The Tereos Group, Royal Cosun, Altia Industrial Services, Grain Processing Corporation, Grain Processing Corporation, Everest Starch Pvt.Ltd., GreenTech Industries Ltd, GreenTech Industries Ltd, Bangkok Starch Industrial Co., Ltd., Roquette Frères, Sahyadri Starch and Industries Pvt. Ltd., Nova Transfers Pvt. Ltd, Sanstar Bio-Polymers Ltd, Tantia Agrochemicals Private Limited, SPAC Starch Products Ltd., among others.
Scope of the Starch Coating Market Report:
The starch coating market is segmented on the basis of source, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of source, the starch coating market is segmented into corn starch, potato starch, sweet potato starch, cassava starch, and others.
- On the basis of application, the starch coating market is segmented into fruits and vegetables, meat, poultry and fish, dairy products, nutritional products, bakery and confectionery, and others.
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Starch Coating Market Regional Analysis/Insights
The Starch Coating market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Starch Coating market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Starch Coating within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Starch Coating market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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