Wheat starch market is growing rapidly

10 November 20232 min reading

Global wheat starch market set to reach US$ 4.8 Billion by 2028 with steady 2.7% CAGR.

Wheat starch, a crucial food additive derived from wheat flour, has garnered widespread attention due to its versatility and applications across various industries. The starch is obtained by meticulously removing proteins from wheat flour, resulting in a product visually resembling flour or corn starch.

According to Research and Markets’ research, the global wheat starch market, valued at US$ 4.0 Billion in 2022, is anticipated to witness substantial growth, reaching US$ 4.8 Billion by 2028, with a steady Compound Annual Growth Rate (CAGR) of 2.7% during the period from 2023 to 2028.

Wheat starch serves as an essential thickening agent and a key ingredient in food products, including glucose syrup, dextrose, and maltodextrin. Furthermore, it plays a pivotal role in stabilizing food sauces and dessert puddings, making it indispensable in the food and beverage (F&B), pharmaceutical, paper, and textile sectors worldwide.

Recent trends indicate a surge in the use of native wheat starch to maintain moisture, replicate fat in confectionery fillings, replace gluten in gluten-free products, and enhance the texture and shelf life of various food items. This trend is particularly evident in confectionery and bakery products such as gelled candies, fondants, taffy, marshmallows, and fudges, driving the market forward.

Additionally, the growing awareness of healthy eating habits and dietary requirements has spurred the demand for wheat starch. In the cosmetic industry, wheat starch finds utility in improving the emulsion stability of cosmetics and manufacturing face masks and body cleansers.

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