What is Film Forming Starch - Global Market?
The global market for Film Forming Starch, valued at US$ 849 million in 2023, is on a trajectory of significant growth, with projections estimating a market size of US$ 1276.7 million by 2030. This growth, representing a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period from 2024 to 2030, underscores the increasing demand and diverse applications of film-forming starch across various industries. In North America alone, the market's value in 2023 sets the stage for robust expansion, expected to continue at a notable CAGR through to 2030. This optimistic outlook is fueled by the starch's unique properties, including its ability to form films, which are leveraged in numerous applications from food packaging to pharmaceuticals, indicating a broad and growing appeal. The market's evolution is marked by innovation and the development of sustainable, biodegradable alternatives to conventional materials, reflecting broader trends towards environmental responsibility and efficiency in product design and manufacturing processes.
Native Starch, Modified Starch in the Film Forming Starch - Global Market:
English: #FilmFormingStarch #GlobalMarket2023 #SustainableMaterials #Biodegradable #MarketGrowth #CAGR6Percent #NorthAmericaStarchMarket #FoodPackagingInnovation #PharmaceuticalApplications #EnvironmentalResponsibility
Food and Beverage, Pharmaceutical, Others in the Film Forming Starch - Global Market:
Japanese: #フィルム形成用デンプン #グローバルマーケット2023 #持続可能な素材 #生分解性 #市場成長 #CAGR6パーセント #北米デンプン市場 #食品包装イノベーション #医薬品応用 #環境責任
Film Forming Starch - Global Market Outlook:
Korean: #필름형성전분 #글로벌시장2023 #지속가능한재료 #생분해성 #시장성장 #CAGR6퍼센트 #북미전분시장 #식품포장혁신 #제약응용 #환경책임
Report Metric | Details |
Report Name | Film Forming Starch - Market |
Forecasted market size in 2030 | US$ 1276.7 million |
CAGR | 6.0% |
Forecasted years | 2024 - 2030 |
Segment by Type: |
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Segment by Application |
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By Region |
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By Company | Cargill, Inc., Archer Daniels Midland Company, Ingredion Incorporated, Tate and Lyle PLC, AGRANA Beteiligungs AG, Suzhou Cemo New Material Technology Co., Ltd., Primient, Roquette |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |