Global wheat starch market projected to reach $5.6 billion by 2032 due to demand in various industries.

From GlobeNewswire: 2024-12-03 04:30:00

The global wheat starch market is projected to reach USD 5.6 billion by 2032, driven by demand in food, pharmaceuticals, and paper industries. Wheat starch’s versatile properties make it essential in various products, including gluten-free and clean-label items. The powdered wheat starch segment, valued at USD 3.9 billion in 2023, is expected to grow at a 3.2% CAGR through 2032, with the food & beverages segment leading the way at a 3.6% CAGR. In the U.S., the wheat starch market was valued at over USD 990.4 million in 2023, with a forecasted CAGR of 3.3% from 2024 to 2032. The growth is supported by the shift towards natural and clean-label ingredients, especially in gluten-free formulations.



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