The global grain starch market was valued at approximately 10.96 billion US dollars in 2024. Analysts predict that the market will expand to around 14.55 billion US dollars by 2031. This growth represents an average annual increase of about 4.2% between 2025 and 2031. The rise in demand is driven by various factors including the use of grain starch in food products, industrial applications, and other sectors.
This steady growth reflects ongoing trends in consumer preferences and industrial needs. As grain starch is a key ingredient in many products, its market performance is closely linked to developments in agriculture, food manufacturing, and bio-based industries. The forecast highlights the importance of grain starch as a versatile raw material in the global economy.
Why this matters:
Understanding the growth of the grain starch market helps businesses and policymakers plan for future supply and demand. It also sheds light on how agricultural products are being used in various industries, influencing economic and environmental strategies worldwide.
Source: NewsData