Non-GMO starch Market Set for Rapid Growth and Trend by 2028

Market Outlook

Starch is a carbohydrate that is abundantly used in the food and beverage industry, owing to its wide range of applications and functions. Starch is usually extracted from natural sources such as wheat, cassava, potato, rice, sago and corn. Non-GMO starch was first coined under the non-GMO project, where starch was prepared from non-genetically modified plants. Non-GMO starch is manufactured under strict regulated environment and protocols in order to prevent contamination and preserve the identity of the crop. Farmers are also required to use only non-GMO seeds for the crop production. These non-GMO crops are usually grown in countries where the growing of genetically modified organism is prohibited.

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Reasons for Covering this Title

Growing demand for organic food, along with non-GMO ingredients in a food item is found in countries such as the U.S., U.K., France, Germany and Australia among others, due to which producers are involved in using non-GMO starch in their products, which leads to the growth of the non-GMO starch market. It has been observed that there is a surge in demand for non-GMO starch particularly in Europe and North America and in order to meet growing demand companies are launching new products in periodic basis, for instance in May 2017, Tate and Lyle plc. announced that it will launch 17 different types of non-GMO starches which include Rezista cook up starch and X-Pand’r instant starch among others. Moreover, a spokesperson for the ingredient supplier also claimed that non-GMO is amongst the fastest growing clean label claim across the globe, which clearly indicates that the market of non-GMO starch is expected to grow significantly over the forecast period.

Global Non-GMO starch Market: Key Players

Some of the key potential players operating in the global Non-GMO starch market areIngredion Inc., Cargill Inc., Tate and Lyle plc., Archer Daniels Midland Company, Grain Processing Corporation, Universal Starch Chem Allied Ltd.,  GreenTech Industries Ltd., Manildra Group, Roquette Frères, Emsland- Stärke GmbH, Sms Corporation Co. Ltd among others.

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