The Brazilian starch derivatives market (henceforth, referred to as the market studied) is projected to register a CAGR of 4.1% during the forecast period 2020 - 2025.

  • The market studied is primarily driven by an extensive application spectrum of starch and its derivatives across various end-user sectors. Stringent regulations encouraging the use of natural ingredients across various sectors, including pharmaceutical, textile, fermentation, and cosmetics, is likely to propel the industry growth.
  • Major producers of starch derivatives have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others. Consumption of starch derivatives in pharmaceutical applications has been gaining momentum due to research and development initiatives.



Key Market Trends

Glucose Syrups witnessed a Significant Growth

The glucose syrups segment is expected to witness significant gains over the forecast period, owing to the rising consumption of ice creams, desserts, bakery products, processed meats, and sauces. Increasing glucose consumption in non-food applications, including cosmetics, pharmaceuticals, adhesives, textiles, paper, and plywood is expected to propel the demand. In addition to this, it serves as a flavor enhancer, volume adding agent, texture agent, and inhibitor of sugar crystallization in drinks, which, in turn, is boosting the market studied.

Pharmaceutical Industry is Fastest Growing Segment

Pharmaceutical is expected to expand significant growth during the forecast period due to high disposable income and improvement in healthcare infrastructure. In addition to this, the growing pharmaceutical industry in the Americas and across the country is predicted to offer substantial opportunity over the forecast period. Moreover, starch is widely used in the cosmetics industry for numerous applications, including creams, lotions, shaving gels, bath products, and body powders. Growing inclination toward the usage of natural cosmetics is expected to propel the demand for starch derivatives in Brazil.

Competitive Landscape

Raw material suppliers, processors, and the final product manufacturers constitute the various stakeholders in the starch derivatives industry. Major producers of starch derivatives have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others. Some of the major players in the market studied include Agrana Group, Archer Daniels Midland Company, Cargill Inc., and Ingredion Inc.

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