Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Native Wheat Starch, Modified Wheat Starch), By Grade (Food Grade, Industrial Grade), By End-Users Industry (Food and Beverages, Cosmetics, Others) And Competitive Landscape
Product Code: ETC184202 | Publication Date: May 2021 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Wheat Starch Market |
Forecast period | 2025-2031 |
CAGR | 7.3% |
Growing Sector | Food and beverage, Pharmaceuticals, and Paper and packaging |
Latin America Wheat Starch Market report thoroughly covers the market By Countries, By Type, By Grade, and By End-Users Industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Latin America wheat starch market is expected to reach USD 3.9 billion by 2030, growing at a CAGR of 7.3% during the forecast period (2024-2030). The increasing demand for wheat starch in various industries such as food and beverage, paper and packaging, and pharmaceuticals is driving the growth of this market. Additionally, the rising health consciousness among consumers has led to an increase in demand for gluten-free products, which has further boosted the demand for wheat starch.
Latin America Wheat Starch Market serves as a crucial component of the region's food and beverage industry, playing a significant role in various applications including thickening agents, binding agents, and texturizers. With a robust agricultural base, the region benefits from a varied climate conducive to wheat cultivation, supporting both production and processing capabilities. The market has been influenced by shifting consumer preferences towards healthier options, driving a steady demand for gluten-free products and organic alternatives. Additionally, investment in technology and production methods is enhancing efficiency and product quality.
According to 6Wresearch, the Latin America Wheat Starch Market size is projected to reach a CAGR of 7.3% during the forecast period of 2025-2031. Several growth factors are driving the Latin America wheat starch market. The rising demand for convenience foods and the increasing inclination towards health-focused diets are pivotal in expanding market opportunities. Additionally, the region's diverse climatic conditions foster efficient wheat production, further supporting market growth.
However, fluctuations in raw material costs and competition from alternative starch sources can hinder profitability. Moreover, strict regulatory frameworks surrounding food safety and quality standards may pose obstacles for producers seeking to enter or expand within the market. Nevertheless, collaborations with local farmers and investments in sustainable practices present fruitful avenues for growth, positioning stakeholders favorably within this competitive landscape.
Emerging trends indicate a continued shift towards plant-based and clean-label products, urging suppliers to innovate in their product offerings. The growing mindfulness of environmental sustainability is prompting brands to adopt eco-friendly packaging and production practices, aligning with consumer values.
In recent years, various government policies and schemes have been initiated across Latin America to support the wheat starch market. These initiatives include subsidies for wheat farming, investment in agricultural technology, and incentives for sustainable farming practices. Additionally, several countries are focusing on export promotion strategies to increase their competitiveness in the global market, which has helped stabilize prices and enhance the availability of wheat starch. Some of the key government policies and schemes introduced in the Latin America wheat starch market are discussed below.
Many governments in Latin America provide subsidies to wheat farmers to promote domestic production. For instance, Argentina's Ministry of Agriculture offers financial assistance to small-scale wheat producers through its "Proyecto de Desarrollo Rural Incluyente" (Inclusive Rural Development Project). Similarly, Brazil's National Bank for Economic and Social Development provides credit lines with low interest rates to support wheat production and storage. These subsidies help lower the cost of production for farmers, making it easier for them to compete with imported wheat starch.
The Latin America wheat starch industry is characterized by a mix of local and international players. Prominent companies such as Cargill, ADM, and Ingredion are established leaders in this sector. Regional manufacturers like Pioneira Alimentos and Pampi are also gaining traction, providing specialized products tailored to local consumer needs. These companies are investing in innovation and expanding their product lines to cater to the growing demand for gluten-free and clean-label food products.
Latin America wheat starch market is poised for significant growth. The increasing demand for convenient food products, coupled with a rise in health consciousness among consumers, is expected to drive the Latin America Wheat Starch Market Growth. Moreover, the trend towards natural and organic products will likely create new opportunities for wheat starch suppliers. As the region continues to focus on agricultural improvements and sustainable practices, it is anticipated that the market will evolve, providing innovative solutions that meet both local and global demands.
According to Dhaval, Research Manager, 6Wresearch, the food grade segment is experiencing significant growth and will dominate the Latin America Wheat Starch Market Share owing to the rising demand for processed foods and the growing health consciousness among consumers.
The food and beverages segment are emerging as the predominant growth driver, spurred by an increasing focus on health and wellness among consumers. The cosmetics segment, while showing steady growth due to the ingredient's effectiveness as a thickening agent and stabiliser, is not expanding at the same rate as food and beverages.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Wheat Starch Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Wheat Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Wheat Starch Market - Industry Life Cycle |
3.4 Latin America Wheat Starch Market - Porter's Five Forces |
3.5 Latin America Wheat Starch Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Wheat Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latin America Wheat Starch Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Latin America Wheat Starch Market Revenues & Volume Share, By End-Users Industry, 2021 & 2031F |
4 Latin America Wheat Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Wheat Starch Market Trends |
6 Latin America Wheat Starch Market, 2021-2031 |
6.1 Latin America Wheat Starch Market, Revenues & Volume, By Type, 2021-2031 |
6.2 Latin America Wheat Starch Market, Revenues & Volume, By Grade, 2021-2031 |
6.3 Latin America Wheat Starch Market, Revenues & Volume, By End-Users Industry, 2021-2031 |
7 Brazil Wheat Starch Market, 2021-2031 |
7.1 Brazil Wheat Starch Market, Revenues & Volume, By Type, 2021-2031 |
7.2 Brazil Wheat Starch Market, Revenues & Volume, By Grade, 2021-2031 |
7.3 Brazil Wheat Starch Market, Revenues & Volume, By End-Users Industry, 2021-2031 |
8 Mexico Wheat Starch Market, 2021-2031 |
8.1 Mexico Wheat Starch Market, Revenues & Volume, By Type, 2021-2031 |
8.2 Mexico Wheat Starch Market, Revenues & Volume, By Grade, 2021-2031 |
8.3 Mexico Wheat Starch Market, Revenues & Volume, By End-Users Industry, 2021-2031 |
9 Argentina Wheat Starch Market, 2021-2031 |
9.1 Argentina Wheat Starch Market, Revenues & Volume, By Type, 2021-2031 |
9.2 Argentina Wheat Starch Market, Revenues & Volume, By Grade, 2021-2031 |
9.3 Argentina Wheat Starch Market, Revenues & Volume, By End-Users Industry, 2021-2031 |
10 Rest of Latin America Wheat Starch Market, 2021-2031 |
10.1 Rest of Latin America Wheat Starch Market, Revenues & Volume, By Type, 2021-2031 |
10.2 Rest of Latin America Wheat Starch Market, Revenues & Volume, By Grade, 2021-2031 |
10.3 Rest of Latin America Wheat Starch Market, Revenues & Volume, By End-Users Industry, 2021-2031 |
11 Latin America Wheat Starch Market Key Performance Indicators |
12 Latin America Wheat Starch Market - Opportunity Assessment |
12.1 Latin America Wheat Starch Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Wheat Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
12.3 Latin America Wheat Starch Market Opportunity Assessment, By Grade, 2021 & 2031F |
12.4 Latin America Wheat Starch Market Opportunity Assessment, By End-Users Industry, 2021 & 2031F |
13 Latin America Wheat Starch Market - Competitive Landscape |
13.1 Latin America Wheat Starch Market Revenue Share, By Companies, 2024 |
13.2 Latin America Wheat Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |