The market is dominated by domestic suppliers, as imports account for 22.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 92.1% of total demand in 2022. Australia has the 12th largest market size for starches and starch products across the top 20 developed countries, with demand reaching USD1.0 billion in 2022. Ingredion ANZ Pty Ltd is the largest company in Australia, generating 3.1% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 5.4% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry decrease by 2.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 6.8% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 39.6% of total production output. With production value of USD1.2 billion, Australia accounts for 90.2% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Starches and Starch Products in Australia: ISIC 1532. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Starches and Starch Products in Australia: ISIC 1532 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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