Global wheat starch market upheaval as supply crunch intensifies

The global Wheat Starch market has seen a relentless upward trajectory in recent months and is further expected to remain uplifted, driven by continuously rising demand from the end-user sector and escalating concerns over wheat supply shortages. As key wheat-exporting nations grapple with unfavorable weather conditions and lower-than-anticipated crop yields, the ripple effects have reverberated throughout the intrinsically linked Wheat Starch industry. Wheat Starch, a versatile ingredient derived from wheat grains, finds extensive application in various sectors, including food manufacturing, pharmaceuticals, and industrial processes. Its widespread utilization underscores the far-reaching implications of the current supply constraints. Various wheat exporters including Russia, the European Union, and the United States face dwindling yields. As the world’s top wheat exporter, Russia has been battered by drought, prompting projections of a year-over-year production decline. A ...