Modified Starch Market By Reports And Data
Modified Starch Market Trends,
Competitive Landscape & Future
Growth 2020-2027
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Market Summary
The Modified Starch Market is forecasted to grow
from USD 10.32 Billion in 2018 to USD 14.98
Billion by 2026, at a CAGR of 4.6%, during the
forecast period. The market is primarily driven
due to its use in numerous applications including
food & beverage, paper, pharmaceuticals, textiles
and other applications such as coatings,
adhesives and biodegradable polymers. Growing
health and nutrition concerns along with
changing preference for healthy appetite are also
likely to be a major driving factor for the market.
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Increasing demand for convenience food and rapidly developing pharmaceutical industries,
especially in the Asia Pacific region, are expected to drive global market growth. With several
companies concentrated in North America, Europe, and Asia Pacific, the market is highly
competitive and fragmented in nature.
Maltodextrin's rising popularity also drives the modified starch market. On the other hand, the
key factors hampering this market's growth are higher raw material costs and high R&D costs.
This shows that there is an enormous scope for the global growth of the modified starch
market.
The major players in the market are Cargill (US), Tate & Lyle (UK), Archer Daniels Midland
(US), Ingredion Inc. (US), Grain Processing Corp. (US), Emsland-Stärke GmbH
(Germany), Global Bio-Chem Technology Group Co. Ltd. (Hong Kong), SPAC Starch
Products (India), Qingdao CBH Co., Ltd. Company (China), Roquette Frères (France) and
others.
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Further key findings from the report suggest
• The Modified Starch Market is forecasted to grow from USD 10.32 Billion in 2018 to USD
14.98 Billion by 2026, at a CAGR of 4.6%, during the forecast period. The market is
primarily driven due to its use in numerous applications including food & beverage, paper,
pharmaceuticals, textiles and other applications such as coatings, adhesives and
biodegradable polymers. Growing health and nutrition concerns along with changing
preference for healthy appetite are also likely to be a major driving factor for the market.
• The market for corn is expected to grow the largest at USD 4.04 Billion in 2026, at a CAGR
of 5.6% during the forecast period. Corn is a staple food, preferred throughout the globe
because of its importance in several countries diets. It is widely used in soups and liquid-
based foods such as sauces, gravies, and custards as a thickening agent.
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Segments covered in the report:
Type (Kilo Tons) (Revenue, USD Million; 2016-2026)
• Cationic Starch
• Etherified Starch
• Esterified Starch
• Resistant Starch
• Pre-gelatinized
Raw Materials (Kilo Tons) (Revenue, USD Million; 2016-2026)
• Corn
• Cassava
• Wheat
• Potato
• Yam
• Others
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Function (Kilo Tons) (Revenue, USD Million; 2016-2026)
Thickeners
Stabilizers
Binders
Emulsifiers
Others
Application (Kilo Tons) (Revenue, USD Million; 2016-2026)
Food & beverages
Industrial
Animal feed
Browse the comprehensive TOC and data tables @
https://www.reportsanddata.com/report-detail/modified-starch-market
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