As per this study the Global Modified Starch Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Modified starch refers to native starch which is chemically or physically altered for improving functional properties of starch such as viscosity, surface activity, and enzyme resistance. It’s a food additive used as a thickening agent, stabilizer or emulsifier. The raw material used for deriving modified starch includes corn, cassava, wheat, potato, and other grains.
The growing demand for processed and convenience food across the globe is driving market growth. Additionally, the increasing consumption of functional ingredients, as well as increasing the use of additives in various industrial applications, is further fuelling the market growth. On the other hand, the fluctuating price of raw material and availability of substitutes may hamper market growth. Whereas, increasing scope of applications is expected to create potential opportunity during the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of modified starch.
The broad modified starch market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Cationic Starch
- Esterified Starch
- Etherified Starch
- Pre-Gelatinized Starch
- Resistant Starch
- Food & Beverages (Processed Foods, Beverages, Others)
- Personal Care
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for modified starch in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Modified Starch Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the modified starch market include ADM - Archer Daniels Midland, AGRANA, Avebe, Cargill Incorporated, Emsland- Stärke GmbH, Global Bio-Chem Technology Group Company Limited, Grain Processing Corporation, Ingredion, Roquette Fereres SA, Tate & Lyle - Tereos Syral and Ulrick & Short Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.