According to Stratistics MRC, the Global Modified Starch Market is accounted for $12.49 billion in 2019 and is expected to reach $18.31 billion by 2027 growing at a CAGR of 4.9% during the forecast period. Some of the key factors propelling the market growth include rising demand for convenience food, rapidly developing the pharmaceutical industry, increasing adoption of natural ingredients in food, and the functional properties of modified starch and their ease of incorporation in a wide range of applications. However, limited sources and the high cost of natural additives are restraining the market growth.
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On the basis of geography, Asia Pacific is expected to be the significant growing market during the forecast period, due to the increasing demand for processed food because of a shift in lifestyle trends. Favorable government policies in agriculture trade to promote modified starch products and investments in the industry have created new growth opportunities in the Asia Pacific region. Countries, such as India, China, Japan, South Korea, and Taiwan depend on the agriculture sector to some extent for economic growth on account of it being a major contributor to their GDP. The Asia Pacific has accounted for a major chunk of the global production with high levels of development in the emerging economies.
Some of the key players in Modified Starch Market include Tate & Lyle, Roquette Frères, SPAC Starch, Qindao CBH Company, Emsland, AGRANA, Gromotech Agrochem Pvt. Ltd., Cargill, Ingredion, Tereos, Angel Starch Food Pvt. Ltd., Shubham Starch Chem Pvt Ltd., Archer Daniels Midland Company (ADM), SMS Corporation, Global Bio-Chem Technology Group, and Avebe U.A.
Forms Covered:
• Powder
• Liquid
• Gel
Brands Covered:
• Clearam
• Resistamyl
• Emden
• Pure Gel
• Farinex
Raw Materials Covered:
• Potato
• Wheat
• Maize/Corn
• Cassava
• Tapioca
• Sago
• Yam
• Other Raw Materials
Applications Covered:
• Animal Feed
• Function Modified Starch
• Food & Beverages
• Industrial
• Other Applications
Functions Covered:
• Stabilizers
• Thickeners
• Binders
• Emulsifiers
• Disintegrant
Sales Channels Covered:
• Distribution Channel
• Direct Channel
Modification Types Covered:
• Enzyme Modified Starch
• Physically Modified Starch
• Chemical Modified Starch
• Resistant Starch
• Acetylated Starch
Production Methods Covered:
• Physical Methods
• Chemical Methods
• Enzymatic Modifications
• Genetic Modifications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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