Global Modified Starch Market latest research report offers a complete analysis of the global industry influencing driving factors, impacting trendsaAnd demand , competitive landscap, and factors restraining the growth of the market. Furthermore, our analysts at Technavio aim at precisely forecasting the growth rate of the Modified Starch Market using various market sizing methodologies such as bottom-up and top-down approaches to help our clients and other enterprises gain a better understanding of the current market scenario.
Global Modified Starch Market was valued at USD 9.93 billion in 2017 growing at a CAGR of 4.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Modified Starch Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of modified starch market for global, Europe, North America, Asia Pacific and South America.
Global Modified Starch Market, By Raw Material (Corn, Cassava, Potato, Wheat, Others), By Application (Food & Beverages, Animal Feed, Industrial), By Function (Thickeners, Stabilizers, Binders, Emulsifiers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major Market Competitors/Players:
Global Modified Starch Market Dominated By
- Archer Daniels Midland Company
- Cargill
- Ingredion Incorporated
- Tate & Lyle PLC
- Roquette Frères
Among Others Like, Avebe U. A., Grain Processing Corporation, Emsland- Stärke GmbH, Agrana Beteiligungs-AG, Sms Corporation Co. Ltd, Global Bio-Chem Technology Group Company Limited, Spac Starch Products (India) Ltd., Qingdao Cbh Co., Ltd, Global Bio-Chem Technology Group Company Limited Ingredion ncorporated, among others.
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Major Market Drivers and Restraints:
- Increasing consumption of processed and convenience food.
- Functional properties of modified starch and their ease of incorporation in a wide range of food applications.
- Growing demand for adhesives in a range of industrial applications.
- Emerging markets in Asia Pacific and Africa.
- Potential alternative sources of modified starch.
Global Modified Starch Market Segmentation:
- The modified starch market is segmented based on, raw material, application, function and geographical segments.
- Based on raw material, the market is segmented into corn, cassava, potato, wheat and others.
- On the basis of application, the market is classified into food & beverages, animal feed, and industrial. The food & beverages segment is further segmented into bakery & confectionery products, beverages, processed foods and other food & beverage application. The animal feed segment is further segmented into swine feed, ruminant feed, poultry feed, and other animal feed applications. The industrial segment is further segmented into medicines & pharmaceuticals, papermaking, cosmetics, weaving & textiles and others.
- Based on function, the market is segmented into thickeners, stabilizers, binders, emulsifiers and others.
- Based on geography the modified starch market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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