A new report by Fact.MR provides a comprehensive Sales outlook of global Modified Maize Starch market. Careful analysis of the past, present and future trends of different end-user industries has been considered while forecasting the growth & Demand between the period of 2018- 2027
The report presents a full understanding of major dynamics of Modified Maize Starch Market Demand such as on-going market trends, opportunities, Sales growth drivers, and barriers.
Market Overview :-
Generally used as stabilizer, thickening agent, or an emulsifier, modified maize starch is prepared by physically, chemically, and enzymatically treating maize to change its properties. Owing to its gluten-free attributes and rich source of carbohydrates, modified maize starch is gaining increasing demand in processed or microwavable food products.
In addition, modified maize starch can be used as a gelling agent to better maintain the texture of the food products. These are key factors influencing the development of modified maize starch market. Rising scope of applications for modified maize starch in various industries including pharmaceuticals, paper, textile, and cosmetics is likely to favor significant growth in its market.
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The report inspects the micro and macro-economic factors that are anticipated to foster the Sales growth and outlook of Modified Maize Starch Market.
The report answers various key questions related to Modified Maize Starch market Trends and outlook :-
- How the Sales growth will unfold for global Modified Maize Starch market in the years ahead?
- How the outlook of end users will impact the Modified Maize Starch market Sales?
- Which regions are believed to witness highest growth in upcoming years?
- Which country and region capture the largest market in Modified Maize Starch market Demand?
- Which products are expected to witness lucrative Sales growth during assessment period?
- What are current on-going market trends & Demand and key business strategies being adopted by various key and niche players?
The global Modified Maize Starch report is segmented based on its product type, application, technology, and the end-user industry..
Though Clean-Label Starch Resists the Market Growth, Food, Dairy and Pharma Industries Present Lucrative Opportunities
On the back of rising demand for processed foods, the food processing industry has witnessed significant development in past decades. Thickening agents, emulsifiers, stabilizers, food preservatives, and other food additives are highly sought-after in the production of processed foods. Owing to its excellent physiological and rheological properties, modified maize starch is extensively utilized in the food industry.
In addition, the market for modified maize starch has penetrated its roots in the pharmaceutical, paper, as well as packaging industries. However, rising consumer preference for clean-label starches is likely to influence the global modified maize starch market.
In addition readers of report will get an in-depth analysis of diverse trends together with technological and product developments in Modified Maize Starch market Outlook Survey.
Critical insights enclosed in the Modified Maize Starch market Sales Report
- In-depth assessment of the leading Key players.
- The Survey of Modified Maize Starch regional market segments and sub-segments.
- Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
- SWOT analysis of the prominent players in Modified Maize Starch market.
- Y-o-Y revenue growth of Modified Maize Starch market Sales.
- Unbiased analysis on market size of Modified Maize Starch
- Competitive analysis of Modified Maize Starch Market
- Transformations in Demand of Modified Maize Starch market dynamics
Detailed information on consumptions and demand ratio of diverse products/services linked to Sales growth dynamics of Modified Maize Starch market is covered in report. This aside, Survey report presents reliable data on revenues and volumes of all key geographical regions.
Steady Demand for the Thickening Agents to Seek Modified Maize Starch
As the most common thickening agent, modified starch is extensively used in the processed food industry. While there are multiple sources including wheat, maize, potato, rice, and cassava, modified starch derived from maize is cost effective as compared to that derived from wheat or cassava. As modified maize starch provides a better alternative to cost-intensive thickeners and other raw materials, it reduces the overall food product cost.
On account of these benefits, demand for modified maize starch as thickening agents has increased with the rising demand for processed food. Apart from the application as a thickening agent, modified maize starch is also used as a stabilizer and emulsifier in the food industry.
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Further, the Modified Maize Starch market Survey report emphasizes the adoption pattern And Demand of Modified Maize Starch across various industries.
The Modified Maize Starch Sales study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, Modified Maize Starch Sales revenue generation and Modified Maize Starch Market Outlook across the globe.
Leading Companies Profiled in the Modified Maize Starch Market are:
In this report, leading market participants involved in the manufacturing of Modified Maize Starch Market are covered. Analysis regarding their product portfolio, key financials such as market shares and sales, SWOT analysis and key strategies, Demand & Supply Chain are included.
The Modified Maize Starch Market outlook report takes a close look at each part and its subpart futures before looking at the 360 degree view of the Modified Maize Starch Market Sales.
Dairy Products Industry to Present Lucrative Opportunities
Modified maize starch is extensively utilized as thickeners, stabilizers, and emulsifiers in the dairy industry. For the manufacturing of yogurt, in particular, low fat and fat-free yogurt, modified maize starch is added as a fat replacer and creaminess enhancer. Further, manufacturers are actively engaged in R&D activities to introduce novel dairy products.
For instance, Cargill has introduced a new modified starch that declines fat content by 50% in yogurts without affecting the taste. With the projected growth of US$ 36 billion of the global low fat and fat-free yogurt market by the end of 2026, the utilization of modified maize starch in the dairy industry is likely to grow in the future.
Clean-Labels Trend Barricading Future Adoption
Processed food manufacturers largely rely on modified starch to enhance texture and consistency of their products. However, consumer-driven movement of clean labels has significantly affected manufacturing approach in the processed foods industry. Modified maize starch is derived using physical as well as chemical methods.
The physical method does not involve content modification whereas chemical method modifies the starch by the addition of salts or chemical groups.
Generally, manufacturers fail to mention the origin of modified maize starch. Owing to the intensive use of modified starch in the food industry, consumers are actively seeking label-friendly starch as an additive in the processed food products.
Key Company Developments
- Archer Daniel Midland Co. has initiated construction in its Bulgarian corn wet mill facility that manufactures starch products, modified starch products, and liquid sweeteners among other food ingredients. This expansion will enable processing of 900,000 tonnes annually.
- Cargill (Minneapolis), a leading modified starch manufacturer has launched a new line called SimPure that includes functional native starches that are clean-label starches.
- Grain Processing Corporation (GPC), a subsidiary of Kent Corporation, has recently received non-GMO project verification at its Indiana production facility for maltodextrin and corn syrup solids.
Some of the leading manufacturers in the global modified maize starch market are Cargill Inc., Archer Daniels Midland Company, Associated British Foods plc., and Kent Corporation among others.
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The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
A comprehensive estimate on Demand of Modified Maize Starch market has been provided through an optimistic scenario as well as a conservative scenario that account the sales & demand of Modified Maize Starch market. Price point comparison by region with global average price is also considered in study.
Rising Demand for Infant Formula to Fuel the Market Growth
Maltodextrin is the most commonly used modified maize starch in the infant formula. It is added as a thickening agent and considered the most inexpensive and safe additive in the infant formula. With the increased population of working mothers and steadily rising birth rates, infant formula market reported revenue of US$ 26.4 billion in 2017.
As manufacturers actively adopt strategies such as attractive packaging, organic variety and availability through online platforms, the global market for infant formula is projected to reach US$ 66 billion by the end of 2027.
Increased awareness regarding the health benefits of modified starch in the infant formula along with the use as a thickener is likely to influence the growth of the global modified maize starch market.
Pharmaceutical and Other Industrial Applications
As a coating agent, diluent, binder or disintegrant, modified maize starch is actively utilized in the pharmaceutical industry. Due to which, manufacturers provide industry-specific pharmaceutical-grade modified maize starch. In addition, industrial grade modified maize starch with improved shear stability is used in the paper-making and packaging industry.
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NOTE: Our team of industry researchers are studying Covid-19 and its impact on Sales growth of Modified Maize Starch market and where necessary we will consider the Covid-19 footmark for better analysis of market and industries. Contact us cogently for more detailed information.
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