According to a report, “Modified Starch Market Size, Share & Trends Analysis Report By Product (Starch Esters & Ethers, Resistant, Cationic), By Material, By Function, By End Use (F&B, Animal Feed, Paper, Textiles), And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc., The global modified starch market size is expected to reach USD 15.36 billion by 2025 expanding at a CAGR of 5.7%. Growing concern regarding health and nutrition along with changing preference towards healthy appetite is also likely to be a major factor driving the market.
Escalating demand for natural sweeteners in energy drinks and non-carbonated soft drinks will increase the product penetration over the forecast period. Companies are invest more in R&D for the development of effective water soluble modified starches, resulting in dynamic market conditions.
Key Takeaways from the report:
-
The global modified starch market was valued at USD 9.36 billion in 2016 and is anticipated to ascend at a CAGR of 5.7%
-
In terms of value, food & beverage application segment led the overall market in 2016 and held 37.6% of the global share
-
Cationic starch is expected witness significant growth on account of their increasing usage in the paper and textile industries
-
Several companies including Archer Daniels Midland Company and Cargill Inc. are investing heavily in R&D for the development of advanced technologies
-
Key market players include Cargill Foods; The Archer Daniels Midland Company (ADM); Ingredion, Inc.; Tate & Lyle PLC; and Roquette Frères
Browse More Reports in Nutraceuticals & Functional Foods Industry:
Inulin Market: Gaining popularity of prebiotic ingredients on account of rising awareness towards low fat and calorie reduction is expected to fuel inulin market demand over the next six years.
Phytosterols market: Phytosterols are steroid compounds derived from plant and are comparable to cholesterol in the structural behavior and functionality.
In recent times, there has been a significant increase in product innovation to gain access to markets and to avail synergetic benefits. As a result, companies have increased their presence across the value chain by integrating and diversifying their product portfolio. Companies, such as Cargill, Inc., Ingredion Inc., and Roquette Frères are integrated across different stages of the value chain.
High demand from Asia Pacific along with rising consumption of convenience food is likely to augment market growth. Technological advancements in India, China, and Brazil are also expected to create new opportunities for industry growth. Moreover, government support to promote natural ingredients will open new avenues over the next few years. Product application in the textile industry is expected to drive the global modified starch market.Increasing use of product, such as starch graft copolymers, starch esters, starch ethers, and cationic starch, will drive this application segment. These starches are used in printing and finishing applications in textiles and have substituted polyvinyl alcohol.
Grand View Research has segmented the global modified starch market on the basis of product, material, function, end use, and region:
Modified Starch Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
-
Starch Esters and Ethers
-
Resistant Starch
-
Cationic Starch
-
Pregelatinized Starch
-
Others
Modified Starch Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
-
Corn-based
-
Cassava-based
-
Wheat-based
-
Potato-based
-
Others
Modified Starch Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
-
Stabilizers
-
Thickeners
-
Emulsifiers
-
Binders
-
Others
Modified Starch End-use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
-
Food & Beverage
-
Animal Feed
-
Paper
-
Pharmaceuticals
-
Textiles
-
Others
Modified Starch Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 – 2025)
-
North America
-
U.S.
-
Canada
-
Mexico
-
-
Europe
-
Germany
-
U.K.
-
Finland
-
Netherlands
-
-
Asia Pacific
-
China
-
India
-
Japan
-
Thailand
-
-
Central & South America
-
Brazil
-
-
MEA
Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com
Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/modified-starch-market