San Francisco, 26 April , 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
The global modified starch
market size is expected to reach USD 15.36 billion by
2025 expanding at a CAGR of 5.7%, according to a new report by Grand View
Research, Inc. The global market is expected to grow significantly during the
forecast period on account of its consumption in numerous applications
including food & beverage, paper, pharmaceuticals, textile and other
applications, such as coatings, adhesives, and biodegradable polymers. 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. 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.
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Report On Modified Starch Market Analysis:
Further key findings from the study suggest:
·
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 Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
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
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
Finland
o
Netherlands
·
Asia Pacific
o
China
o
India
o
Japan
o
Thailand
·
Central & South America
o
Brazil
·
MEA
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-modified-starch-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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