A recent report published by Infinium Global Research on the modified starch market provides an in-depth analysis of segments and sub-segments
in the global as well as regional modified starch market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional modified starch market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of the global modified starch market. According to the report, the global
modified starch market is projected to grow at a CAGR of 4.9% over the forecast
period of 2019-2025.
The growing demand for the different type of thickener,
binder, stabilizers, and emulsifiers in the food and beverage industry, animal
feed and other industrial application is helping to grow the demand of the
different types of modified starch products. The modified starch is a type of
food additive, derived from treating starch or starch granules. It has several
unique properties such as its help to improve the water holding capacity,
minimized syneresis of starch and improved thickening, improve the binding
capacity and others, which facilitates its application in several industries.
The continuous growing demand for convenience food and
pharmaceutical products around the world is helping to grow the demand for the
modified starch market. Further, owing to its unique properties as thickness,
stabilizing and binding its application is growing day by day in the food
processing industries, animal feed industry and other industrial applications at
a significant rate. Further, owing to its unique binding properties, its
application in the paper manufacturing industry, where it facilitates to
prepare a good quality paper of the required size for several industrial uses.
However, the availability of the substitute for the modified starch is
restricting the growth of the modified starch market. The continuous growing demand for the different types of modified starch for the industrial an application such as food and beverage, animal feed, paper, and pulp industries
are expected to grow the demand of the modified starch in the developing
countries in the near future.
Geographically, the modified starch market is segmented into
four regions, namely North America, Europe, the Asia-Pacific, and RoW. North
America is the largest market of the modified starch-based products, owing to
the presence of the several food processing companies, animal feed
manufacturing companies, and paper and pulp industries in this region.
Additionally, the presence of several aware consumer groups, who are very
much familiar with the numerous application of the modified starch is helping
to boost the demand for the modified starch-based product in this region. Europe
is the second-largest market after North America for the modified starch
products. The Asia-Pacific modified starch market expected to grow at the
highest CAGR during the forecast period, owing to the growing demand for the
modified starch for animal feed production, food, and beverage manufacturing
and other industrial application.
The report on the global modified starch market covers segments
such as material type, type, and application. On the basis of material type,
the sub-markets include maize, cassava, potato, wheat, and others. On the basis
of type, the sub-markets include cationic starch, etherified starch, esterified
starch, resistant starch, and pre-gelatinized. On the basis of application, the
sub-markets include food & beverages, animal feed, weaving & textiles,
pharmaceuticals, and others.
The report provides profiles of the companies in the market
such as Cargill, Inc., Ingredion Incorporated, Archer Daniels Midland Company,
Tate & Lyle Plc, Roquette Frères, Grain Processing Corporation,
Emsland-Stärke GmbH, SPAC Starch Products Pvt. Ltd., Global Bio-Chem Technology
Group Co. Ltd., and SMS Corporation Co. Ltd.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the modified starch
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.