The Modified Starch Market is forecasted to grow from USD 10.32 Billion in 2018 to USD 14.98 Billion by 2026, at a CAGR of 4.6%, during the forecast period. The market is primarily driven due to its use in numerous applications including food & beverage, paper, pharmaceuticals, textiles and other applications such as coatings, adhesives and biodegradable polymers. Growing health and nutrition concerns along with changing preference for healthy appetite are also likely to be a major driving factor for the market.

Increasing demand for convenience food and rapidly developing pharmaceutical industries, especially in the Asia Pacific region, are expected to drive global market growth. With several companies concentrated in North America, Europe, and Asia Pacific, the market is highly competitive and fragmented in nature.

Maltodextrin's rising popularity also drives the modified starch market. On the other hand, the key factors hampering this market's growth are higher raw material costs and high R&D costs. This shows that there is an enormous scope for the global growth of the modified starch market.

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Key Players Profiled in the Report are:
Cargill (US), Tate & Lyle (UK), Archer Daniels Midland (US), Ingredion Inc. (US), Grain Processing Corp. (US), Emsland-Stärke GmbH (Germany), Global Bio-Chem Technology Group Co. Ltd. (Hong Kong), SPAC Starch Products (India), Qingdao CBH Co., Ltd. Company (China), Roquette Frères (France) and others.

 

For the purpose of this study, Reports and Data have segmented the market on the basis of type, raw material, function, application and regional analysis.

Type (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Cationic Starch
• Etherified Starch
• Esterified Starch
• Resistant Starch
• Pre-gelatinized

Raw Materials (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Corn
• Cassava
• Wheat
• Potato
• Yam
• Others

Function (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Thickeners
• Stabilizers
• Binders
• Emulsifiers
• Others

Application (Kilo Tons) (Revenue, USD Million; 2016-2026)

• Food & beverages
• Bakery & confectionery
• Beverages
• Processed-foods
• Others
• Industrial
• Paper-making
• Pharmaceuticals
• Cosmetics
• Textiles
• Others (foundry, adhesives, detergents and cardboard manufacturing)

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Regional Analysis:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further key findings from the report suggest:

• The Modified Starch Market is forecasted to grow from USD 10.32 Billion in 2018 to USD 14.98 Billion by 2026, at a CAGR of 4.6%, during the forecast period. The market is primarily driven due to its use in numerous applications including food & beverage, paper, pharmaceuticals, textiles and other applications such as coatings, adhesives and biodegradable polymers. Growing health and nutrition concerns along with changing preference for healthy appetite are also likely to be a major driving factor for the market.
• The market for corn is expected to grow the largest at USD 4.04 Billion in 2026, at a CAGR of 5.6% during the forecast period. Corn is a staple food, preferred throughout the globe because of its importance in several countries diets. It is widely used in soups and liquid-based foods such as sauces, gravies, and custards as a thickening agent.
• The market for thickeners is estimated to reach USD 4.34 Billion in 2026, at a CAGR of 5.5% during the forecast period. Modified starch as a thickener intensifies the liquid's viscosity without changing its other properties significantly. In the F&B industry, it is widely consumed, particularly in sauces, puddings, gravies and soups, without altering the taste. It is also very useful for emulsifying end-use products in different industries, particularly in products containing flavored oils from F&B.

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Competitive Landscape:

The report offers a comprehensive overview of the competitive landscape of the market to provide an advantage to the reader. This segment focuses on the initiatives and innovations adopted by the key players to gain a strong foothold in the market. The report also sheds light on mergers and acquisitions, joint ventures, collaborations, partnerships, and agreements, among others, to offer a better understanding of the market. The report also offers insights into revenue, gross profit margin, financial standing, market position, product portfolio, and other vital aspects of each player. The report also includes a thorough SWOT analysis and Porter’s Five Forces analysis.

The Modified Starch Market Report Offers:

• Deep insights into the Modified Starch market landscape
• Key details about the regional segmentation of the Modified Starch market
• Analysis of the crucial market trends with regards to both current and emerging trends
• Comprehensive impact analysis of COVID-19 pandemic on the Modified Starch industry
• Extensive overview of the key manufacturers and prominent players of the industry
• Comprehensive study of the market segmentation and recent developments

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