San Francisco, 3 January 2019: The Report Modified Starch Market Size, Share & Trends Analysis Report By Product (Starch
Esters & Ethers, Resistant, Cationic, Pre-gelatinized), By Material, By
Function, By End-use, By Region, And Segment Forecasts, 2018 - 2025
The global modified starch market size is expected to reach USD 15.36 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.7% over the forecast period. Higher adoption of convenience food coupled with huge demand from Asia Pacific is likely to augment the market. Growing consumer concern regarding health and nutrition along with preference for healthy diet is projected to be a major market driver. Surging demand for natural sweeteners in energy drinks and non-carbonated soft drinks will further fuel the growth over the forecast period.
Companies are spending heavily on R&D
for manufacturing effective water soluble modified starches, resulting in
dynamic market conditions. Significant rise in product innovation to enhance
product portfolio, gain access to untapped markets, and to avail synergetic
benefits has created growth avenues for the market players. Companies have
increased their presence across the value chain by integrating and diversifying
their product portfolio. Companies such as Cargill, Inc., Ingredion
Incorporated, and Roquette Frères are integrated at different stages of the
value chain.
Technological advancements in India, China,
and Brazil to develop innovative products are expected to create new
opportunities for the growth of the modified starch market. Increasing
government support to promote natural ingredients will open new avenues over
the next seven years. The global market is expected to grow significantly
during the forecast period on account of consumption of the product in numerous
applications including food and beverage, paper, pharmaceuticals, textile, and
coatings, adhesives, and biodegradable polymers among others.
Rising application of modified starch in
textile industry is expected to drive the global market in near future. It is
also use as a thickening agent in the paper industry.Increasing use of modified
starches, such as starch graft copolymers, starch esters, starch ethers, and
cationic starches, in textile industry will result in improving the penetration
of the textile industry. These starches are used in printing and finishing
applications in textiles and as substitute to polyvinyl alcohol.
Access Research Report of Modified Starch Market @ www.grandviewresearch.com/industry-analysis/modified-starch-market
Further key findings from the report suggest:
· In terms of revenue, food and beverage
application held the dominant market share of 37.6% in 2016
· Cationic starch is expected witness significant
market growth on account of their increasing penetration in the paper and
textile industries. It is expected to expand at a 4.6% CAGR from 2017 to 2025
· Several companies including Archer Daniels
Midland Company, Cargill Incorporated, Roquette Frères, Avebe, Roquette Group,
and Ingredion Incorporated are investing heavily in R&D
· Key players operating in the modified
starch market are Cargill Foods, ADM, Ingredion, Tate & Lyle and Roquette.
Strong presence of Cargill Foods in food and beverage and animal feed
industries is expected help it maintain its substantial global market share in
near future.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/food-and-beverages
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
·
Cationic
·
Pre-gelatinized
·
Others
Modified Starch Material Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Corn
·
Cassava
·
Wheat
·
Potato
·
Others
Modified Starch Function Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Stabilizers
·
Thickeners
·
Emulsifiers
·
Binders
·
Others
Modified Starch Application 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
·
Europe
·
Asia Pacific
·
Central & South America
·
MEA
Access Press Release of
Modified Starch Market@ 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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