The modern-day document posted via Report Ocean, titled “Modified Starch Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global modified starch market was valued at $7,995 million in 2016, and is projected to reach at $10,700 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. Modified starch is obtained from native starch via its physical, enzymatic, or chemical alteration. Some of the common techniques used for converting native starch to modified starch include treatment with acid, sodium hydroxide, potassium hydroxide, emulsifiers, and starch ether, as well as roasting or adding a positive electrical charge. Some of the native starch undergo more than one treatment to get the desired quality based on different applications. Modified starches are used in the food & beverage industry to enhance the texture & control moisture of different food products such as ice-creams, jellies, syrups, candies, and others.
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These are also useful as a stabilizing agent, thickening agent, and dough binding agent apart from other functions. The main application areas of modified starch are in the food industry, paper-making, and pharmaceutical industry apart from cosmetics industry, pet food industry, textile industry, and others. Some common examples of modified starch are thin boiling starch, white dextrine starch, yellow dextrine starch, oxidized starch, cationic starch, and starch ester.
Increase in the consumption of convenience food and the easy modification of functional properties of modified starch drive the global modified starch market. Furthermore, increase in usage of modified starch in various industries such as pharmaceutical, cosmetics, and paper boosts the market growth. However, presence of substitutes and volatility in raw material prices are anticipated to hamper this growth. Moreover, new sources of modified starch and its untapped applications represent potential opportunities for growth.
The global modified starch market is segmented on the basis of raw material, type, application, function, and geography. Based on raw material, it is divided into maize, cassava, potato, wheat, and others. The type segment includes cationic starch, etherified starch, esterified starch, resistant starch, and pre-gelatinized starch. Applications covered in this report are food & beverages, animal feed, paper-making, weaving & textiles, pharmaceuticals, and others.
Further, the food & beverages segment is classified into confectionery, beverages, processed food, and others, while the animal feed segment includes swine feed, ruminant feed, poultry feed, and others. Based on function, the market is divided into thickeners, stabilizers, binders, emulsifiers, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market, with current trends and future estimations to elucidate the investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
Extensive analysis of different segments facilitates to understand various products of the market.
Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market.
Comprehensive competitive analysis and profiles of major market players in this study are as follows:
Archer Daniels Midland Company
Avebe U.A.
Cargill, Incorporated
Emsland- Starke GmbH
Global Bio-Chem Technology Group Company Limited
Grain Processing Corporation
Ingredion Incorporated
Roquette Fr?res
Tate & Lyle PLC
Universal Starch Chem Allied
Modified Starch Market Key Segments:
By Raw Material
Maize
Cassava
Potato
Wheat
Others
By Type
Cationic Starch
Etherified Starch
Esterified Starch
Resistant Starch
Pre-gelatinized
By Application
Food & Beverages
Confectionery
Beverages
Processed Foods
Others
Animal Feed
Swine Feed
Ruminant Feed
Poultry Feed
Others
Paper-making
Weaving & Textiles
Pharmaceuticals
Others
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By Function
Thickeners
Stabilizers
Binders
Emulsifiers
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
KSA
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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