03-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Modified Starch Market By Product Type (Starch Esters and Ethers, Cationic Starch, Pre-Galvanized Starch, Resistant Starch, and Others), By Raw Material (Corn, Wheat, Cassava, Potato, and Others), By Function (Stabilizers, Thickeners, Binders, Emulsifiers, and Others), and By Application (Animal Feed, Food & Beverages, Paper-making, Weaving & Textiles, Pharmaceuticals, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Modified Starch market in 2019 was approximately USD 10.80 Billion. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 14.75 Billion by 2026.
Modified starch is made by bringing about physiochemical and structural changes in the native starch via heat, enzymes, acids, and alkalis. It helps enhance the functional properties of starch, thereby escalating its application in the food, pharmaceutical, and other industries.
Market Drivers:
The increasing demand for gluten-free nature and low-calorie content of the food products among the health-conscious consumers is likely to help surge the demand for modified starch. In addition to this, the global Modified Starch market is driving owing to the increasing consumption of convenience food products and ease of modifying the functional properties of starch. The new and potential sources of starch along with its available applications provide new opportunities for the global Modified Starch market. Furthermore, its thickening, stabilizing, emulsifying, and binding nature has increased its application in the food, cosmetic, pharmaceutical, paper-making, and textile industries which, in turn, is anticipated to further fuel the market growth. However, the fluctuating prices and availability issues of raw materials are expected to have a negative impact on the Modified Starch market growth.
Browse the full “Modified Starch Market By Product Type (Starch Esters and Ethers, Cationic Starch, Pre-Galvanized Starch, Resistant Starch, and Others), By Raw Material (Corn, Wheat, Cassava, Potato, and Others), By Function (Stabilizers, Thickeners, Binders, Emulsifiers, and Others), and By Application (Animal Feed, Food & Beverages, Paper-making, Weaving & Textiles, Pharmaceuticals, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-modified-starch-market-by-product-type-starch-593
Market Segment Dominance:
Corn is a staple food in many regions across the globe owing to the importance of a healthy diet. Thus, the market for modified starch is gaining a lot of popularity. The cornstarch is widely used in soups and liquid-based foods such as sauces, gravies, and custards as a thickening agent. Moreover, the use of cornstarch in various foods will further boost the market growth of the corn.
Thickeners are expected to hold the majority of the market share during the forecast period owing to the increasing of modified starch to thicken gravies, puddings, sauces, and soups without changing the taste. The rising indulgence among the consumers is bolstering the growth of the thickeners category in the Modified Starch market.
The food & beverage category is expected to exhibit the highest growth during the forecast period. The growing demand for ready-to-eat food is likely to boost the Modified Starch market as those foods are coated with starch as an additive. The use of starch in the food & beverage industry is surging owing to its functional applications such as flavoring agent, temperature stability, texture enhancer, shear ability, fat replacer, and nutritional value.
Regional Dominance:
High growth is expected in the Asia Pacific modified starch market
The Asia Pacific is projected to be the fastest-growing market due to the rise in disposable income and a high demand for easy-to-eat & processed food. In addition to this, the growing food industry, high demand for modified starch, processing technologies of starch, and availability to modified starch is fuelling the Modified Starch market in Asia Pacific regions.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 10.80 Billion |
Projected Market Size in 2026 |
USD 14.75 Billion |
Growth Rate |
CAGR 5% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Ingredion Incorporated, Tate & Lyle Plc., Archer Daniels Midland Company, Cargill, Avebe U. A., Roquette Frères, Grain Processing Corporation, AGRANA Beteiligungs-AG, Qingdao CBH Co., Ltd., Global Bio-Chem Technology Group Company Limited, Emsland-Stärke GmbH, SMS Corporation Co. Ltd., and SPAC Starch Products Pvt. Ltd. |
Key Segment |
By Product Type, By Raw Material, By Function, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Key Market Players:
Some of the key players of the global Modified Starch market include Ingredion Incorporated, Tate & Lyle Plc., Archer Daniels Midland Company, Cargill, Avebe U. A., Roquette Frères, Grain Processing Corporation, AGRANA Beteiligungs-AG, Qingdao CBH Co., Ltd., Global Bio-Chem Technology Group Company Limited, Emsland-Stärke GmbH, SMS Corporation Co. Ltd., and SPAC Starch Products Pvt. Ltd.
This report segments the global Modified Starch market as follows:
Global Modified Starch Market: Product Type Segmentation Analysis
- Starch esters & ethers
- Resistant
- Cationic
- Pre-gelatinized
- Others
Global Modified Starch Market:Raw Material Segmentation Analysis
- Corn
- Cassava
- Wheat
- Potato
- Others
Global Modified Starch Market: Function Segmentation Analysis
- Stabilizers
- Thickeners
- Emulsifiers
- Binders
- Others
Global Modified Starch Market: Application Segmentation Analysis
- Food & Beverage
- Animal Feed
- Paper
- Pharmaceuticals
- Textiles
- Others
- Food & Beverage
- Animal Feed
- Paper
- Pharmaceuticals
- Textiles
- Others
- Paper-making
- Pharmaceuticals
- Weaving &Textiles
- Others
Global Modified Starch Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Us:
Facts & Factors
Global Headquarters
Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450
Email: [email protected]
Web: https://www.fnfresearch.co
