Modified Starch Market Size to grow by USD 4250 million between 2024-2028
According to a research report “ Modified Starch Market” by Type (Dry, Liquid) End-user (Food and beverage, Textile and paper, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 4250 million, at a CAGR of 5.97% during the forecast period. The global modified starch market is experiencing significant growth due to its widespread utilization as a functional ingredient in the food industry. Modified corn starch, in particular, is highly valued for its superior thickening capabilities, which enables it to replace traditional high-calorie sugars and high-cholesterol eggs in various food applications. This attribute is especially appealing to health-conscious consumers and chefs worldwide. Moreover, the unique property of modified starch to thicken without heat makes it an ideal solution for a broad range of food products, including gravies, sauces, and soups..
Browse market data tables, figures, and in-depth TOC on “Modified Starch Market” by Type (Dry, Liquid) End-user (Food and beverage, Textile and paper, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Type, the Dry segment is projected to dominate the market size in 2024
The modified starch market is experiencing significant growth due to increasing demand from various industries, particularly food and beverage, pharmaceuticals, and paper. These sectors value modified starches for their unique properties, such as improved texture, stability, and functionality. Suppliers are investing in research and development to expand their product offerings and meet evolving customer needs. The market is expected to continue its upward trajectory, driven by technological advancements and rising consumer awareness of healthier food alternatives.
By End-user, Food and beverage segment is expected to hold the largest market size for the year 2024
The modified starch market witnesses significant growth due to its extensive applications in various industries, including food and beverage, pharmaceuticals, and paper. Its unique properties, such as improved texture, stability, and shelf life, make it a preferred choice over conventional starches. Key market drivers include increasing demand for convenience food, rising health consciousness, and government regulations favoring modified starches. Companies are investing in research and development to innovate new products and expand their market share.
North America is forecasted to hold the largest market size by region in 2024
The modified starch market is experiencing significant growth due to increasing demand from various industries, particularly food and beverage, pharmaceuticals, and paper. These sectors value modified starches for their improved functionalities, such as thickening, binding, and stabilizing properties. Suppliers are investing in research and development to expand their product offerings and meet the evolving needs of customers. The market is expected to continue its upward trajectory, driven by technological advancements and rising consumer awareness of healthier food alternatives.
The Modified Starch Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Modified Starch Market encompasses a wide range of applications, from Textiles as a sizing agent, to Mosquito coils as a binder, and Bioethanol production as a feedstock. In Caribbean cuisine, Cassava and Tapioca starch are commonly used, but their bland taste requires modification for various food applications. Rice, Wheat, Corn, and other commodity sources are also used as feedstocks for Modified Starch production. Modifications include altering viscosities, cost, strength, and adhesive performance for tailor-made ingredients in Cosmetics and Bioplastics. Formulation adjustments create Emulsifiers, Fat replacers, and Texture agents for the Food industry. Modified Starches are also used in the Paper industry as binders and coating agents. Processing technology plays a crucial role in Modified Starch production, with native starch being the primary raw material. The choice of modification techniques, such as acetylation, cross-linking, and phosphorylation, significantly impacts the final product's properties. The versatility of Modified Starches continues to expand, offering endless possibilities for various industries.
Market Research Overview
The Modified Starch Market is experiencing significant growth due to the increasing demand for tailor-made ingredients in various industries. Key players in this market include Starpro and Roquette Freres, along with Ingredion Incorporated. The retail landscape is also driving the market, with the textiles industry utilizing modified starches for various applications such as emulsifiers, stabilizers, and thickeners in sauces and condiments. The production capacity of modified starch is expanding to meet the demands of the food and beverage industry, particularly in the production of convenience foods and processed items. The market is also being driven by urbanization and a rising population, leading to increased demand for bio-based materials in various industries, including construction, detergent manufacturing, adhesives, and chemicals. The clean label trend and shifting dietary patterns are also influencing the modified starch market, with a focus on using environmentally friendly and sustainable raw materials such as cassava, rice, tapioca, wheat, corn, and other commodity sources. The market is also seeing growth in the production of bioplastics, biodegradable films, lactic acid, glucose, and other carbohydrates for use in various industries. The market for modified starch is diverse, with applications in the food and beverage industry, paper industry, and various industrial applications. The market is competitive, with both large firms such as Ingredion Incorporated and medium-sized firms competing for market share. The market is also influenced by factors such as viscosities, cost, strength, and adhesive performance. In addition to its use in food and industrial applications, modified starch is also used in the production of bioethanol products, cosmetics, and hormones, vitamins, antibiotics, organic acids, and biotechnological products as a fermentation base. The market is expected to continue growing as the global economy recovers and the demand for sustainable and tailor-made ingredients increases. However, the bland taste of modified starch in Caribbean cuisine and the competition from native starch may pose challenges to market growth.
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