Global Modified Starch Market
Global modified starch market by product (etherified starches, esterified starches, pregelatinized starches, resistant starches (RS), others), by source (corn, cassava, potato, wheat, others), by end user (animal feed, food and beverages, personal care products, others), by region (North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America), outlook & forecast, 2023-2029
Modified starches are based on starch extracted from grains and vegetables, such as wheat, maize, potatoes. This starch has subsequently been improved to develop specific characteristics, such as the ability to bring texture and structure to the food to which they are added. Depending on the process, starches can get specific functionalities that are beneficial for example in certain food preparation techniques. Modified starches are used as thickeners in a broad range of product areas such as batters and breadings, dairy and dessert products, soups and sauces, confectionery, dressings and confectionery. Modified starches are also produced for use in personal care applications such as color cosmetics, baby powder, APDO and skin care. A small percentage of modified starches are also used in the animal feed industry as a source of energy, in order to thicken and stabilize animal feed. The global modified starch market size is projected to grow by USD 4.9 billion from 2023 to 2029, registering a CAGR of 5.2 percent, according to the latest market data.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global modified starch market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, source, end user, and region. The global market for modified starch can be segmented by product: etherified starches, esterified starches, pregelatinized starches, resistant starches (RS), others. In 2022, the etherified starches segment made up the largest share of revenue generated by the modified starch market. Modified starch market is further segmented by source: corn, cassava, potato, wheat, others. The corn segment was the largest contributor to the global modified starch market in 2022. Based on end user, the modified starch market is segmented into: animal feed, food and beverages, personal care products, others. The food and beverages segment is estimated to account for the largest share of the global modified starch market. On the basis of region, the modified starch market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest share of the global modified starch market in 2022 and is anticipated to hold its share during the forecast period.
The food and beverages market is further segmented into bakery and confectionery, beverages, dairy products, meat and meat analogues, soups, sauces and dressings, others. Among these, the bakery and confectionery segment was accounted for the highest revenue generator in 2022.
By product: etherified starches, esterified starches, pregelatinized starches, resistant starches (RS), others
By source: corn, cassava, potato, wheat, others
By end user: animal feed, food and beverages, personal care products, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global Modified Starch Market, including Agrana Beteiligungs AG, Archer Daniels Midland Company, BENEO GmbH, Cargill Incorporated, Global Bio-chem Technology Group Company Limited, Grain Processing Corporation (GPC), Groupe Emsland, Ingredion Incorporated, Japan Corn Starch Co., Ltd., Kent Corporation, KMC Kartoffelmelcentralen Amb, PT Budi Starch & Sweetener Tbk, Roquette Frères SA, Samyang Genex Corporation, Siam Modified Starch Co., Ltd., SMS Corp., Tate & Lyle plc, The cooperative Royal Avebe U.A., Ulrick & Short Limited, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global modified starch market.
• To classify and forecast the global modified starch market based on product, source, end user, region.
• To identify drivers and challenges for the global modified starch market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global modified starch market.
• To identify and analyze the profile of leading players operating in the global modified starch market.
Why Choose This Report
• Gain a reliable outlook of the global modified starch market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
Global Modified Starch Market