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Modified Starch Market Comprehensive Study 2018: Archer Daniels Midland Company, Cargill, Ingredion Incorporated, Tate & Lyle, Roquette, Avebe, Emsland Group, AGRANA Group, Sms Corporation, Ingredion Incorporated, Grain Processing Corporation
Global Modified Starch Market
Global Modified Starch Market was valued at USD 9.93 billion in 2017 growing at a CAGR of 4.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Modified starches are formed by physicochemical changes in the structure of native starch by the treatment with heat, alkalis, enzymes and acids. This helps in improving water holding capacity, heat resistance and thickening property. Raw material of modified starch is maize, potato, wheat, cassava. Modified starch is used in food and beverages industry, stabilizing agents, emulsifying agent due to its gluten free properties. Modified starch has wide application in animal feed, textile, cosmetic, pharmaceutical and other. According to The State of the Specialty Food Industry, food industry continues to grow at a strong clip with Dollar sales hit USD 127.0 billion, a 15.0% jump was seen in total sales between 2014 and 2016. As per the ACS Chemical Neuroscience, in 2016, in U.S., the global pharmaceutical industry was stated to be USD 446 Billion alone. Thus the above factor proves that the food and beverages industry and pharmaceutical industry is growing and will raise the demand for modified starch.
Competitors/Players:
• Archer Daniels Midland Company
• Cargill
• Tate & Lyle PLC
• Roquette Frères
• Avebe U. A.,
• Grain Processing Corporation,
• Emsland- Stärke GmbH,
• Agrana Beteiligungs-AG,
• Sms Corporation Co. Ltd,
• Global Bio-Chem Technology Group Company Limited,
• Spac Starch Products (India) Ltd.,
• Qingdao Cbh Co., Ltd,
• Ingredion Incorporated,
• Among others.
Competitive Analysis: Global Modified Starch Market
The global modified starch market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of modified starch market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
• Increasing consumption of processed and convenience food.
• Functional properties of modified starch and their ease of incorporation in a wide range of food applications.
• Growing demand for adhesives in a range of industrial applications.
• Emerging markets in Asia Pacific and Africa.
• Potential alternative sources of modified starch.
Key Highlights of Report
• Overview of key market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics.
Market Segmentation: Global Modified Starch Market
The modified starch market is segmented based on,
• raw material,
• application,
• function
• geographical segments.
Based on raw material, the market is segmented into
• corn,
• cassava,
• potato,
• wheat
• others.
On the basis of application, the market is classified into
• food & beverages,
• animal feed,
• industrial.
The food & beverages segment is further segmented into
• bakery & confectionery products,
• beverages,
• processed foods
• other food & beverage application.
The animal feed segment is further segmented into
• swine feed,
• ruminant feed,
• poultry feed,
• and other animal feed applications.
The industrial segment is further segmented into
• medicines & pharmaceuticals,
• papermaking,
• cosmetics,
• weaving & textiles
• others.
Based on function, the market is segmented into
• thickeners,
• stabilizers,
• binders,
• emulsifiers
• others.
Based on geography the modified starch market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Europe,
• Asia-Pacific and,
• Middle East & Africa.
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavorsto provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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