Modified Starch Market by Industry Growth Analysis Report with CAGR of 3.4% during Forecast Period 2020 to 2025

Modified starch are the starch extracted from vegetables and grains which are treated to improve its ability to keep the structure and texture of the food intact. The physical modification, enzymatic modification and chemical modification are three different ways of modifying starch. Furthermore, to enhance its properties particularly in specific applications such as to improve the increase in water holding capacity, reinforce its binding, heat resistant behavior and improved thickening are the purposes of this modification. Whereas, modified starches contain of starch with low to very low level of substituent group.

Global Modified Starch Market is Estimated to grow at a CAGR of 3.4% during the forecast period from 2020 to 2025.

Modified Starch Market Outlook:
The market for modified starch has witnessed significant growth by key factors such as Raising in consumption of processed and convenience food, Increasing demand for adhesives in a range of industrial applications and functional properties of modified starch and their ease of incorporation in a wide range of food applications. Furthermore, high investment in research and development activities in the development of innovative product has also impacted the growth of the market for modified starch.

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Modified Starch Market by Raw Material:
The modified starch market by raw material is segmented into corn, cassava potato and wheat. Among these, corn segment dominated the market in 2018, owing to its high starch content comparatively, than other sources and it is preferred across the globe due to its importance in the diets of several countries.

Modified Starch Market by Type:
On the basis of type, the modified starch market is segmented into cationic starch, etherified starch, esterified starch and resistant starch. The esterified starch segment dominated the modified starch market in 2018. Owing to their ability to enhance textures and storage stability.

Modified Starch Market by Function:
The various functions of the modified starch are covered in the report such as thickeners, stabilizers, binders and emulsifiers. Among these, the thickener segment accounted for the largest share in the modified starch market in 2018, which can be attributed to the extensive use of starch as a thickener or as a gelling agent in food products. However, to offer better quality, it appeared necessary in some cases.

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Modified Starch Market by Application:
The applications of the modified starch market is segmented into food & beverages, animal feeds paper-making, weaving & textiles and pharmaceuticals. The food & beverages segment is classified into confectionery, beverages, processed food, while the animal feed is segmented into swine feed, ruminant feed, poultry feed, and others.

Modified Starch Market by Geography:
The modified starch market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World, which includes Latin America, and Middle East & Africa. In which, the North America dominated the modified starch market in 2018. The well-developed food processing industries in the North American region are driving the market for modified starch. However, Asia-Pacific is anticipated to witness a faster growth rate, due to the growing textile and food processing industries, during the forecast period.

Modified Starch Market Key Players:
Key leading players operating in the modified starch industry are Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, Avebe U.A., Emsland- Stärke GmbH, Grain Processing Corporation, Global Bio-Chem Technology Group Company Limited, Agrana Beteiligungs-Ag. The modified starch industries has main focus on Research & development, as raw material is a major restraint. The companies are obtaining starch from various crops, such as wheat, potato and pea. For example, in July 2018, BENEO, launched its new Remypure S52 clean label rice starch at IFT 2018. This new ingredient, the second clean label native rice starch in the company’s portfolio, provides food manufacturers an opportunity to create unique textures and excellent product stability even under harsh processing conditions.

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