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Modified Starch Market Report to Share Key Aspects of the Industry with the Details of Influence Factors and Key Players: Ulrick and Short, Penford Corp, SPAC STARCH PRODUCTS and More

06-13-2019 07:58 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Modified Starch Market

Modified Starch Market

According to a new report published by Allied Market Research, titled, Modified Starch Market by Raw Material, Type, Application, and Function: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global modified starch market was valued at $7,995 million in 2016, and is projected to reach $10,700 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. The food & beverage application segment accounted for more than half of the global market in 2016.

Modified starch‐™s versatility in different processing conditions and environment provides it stability and resistance from extreme conditions, making it useful for a wide range of applications.

In 2016, North America and Asia-Pacific collectively accounted for more than half of the global modified starch market, and are expected to grow at the significant CAGRs during the forecast period. Asia-Pacific is expected to possess the highest CAGR, owing to the ongoing developments and high growth rate of food & beverage, pharmaceuticals, textile, and paper-making industries in this region.

Download Sample PDF Brochure of Modified Starch Market at: https://www.alliedmarketresearch.com/request-sample/3936

The major companies profiled in the report include Archer Daniels Midland Company, Avebe U.A., Cargill Incorporated, Emsland-Strke GmbH, Global Bio-Chem Technology Group Company Limited, Grain Processing Corporation, Ingredion Incorporated, Roquette Frres, Tate & Lyle PLC, and Universal Starch Chem Allied.

Modified starches are treated materials or additives obtained from different botanical sources such as maize, wheat, cassava, potato, and others. These can be transformed into various functional forms based on the required application; thus, they are preferred over native starch as the latter has limited functionalities. The most common chemical technique employed in the manufacturing of modified starch includes treating the crude starch with acids, sodium hydroxide, or potassium hydroxide. The physical treatment of starch to make it modified usually involves heat-moisture treatment, annealing, and pre-gelatinization.

Modified starch is mainly applicable in the food & beverage and paper-making industries.
The factors that drive the global modified starch market include growth in consumption in convenience food; facilitated modification of its functional properties; increase in usage in pharmaceutical, cosmetics, and paper industries.

However, presence of possible alternatives of modified starch in the market and volatility in raw material prices may hamper the market growth. The new & potential sources of modified starch and its untapped applications present numerous opportunities for market de.

Based on raw material, the market is divided into maize, cassava, potato, wheat, and others. Maize is considered as the main raw material for manufacturing modified starch, occupying nearly half of the market share in terms of volume. Wheat, cassava, and potato are some other widely used raw materials for modified starch.

Based on application, the market is classified into food & beverages, animal feed, paper-making, weaving & textiles, pharmaceuticals, and others. The food & beverages application is the largest application segment, covering more than half of the market share. Moreover, paper-making and pharmaceuticals are the other main applications of the market, growing at significant growth rates.

Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/3936

Key Benefits :

• This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global modified starch market.
• Comprehensive analysis of factors that drive and restrict the market growth is provided.
• Detailed analysis of the industry based on the type and distribution channel help understand the trending product type and other potential variants.
• Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
• Extensive analysis is conducted by following key product positioning and monitoring of top players within the market framework.

Contact:

David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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