Modified Starch Market Will Reach USD 14.98 Billion By 2026 | Grain Processing Corp., SPAC Starch Products, Qingdao CBH Co., Ltd., etc.

The Modified Starch Market is forecasted to grow from USD 10.32 Billion in 2018 to USD 14.98 Billion by 2026, at a CAGR of 4.6%, during the forecast period. The market is primarily driven due to its use in numerous applications including food & beverage, paper, pharmaceuticals, textiles and other applications such as coatings, adhesives and biodegradable polymers. Growing health and nutrition concerns along with changing preference for healthy appetite are also likely to be a major driving factor for the market.

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The major players in the market are Cargill (US), Tate & Lyle (UK), Archer Daniels Midland (US), Ingredion Inc. (US), Grain Processing Corp. (US), Emsland-Strke GmbH (Germany), Global Bio-Chem Technology Group Co. Ltd. (Hong Kong), SPAC Starch Products (India), Qingdao CBH Co., Ltd. Company (China), Roquette Frres (France) and others.

Increasing demand for convenience food and rapidly developing pharmaceutical industries, especially in the Asia Pacific region, are expected to drive global market growth. With several companies concentrated in North America, Europe, and Asia Pacific, the market is highly competitive and fragmented in nature.

Maltodextrin's rising popularity also drives the modified starch market. On the other hand, the key factors hampering this market's growth are higher raw material costs and high R&D costs. This shows that there is an enormous scope for the global growth of the modified starch market.

Further key findings from the report suggest

o The Modified Starch Market is forecasted to grow from USD 10.32 Billion in 2018 to USD 14.98 Billion by 2026, at a CAGR of 4.6%, during the forecast period. The market is primarily driven due to its use in numerous applications including food & beverage, paper, pharmaceuticals, textiles and other applications such as coatings, adhesives and biodegradable polymers. Growing health and nutrition concerns along with changing preference for healthy appetite are also likely to be a major driving factor for the market.

o The market for corn is expected to grow the largest at USD 4.04 Billion in 2026, at a CAGR of 5.6% during the forecast period. Corn is a staple food, preferred throughout the globe because of its importance in several countries diets. It is widely used in soups and liquid-based foods such as sauces, gravies, and custards as a thickening agent.

o The market for thickeners is estimated to reach USD 4.34 Billion in 2026, at a CAGR of 5.5% during the forecast period. Modified starch as a thickener intensifies the liquid's viscosity without changing its other properties significantly. In the F&B industry, it is widely consumed, particularly in sauces, puddings, gravies and soups, without altering the taste. It is also very useful for emulsifying end-use products in different industries, particularly in products containing flavored oils from F&B...Continued

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Segments covered in the report:

This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of type, raw material, function, application and regional analysis.

Type (Kilo Tons) (Revenue, USD Million; 2016-2026)
Cationic Starch
Etherified Starch
Esterified Starch
Resistant Starch
Pre-gelatinized

Raw Materials (Kilo Tons) (Revenue, USD Million; 2016-2026)
Corn
Cassava
Wheat
Potato
Yam
Others

Function (Kilo Tons) (Revenue, USD Million; 2016-2026)
Thickeners
Stabilizers
Binders
Emulsifiers
Others

Application (Kilo Tons) (Revenue, USD Million; 2016-2026)

Food & beverages
o Bakery & confectionery
o Beverages
o Processed-foods
o Others

Industrial
o Paper-making
o Pharmaceuticals
o Cosmetics
o Textiles
o Others (foundry, adhesives, detergents and cardboard manufacturing)

Animal feed
o Swine feed
o Ruminant feed
o Poultry feed
o Others

Region (Kilo Tons) (Revenue, USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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In conclusion, the Modified Starch Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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