Modified Starch Market Poised to Garner Maximum Revenues by 2030 | ADM, Ingredion, Tate & Lyle, Roquette Frres., Avebe
Modified starch is produced by treating the native starch to modify its properties physically chemically, or enzymatically. Modified starch is practically used in all the starch applications, such as stabilizer, thickening agent, disintegrant, as emulsifier, in pharmaceuticals, as well as a binder in a coated paper. This starch is modified in order to increase and enhance their applications. They are also modified to enhance their stability against excessive shear, heat, acid, cooling, time, or freezing. In addition, modification of starch can also be done to change their texture, to increase or decrease viscosity, to shorten or lengthen the time required for gelatinization, or to enhance their visco-stability. In the food industry, the modified starch is obtained from the vegetables and grains, which is treated in order to maintain the structure and texture of the food. This type of starch is widely used in food stuff that needs to be micro-waved, cooked at high temperatures, freeze-dried, or fried and baked.Avail sample copy of report (for early services, use business email id) @ https://www.marketindustryreports.com/pdf/159
Top Players:
Some of the prominent players in the global modified starch market include Cargill, Incorporated., ADM, Ingredion, Tate & Lyle, Roquette Frres., Avebe, SMA Corporation, SAMYANG HOLDINGS CORPORATION, BENEO and Sonish Starch among others.
The global modified starch market was estimated to be over US$ 10.6 billion in 2019. It is anticipated to grow at a CAGR of 3.6% from 2019 to 2030.
The modified starch market is witnessing fluctuations due to the outbreak of COVID-19 pandemic. The demand for ready-made food that need to micro-waved, baked, fried, or need to be cooked at higher temperatures. Producers are experiencing significant reduced demand for modified starch. However, this demand is anticipated to grow over the forecast period after the end of pandemic due to market stabilization, rising demand for specific types of foods, and reduced panic among public.
Market Growth:
The wide range of application of modified starch is one of the major fuelling the growth of the global modified starch market. Modified starch is used in textiles industry, paper making, food & beverage industry and pharmaceutical industries, among others. The application of this product is generally preferred in the food & beverage industry as it does not change the flavor when added in food products or beverages. Similarly, modified starch is also used in textile industries for processing or finishing of clothing materials, as it acts as a good binding agent, moreover helps in increasing stiffness as well as flexibility of the fabric.
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Market Segmentation:
Modified Starch Market By Raw Material:
Corns,
Cassava,
Potato
Wheat
Modified Starch Market By Modification Type:
Physical Modification,
Chemical Modification
Resistant Starch
Modified Starch Market By Function:
Thickeners,
Stabilizers,
Binders
Emulsifiers
Modified Starch Market By Application:
Food & Beverages,
Animal Feed
Industrial
Table of Contents
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecasted Years - 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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