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Potential Benefits of Using Organized Wheat Starch Are Driving the Demand in the Market - Fact.MR
Modified Wheat Starch Market Forecast and CAGRAccording to latest research by FACT.MR, modified wheat starch market is set to witness steady growth with a 5.7% CAGR during 2021-2031. With an increase in the working-class population, demand for modified wheat starch in the manufacture of bakery products. The market development is largely due to the rising desire for convenience meals such as RTC and RTE food items.
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Modified Wheat Starch: Market Segmentation
Based on type, the global modified wheat starch market can be segmented as:
Organic Starch
General Starch
Based on application, the global modified wheat starch market can be segmented as:
Drug Formulation
Paper Industry
Food And Beverage Products
Confectionery
Beverages
Processed Food
Others
Cosmetics
Animal Feed
Swine Feed
Poultry Feed
Other Feed
Industrial Applications
Based on the distribution channel, the modified wheat starch market can be segmented as:
B2B (Direct Sales)
B2C (Indirect Sales)
Store-based Retailing
Supermarket/Hypermarket
Convenience Stores
Groceries
Speciality Stores
Others
Based on the region, the global modified wheat starch market can be segmented as:
North America
U.S. and Canada
Latin America
Mexico, Brazil, Peru, Chile, and others
Western Europe
Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
Eastern Europe
Poland and Russia
Asia Pacific
China, India, Japan, ASEAN, Australia, and New Zealand
The Middle East and Africa
GCC, Southern Africa, and North Africa
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Modified Wheat Starch Market: Key Players
Some key manufacturers operating the business in the modified wheat starch market globally includes
Tereos Syral Starch Products
Global Bio-Chem Technology Group
Siam Modified Starch Co., Ltd.
Universal Starch-Chem Allied Ltd.
Penford Corp. Industrial Starch
Sudzucker Group, Avebe U.A.
Tate & Lyle Speciality Food Ingredients
Grain processing Corporation
Emsland-Starke GmbH
Cargill Incorporated
Chemstar Products Company
ADM Corn Processing
Ingredion Food
U.S. and Canada Demand Outlook for Modified Wheat Starch Market
U.S. holds a significant share in the modified wheat starch market. It is used as a clouding, stabilizing thickening and glazing agent. Furthermore, it can also be used for binding and moisture retention.
Modified wheat starch is used in snacks, sauces, meat alcoholic beverages, ready meals, bakery products, dairy products (such as cheese), sugar confectioneries, soups, pasta, and seafood (such as surimi). With all these benefits U.S. and Canada are creating a huge opportunity for the modified wheat starch market.
Europe Demand Outlook for Modified Wheat Starch Market
Europe is anticipated to gain high traction in the Modified Wheat Starch market. It is primarily utilized in gluten-free food products, which are mostly consumed by gluten-intolerant people, and it can also be used as a fat substitute in a range of foods.
The growing demand for modified wheat starch as a better gelling agent in a variety of meat products, several companies are offering healthier different products. As a result, throughout the projected period, the modified wheat starch market is predicted to develop significantly in European regions.
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