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Modified Starch Market By Raw Material, Function, Application, And Region - Global Forecast To 2031
The global Modified Starch market report by the business research company identifies increasing investment in the modified starch industry to be a major growth driver for the Modified Starch market. Large players are investing in the modified starch industry to meet the demand due to the increasing consumption of modified starch in various applications, including food and beverage, paper, pharmaceuticals, textiles, and other applications. For instance, in 2020, Cargill, a privately held American global food corporation, invested $100 million in its sweetener plant, PT. Sorini Agro Asia Corporindo, in Surabaya, Indonesia, to build a wet corn mill and add a starch dryer to better serve the growing customer demand for corn-based starches, sweeteners, and animal feed ingredients in the region. Therefore, the increasing investment in the modified starch industry is expected to propel the growth of the modified starch market.The global modified starch market size is expected to grow from $10.82 billion in 2021 to $11.39 billion in 2022 at a compound annual growth rate (CAGR) of 5.3%. The global modified starch market size is expected to grow to $13.92 billion in 2026 at a CAGR of 5.2%.
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Asia-Pacific was the largest region in the modified starch market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global modified starch market during the forecast period. The regions covered in the modified starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the modified starch market are Archer Daniel Midlands Company, Cargill, Ingredion Incorporated, Tate & Lyle, Avebe U.A., Royal Ingredients Group, Emsland, Grain Processing Corporation, AGRANA, SMS Corporation, Global Bio-Chem Technology Group Company Limited, SPAC Starch Products (India) Ltd., Qindao CBH Co. Ltd., Tereos, and KMC.
The countries covered in the modified starch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The global modified starch market is segmented -
1) By Type: Cationic Starch, Etherified Starch, Resistant Starch, Pre-Gelatinized
2) By Raw Material: Potato, Corn, Cassava, Wheat, Others
3) By Application: Food and Beverages, Animal Feed, Paper-Making, Weaving and Textiles, Pharmaceuticals, Others
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The Modified Starch Market Report Contents Include
1. Executive Summary
2. Modified Starch Market Characteristics
3. Modified Starch Market Trends And Strategies
4. Impact Of COVID-19 On Modified Starch
5. Modified Starch Market Size And Growth
....
26. Africa Modified Starch Market
27. Modified Starch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Modified Starch Market
29. Modified Starch Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the modified starch market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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