Modified Starch Market Is Projected To Reach USD 16.4 Billion By 2031, Recording A CAGR Of 3.3% During The Forecast Period

The global modified starch market is estimated to be valued at USD 13.9 billion in 2022. It is projected to reach USD 16.4 billion by 2031, recording a CAGR of 3.3% during the forecast period.

The Modified Starch Market report offers a deep dive assessment of the major trends influencing the expansion trajectory of Modified Starch Market. This research document is strategically curated with actionable insights on the pivotal aspects of the industry sphere to empower you with in depth market intelligence. It further includes a granular assessment of the geographical landscape and major segments to accurately determine the size and scope pertaining to Modified Starch Market. A comprehensive outlook of the competitive terrain, highlighting the prominent industry players is also entailed in this study.

The Modified Starch Market report incorporates a comparative analysis of the historical and present data to determine the overall industry valuation and other related variables over 2016-2030. It further explores crucial factors shaping the industry dynamics such as growth determinants, opportunities, and key restraints. You can use these comprehensive data to formulate efficient business centric strategies and meet your growth goals. The information incorporated in this business intelligence report is obtained from reliable sources and is analyzed using proven research methodologies.

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Some prominent players in the global modified starch market include:
• Emsland-Stärke GmbH
• Grain Processing Corporation
• Global Bio-Chem Technology Group Company Limited
• Ingredion Incorporated
• Roquette Frères
• ADM
• Agrana Beteiligungs AG
• Avebe U.A.
• Cargill, Incorporated
• Samyang Genex Corp.
• Beneo-Remy N.V.
• Siam Modified Starch Co., Ltd.
• China Essence Group Ltd.
• PT Budi Starch & Sweetener Tbk
• Tate & Lyle PLC
• ULRICK&SHORT
• KMC (Kartoffelmelcentralen) Amb
• Other Players

Segments
By Source
• Corn
• Wheat
• Cassava
• Potato
• Other Sources

By Type
• Etherified Starch
• Pre-gelatinized Starch
• Resistant Starch
• Esterified Starch
• Other Types

By Application
• Food and Beverage
o Bakery and Confectionery
o Beverages
o Dairy
o Meat and Meat Products
o Soups, Sauces, and Dressings
o Other Foods and Beverages
• Animal Feed
• Personal Care Products
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

Regional Insights:

The use of modified starch in various applications is a major contributor to the growth of the Asia-Pacific region. It helps thicken and stabilize foods, especially sauces. Therefore, with the growth of the market for sauces and condiments, the market for industrial starch is also growing rapidly. A burgeoning manufacturing sector, from textiles to cosmetics, is driving the demand for starch in the region. The rapidly growing processed food industry and consumer shift towards snack foods are driving the processed starch market in countries such as China and India. The food industry is the most profitable segment considering liberalized regulations on the use of modified starch in food manufacturing. The evolving retail environment, along with the participation of numerous global and local convenience food manufacturers, is expected to boost the demand in the modified starch market in the region.

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Natural starch's fundamental qualities can be altered by modified starch to suit the unique requirements of diverse industries. A wide range of applications have been made possible by modified starch's superior bulky water absorption, emulsifying, and thickening capabilities. Modified starches are now essential components in product formulations across a variety of industries because they function as texture modifiers, fat substitutes, and emulsifiers. Modified starches have been developed using cutting-edge processing techniques, making it feasible to produce components that are specifically designed to address a range of formulation issues.

For a variety of applications, modified starches offer the best adhesion performance and greater strength at a reasonable price. There are many different viscosities available to fulfil the needs of various applications and end uses. One of the most crucial basic resources for the paper industry is modified starch. The starch adhesive in paper-to-paper and poly-to-paper laminating is modified starch. A maximum of 8% of modified or unmodified starch is present in each sheet of paper. Modified starch is used in the industry for both wet end sizing and dry strength. Additionally, it serves as a water-retentive agent, binding the pulp together and enhancing the paper's surface. People are urged to use more paper bags due to the rise in soil degradation and animal ailments brought on by ingesting plastic bags. Paper sector growth is anticipated as a result of rising paper recycling rates and growing use of paper bags. This has grown to be a major market-driving factor for modified starch.

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• To understand the future outlook and prospects for the Modified Starch.
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