Global Modified Starch Market: Trends, Projections, and Applications

The global modified starch market, as highlighted in the research report titled "Modified Starch Market by Raw Material, End-User, Form, and Region - Global Forecast to 2027" by MarketsandMarkets, is poised for substantial growth. Estimated to be valued at USD 13.7 billion in 2022, the market is projected to reach USD 15.9 billion by 2027, reflecting a CAGR of 3.1% during the forecast period. The evolution of this market is influenced by macroeconomic and microeconomic factors across key countries, which are anticipated to play a significant role in driving value sales.

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The rise in demand for natural food ingredients has spurred the adoption of modified starch derivatives in the food industry. As consumers show a preference for clean-label and plant-based products, modified starch is finding increased utilization as a thickener and binder. These applications enhance the properties of modified starch, including smoothness, hardness, gloss, and whiteness.

The modified starch market extends its impact to various sectors. In the feed market, it plays a role as a milk replacer and energy source, contributing to livestock weight gain and digestibility improvement. The paper industry benefits from modified starch's functional properties, using it as an additive to enhance paper quality, strength, and surface properties.

North America emerges as a pivotal market player, with the US driving the region's growth. The US modified starch industry is witnessing technological advancements that expand its applications in different sectors, particularly in canned soups, confections, and ready-to-eat meals. Modified starch's functional properties contribute to its widespread use in food applications.

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Key players in this market include Tate & Lyle (UK), Emsland (Germany), Ingredion Incorporated (US), and Avebe (Netherlands).

The global modified starch market's trajectory is shaped by the convergence of evolving consumer preferences, technological advancements, and diverse applications across industries. With an expanding demand for natural and functional food ingredients, the market is poised for steady growth in the coming years.

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