Modified Starch Market, A Promising Future AHead

The global modified starch market size is expected to be valued at USD 10.73 thousand units in 2024 and reach USD 13.12 thousand units by 2029, growing at a CAGR of 4.10% from 2024 to 2029.

Global Modified Starch Market Report Scope:
• Market Size (2029): USD 13.12 thousand units
• Market Size (2024): USD 10.73 thousand units
• CAGR (2024 to 2029): 4.10%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Raw Material, Application, Function, & Country
• Geographies Covered: North America, Europe, Asia Pacific, South America, Middle East & Africa
• Key Market Players Profiled: Avebe UA, Archer Daniels Midland Company, Tate & Lyle PLC, Cargill Incorporated, Global Bio-Chem Technology Group Company Limited, Penford Corp, Ulrick and Short Ltd, Angel Starch & Food Pvt, Sanstar Bio-Polymers Ltd, Honest Derivatives Pvt. Limited, AGRANA Strke GmbH, Roquette Freres, Ingredion Incorporated, Universal Starch Chem Allied

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Modified starch has superior properties in many applications. For instance, modified starch has huge importance in the paper industry, where it is used in laminating paper to paper applications. As starch paste is a major raw material in the paper industry, the significance of the use of modified starch is growing enormously these days. Modified starch is one of the best ingredients for enhancing the quality of food and beverages with its immense properties. A growing number of working women is anticipating the demand for ready-to-eat food products. Modified starch is used as a useful component in manufacturing excellent ready-to-eat food products. Therefore, the rising demand for processed food is proportionally enhancing the growth rate of the modified starch market. The penetration of advanced technological developments that are introducing a variety of textiles using modified starch in the textile industry is accelerating the growth rate of the market. Modified starch acts as a finishing agent for cotton and rayon fabric that removes wrinkles and gives the fabric a glossy appearance.

Stringent rules and regulations to strictly prohibit the use of plastics and the increasing prevalence of the use of eco-friendly paper-made products for packaging and others are greatly influencing the market value. New initiatives to curb plastic pollution by government authorities across the world are set to promote the demand for paper bags that are environmentally friendly and can be recycled one hundred percent without emitting any toxic or poisonous gas. With the new norms by government authorities, the demand to use paper bags is even more increasing day by day, which is adding a preference to increase the production rate of paper.
Shifting the trend towards e-commerce platforms is one of the advantages for the market to grow eventually. Increasing demand for online shopping across the world is likely to boost the market share in the coming years. Online shopping mostly follows paper packaging, which eventually levels up the demand for modified starch.

However, a lack of standardization is impeding the growth rate of the modified starch market. Easy availability of alternate products like gum Arabic at a lower cost is likely to restrain the market value. The reports from the sources confirm that the demand for the use of gum Arabic is growing due to its stability in the beverage industry. Additionally, difficulty in supplying sufficient raw materials is eventually increasing the cost of the final products, which is solely to hinder the growth rate of the market.
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Key Insights from The Report:

• By Raw Material, The corn segment based on raw materials is foreseen to witness continued demand in the future. Corn is a staple food and is preferred worldwide due to its importance in the diet of many countries. Therefore, the fertilized corn starch market was the largest. Corn starch is also widely used in many food applications, further promoting market growth in the segment. One of the most important uses of cornstarch is to use it as a concentrate in liquid foods such as soups and sauces, gravy, and custard.

• Based on Application, According to the application, the food and beverage sector is expected to grow faster during the forecast period. The food and beverage industry is expected to grow significantly in the coming years and lead the modified starch market. In the food sector, modified starch is used for functional applications as fat substitutes, texture improvers, nutritional products, high shear capacity, and temperature stability.

• Based on Function Depending on function, thickeners accounted for most of the global modified starch market. The growth of the food industry and the increased indulgence of people are some of the main reasons that drive growth in this sector. In the food industry, thickeners are generally used to thicken sauces, puddings, sauces, and soups without changing their flavor.

• North America has led the global market and has maintained a market share of over 40%. Canada is the second-largest contributor to the North American market due to increased demand for products in the animal feed sector. As awareness of the benefits of eating low-fat foods increases, one of the US producers of corn and corn starch is expected to fuel demand for fuel products in the region. To encourage investment in modified starch products and industries, government policies favorable to agricultural trade have created new growth opportunities in the Asia Pacific region. The Asia-Pacific region has been an important part of world production, with high levels of development in emerging economies. Countries such as India, China, Japan, Korea, and Taiwan are the main contributors to GDP and, to some extent, depend on the agricultural sector for economic growth. The textile industry in the Asia Pacific region is also expected to have a positive impact on the global market.

• Avebe UA, Archer Daniels Midland Company, Tate & Lyle PLC, Cargill Incorporated, Global Bio-Chem Technology Group Company Limited, Penford Corp, Ulrick and Short Ltd, Angel Starch & Food Pvt, Sanstar Bio-Polymers Ltd, Honest Derivatives Pvt. Limited, AGRANA Strke GmbH, Roquette Freres, Ingredion Incorporated, Universal Starch Chem Allied
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SEGMENTATION INCLUDED IN THIS REPORT:

By Raw Material:
• Potato
• Cassava
• Corn
• Wheat

By Application:
• Bakery & Confectionery
• Beverages
• Processed Foods

By Function:
• Thickeners
• Stabilizers
• Binders
• Emulsifiers

By Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Browse Regional Reports:

North America Modified Starch Market - Segmented By Raw Material, Application, Function & Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-modified-starch-market

Europe Modified Starch Market Research Report - Segmented By Raw Material, Application, Function and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-modified-starch-market

APAC Modified Starch Market Research Report - Segmented By Raw Material, Application, Function & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/asia-pacific-modified-starch-market

Latin America Modified Starch Market Research Report - Segmented By Raw Material, Application, Function & Country (Brazil, Argentina, Chile, and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, & Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/latin-america-modified-starch-market

Middle East & Africa Modified Starch Market Research Report - Segmented By Raw Material, Application, Function & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2024 to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-modified-starch-market

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year, and Forecast Periods

2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline

3. Report Overview
3.1 Executive Summary
3.2 Key Inferences

4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations

6. Market Segmentation
6.1 Modified Starch Market, By Raw Material
6.1.1 Potato
6.1.2 Cassava
6.1.3 Corn
6.1.4 Wheat
6.1.5 Market Size Estimations & Forecasts (2024-2029)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Modified Starch Market, By Application
6.2.1 Bakery & Confectionery
6.2.2 Beverages
6.2.3 Processed Foods
6.2.4 Market Size Estimations & Forecasts (2024-2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Modified Starch Market, By Function
6.3.1 Thickeners
6.3.2 Stabilizers
6.3.3 Binders
6.3.4 Emulsifiers
6.3.5 Market Size Estimations & Forecasts (2024-2029)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index

7. Geographical Landscape
7.1 Global Identity Governance and Administration Market by Region
7.2 North America - Market Analysis (2024-2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Raw Material
7.2.3 By Application
7.2.4 By Function
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Raw Material
7.3.3 By Application
7.3.4 By Function
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Raw Material
7.4.3 By Application
7.4.4 By Function
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Raw Material
7.5.3 By Application
7.5.4 By Function
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Raw Material
7.6.3 By Application
7.6.4 By Function

8. Key Player Analysis
8.1 Archer Daniels Midland Company
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Tate & Lyle PLC
8.3 Cargill Incorporated
8.4 Global Bio-Chem Technology Group Company Limited
8.5 Ulrick and Short Ltd
8.6 Penford Corp
8.7 Angel Starch & Food Pvt
8.8 Sanstar Bio-Polymers Ltd
8.9 Honest Derivatives Pvt. Limited
8.10 Ingredion Incorporated

9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm in market research, business intelligence, and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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