Press release
Modified Starch Market Insights | Industry Outlook, Size, Growth Factors and Forecast To 2030
Modified Starch Market
The Global Modified Starch Market size is estimated to reach at USD 16.71 Bn. in 2030 grow at a CAGR of 3.1% over the forecast period and the market was valued at USD 13.49 Bn. in 2023.
Maximize Market Research, has published market intelligence and competitive landscape report on the Modified Starch Market published in June 2024. The report is a combination of primary data and secondary data and field experts have examined the Modified Starch Market.
๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Modified Starch Market is facing healthy growth due to the increasing demand for processed and suitability foods. Innovations in food processing and packaging are enhancing the use of improved starch. Cooked and ready-to-eat meals are becoming more predominant particularly in developed regions like North America and Europe. Modified starch is gaining popularity due to its versatility in food and beverage products as well as in other businesses like cosmetics and pharmaceuticals.
Two major companies have recently made headlines in the Modified Starch Market:
Cargill is expanding its modified starch production facilities in North America to address the growing demand in the food and beverage sectors.
Tate & Lyle has launched a new line of modified starches aimed at enhancing texture and stability in processed foods with the goal of increasing its market share.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
Growing convenience food consumption is one of the main factors driving the modified starch market then these foods need modified starch to improve texture and constancy. Growth in the market is also eased by government initiatives that promote agricultural production and technological progressions in food processing. But growth can be disadvantaged by issues including the competitiveness of other starch sources and the volatility of raw material costs, such as cassava. A large development opportunity is presented by the growing practice of modified starch in cosmetics and personal care products.
The Asia Pacific region leads the modified starch market with a 55.2% share in 2023 fueled by rapid industrialization and improved demand from various sectors including food, paper, and textiles. North America is facing steady growth due to its innovation in product development and consumer awareness of health benefits. The U.S. is the major player particularly in corn-based modified starch, while Canada's demand in the animal feed sector is prominent. Europe and other regions are growing more slowly but are expected to see a rise in demand as global trends continue to effect the market.
๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐:
Market Size in 2023 USD 13.49 Bn.
Market Size in 2030 USD 16.71 Bn.
CAGR 3.1% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 265
No. of Tables 110
No. of Charts and Figures 103
Segment Covered by Type, Raw Material, Application, and Function
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Modified Starch Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฒ ๐๐ฒ๐ฉ๐
Cationic starch
Etherified starch
Resistant starch
Pregelatinized starch
๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Maize
Cassava
Potato
Wheat
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food & Beverages
Animal feed
Industrial
๐๐ฒ ๐๐ฎ๐ง๐๐ญ๐ข๐จ๐ง
Thickness
Stabilizers
Binders
Emulsifiers
Others
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Cargill
Archer Daniels Midland
Tate & Lyle
Avebe U.A.
Cargill incorporated
Emsland strake GMBH
Global bio chem technology co ltd
Grain processing corporation
Ingredion incorporated
Lyckeby
Novidon
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐ข๐๐ข๐๐ ๐๐ญ๐๐ซ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is the current size of the global modified starch market?
Which are the major key players in the modified starch market?
What is the modified starch market growth?
What is the segment in which the modified starch market is divided?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ
Past Market Size and Competitive Landscape
Modified Starch Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Modified Starch Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ:
Global Corn Seeds Market size was valued at USD 26.75 Billion in 2023 and is expected to grow to USD 41.57 Billion by 2030, at a CAGR Of 6.50% during the forecast period 2024-2030.
Global Corn Seeds Market https://www.maximizemarketresearch.com/market-report/corn-seeds-market/193941/
Global Potato Starch Market size was valued at USD 4.80 Bn in 2023 and is expected to reach USD 6.36 Bn by 2030, at a CAGR of 4.1%
Potato Starch Market https://www.maximizemarketresearch.com/market-report/potato-starch-market/187928/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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