Press release
Modified Starch Market: Unlocking Versatility in Food Applications
Modified Starch Market
The modified starch market is anticipated to experience a respectable increase over the next years due to the rising demand for processed foods. Modified starch helps extend the shelf life of food goods and provides functional qualities, including texture, flavor, and thickness in processed foods.
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Demand from Food, Textile, Papermaking, and Cosmetic Industries is Booming
Modified starch is utilized in many different industries, including food, textiles, paper production, cosmetics, and personal care, due to its numerous advantages. The cosmetic and personal care industries use modified starch, a versatile ingredient.
The demand for natural cosmetics has grown over the past few years, and producers are creating new cosmetics employing natural elements such as modified starch. This results in the escalation of the modified starch market adoption trends.
Competitive Landscape
The competitive environment of the modified starch market is characterized by fierce competition among leading companies vying for market domination. Cargill, Archer Daniels Midland Company (ADM), and Ingredion Incorporated have positioned themselves as key players by using their worldwide reach, diverse product portfolios, and strong distribution networks.
These organizations use mergers, acquisitions, and partnerships to enhance their market positions and expand their technological capabilities.
Recent Developments
In February 2024, Ingredion Incorporated announced the introduction of Novation Indulge 2940 starch as a new addition to its line of clean-label texturizers. It is the first non-GMO functional native corn starch that provides texture for gelling and co-texturizing popular dairy and alternative dairy products and desserts.
In June 2023, Loryma launched a clean label, "E number free" adhesion starch. According to German company Loryma, their natural adhesion starch extracted from wheat and with a clean label is just as effective as modified starches found in traditional products, offering "optimum adhesion properties for all types of substrate coatings."
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Key Players in the Modified Starch Market
Cargill
Archer Daniels Midland Company
Ingredion Incorporated
Tate & Lyle PLC
Roquette Frères
Grain Processing Corporation
Avebe
Emsland Group
AGRANA Beteiligungs-AG
Global Bio-Chem Technology Group Company Limited
Modified Starch Market Segmentation
By Source:
Maize/ Corn
Wheat
Potato
Tapioca
Rice
By Product Type:
Acetylated Starch
Physically Modified Starch
Enzyme Modified Starch
Anionic Starch
Cationic Starch
Dextrin
Oxidized Starch
Thinned Starch
Pre-Gelatinized Starch
Others
By Application:
Food and Beverage
Bakery Products
Dairy Products
Meat & Poultry
Convenience Food
Others
Animal Feed
Cosmetic and Personal Care
Papermaking
Textile
Pharmaceuticals
Others
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan
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