Modified Starch Market: A Glimpse into Growth Projections, Various Drivers, and Emerging Trends

Set for strong growth, the Modified Starch Market is likely to reach $13.64 billion by 2025 with a compound annual growth rate (CAGR) of 6.1%. By 2029, the market is projected to further expand to $17.37 billion at a CAGR of 6.2%. Key market trends include the growing demand for gluten-free products and the expansion of non-food sectors, among others.

What Is The Projected Market Size Of The Global Modified Starch Market And Its Growth Rate?
Growth in the Modified Starch Market is set to continue, with significant increase predicted in the fututre.
•Market size was $12.86 billion in 2024 and is forecasted to grow to $13.64 billion in 2025, with a CAGR of 6.1%.
•Notable growth drivers in the historic period include globalization, regulatory changes, industrialization, and the expansion in non-food sectors.
•By 2029, the market size is forecasted to further grow to $17.37 billion at a CAGR of 6.2%.
•Trends for this strong growth include rising demand for convenience foods, growth in functional foods market, and expanding use in pharmaceutical industry, among others.

What Is Driving The Growth In The Modified Starch Market?
Investments in the modified starch industry are playing an increasingly important role in driving the market's growth. Large industry players are investing to meet demand precipitated by the increasing consumption of modified starch in applications including food and beverage, paper production, pharmaceuticals, textiles, and more. An example of such an investment is the $6.4 million that BENEO GmbH, a Germany-based functional ingredients company, invested in expanding its drying capacity at its Wijgmaal factory in June 2023. This expansion was aimed at meeting the growing demand for specialty rice starch ingredients and to secure future growth of its pre-cooked rice starch portfolio.

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Who Are the Key Players Driving Modified Starch Market Growth?
Several companies are making significant contributions to the Modified Starch Market:
•Cargill Inc.
•Archer Daniels Midland Company
•Ingredion Incorporated
•AAK Group
•AGRANA
•Tate & Lyle Ingredients Americas LLC
•SMS Corporation
•Manildra Group
•Roquette Frères
•Avebe U.A.
These are just a few among various others making significant impacts on market growth.

What Are The Key Trends In The Modified Starch Market?
•Clean label demands
•Functional food demand
•Health consciousness
•Expansion in food industry
•Demand for gluten-free and allergen-free products

What Are The Segments Of The Global Modified Starch Market?
•By Type: Cationic Starch, Etherified Starch, Resistant Starch, Pre-Gelatinized
•By Raw Material: Potato, Corn, Cassava, Wheat, Other Raw Materials
•By Application: Food And Beverages, Animal Feed, Paper-Making, Weaving And Textiles, Pharmaceuticals, Other Applications

Which Region Leads The Modified Starch Market?
Asia-Pacific led the modified starch market in 2024 and is also expected to be the fastest-growing region in the market during the forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Modified Starch Market Global Market Report?
- Market Size Analysis: Analyze the Modified Starch Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Modified Starch Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Modified Starch Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Modified Starch Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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