Press release
Modified Starch Market Size Projected To Reach $17.37 Billion By 2034 With A Cagr Of 6.2%
Modified Starch
What Is the Modified Starch Market Size and Projected Growth Rate?
In recent years, the size of the modified starch market has seen robust growth. It is projected to expand from $12.86 billion in 2024 to $13.64 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the growth during the historic period include globalization and trade, regulatory shifts and standards, industrial and urban development, demands from the gluten-free market, and expansion in sectors not related to food.
The market size of modified starch is expected to witness robust expansion in the forTH*Coming years. The market valuation is projected to reach $17.37 billion by 2029, growing at a compound annual growth rate of 6.2%. The growth during this forecast period is linked to the increasing demand for ready-to-eat items, evolution in the functional food market, its increasing usage in pharmaceutical sector, solutions for eco-friendly packaging, and trends towards gluten-free products. Key anticipated trends during the forecast period encompass the demand for clean-labelled products, functional food essentials, health awareness, growth within the food industry, and products free from gluten and allergens.
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What Are the Major Segments in the Modified Starch Market?
The modified starch market covered in this report is segmented -
1) By Type: Cationic Starch, Etherified Starch, Resistant Starch, Pre-Gelatinized
2) By Raw Material: Potato, Corn, Cassava, Wheat, Other Raw Materials
3) By Application: Food And Beverages, Animal Feed, Paper-Making, Weaving And Textiles, Pharmaceuticals, Other Applications
Subsegments:
1) By Cationic Starch: Quaternary Ammonium Starch, Starch Ether
2) By Etherified Starch: Hydroxypropyl Starch, Hydroxyethyl Starch, Carboxymethyl Starch
3) By Resistant Starch: Type 1 (Physically Resistant Starch), Type 2 (Granular Resistant Starch), Type 3 (Retrograded Starch)
4) By Pre-Gelatinized Starch: Instant Starch, Cold-Water Soluble Starch
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What Are The Driving Modified Starch Market Evolution?
The growth of the modified starch market is anticipated to be driven by the escalating investments in the modified starch industry. As the consumption of modified starch grows across various sectors like food and beverage, paper, pharmaceuticals, and textiles, major players are investing to meet this rising demand. For example, BENEO GmbH, a functional ingredients firm based in Germany, allocated $6.4 million (€6 million) for the enhancement of drying capabilities at its Wijgmaal factory in June 2023. Featuring a new drum dryer within a 1,000m2 facility, this expansion was designed to cater to the increasing demand for specialty rice starch ingredients and to ensure the continuous growth of its precooked rice starch portfolio. Thus, this surge in investment in the modified starch industry is anticipated to stimulate the expansion of the modified starch market.
Which Firms Dominate The Modified Starch Market Segments?
Major companies operating in the modified starch market include 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., MGP Ingredients Inc., Penford Corporation, PT. Budi Starch & Sweetener Tbk, Beneo GmbH, Grain Processing Corporation, Qindao CBH Co Ltd., Global Bio-Chem Technology Group Company Limited, Advanced Biochemical (Thailand) Co Ltd., Everest Starch (India) Pvt Ltd., Emsland Inc., SPAC Starch Products (India) Ltd., Lipoid Kosmetik AG, Royal Ingredients Group, Shandong Fuyang Biotechnology Co Ltd., Shree Ambika Agro Processing Industries Pvt Ltd., Starch Asia Co Ltd., Rich Grains International LLC, Shanghai Riken Technology Co Ltd.
What Trends Are Expected to Dominate the Modified Starch Market in the Next 5 Years?
In a bid to gain a competitive advantage in the modified starch market, prominent companies are innovating and introducing new products like organic pea protein starch. This type of starch comes from organic yellow peas (Pisum sativum), cultivated and processed as per organic farming standards. For example, in October 2022, Roquette Frères, a food corporation based in France, brought to market a unique line of organic pea ingredients. These included organic pea starch and organic pea protein isolates, derived from Canadian peas. This launch under the Nutralys brand coincides with the growing consumer demand for more organic, natural, and nutritional alternatives. The new offering includes four types of organic pea protein isolates and organic starches, all with complete traceability back to the farm of origin. This guarantees the products are safe, high-quality, and can be trusted for their authenticity. The production process is recognized by the Canada Organic regime, allowing export into markets in the EU and the US.
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Which Is The Largest Region In The Modified Starch Market?
Asia-Pacific was the largest region in the modified starch market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modified starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Modified Starch Market?
2. What is the CAGR expected in the Modified Starch Market?
3. What Are the Key Innovations Transforming the Modified Starch Industry?
4. Which Region Is Leading the Modified Starch Market?
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