DUBLIN--(BUSINESS WIRE)--The "Modified Starch Market by Raw Material (Corn, Cassava, Potato, and Wheat), Application [F&B (Bakery & Confectionery, Beverages, and Processed Foods), Animal Feed, and Industrial], Function, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The modified starch market is estimated at USD 10.35 billion in 2018, and projected to grow at a CAGR of 4.1%, to reach USD 12.67 billion by 2023.
On the basis of raw material, the modified starch market was led by the corn segment. Corn is a staple food, and it is preferred across the globe due to its importance in the diets of several countries; hence, the market for modified corn starch accounted for the largest share in 2017.
Based on application, the food & beverages segment is expected to be the fastest-growing during the forecast period. This segment is rapidly growing, mainly due to the increasing demand for convenience food, in which modified starches are considered as food additives.
Asia Pacific is projected to be the fastest-growing market for the period considered for this study, due to the rise in disposable income and increase in demand for convenience & processed food, along with the growing industrial base, leading to increased demand for modified starch in the region.
Companies Mentioned
- Agrana Beteiligungs-AG
- Archer Daniels Midland Company
- Avebe U. A.
- Cargill
- Emsland- Strke GmbH
- Global Bio-Chem Technology Group Company Limited
- Grain Processing Corporation
- Ingredion Incorporated
- Qingdao Cbh Co., Ltd.
- Roquette Frres
- Sms Corporation Co. Ltd
- Spac Starch Products (India) Ltd.
- Tate & Lyle PLC
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Modified Starch Market, By Raw Material
7 Modified Starch Market, By Application
8 Modified Starch Market, By Function
9 Modified Starch Market, By Region
10 Modified Starch Market, By Modification Type
11 Competitive Landscape
12 Company Profiles
13 Regulatory Framework
For more information about this report visit https://www.researchandmarkets.com/research/3rjpgn/global_modified?w=4
