DUBLIN--(BUSINESS WIRE)--The "Modified Starch Market by Application, Type, Form and Geography - Global Forecast up to 2026" report has been added to ResearchAndMarkets.com's offering.
The Modified Starch Market has been projected to grow at the rate of 2.8% CAGR by 2026. The demand for modified starch within the global market, will continue to grow on account of advancements in the food and beverages industry. Modified starch is generally used in the food industry, and the wide range of application portfolios of modified starch is driving the development of the global market. The growing demand for thickening agents in the food industry has carried modified starch under the spotlight of attention.
Also, emulsifying agents are a key requirement across some chemical processes within the food industry. These factors are playing a significant role in confirming a regular inflow of revenues into the global modified starch market. Moreover, the need for stabilizers in food processing is also benefiting the global modified starch market in recent times. It is expected that the global modified starch market would witness the inflow of voluminous revenues in the coming years. Additionally, the march would subsist the development of some other subsidiary markets pertaining to the food industry.
As per the application of modified starch, it is broadly applied in the food and beverage industries. The food and beverage industry has been further divided into bakery & confectionery products, processed foods, beverages, and other food applications. The application of modified starch is enormously increasing in the food and beverage industries due to their usage as additives to food for preserving the flavor and enhancing the taste and other qualities of the food product. Thus, the food and beverage segment is leading the modified starch market.
The product types include corn, cassava, potato, wheat, and other raw materials. Corn is leading the modified starch market in type segmentation because corn is a staple food, and corn is mostly preferred around the world due to its benefits in diet. Furthermore, corn is widely used as a thickening agent in some food recipes such as soups, custards, and others.
In the modified starch market, the Asia Pacific is having the dominating position in the market share. This is because of the increase in the demand for processed food due to people's changing lifestyles. People are preferring readymade and easy-to-cook food, which is further supporting the market growth in this region.
Globally rising population is increasing the demand for processed and convenience food. Modified starch is a significant ingredient that is utilized in ready-to-eat food products. The increasing demand for processed food is resulting in the increased demand for modified starch, which is expected to boost the market growth. Modified starch offers useful properties such as appearance, taste, and consistency in processed foods which helps in increase the shelf life of food products.
Companies Mentioned
- Archer Daniels Midland Company
- Ingredion
- Roquette Freres
- Global Bio-Chem Technology Group
- SPAC Starch
- Everest Starch India Pvt Ltd.
- Shubham Starch Chem Pvt Ltd.
- Avebe U.A
- Grain Processing Corporation
- Emsland
- Qindao CBH Company
- Tereos
- Cargill
- KMC
- Beneo
- Angel Starch Food Pvt. Ltd.
- Sheekharr Starch Pvt Ltd
- Sanstar Bio-Polymers Ltd.
Key Topics Covered:
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Application: Market Size & Analysis
5.1. Overview
5.2. Food & beverages
5.2.1. Bakery & confectionery products
5.2.2. Processed foods
5.2.3. Beverages
5.2.4. Other food applications
5.3. Feed
5.3.1. Swine feed
5.3.2. Ruminant feed
5.3.3. Poultry feed
5.3.4. Other feed applications
5.4. Industrial
5.4.1. Papermaking
5.4.2. Weaving & textiles
5.4.3. Medicines & pharmaceuticals
5.4.4. Cosmetics
5.4.5. Other industrial application
6. Type: Market Size & Analysis
6.1. Overview
6.2. Corn
6.3. Cassava
6.4. Potato
6.5. Wheat
6.6. Others raw materials
7. Form: Market Size & Analysis
7.1. Overview
7.2. Dry
7.3. Liquid
8. Geography: Market Size & Analysis
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Rest of the World
9. Competitive Landscape
9.1. Competitor Comparison Analysis
9.2. Market Developments
9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
9.2.2. Product Launches and execution
10. Vendor Profiles
12. Analyst Opinion
13. Annexure
For more information about this report visit https://www.researchandmarkets.com/r/6ts70m
