The Infinium Global Research analyzes the Modified Starch Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global modified starch market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of modified starch. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the modified starch market during the period. The global modified starch market is projected to grow at a CAGR of 3.9% over the forecast period of 2019-2025.
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Food and Beverage, Animal Feed, Paper, and Pulp Industries are Expected to Grow the Demand of the Modified Starch Industry
The continuous growing demand for the convenience food and pharmaceutical product around the world is helping to grow the demand of the modified starch market. Further, owing to its unique properties as thickness, stabilizing and binding its application is growing day by day in the food processing industries, animal feed industry and other industrial application at a significant rate. Further, owing to its unique binding properties, its application in the paper manufacturing industry, where it facilitates to prepare a good quality paper of the required size for several industrial uses.
However, the availability of the substitute for the modified starch is restricting the growth of the modified starch market. The continuous growing demand of the different type of the modified starch for the industrial application such as food and beverage, animal feed, paper, and pulp industries are expected to grow the demand of the modified starch in the developing countries in the near future.
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Segmentation of the Modified Starch Market
The global modified starch market is segmented on the basis of source, application, and function. On the basis of source, the sub-markets include corn, cassava, potato, wheat, and other sources. On the basis of application, the sub-markets include food and beverages, animal feed, and other applications. On the basis of function, the sub-markets include thickeners, stabilizers, binders, emulsifiers, and other function.
North America is the Largest Market of the Modified Starch Based Products
Geographically, the modified starch market is divided into the four regions namely, the North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the modified starch-based products, owing to the presence of the several food processing companies, animal feed manufacturing companies, and paper and pulp industries in this region.
Additionally, the presence of the several aware consumer groups, who are very much familiar about the numerous application of the modified starch is helping to boost the demand of the modified starch-based product in this region. Europe is the second-largest market after North America for the modified starch products. The Asia-Pacific modified starch market expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the modified starch for animal feed production, food, and beverage manufacturing and other industrial application.
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Key Players in the Modified Starch Industry
The global modified starch market comprises several players, some of few profiled companies in this report are The Agrana Group, Emsland-Stärke GmbH, Grain Processing Corporation, The cooperative Avebe U.A., Roquette Frères, Tate & Lyle PLC, Ingredion Incorporated, Cargill, Incorporated, The Archer Daniels Midland Company, and SMS Corporation Co., Ltd, among others.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the modified starch.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.