The "Modified Starch Market Size, Share & Trends Analysis Report By Product (Starch Esters & Ethers, Resistant Starch, Cationic Starch, Pre-gelatinized), By Application, By Region, And Segment Forecasts 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.
The global modified starch market size is expected to reach USD 15.35 billion by 2024. It is anticipated to expand at a CAGR of 6.7% over the forecast period.
Rising adoption of convenience food coupled with huge demand from Asia Pacific are likely to augment market development. Growing consumer consciousness regarding health and nutrition along with high preference for healthy appetite are expected to further driver market expansion. Surging requirement for natural sweeteners in energy drinks and non-carbonated soft drinks will boost penetration of modified starch over the forecast period.
Companies are spending heavily on research and development for manufacturing water-soluble modified starches. This has resulted in dynamic market conditions. In recent times, there has been a significant rise in product innovation to enhance product portfolio, to gain access to markets, and to avail synergetic benefits. As a result, companies focus on increasing their presence across the value chain by integrating and diversifying product portfolios. Companies such as Cargill, Inc., Ingredion Incorporated, and Roquette Frres are integrating at different levels of value chain.
Technological advancements in India, China, and Brazil to develop innovative products are expected to create new growth opportunities. Strong support from governments to promote natural ingredients will open new business avenues over the next seven years. The global market for modified starch is expected to grow significantly during the forecast period on account of numerous applications including food and beverage, paper, pharmaceuticals, textile, and other applications such as coatings, adhesives and biodegradable polymers.
Rising application in textile industry is expected to drive the global modified starch market in near future. The product is used as a thickening agent in the paper industry.Increasing uses such as starch graft copolymers, starch esters, starch ethers, and cationic starches, will result in improved penetration in the textile industry. These starches are used in printing and finishing textile applications and have substituted polyvinyl alcohol.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Modified Starch Industry Outlook
Chapter 4. Modified Starch Market: Product Estimates & Trends Analysis
Chapter 5. Modified Starch Market: Application Estimates & Trends Analysis
Chapter 6. Modified Starch Market: Regional Estimates & Trends Analysis
Chapter 7. Competitive Landscape
- Agrana Beteiligungs AG
- Archer Daniels Midland Company
- Avebe U.A.
- Emsland-Starke GmbH
- Cargill, Incorporated
- Global Bio-Chem Technology Group Company Limited
- Grain Processing Corporation
- Roquette Frres
- Tate & Lyle PLC
- Ingredion Incorporated
- Ulrick & Short Ltd.
- Samyang Genex Corp
- China Essence Group Ltd.
- Beneo-Remy N.V.
- Siam Modified Starch Co. Ltd.
- Pt Budi Acid Jaya Tbk
- KMC (Kartoffelmelcentralen)
For more information about this report visit https://www.researchandmarkets.com/research/lxbrcn/global_modified?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181102005192/en/
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