In 2022, the global size of modified starch market was USD 11.53 Billion. It is projected to reach USD 17.58 Billion by 2032, with a compound annual growth rate (CAGR) of 4.8% during the forecast period. The market growth is attributed to various factors, including increasing consumer demand for natural and clean label products and growing awareness about the benefits of modified starch in diverse applications.
The surge in demand for convenient food options is a key driver for the modified starch industry. Changing lifestyles and busy schedules have led consumers to seek out easily prepared and consumed meal choices. Modified starch is commonly used as a stabilizer, thickener, and emulsifier to enhance the texture, consistency, and shelf life of processed food items such as sauces, dressings, soups, baked goods, and ready-to-eat meals. The growing popularity of convenience foods is fueling the demand for modified starch and contributing to the expansion of the market.
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Leading Companies:
- Cargill, Inc.
- Ingredion Incorporated
- Tate & Lyle PLC
- Avebe U.A.
- Roquette Frères
- ADM (Archer Daniels Midland Company)
- AGRANA Beteiligungs-AG
- Emsland Group
- Global Bio-chem Technology Group Company Limited
- Sudzucker AG
Notable Innovation of Modified Starch Market
One notable innovation in the modified starch market is the development of resistant starch. Resistant starch is a type of modified starch that resists digestion in the small intestine and behaves more like dietary fiber in the body. It passes through the digestive system largely intact and is fermented by beneficial gut bacteria in the large intestine.
Resistant starch offers several benefits, including improved digestive health, increased satiety, and potential blood sugar management. It can be used as a functional ingredient in various food products, including baked goods, snacks, pasta, and beverages, to enhance their nutritional profile and provide added health benefits.
Another notable innovation in the modified starch market is the development of clean label starches. Clean label refers to consumer demand for food products made with simple, familiar, and natural ingredients. Modified starches are being developed to replace traditional starches and additives that may have a negative perception among consumers.
The global Modified Starch market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Further market segmentation
Product Types Outlook:
- Native
- Starch Esters & Ethers
- Resistant Starch
- Pre-gelatinized Starch
- Others
Application Outlook:
- Food & Beverages
- Pharmaceuticals
- Paper & Packaging
- Textile
- Animal Feed
- Others
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