Modified Starch Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Modified Starch Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Modified starch is formed by physicochemical or morphological changes in the structure of native starch via its treatment with enzymes, alkalis, heat, and acids. Modified starch finds application in food & beverages industry and is also used in the production of noodles, biscuits, bakery products, and other convenience food products. The multifunctional properties of starch such as thickening, stabilizing, binding, and emulsifying abilities are increasing the scope of modified starch applications in various industries such as personal care, pharmaceuticals, textile, and others.
Among material type, the corn segment is expected to witness significant growth in the global modified starch market during the forecast period. Corn holds a high content of starch, comparatively, than other sources. Therefore, easy availability of corn, high content of starch in corn, and low price of corn starch is driving the market growth.
Market Dynamics
Among end-use industry, the pharmaceuticals segment is expected to account for significant market share in the global modified starch market. In 2021, the segment accounted for 12.2% share in the global modified starch market in terms of revenue. Emerging economies are also expected to witness a significant growth in the pharmaceutical industry, owing to increasing consumer demand for sophisticated medicines. This in turn is expected to propel modified starch demand over the forecast period.
Among regions, North America held dominant position in the global modified starch market, in terms of revenue share, in 2021. This is owing to increasing demand for food and dairy products and high use of modified starch in the food and beverages industry. Gelatinization, pasting, and subsequent gel properties of starch are key functional properties that determine the various applications of starch in the food industry. Asia Pacific is expected to record the fastest growth in the market over the forecast period. This is owing to increasing demand for food and beverages in the consumer goods sector in India and China. According to the India Brand Equity Foundation, The Fast moving consumer goods (FMCG) sector increased from US$ 31.6 billion in 2011 to US$ 52.75 billion in 2021. The sector is expected to witness a Compound Annual Growth Rate (CAGR) of 27.86% during the forecast period to reach US$ 103.7 billion by 2020.
Key features of the study:
This report provides in-depth analysis of modified starch market and provides market size (US$ Billion & KT) and Cumulative Annual Growth Rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global modified starch market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Archer Daniels Midland Company, Cargill, Ingredion Incorporated, Tate & Lyle, Emsland-Starke GmbH, Agrana Beteiligungs-AG, Grain Processing Corporation, Roquette Frère
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global modified starch market report caters to various stakeholders in this industry including investors, suppliers, modified starch manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the modified starch market
Detailed Segmentation:
Global Modified Starch Market, By Process Type:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
Global Modified Starch Market, By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
Global Modified Starch Market, By Raw Material:
Corn
Tapioca
Wheat
Others
Global Modified Starch Market, By Region:
North America
U.S.
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Canada
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Mexico
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
South America
Brazil
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Argentina
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Rest of South America
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Europe
Germany
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Italy
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
France
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Rest of Europe
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Asia Pacific
China
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
India
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Japan
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
South Korea
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Rest of Asia Pacific
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Middle East & Africa
Middle East
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Africa
By Process:
Cationization
Crosslinking
Acid Hydrolysis/Treatment
Acetylation
Others
By End-use Industry:
Food & Beverages
Animal Feed
Pharmaceuticals
Textiles
Paper & Packaging
Personal Care
Others
By Raw Material:
Corn
Tapioca
Wheat
Others
Company Profiles
Archer Daniels Midland Company*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Cargill
Ingredion Incorporated
Tate & Lyle
Emsland-Starke GmbH
Agrana Beteiligungs-AG
Grain Processing Corporation
Roquette Frère
“*” marked represents similar segmentation in other categories in the respective section.