The global moulding starch market is expected to witness a staggering CAGR in the forecast period.
Moulding starch comes across as a fine white powder derived from native corn starch. The application areas include depositing, moulding, and drying processes related to gummies, jellies, and various other confectionery products for absorbing moisture. Dusting could also be kept at bay by blending with oil.
The last few decades have seen an ever-increasing demand for on a substantial note due to exorbitant production as well as consumption of the confectionery items. The specialty of moulding starch is that it the content of moisture is pretty low, which facilitates absorption of moisture of all the confectionery products. Neutral flavor is another advantage as the products’ original taste stays intact.
The consumers are also getting drawn toward products containing non-GMO and natural ingredients along with growing demand for various clean label products. Research states that GMO foods are capable of triggering problems like immune disorders. As an outcome, end-consumers have switched over to non-GMO ingredients.
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Moulding starch does help in enhancing tray printing by curtailing adhesion of starch to mould, thereby ascertaining that shape stays intact before depositing. This application is expected to open new arenas for moulding starch market going forward.
However, consuming excessive starch is injurious to health. This factor may hamper the moulding starch market in the years to come. Besides, the underdeveloped regions are not much into adoption of confectionery products. Proper knowledge sharing needs to be done regarding the consumption of moulding starch; or the dictum ‘Excess of anything is bad”, would hold true for moulding starch market.
These days, modification of starches is being tried out. The basic purpose is that of thickening pie fillings and keeping canned soups healthy. It has been reported that modified starch is a rich source of ‘taste’; which is one of the major factors positively affecting the moulding starch market.
Future Market Insights has etched these findings with future perspectives in its latest market study entitled ‘Moulding Starch Market’. The dedicated team of analysts and consultants works on macros as well as micros to churn out a 360-degree research report on ‘Moulding Starch Market’.
“The key participants are continuously upgrading the product portfolio for meeting changing demands from the end-users. The other growth strategies that are adopted include reduction of price, partnerships, and novel product launches”, says an analyst from Future Market Insights.
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Key Takeaways from Moulding Starch Market
- With consumers’ inclination toward consumption of confectionery items like sweets, chocolates, jellies, marshmallows, MEA’s moulding starch market is expected to witness a comparatively higher CAGR in the forecast period. Regions like UAE, Turkey, and Saudi Arabia are witnessing a stronger demand with respect to moulding starch.
- The Asia-Pacific is expected to grow at the fastest rate in the moulding starch market. This could be credited to changing eating habits. Millennials are more into adoption off lollipops, marshmallows, jellies, and likewise.
- North America and Europe are at the saturated stage herein. The status quo is expected to remain changed even in the forecast period.
Competitive Landscape
- ADM does provide the apt starch for providing finely calibrated, high-quality product with improved thickening, stability and tenderness. The company’s comparable supply chain network makes provisions for transparency and reliable supply.
- Ingredion has its NOVATION functional starches that do deliver stability and processing advantages of conventional starches. They include tapioca starch, maize starch, rice starch, and potato starch.
- A confectioners’ moulding starch comprises powdered starch in admixture with from about 0.1% to nearly 0.25% of member of group constituting citric acid’s triesters with aliphatic monohydric alcohols that contain 2-4 carbon atoms with monacetyl derivatives of these triesters.
- Ridgeland Moulding Starch is a custom manufactured native starch for effectively and efficiently absorbing moisture in mogul process.
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What does the Report mould into?
- The research study is based on end-use (candies, jellies, gummies, marshmallows, and likewise (caramels, rock candy).
- With confectionery vertical flourishing, the global moulding starch market is expected to grow graciously in the forecast period.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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