Hydroxypropyl Distarch Phosphate Market: Key Applications, End-Users, and Regional Analysis

A new market research report by Future Market Insights on the hydroxypropyl distarch phosphate market includes global industry analysis 2014–2018 and opportunity assessment 2022–2029. The report examines the hydroxypropyl distarch phosphate market and provides key perceptions for the forecast period of 2022-2029. As per findings of the report, the global hydroxypropyl distarch phosphate market is projected to witness substantial growth throughout the forecast period, owing to numerous driving factors such as intensifying demand for processed food globally.

The global hydroxypropyl distarch phosphate market are slated to top US$ 1.8 Bn in 2022, and is expected to propagate at a CAGR of 5.8%  during the forecast period of 2022-2029. This growth is prominently driven by the growing consumption of hydroxypropyl distarch phosphate in the several end use industries such as food, cosmetics, and pharmaceutical.

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According to FMI’s analysis, key manufacturers are focusing on identifying and leveraging the white spaces in the application of hydroxypropyl distarch phosphate. Additionally, market consolidation in developing Asian countries is likely to remain a key to gaining distinct competitive advantage, due to significant growth of cosmetic industry in the region.

Rising East Asia Market Attractiveness

In terms of value, East Asia is projected to consigned lucrative growth in the global hydroxypropyl distarch phosphate market during the forecast period.  East Asia is projected to account for dominating region in the global hydroxypropyl distarch phosphate market. Large population and increasing spending power of the residents is driving the processed food market in Asian countries. High GDP growth of India and China has been witnessed in the last few years and is expected to continue during the forecast period.

Moreover, the high growth economies are creating opportunities for food industry to grow at a good pace. Growth in food consumption will ultimately reflect the growth in food additives. Hydroxypropyl distarch phosphate is consumed in processed food in significant quantity. Therefore, high growth in processed food industry is expected to bolster the growth in demand for hydroxypropyl distarch phosphate

Food Industry to Remain as Significant Consumer of Hydroxypropyl Distarch Phosphate

Globally, the Hydroxypropyl Distarch Phosphate market has been segmented on the basis of grade, application, End-Use and regions.

  • On the basis of grade, the global hydroxypropyl distarch phosphate market is segmented into Halal and Vegan. Halal segment is expected to account for more than 3/4th share of the total hydroxypropyl distarch phosphate market value throughout the forecast period. Increasing focus of consumer on various standards and certification regarding halal and vegan are expected to drive the global hydroxypropyl distarch phosphate market growth in the upcoming years
  • On the basis of application, the global hydroxypropyl distarch phosphate market is segmented into anticaking agent, emulsifier, stabilizer, and thickener. Thickener segment is expected to account for prominent share in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increasing demand for thickener in the processed food is projected to boost the demand for hydroxypropyl distarch phosphate in the food industry across the globe
  • On the basis of end-use, the global hydroxypropyl distarch phosphate market is segmented into food, cosmetics, and pharmaceutical. Food industry is projected to witness lucrative growth and dominating segment in the global hydroxypropyl distarch phosphate market throughout the forecast period. Increased demand for hydroxypropyl distarch phosphate has been observed in industrial applications in cosmetics, pharmaceutical and food & beverages industries. Hydroxypropyl distarch phosphates are mostly used as thickener, emulsifier and stabilizer in these industry.

Hydroxypropyl Distarch Phosphate Market: Vendor Insights

The report highlights some of the key market participants, who are well-known market leaders in the global hydroxypropyl distarch phosphate market. Some of examples of the key players in the global Hydroxypropyl Distarch Phosphate market are Sinofi Ingredients, Tate & Lyle, Ingredion Incorporated, MGP Ingredients, Inc., Cargill Foods, Shanghai Yu Tao Industrial Co., Ltd., etc. The global hydroxypropyl distarch phosphate market is highly fragmented with number of players holding shares in the market.

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Hydroxypropyl Distarch Phosphate Market: Key Segment

By Product Grade

  • Halal
  • Vegan

By Application

  • Anticaking Agent
  • Emulsifier
  • Stabilizer
  • Thickener

By End Use

  • Food
  • Cosmetics
  • Pharmaceutical

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

About Future Market Insights (FMI)

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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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