The modified starch market size is poised to cross US$ 13,780.3 million in 2024 and is likely to attain a valuation of US$ 21,806.2 million by 2034. The modified starch market is projected to thrive at a staggering CAGR of 4.7% from 2024 to 2034.
A growing percentage of consumers are gravitating toward clean-label products because of their affinity for natural ingredients and transparency. As a result, there is a growing market for modified starches that preserve product quality while replacing artificial additives. To match customer expectations and get a competitive edge in the market, food producers must adapt by reformulating their goods with clean-label alternatives, such as modified natural starches.
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Consumer perception of food products is greatly influenced by texture and mouthfeel, which also affects total sensory experience and pleasure. Modified starches are essential for the appropriate texture, creaminess, and consistency in various food and beverage applications. In this overcrowded market, companies need to focus on texture optimization by using modified starches in their formulations to make products that live up to customer expectations.
The demand for standardized ingredients that satisfy legal specifications and guarantee constant quality across a range of markets is driven by the globalization of the food manufacturing process. Modified starches can meet these requirements, which provide adaptable solutions that let companies grow into new markets and optimize their supply chains. Businesses need to incorporate modified starches as essential elements in their goods to take advantage of global market opportunities, increasing profitability and operational efficiency.
Key Takeaways from the Modified Starch Market Report
- The global modified starch market size expanded at a 3.8% CAGR through 2034.
- The maize/corn segment holds 46.2% of market shares in 2024.
- The food and beverage segment captured 82.8% of market shares in 2024.
- The market size in the United States is projected to rise at a 2.9% CAGR through 2034.
- The market size in France is anticipated to develop at a 1.7% CAGR through 2034.
- The market size in the United Kingdom is estimated to surge at a 1.2% CAGR through 2034.
- The market size in Italy is expected to thrive at a 4.8% CAGR through 2034.
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Competitive Landscape
The modified starch market is highly competitive, with noteworthy giants such as Cargill, ADM, Ingredion, and Tate & Lyle dominating. Strategic relationships and innovation are crucial battlegrounds, particularly in producing modified starches and clean-label alternatives. Roquette Frères and Grain Processing Corporation are the market leaders in the clean label area. Region-specific players cater to local preferences. Sustainability policies and adaptability to global food trends are critical for retaining a competitive advantage.
Recent Developments
- In February 2024, Ingredion Incorporated introduced Novation Indulge 2940 starch to their clean-label texturizer portfolio. It is the first non-GMO functional native corn starch designed to gel and co-texturize popular dairy and alternative dairy items and desserts.
- In June 2023, Loryma introduced “E number free” adhesion starch with a clean label. Loryma, a German business, claims that its natural adhesion starch derived from wheat and labeled clean is just as effective as modified starches found in standard goods, providing “optimum adhesion properties for all types of substrate coatings.”
- In November 2022, the Department for Environment, Food and Rural Affairs (DEFRA), Innovate UK, the Medical Research Council (MRC), and the Biotechnology and Biological Sciences Research Council (BBSRC) formed a new Diet and Health OIRC. With a £15 million investment, the OIRC hopes to assist overcome common barriers to innovation in the food and beverage industry.
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Modified Starch Market Segmentation
By Source:
- Maize/ Corn
- Wheat
- Potato
- Tapioca
- Rice
By Product Type:
- Acetylated Starch
- Physically Modified Starch
- Enzyme Modified Starch
- Anionic Starch
- Cationic Starch
- Dextrin
- Oxidized Starch
- Thinned Starch
- Pre-Gelatinized Starch
- Others
By Application:
- Food and Beverage
- Bakery Products
- Dairy Products
- Meat & Poultry
- Convenience Food
- Others
- Animal Feed
- Cosmetic and Personal Care
- Papermaking
- Textile
- Pharmaceuticals
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Japan
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