The global market for modified starch is expected to reach USD 21,806.2 million by 2034, with a projected CAGR of 4.7%. In 2024, the market size of modified starch is valued at USD 13,780.3 million according to estimates.
The modified starch market is anticipated to experience a respectable increase over the next years due to the rising demand for processed foods. Modified starch helps extend the shelf life of food goods and provides functional qualities, including texture, flavor, and thickness in processed foods.
Request Your Sample Report Today: https://www.futuremarketinsights.com/reports/sample/rep-gb-9673
Demand from Food, Textile, Papermaking, and Cosmetic Industries is Booming
Modified starch is utilized in many different industries, including food, textiles, paper production, cosmetics, and personal care, due to its numerous advantages. The cosmetic and personal care industries use modified starch, a versatile ingredient.
The demand for natural cosmetics has grown over the past few years, and producers are creating new cosmetics employing natural elements such as modified starch. This results in the escalation of the modified starch market adoption trends.
Competitive Landscape
The competitive environment of the modified starch market is characterized by fierce competition among leading companies vying for market domination. Cargill, Archer Daniels Midland Company (ADM), and Ingredion Incorporated have positioned themselves as key players by using their worldwide reach, diverse product portfolios, and strong distribution networks.
These organizations use mergers, acquisitions, and partnerships to enhance their market positions and expand their technological capabilities.
Recent Developments
- In February 2024, Ingredion Incorporated announced the introduction of Novation Indulge 2940 starch as a new addition to its line of clean-label texturizers. It is the first non-GMO functional native corn starch that provides texture for gelling and co-texturizing popular dairy and alternative dairy products and desserts.
- In June 2023, Loryma launched a clean label, “E number free” adhesion starch. According to German company Loryma, their natural adhesion starch extracted from wheat and with a clean label is just as effective as modified starches found in traditional products, offering “optimum adhesion properties for all types of substrate coatings.”
Key Players in the Modified Starch Market
- Cargill
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- Roquette Frères
- Grain Processing Corporation
- Avebe
- Emsland Group
- AGRANA Beteiligungs-AG
- Global Bio-Chem Technology Group Company Limited
Maximize Growth Potential Grab Your Report Today: https://www.futuremarketinsights.com/checkout/9673
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
