Global Modified Starch Market Size Projected to Reach USD 19.83 Billion By 2032, at 4.4% CAGR Growth: Polaris Market Research

New York, NY, Feb. 03, 2023 (GLOBE NEWSWIRE) — Polaris Market Research has published a new research report titled “Modified Starch Market Share, Size, Trends, Industry Analysis Report, By Product (Starch Esters & Ethers, Resistant, Cationic, Pre-gelatinized, and Others); By Material; By End-Use; By Region; Segment Forecast, 2023-2032” in its research database.

“According to the latest research study, the global modified starch market size & share are expected to generate revenue of USD 19.83 Billion By 2032 and are estimated to be valued at USD 12.95 Billion in 2022, at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2032”

What is Modified Starch? How Big is Modified Starch Market Size & Share?

Modified starch is the starch extracted from grains and vegetables which has been treated to improve its ability to keep the texture and structure of the food. The rapidly rising demand for the modified starch market can be attributed to the fact that native and modified starches are good at thickening and absorbing water from other cooking liquids. That is the reason they are used in dishes in which ingredients need to be bound or the texture thickened, such as soups, sauces, and baked goods.

The demand for processed and convenience foods is being driven by expanding global population. Modified starch is a crucial and valuable component in manufacturing ready-to-eat food products. The market for modified starch is expected to grow significantly due to the rising consumer demand for processed foods over the coming years.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Our Sample Report May Includes:

• 2030 Updated Report Introduction, Overview, and In-depth industry analysis.
• 115+ Pages Research Report (Inclusion of Updated Research).
• Provide Chapter-wise guidance on Requests.
• 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
• Includes Updated List of table & figures.
• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.

Key data covered in the market report

• Porter’s five forces analysis helps to analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
• It outlines the current trend and future scenario of the market to comprehend the prevailing opportunities and potential investment pockets.
• Major countries in each region have been mapped according to their revenue contribution to the global or regional market.
• The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in this study.
• The profiles of key players, along with their key strategic developments, are enlisted in this report.

Some of the Top Market Players Are:

• Emsland-Starke
• Grain Processing Corporation
• Global Bio-Chem Technology
• Ingredion Incorporated
• Roquette Freres
• ADM
• Agrana Beteiligungs
• NTD Starch
• China Starch Holdings
• Avebe U.A.
• Cargill
• Samyang Genex
• Beneo-Remy
• Siam Modified Starch
• China Essence
• PT Budi Starch
• Tate & Lyle
• ULRICK & SHORT

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Key factors driving market growth

• Hectic and isolated lifestyles push the market

Convenience foods are mainly prevalent in North America and Europe based on regional annual consumption rates. People’s lives are nowadays becoming hectic and isolated resulting in little time for home cooking. The modified starch market size is expanding due to globalization and the resulting lifestyle changes, which have increased the consumption of convenience food in various countries globally, especially in Asia’s expanding markets, thereby increasing the demand for modified starch.

Modified starch is used in many industries, including food, paper making, cosmetics, personal care, and textiles, due to its many advantages. Modified starch market sales are soaring as the personal care, and cosmetics industries use modified starch as a versatile additive. Manufacturers are making new cosmetic products using organic ingredients such as modified starch. The demand for natural cosmetics has grown over the past few years, which is anticipated to fuel product demand in the coming years.

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Recent trends influencing the market

Improvisation in nutritional content for products to drive the market

• To appeal to the health-conscious market, producers of food and beverages are considering improving the nutritional content of their products, which is likely to increase modified starch’s market opportunities. Additionally, as the trend towards pet ownership grows, more modified starch is being used to produce animal feeds allowing for the provision of premium meals for animals.
• Developing new products to meet the demand from several end-use sectors, such as construction adhesive, personal care, paper and corrugation, and more, has been made possible in developed countries because of cutting-edge technology.

Segmentation assessment

• The starch esters and ethers segment is expected to dominate the market

By product, starch esters and ethers are expected to dominate the industry’s market sector. Modified starch market demand is on the rise due to the increasing acceptance of convenient foods, which is expected to fuel the expansion of the segment. Due to their superior functional qualities compared to esterified starches, a new level of textural stability is added. Higher viscosity, better clarity, less syneresis, and enhanced freeze-thaw stability are all features of starch ether pastes.

• The Cassava segment has the highest share of the market

Based on material, the cassava segment has the highest share of the market. Modified starch market trends include a variety of products that heavily rely on starch which includes confectionary, adhesives, food and drink, pharmaceuticals, building materials, and textiles. The expansion of the product is primarily fuelled by attributes such as stability and excellent paste clarity.

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Modified Starch Market: Report Scope

Geographic Overview

• Increased awareness of consuming low-fat foods to propel the North American market

North America held the largest modified starch market share due to increased consumer awareness of the benefits of eating low-fat foods, notably in the US, which is one of the world’s leading producers of maize and corn starch. The use of modified starch in various food products has a significant impact on the growth of the USA region. It helps in stabilizing and thickening culinary items, especially sauces.

Browse the Detail Report “Modified Starch Market Share, Size, Trends, Industry Analysis Report, By Product (Starch Esters & Ethers, Resistant, Cationic, Pre-gelatinized, and Others); By Material; By End-Use; By Region; Segment Forecast, 2023-2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/modified-starch-market        

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By Product Outlook

• Starch Esters & Ethers
• Resistant
• Cationic
• Pre-gelatinized
• Others

By Material Outlook

• Corn
• Cassava
• Wheat
• Potato
• Others

 By End Use Outlook

• Food & Beverage
• Animal Feed
• Paper
• Pharmaceuticals
• Textiles
• Others

By Region Outlook

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

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