Modified starch is a chemically or physically altered food ingredients made from starch. This is done to achieve desired properties such as retaining water, gelling in cold solutions, and withstanding heat and acidity. Modified starch is also used by manufacturers in adding bulk by increasing the volume and mass of a product and reducing the use of more expensive ingredients like meat. Modified starches are also produced by enzymatic and genetic modification. Cross-linking within the starch makes the starch more resistant to heat. Modified starch serve many purposes in the food industry such as binding ingredients, emulsifier, and stabilizer useful in easy manufacturing of recipes and cookery.
MARKET DYNAMICS
The modified starch market is anticipated to grow in the forecast period owing to driving factors such as high demands for convenience foods and growing demands of the product in different applications such as textiles and paper making. Moreover, functional properties of modified starch and ease of incorporation in various applications further propel the growth of the modified starch market. However, volatility in prices and the availability of alternatives hamper the growth of the modified starch market. Nonetheless, new alternative sources of the product and untapped areas of application showcase major growth opportunities for the modified starch market players during the forecast period.
MARKET SCOPE
The "Global Modified Starch Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of modified starch market with detailed market segmentation by raw material, function, application, and geography. The global modified starch market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading modified starch market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global modified starch market is segmented on the basis of by raw material, function, and application. By raw material, the market is segmented as maize, cassava, potato wheat, and others. The market on the basis of function, is classified as thickeners, stabilizers, binders, emulsifiers, others. On the basis of the application the market is segmented as food & beverages, animal feed, industrial, pharmaceuticals, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global modified starch market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The modified starch market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting modified starch market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the modified starch market in these regions.
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MARKET PLAYERS
The reports cover key developments in the modified starch market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from modified starch market are anticipated to lucrative growth opportunities in the future with the rising demand for modified starch in the global market. Below mentioned is the list of few companies engaged in the modified starch market.
The report also includes the profiles of key modified starch companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-AGRANA Beteiligungs-AG
-Archer Daniels Midland Company
-Avebe Group
-Cargill, Incorporated.
-CBH Co., Ltd.
-Global Bio-chem Technology Group Company Limited
-Ingredion Incorporated
-Roquette Frères
-SMS Corporation
-Tate & Lyle PLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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