Modified Starch Market 2023: Analysed by Business Growth,Development Factors and Future Prospects |
Posted: November 30, 2018 |
Global Modified Starch Market was valued at $7,995 million in 2016, and is projected to reach at $10,700 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. Modified starch is formed by morphological or physicochemical changes in the structure of native starch via its treatment with heat, acids, alkalis, or enzymes. These have improved water-holding capacity, heat resistance, binding characteristics, and thickening property. Key leading players operating in the modified starch industry are Archer Daniels Midland Company, Avebe U.A., Cargill Incorporated, Emsland- Strke GmbH, Global Bio-Chem Technology Group Company Limited, Grain Processing Corporation, Ingredion Incorporated, Roquette Frres, Tate & Lyle PLC, and Universal Starch Chem Allied. Other players in the value chain include Ulrick and Short Ltd., Penford Corp., SPAC STARCH PRODUCTS (INDIA) LTD., Tirupati Starch & Chemicals Ltd., Angel Starch & Food Pvt Ltd, Honest Derivatives Pvt. Ltd., Sanstar Bio - Polymers Ltd., Shubham Starch Chem (P) Ltd., AGRANA Strke GmbH, and Everest Starch (IND) Pvt. Ltd. Get Sample PDF Brochure : https://www.alliedmarketresearch.com/request-sample/3936 Maize, potato, wheat, and cassava are some of the main raw materials of modified starches. Modified starches are widely used in the food & beverage industry as thickening agents, stabilizing agents, or emulsifying agents due to their partially digestible nature and quality of being gluten free, thus providing lesser fat than regular starches. The paper-making industry is another main application of modified starches, owing to their binding property for manufacturing high strength and enhanced quality paper with appropriate surface sizing, coating, and calendaring. Moreover, pharmaceutical, animal feed, textile, cosmetics, and other industries also make use of modified starch. The global modified starch market is segmented on the basis of raw material, type, application, function, and geography. Based on raw material, it is divided into maize, cassava, potato, wheat, and others. According to type, it includes cationic starch, etherified starch, esterified starch, resistant starch, and pre-gelatinized starch. Based on application, the market is classified into food & beverages, animal feed, paper-making, weaving & textiles, pharmaceuticals, and others. The food & beverages sector is classified into confectionery, beverages, processed food, and others; while the animal feed is segmented into swine feed, ruminant feed, poultry feed, and others. Based on function, the market is divided into thickeners, stabilizers, binders, emulsifiers, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. https://www.alliedmarketresearch.com/modified-starch-market
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