Lucintel Forecasts Modified Starch Market To Grow At A Cagr Of 5%-6%

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According to the recent study the modified starch market is projected to grow at a CAGR of 5%-6% from 2020 to 2025. Growth in this market is primarily driven by rising demand for convenience food, rapidly developing pharmaceutical industry, and functional properties of modified starch and their ease of incorporation in a wide range of food applications.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in modified starch market by application (food and beverage, animal feed, paper, pharmaceutical, textile, and others), raw material (corn, cassava, wheat, potato, and others), product type (starch esters and ethers, resistant, cationic, pre-gelatinized, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Corn market is expected to remain the largest segment during the forecast period.”
Based on raw material, the modified starch market is segmented into ...
... corn, cassava, wheat, potato, and others. Lucintel forecasts that the corn is expected to witness the largest segment over the forecast period due to its usage as as stabilizers, thickening agents, and emulsifiers in various applications.
“Within the modified starch market, the food and beverage segment is expected to remain the largest application.”
Based on application, the food and beverage segment is expected to witness the largest application over the forecast period due to its wide usage in bakery and confectionery products, processed food, and beverages.
“North America will dominate the modified starch market in near future.”
North America is expected to be the largest region over the forecast period due to rising awareness about the benefits of consuming low-fat food and shift in lifestyle trends.
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Major players of modified starch market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Archer Daniel Midland, Cargill, Ingredion, Tate and Lyle, Roquette Freres, Avebe U.A., Grain Processing Corporation, Emsland, AGRANA, and SMS Corporation are among the major modified starch providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/modified-starch-market.aspx or helpdesk@lucintel.com
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

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Lucintel
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