Global Modified Starch Market is projected to grow at a CAGR of 3.3% by 2028| Market Size, Share & Industry Trends Analysis Report By Raw Material, Outlook and Forecast | Introspective Market Research

Market Overview:
Global Modified Starch Market size is projected to reach USD 17.05 Billion by 2028 from an estimated USD 11.80 Billion in 2021, growing at a CAGR of 5.4%.

Modified starches are derived from starch through various modifications, resulting in enhanced functionality such as improved solubility in cold water, stable viscosity under different temperatures, increased fluidity when heated, and consistent stability. These modified starches are used in the food industry, where they are used in products like microwaveable ready meals, powdered soups, and jams, as well as in the pulp and paper industry, where they enhance paper strength and appearance. They serve as food additives to improve texture, viscosity, gel formation, adhesion, binding, moisture retention, and film formation, among other properties.

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The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis

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Market Dynamics:

Driver:
The market demand for modified starch is witnessing growth due to the emergence of new food processing methods in the food industry. Modified starch is extensively utilized in the food industry, leading to the growth of the global market. It is produced by incorporating enzymatic, chemical, and physical modifications to the original starch. The rise of multinational fast-food restaurant chains across different regions and the availability of diverse cuisines and products to meet consumer demand in various areas contribute to this growth. Fast-food restaurants hold a significant share of the food service industry, and as consumer demand for convenient food increases, there is a greater focus on competitive pricing and affordability.

Opportunities:
In the coming years, the modified starch market is expected to find promising opportunities in the dairy products industry. Modified maize starch is widely utilized in the dairy sector as a thickener, stabilizer, and emulsifier. It serves as a fat replacer and enhancer of creaminess in the production of yoghurt, especially in reduced-fat and fat-free variants. To introduce new dairy products, manufacturers are investing heavily in research and development. The use of modified maize starch in the dairy sector is anticipated to grow in the future.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help

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Market Segmentation

Segmentation Analysis of Modified Starch Market:
By Source, the corn segment is anticipated to register the maximum modified starch market share over the projected period. One of the most widely available raw commodities is corn.

By Application, the food and beverages segment is anticipated to register a significant growth rate over the forecasted timeline.

By Function, thickeners accounted for most of the modified starch market over the forecast period. Some of the key causes for this sector's rise include the expansion of the food business and people's greater indulgence.

By Type
• Corn
• Wheat
• Cassava
• Potato
• Others

By Function
• Thickeners
• Stabilizers
• Binders
• Emulsifiers

By Application
• Food & Beverages
• Feed
• Industrial
• Others

Regional Analysis of Modified Starch Market:
In the Asia Pacific region, the use of modified starch in a variety of applications is helping to drive growth. It thickens or stabilizes food products, particularly sauces. As a result of the growing market for sauces and condiments, the market for industrial starches is also expanding at a quicker rate. The demand for starch in the region has been pushed by the region's increasing manufacturing industries, which range from textiles to cosmetics.

By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Players Covered In Modified Starch Market are:
• ADM (US)
• Cargill (US)
• Ingredion (US)
• Tate & Lyle (UK)
• Roquette Frères (France)
• Avebe U.A (Netherlands)
• Grain Processing Corporation (US)
• Emsland (Germany)
• AGRANA (Austria)
• SMS Corporation (Thailand)
• Global Bio-Chem Technology Group (Hong Kong)
• SPAC Starch (India)
• Qindao CBH Company (China)
• Tereos (France)
• KMC (Denmark)
• Beneo (Germany)
• Angel

Key Industry Developments In Modified Starch Market
In April 2021, The Emwaxy Spray 200 was launched by EmslandGroup to meet the rapidly expanding demand for clean label alternative ingredients in the food industry. Emwaxy® Spray 200 is a low DE starch derivative with a high amylopectin content derived from potato starch.

In February 2021, Tate & Lyle PLC (Tate & Lyle), a major global provider of food and beverage ingredients and solutions, has finalized the purchase of an 85 percent stake in Chaodee Modified Starch Co., Ltd., a well-known Thai tapioca modified food starch manufacturer. On October 28, 2020, the signing of a conditional agreement for this transaction was announced.

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