The global modified starch industry is expected to reach
Dublin, June 23, 2022 (GLOBE NEWSWIRE) — The “Global Modified Starch Market Size, Share and Trend Analysis Report by Raw Material (Maize, Potato, Cassava, Wheat), By Application, By Form (Dry & Liquid), By Regional Outlook & Forecast, 2022 – 2028” report has been added to from ResearchAndMarkets.com offer.
The global modified starch market size is expected to reach USD 15.1 billion by 2028, with the market growing at 3.8% CAGR during the forecast period.
Native starches are used to make modified starches. To manufacture different types of modified starch products, several processing methods are used, such as physical, enzymatic, wet and dry chemical processes, drum drying and extrusion. To meet industrial requirements, these techniques are used to modify the properties of native starch, such as freeze-thaw stability, acid or alkali resistance, and shear stability. Thickening, stabilization, binding and emulsification are all roles played by modified starches. It is used in a variety of non-food applications as well as in the animal feed sector, in addition to food products.
Due to their partially digestible nature and gluten-free qualities, modified starches are commonly used in the food industry as thickening, stabilizing or emulsifying agents. They provide less fat than ordinary starchy foods. Due to their binding properties, modified starches are widely used in the paper industry to produce high strength, high quality paper with suitable surface size, coating and calendering. Modified starch is also used in the pharmaceutical, textile, animal feed, cosmetic and other sectors.
In the long term, as the global economy improves resulting in increased consumption of processed foods and convenience foods, the market for modified starch, which is widely used in various food applications, will witness growth in demand, propelling the entire market. The demand for modified starches contributes to the rapid development of the food industry. Modified starches provide a plethora of functional gains to a wide range of foods, including baked goods, snacks, beverages, and nutritional foods. While convenience will continue to be a crucial driver in the future of the market, growing consumer demand for healthy options is changing what it takes to stand out.
To gain market share, manufacturers have easily incorporated the Clean Label model into their products. The modified starch market is fueled by the increase in convenience food consumption and the ease with which its functional qualities can be modified. The increased use of modified starch in the pharmaceutical, cosmetics and paper industries is also contributing to the expansion.
COVID-19 Impact Analysis
In a short time, the COVID-19 pandemic has wreaked havoc on businesses across a wide range of sectors, including the food and beverage supply chain. The most common misconception about COVID-19 is that empty shelves in grocery stores indicate a food shortage. This is due to recent grocery store rushes, which have caused short-term supply chain disruptions as the supply chain catches up and restocks. The pandemic has had both positive and negative consequences for the modified starch industry as a whole. As customers rush to stock their pantries, sales of processed and packaged goods have soared. The COVID-19 pandemic is expected to increase the consumption of processed items and other shelf stable items with a longer shelf life.
Market Growth Factors
Growing demand for prepared and processed foods
In most industrialized countries, customers consume ready meals on a daily basis. Ready meals require a lot of processing and preparation, which is facilitated by technical advances in preservation, packaging, freezing, artificial flavors and ingredients, among others.
Convenience foods are clearly popular in North American and European countries based on their annual consumption rates. People often lead busy, isolated lives that don’t allow them time to prepare their food at home. Globalization and the resulting changes in lifestyles have led to an increase in the consumption of convenience foods in various countries around the world, especially in the growing Asian markets, which has led to an increase in the request for modified starch.
Modified starch is suitable for use in animal nutrition and pet food
Due to its low protein and fat/lipid content, modified starch has a high viscosity and improves the taste, smell and color of the dish in which it is used. It can be used in a variety of meals and has good organoleptic qualities. Native modified starch is also suitable for use in animal nutrition and pet food.
It provides animals with a source of digestible energy and allows the texture of the finished product to be adapted and/or improved during the palletizing and extrusion processes. Potato starch stands out among the main industrially manufactured modified starches due to its unique properties, which make it a popular ingredient in the production of pet food, especially for dogs.
Marketing Restriction Factor:
Regulations against modified starch
Where some markets have the most lax rules regarding health claims that can be made with modified starch. Few markets, on the other hand, have stricter controls, no health claims are allowed for food additives, but structure or function claims are allowed. Modified starch health claims are the most regulated in European markets. Due to these strict laws and regulations, manufacturers and distributors face manufacturing and distribution issues as they face difficulty in the manufacturing and distribution approval process.
Main topics covered:
Chapter 1. Market Scope and Methodology
Chapter 2. Market Overview
184.108.40.206 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market constraints
Chapter 3. Strategies deployed in the Modified Starch market
Chapter 4. Global Modified Starch Market by Raw Material
4.1 Global Corn Market by Region
4.2 Global Potato Market by Region
4.3 Global Cassava Market by Region
4.4 Global Wheat Market by Region
4.5 Global Others Market by Region
Chapter 5. Global Modified Starch Market by Application
5.1 Global Food and Beverage Market by Region
5.2 Global Modified Starch Market by Food and Beverage Type
5.2.1 Global Bakery and Confectionery Market by Region
5.2.2 Global Beverage Market by Region
5.2.3 Global Processed Foods and Others Market by Region
5.3 Global Animal Feed Market by Region
5.4 Global Industrial Market by Region
5.5 Global Modified Starch Market by Industrial Type
5.5.1 Global Tissue Paper Market by Region
5.5.2 Global Weaving and Textiles Market by Region
5.5.3 Global Drugs and Pharmaceuticals Market by Region
5.5.4 Global Cosmetics Market by Region
5.5.5 Global Others Market by Region
Chapter 6. Global Modified Starch Market by Form
6.1 Global Dry Market by Region
6.2 Global Liquids Market by Region
Chapter 7. Global Modified Starch Market by Region
Chapter 8. Business Profiles
8.1 Archer Daniels Midland Company
8.1.1 Company Overview
8.1.2 Financial analysis
8.1.3 Sectoral and regional analysis
8.1.4 Research and development costs
8.1.5 Strategies and recent developments:
220.127.116.11 Partnerships, collaborations and agreements:
8.2 Ingredient, Incorporated
8.2.1 Company Overview
8.2.2 Financial analysis
8.2.3 Regional Analysis
8.2.4 Research and development costs
8.2.5 Strategies and recent developments:
18.104.22.168 Product launches and product extensions:
22.214.171.124 Acquisition and merger:
8.3 PLC Tate & Lyle
8.3.1 Company overview
8.3.2 Financial analysis
8.3.3 Segmental analysis
8.3.4 Research and development costs
8.3.5 Strategies and recent developments:
126.96.36.199 Partnerships, collaborations and agreements:
188.8.131.52 Acquisition and merger:
8.4 Cargill Corporation
8.4.1 Company Overview
8.4.2 Strategies and recent developments:
184.108.40.206 Partnerships, collaborations and agreements:
8.5 Royal Ingredients Group BV
8.5.1 Company Overview
8.6 Royal Avebe UA
8.6.1 Company Overview
8.7 Emsland Group
8.7.1 Company Overview
8.7.2 Strategies and recent developments:
220.127.116.11 Partnerships, collaborations and agreements:
8.8 KMC Ingredient Company
8.8.1 Company Overview
8.9 Tereos SA
8.9.1 Company Overview
8.10. Roquette Brothers SA
8.10.1 Company Overview
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