Modified Starch Market Analysis, Development, and Forecast by 2031

Analyst Perspective 

The global modified starch market is expected to register a CAGR of ~4%.The modified starch market is expanding due to increased demand for processed and convenience food.  Increasing consumer preference for clean-label and health-conscious products has increased the demand for modified starch.  Changing dietary patterns and the need for functional ingredients in various industries, including food, pharmaceuticals, and textiles, drives the market growth.  Consumer perception, raw material fluctuations, and competition are significant challenges that may hamper modified starch market growth.  Innovations in applications, clean label trends, and sustainability focus are considered growth opportunities for the modified starch market.  

Market Overview

It is a modified starch versatile ingredient derived from natural sources like corn, tapioca, and potato.  Modified starch is a crucial and helpful component in manufacturing ready-to-eat food products.  It applies to various industries, including food & beverages, animal feed, pharmaceuticals, etc.  Modified starch is a thickening agent and texture enhancer, keeping meals shelf-stable and appealing.  It improves food products' quality and sensory attributes, increasing demand for modified starch.  New modification techniques create starches with even more specific functionalities, catering to diverse industry needs.  With the rising preference for clean-label products, there is a growing focus on natural and organic modified starch alternatives to meet the demand for healthier and more transparent ingredient lists.  Ongoing research and development efforts drive innovations in modified starch production methods, leading to more efficient food quality.  The modified starch market is anticipated to grow in the forecasted period due to the high demand for convenience foods.

Market Drivers

• Increasing demand for processed and convenience food

Busy lifestyles and increasing disposable income fuel the demand for ready-to-eat meals, where modified starch is vital in texture and shelf life.

• Increasing awareness of gluten-free products

Modified starches from non-gluten sources like tapioca and potato cater to the gluten-sensitive population

• Diverse industrial application

Expanded use in industries such as pharmaceuticals and textiles enhances the overall market demand for modified starch.

The factors mentioned above are likely to drive the market growth of modified starch.

Market Segmentation

The global modified starch market is segmented based on raw materials, form, and application.  The modified starch market is segmented based on raw material into corn, wheat, potato, cassava, and others.  The modified starch market is segmented based on form into dry and liquid.  The modified starch market is segmented based on application into food and beverages, animal feed, cosmetics & personal care, and others.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information.  It gives an overview and forecast of the global modified starch market based on several segments.  It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America.  The modified starch market by region is also sub-segmented by respective countries and segments.  The modified starch market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.

The report analyses factors affecting the modified starch market from both the demand and supply side.  Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends.  The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the modified starch market in these regions.

Key Players

The reports cover vital organic and inorganic growth strategy developments in the modified starch market.  Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others.  Inorganic growth strategies activities observed in the market were partnerships & collaborations acquisitions.  These activities have paved the way for the development of the business and customer base of market players.  The market players in the modified starch market are expected to have lucrative growth opportunities with the increasing demand for processed food in the global market.

The report includes key companies' profiles, SWOT analysis, and modified starch market strategies.  The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the modified starch market.

• ADM
• Avebe
• Cargill, Incorporated
• Ingredion inc
• The Emsland Group
• Roquette
• Tate & Lyle
• KMC
• Tereos
• Agran

Modified Starch Report Scope