The modified starch market in Croatia reached 28.659 million euros in 2023, indicating a slight contraction compared to previous years, with a year-on-year decrease of 0.21%. Over the past decade, the market experienced fluctuations, with notable declines in 2014 and 2015, followed by some recovery. From 2019 onwards, the market showcased a gradual downtrend with an overall negative CAGR of 1.56% from 2019 to 2023, reflecting a subtle yet consistent decline in market value.
Future trends to watch for include the impact of technological advancements in starch modification, increased demand for clean-label and organic products, potential regulatory changes, and shifts in consumer preferences that may drive innovation and diversification in product offerings within the market.
How does Croatia rank in Modified Starch Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 541,380,000 | 2023 | +6.99% | +9.61% | View data |
| 2 | 2 United Kingdom | 500,160,000 | 2023 | +2.21% | +2.79% | View data |
| 3 | 3 Italy | 361,460,000 | 2023 | +2.16% | +2.28% | View data |
| 4 | 4 Finland | 306,690,000 | 2023 | +1.71% | -0.15% | View data |
| 5 | 5 Poland | 140,960,000 | 2023 | -1% | +1.34% | View data |
| 8 | 8 Portugal | 61,819,000 | 2023 | -0.18% | +3.09% | View data |
| 9 | 9 Czech Republic | 59,383,000 | 2023 | +0.14% | +1.3% | View data |
| 10 | 10 Croatia | 28,659,000 | 2023 | -0.21% | -1.56% | |
| 11 | 11 Slovenia | 15,203,000 | 2023 | +1.51% | +1.79% | View data |
