In 2023, the Brazilian Dextrins and Modified Starches market value was at $134.79 million. From 2013 to 2023, the market showed a notable decline, with a year-on-year variation that generally trended downwards. Particularly, in the last two years leading up to 2023, the market continued to decrease, with year-on-year variations of -7.76% in 2022 and -8.33% in 2023. Over the past five years, the compound annual growth rate (CAGR) was noted at -7.39%, indicating consistent contraction.
Future trends to monitor include:
- Adoption of modified starches in innovative food products driven by changing consumer preferences.
- Potential policy interventions or economic shifts that may impact production or demand.
- Technological advancements in starch modification processes that could rejuvenate market growth.
- Exploration of new applications in non-food industries that could boost demand.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 2,089,200,000 | 2023 | +0.19% | -0.15% | View data |
| 2 | 2 Germany | 1,052,800,000 | 2023 | -0.78% | -1.06% | View data |
| 3 | 3 France | 718,300,000 | 2023 | -1.82% | -2.48% | View data |
| 4 | 4 United Kingdom | 597,870,000 | 2023 | +0.076% | -0.94% | View data |
| 5 | 5 Italy | 391,420,000 | 2023 | -2.45% | -3.01% | View data |
| 13 | 13 Philippines | 175,320,000 | 2023 | +2.74% | +3.97% | View data |
| 14 | 14 South Africa | 174,250,000 | 2023 | +1.38% | +0.83% | View data |
| 15 | 15 Brazil | 134,790,000 | 2023 | -8.33% | -7.39% | |
| 16 | 16 Malaysia | 112,610,000 | 2023 | +0.4% | +0.15% | View data |
| 17 | 17 Colombia | 87,139,000 | 2023 | +0.67% | -1.53% | View data |