From 2013 to 2023, the Canadian market for dextrins and other modified starches experienced fluctuations with the value reaching 351 million USD in 2023. In recent years, the market showed slight growth with a year-on-year change of 0.52% in 2023, following a 0.53% rise in 2022. The compound annual growth rate (CAGR) from 2018 to 2023 stands at 0.98%, indicating modest but consistent expansion.
Future trends to watch for include:
- Increasing demand from the food and beverage industry as consumers seek healthier and gluten-free options.
- Technological advancements in starch modification processes enhancing product applications.
- Potential impacts of economic conditions and regulatory changes on market dynamics.
| # | 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 |
| 6 | 6 India | 371,140,000 | 2023 | +7.99% | +4.45% | View data |
| 7 | 7 Canada | 351,000,000 | 2023 | +0.52% | +0.98% | |
| 8 | 8 South Korea | 350,550,000 | 2023 | +1.71% | +1.63% | View data |
| 9 | 9 Australia | 290,450,000 | 2023 | +1.98% | +1.42% | View data |