In South Korea, the Dextrins and Other Modified Starches Market showed a fluctuating trajectory from 2013 to 2023, with the market reaching a value of 350.55 million USD in 2023. Over the past decade, the market experienced both growth and declines, with notable variations such as a sharp increase in 2020 (8.76%) and subsequent years showing more modest changes. Specifically, the year-on-year variation for the last two years was 1.76% in 2022 and 1.71% in 2023, reflecting steady growth. The Compound Annual Growth Rate (CAGR) over the last five years was 1.63%, signaling moderate yet consistent development.
Future trends to watch for include technological advancements in starch modification, increased demand from various industries like food and beverage, pharmaceuticals, and paper manufacturing, and potential impacts of global economic conditions on raw material availability and pricing. Sustainability and eco-friendly production practices are also key factors that may shape 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% | View data |
| 8 | 8 South Korea | 350,550,000 | 2023 | +1.71% | +1.63% | |
| 9 | 9 Australia | 290,450,000 | 2023 | +1.98% | +1.42% | View data |
| 10 | 10 Spain | 258,890,000 | 2023 | -0.15% | -1.15% | View data |
