The modified starch market in Croatia reached a volume of 25.956 million kilograms in 2023. Over the last decade, the market experienced both contraction and growth, with significant expansion noted in 2017. The year-on-year growth rates were notable, especially in 2016 and 2017, but recent years have seen moderate increases around 3%. The compound annual growth rate (CAGR) over the past five years is relatively stable, indicating consistent demand with slight fluctuations in the market.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier and natural products.
- Technological advancements in starch modification techniques.
- Changing regulations regarding the use of modified starch in food and industrial applications.
- Economic factors affecting raw material availability and pricing in the region.
How does Croatia rank in Modified Starch Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,480,000,000 | 2023 | -0.21% | +3.8% | View data |
| 2 | 2 Italy | 472,090,000 | 2023 | +2.12% | +2.25% | View data |
| 3 | 3 Denmark | 436,260,000 | 2023 | +2.01% | -0.061% | View data |
| 4 | 4 United Kingdom | 396,140,000 | 2023 | -0.48% | -0.35% | View data |
| 5 | 5 Finland | 318,430,000 | 2023 | -0.13% | -2.76% | View data |
| 9 | 9 Greece | 50,253,000 | 2023 | -0.5% | +1.63% | View data |
| 10 | 10 Portugal | 49,658,000 | 2023 | -2.99% | -0.54% | View data |
| 11 | 11 Croatia | 25,956,000 | 2023 | +3.07% | +0.48% | |
| 12 | 12 Slovenia | 15,287,000 | 2023 | +2.14% | +3.4% | View data |
