The UK's modified starch market was at 398.0 million kilograms in 2023. The forecast anticipates a decline to 386.22 million kilograms by 2028. The volume is projected to decrease by about 0.51% year-on-year from 2024 to 2025 and by approximately 0.51% in the following years until 2028. This leads to a compound annual growth rate (CAGR) of -0.59% over the five-year period.
Future trends to watch for include:
- The impact of sustainable and alternative product development on market dynamics.
- Changes in regulatory policies concerning food safety and processed foods.
- Emerging consumer preferences and potential shifts towards healthier and organic products.
- Advancements in technology that could improve the efficiency of modified starch production.