The per capita value of the Canadian dextrins and other modified starches market stood at USD 9.30 in 2023. Forecasts indicate a gradual decline from 2024 to 2028, from USD 9.29 to USD 9.22. The clear pattern is a slight year-on-year decrease of approximately 0.2%, leading to an overall CAGR of -0.14% over the five-year forecast period.
Future trends to watch for include:
- Increasing demand for plant-based products could influence modified starch usage.
- Technological advancements may lead to new applications and diversification of dextrins.
- Regulatory changes affecting food labeling and health standards could impact market dynamics.