The Dextrins and Other Modified Starches market in Belgium has experienced a consistent decline from 2013 to 2023, characterized by a decrease in market size value from $129.83 million to $76.009 million. Year-on-year variations depict volatility with a significant downturn noted in 2015 and 2020. The Compound Annual Growth Rate (CAGR) over the last five years was -1.7%, indicating a steady decline. The market may have reached maturity, with minor fluctuations failing to reverse the downward trend significantly.
Future trends to watch for include potential growth due to increased applications in new industrial sectors, such as bioplastics and food innovation, and technological advancements that may drive demand. Additionally, sustainability trends and demand for cleaner, plant-based products could open opportunities for market recovery.
| # | 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 |
| 16 | 16 Malaysia | 112,610,000 | 2023 | +0.4% | +0.15% | View data |
| 17 | 17 Colombia | 87,139,000 | 2023 | +0.67% | -1.53% | View data |
| 18 | 18 Belgium | 76,009,000 | 2023 | -2.21% | -1.7% | |
| 19 | 19 Chile | 71,791,000 | 2023 | -1.33% | -0.44% | View data |
| 20 | 20 Egypt | 61,120,000 | 2023 | -2.54% | -2.58% | View data |
