The Dextrins and Other Modified Starches market in Brazil exhibited a declining trend from 2013 to 2023, with the per capita market size reducing from $1.48 in 2013 to $0.56 by 2023 in USD. Notably, the most significant decreases were between 2013 and 2019, reflecting a gradual, consistent contraction, and again post-2020 due to external factors like economic shifts.
- Between 2022 and 2023, the value per capita dropped from $0.64 to $0.56, marking a year-on-year decline of around 12.5%.
- Evaluating a broader timeline, the compound annual growth rate (CAGR) over the past five years from 2018 to 2023 indicates an annual average decline of approximately 10%.
Looking forward, the market may be influenced by shifts in consumer preferences towards natural ingredients, regulatory changes, and innovations in starch modification. Additionally, economic recovery trends and agricultural advancements could potentially stabilize the market, mitigating the observed declines.
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 16.6 | 2023 | View data | ||
| 2 | 2 Germany | 12.69 | 2023 | View data | ||
| 3 | 3 Australia | 10.64 | 2023 | View data | ||
| 4 | 4 France | 9.84 | 2023 | View data | ||
| 5 | 5 Canada | 9.31 | 2023 | View data | ||
| 29 | 29 Belarus | 0.98 | 2023 | View data | ||
| 30 | 30 Egypt | 0.66 | 2023 | View data | ||
| 31 | 31 Brazil | 0.56 | 2023 | |||
| 32 | 32 Vietnam | 0.52 | 2023 | View data | ||
| 33 | 33 Senegal | 0.5 | 2023 | View data | ||
