The market for Dextrins and other modified starches in Singapore has seen fluctuations over the past decade. From 2012 to 2022, notable trends include a peak in 2013 with a 31.45% year-on-year increase and a trough in 2020 with a -6.57% decline attributed to the global pandemic. Over the last two years, the market has seen mild growth with a year-on-year increase of 3.99% in 2021 and 1.7% in 2022. The compound annual growth rate (CAGR) over the last five years has been modest at 2.86%, indicating stable but slow growth overall.
Future Trends: Moving forward, the dextrins and modified starches market in Singapore could be influenced by trends such as increased demand for natural food ingredients, advancements in food processing technologies, and rising health consciousness among consumers. Monitoring regulatory changes and innovations in the food and beverage industry will be crucial.
| # | 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 |
| 23 | 23 Vietnam | 50,639,000 | 2023 | +4.59% | +5.2% | View data |
| 24 | 24 Israel | 43,849,000 | 2023 | +0.95% | +2.44% | View data |
| 25 | 25 Singapore | 34,648,000 | 2023 | +2.92% | +3.49% | |
| 26 | 26 Romania | 24,375,000 | 2023 | +1.29% | -0.68% | View data |
| 27 | 27 Costa Rica | 21,147,000 | 2023 | +1.4% | +1.4% | View data |