The Modified Starch Market in Poland has exhibited notable fluctuations over the past decade. Commencing at a value of 149.31 million euros in 2012, the market experienced dips and surges, peaking in 2014 at 181.5 million euros and hitting a low in 2017 at 127.83 million euros. Although the market showed signs of recovery in subsequent years, it remained relatively stable from 2019 to 2022, hovering around 148 million euros.
The Compound Annual Growth Rate (CAGR) indicated a mixed performance, with the latest five-year period yielding a negative CAGR of -0.33%. Year-on-year trends highlight significant volatility, including a substantial drop of 18.85% in 2017 and minor fluctuations of 1.28% in 2020 and -0.24% in 2022.
Looking ahead to 2023, trends suggest the market value to remain relatively unchanged from the previous year, continuing a stagnant trajectory. Future trends to watch out for include advancements in bio-based materials, increased demand for clean-label products, and innovations in food and pharmaceutical applications which may drive market growth.
How does Poland rank in Modified Starch Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 541,380,000 | 2023 | +6.99% | +9.61% | View data |
| 2 | 2 United Kingdom | 500,160,000 | 2023 | +2.21% | +2.79% | View data |
| 3 | 3 Italy | 361,460,000 | 2023 | +2.16% | +2.28% | View data |
| 4 | 4 Finland | 306,690,000 | 2023 | +1.71% | -0.15% | View data |
| 5 | 5 Poland | 140,960,000 | 2023 | -1% | +1.34% | |
| 6 | 6 Austria | 77,694,000 | 2023 | -0.86% | -0.42% | View data |
| 7 | 7 Greece | 70,850,000 | 2023 | +0.55% | +2.99% | View data |
