The modified starches market in Denmark ended 2023 with a volume of 244.36 million kilograms, evidencing steady growth. Over the last two years, the market experienced annual variations of 5.55% in 2022 and 5.21% in 2023. Over a five-year horizon, the compound annual growth rate (CAGR) was 5.61%, illustrating a healthy upward trend.
Future trends to watch for include:
- Growing demand for clean-label and non-GMO ingredients.
- Expansion of modified starch applications in the food and beverage industry.
- Increased investment in research for sustainable and innovative starch modifications.
How does Denmark rank in Dextrins and Other Modified Starches Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 306,690,000 | 2023 | -1.62% | -1.3% | View data |
| 2 | 2 Denmark | 244,360,000 | 2023 | +5.21% | +5.61% | |
| 3 | 3 Finland | 207,890,000 | 2023 | +3.27% | -1.58% | View data |
| 4 | 4 Spain | 116,990,000 | 2023 | +2.56% | +4.35% | View data |
| 5 | 5 United Kingdom | 110,220,000 | 2023 | +0.086% | +1.4% | View data |