The market value of Dextrins and Other Modified Starches in Norway has shown a marked decline from 2012 to 2022. The market decreased from $35.131 million in 2012 to $19.311 million in 2022, reflecting an overall shrinking market. Year-on-year variations reveal significant drops, particularly from 2012 to 2016, with a brief period of stabilization from 2017 to 2019, followed by continued decline through 2022. The Compound Annual Growth Rate (CAGR) shows a consistent negative trend over the years, with an average annual reduction of around 1.98% during the past five years.
Future trends to watch for include potential market stabilization or slight growth driven by innovations in starch modification technology, emerging applications in bioplastics, and increased demand for clean label products. Monitoring consumer preferences and advancements in related industries will be crucial in understanding the direction of this market.
| # | 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 |
| 27 | 27 Costa Rica | 21,147,000 | 2023 | +1.4% | +1.4% | View data |
| 28 | 28 Dominican Republic | 17,537,000 | 2023 | +2.24% | +2.73% | View data |
| 29 | 29 Norway | 15,854,000 | 2023 | -9.14% | -5.42% | |
| 30 | 30 Senegal | 11,597,000 | 2023 | +14.8% | +19.74% | View data |
| 31 | 31 Sri Lanka | 10,368,000 | 2023 | +3.28% | +4.24% | View data |
