The Dextrins and Other Modified Starches Market in Mexico has shown fluctuating trends over the past decade. The market value stood at 201.23 Million US Dollars in 2023, with slight declines in the two preceding years. From 2013 to 2023, the market recorded mixed year-on-year variations ranging from a growth of 8.04% in 2013 to a notable drop of 16.41% in 2020. The compound annual growth rate (CAGR) over the recent five-year period reveals an average annual contraction of 1.77%.
Future trends to watch for:
- Potential recovery driven by rising demand for clean-label and functional food ingredients.
- Technological advancements improving the functionality of modified starches.
- Increased applications in non-food industries, such as pharmaceuticals and cosmetics.
| # | 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 |
| 9 | 9 Australia | 290,450,000 | 2023 | +1.98% | +1.42% | View data |
| 10 | 10 Spain | 258,890,000 | 2023 | -0.15% | -1.15% | View data |
| 11 | 11 Mexico | 201,230,000 | 2023 | -0.53% | -1.77% | |
| 12 | 12 Poland | 200,570,000 | 2023 | -2.19% | -0.64% | View data |
| 13 | 13 Philippines | 175,320,000 | 2023 | +2.74% | +3.97% | View data |