In 2023, the actual import value of dextrins and other modified starches to the UK stood at an undisclosed figure. From 2024 onwards, a steady year-on-year increase is forecasted, with values rising from $165.32 million in 2024 to $170.9 million in 2028, indicating modest annual growth. The forecasted Compound Annual Growth Rate (CAGR) over these five years is conservative, showcasing a stable demand in the UK market for these products without dramatic shifts.
Key future trends to watch for include:
- Potential fluctuations in raw material costs affecting prices.
- Shifts in consumer preferences towards modified starches due to health trends.
- Regulatory changes in food additives and their impact on the import market.
- Technological advancements in starch modification processes influencing quality and demand.