The Dextrins and Other Modified Starches Market in Sri Lanka, valued at $10.368 million in 2023, has shown a fluctuating but overall upward trend over the last decade. From 2016 to 2019, the market experienced significant growth with substantial year-on-year increases, followed by a slight decline in 2020. Recovery continued into 2021 with a 9.12% increase, and slower growth persisted into 2023. Over the last five years, the market has achieved a compound annual growth rate (CAGR) of 4.24% indicating moderate expansion.
Future trends to watch include increased demand for modified starches driven by evolving food and beverage industry needs, potential new applications in pharmaceutical and industrial sectors, and the influence of sustainable and eco-friendly production practices affecting market dynamics.
| # | 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 |
| 29 | 29 Norway | 15,854,000 | 2023 | -9.14% | -5.42% | View data |
| 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% | |
| 32 | 32 Belarus | 9,336,400 | 2023 | -2.23% | -1.28% | View data |
| 33 | 33 Croatia | 9,075,400 | 2023 | +0.44% | +0.21% | View data |
