In 2023, Germany leads the European modified starch market with the largest volume share, followed by Italy and Denmark. Germany's market shows a robust growth of 3.8%, while Italy experiences a moderate increase of 2.25%. Denmark and the UK see slight declines, and Finland's market contracts significantly by 2.76%. Poland is notable for its substantial growth of 5.01%. Minor variations are observed in Austria, Czech Republic, Greece, Portugal, Croatia, and Slovenia, with Slovenia experiencing a notable rise of 3.4%.
Future trends to watch include:
- Continued growth in Poland and Germany related to industry expansion and innovation.
- Potential recovery factors in Finland and Austria as market conditions stabilize.
- Impact of sustainability and green manufacturing practices, likely to influence market dynamics in Western Europe.
Top countries in Modified Starch Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.9 | 2023 | -0.21% | +3.8% | View data |
| 2 | 2 Italy | 13.05 | 2023 | +2.12% | +2.25% | View data |
| 3 | 3 Denmark | 12.06 | 2023 | +2.01% | -0.061% | View data |
| 4 | 4 United Kingdom | 10.95 | 2023 | -0.48% | -0.35% | View data |
| 5 | 5 Finland | 8.8 | 2023 | -0.13% | -2.76% | View data |
| 6 | 6 Poland | 6.78 | 2023 | +2.4% | +5.01% | View data |
| 7 | 7 Austria | 1.82 | 2023 | -1.02% | -1.73% | View data |
| 8 | 8 Czech Republic | 1.74 | 2023 | -0.99% | -1.34% | View data |
| 9 | 9 Greece | 1.39 | 2023 | -0.5% | +1.63% | View data |
| 10 | 10 Portugal | 1.37 | 2023 | -2.99% | -0.54% | View data |
