The Dextrins and Other Modified Starches market in Spain reached a value of $258.89 million in 2023, reflecting a slight decline of 0.15% compared to 2022. The market has experienced fluctuations with a negative Compound Annual Growth Rate (CAGR) of -1.15% over the past five years. Notably, market values varied significantly, peaking in 2019 and 2018, followed by declines. The sector remains volatile, reflecting broader economic conditions and shifts in consumer demand.
Future trends to watch include:
- Increased demand driven by innovation in food technology and health-conscious consumer choices.
- Potential growth in industrial applications, particularly in biodegradable materials.
- Market adjustments due to supply chain improvements and sustainability initiatives.
| # | 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 |
| 8 | 8 South Korea | 350,550,000 | 2023 | +1.71% | +1.63% | 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% | |
| 11 | 11 Mexico | 201,230,000 | 2023 | -0.53% | -1.77% | View data |
| 12 | 12 Poland | 200,570,000 | 2023 | -2.19% | -0.64% | View data |