The European Modified Starch Market in 2023 saw Denmark leading in market value share, followed by the United Kingdom and Italy. Denmark exhibited the highest year-on-year growth at 9.61%, while Finland saw a slight decline of 0.15%. Over the recent two years, most countries reflected modest growth, with Slovenia at 1.79%. The cumulative average growth rate over the last five years indicates stabilization, pointing to consistent demand and production efficiency improvements.
In 2024, the European Modified Starch Market is forecasted to focus on sustainable production processes and innovative applications, such as in biodegradable plastics and non-food sectors. Monitoring shifting consumer preferences for eco-friendly products will be key to market expansion.
Top countries in Modified Starch Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 25.01 | 2023 | +6.99% | +9.61% | View data |
| 2 | 2 United Kingdom | 23.11 | 2023 | +2.21% | +2.79% | View data |
| 3 | 3 Italy | 16.7 | 2023 | +2.16% | +2.28% | View data |
| 4 | 4 Finland | 14.17 | 2023 | +1.71% | -0.15% | View data |
| 5 | 5 Poland | 6.51 | 2023 | -1% | +1.34% | View data |
| 6 | 6 Austria | 3.59 | 2023 | -0.86% | -0.42% | View data |
| 7 | 7 Greece | 3.27 | 2023 | +0.55% | +2.99% | View data |
| 8 | 8 Portugal | 2.86 | 2023 | -0.18% | +3.09% | View data |
| 9 | 9 Czech Republic | 2.74 | 2023 | +0.14% | +1.3% | View data |
| 10 | 10 Croatia | 1.32 | 2023 | -0.21% | -1.56% | View data |
