The Dextrins and Other Modified Starches market in Croatia has experienced a gradual decline from 2013 to 2023, with the market size value standing at 14.785 million euros in 2023. The year-on-year variation indicates a general downward trend, with a notable drop of 7.4% in 2022 and a further decline of 2.21% in 2023. The compound annual growth rate over the last five years shows an average annual decrease of 1.71%.
Future trends to watch for include:
- Increased demand for clean-label and organic starch products.
- Technological advancements improving modification processes.
- Potential market stabilization as demand aligns with emerging food industry trends.
- Opportunities in the pharmaceutical and packaging industries for modified starch applications.
How does Croatia rank in Dextrins and Other Modified Starches Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 584,140,000 | 2023 | +4.83% | +6.57% | View data |
| 2 | 2 Finland | 186,530,000 | 2023 | -1.26% | -1.34% | View data |
| 3 | 3 Denmark | 170,170,000 | 2023 | +1.9% | +1.15% | View data |
| 4 | 4 United Kingdom | 78,858,000 | 2023 | -1.18% | -1.98% | View data |
| 5 | 5 Austria | 49,764,000 | 2023 | +1.12% | +1.36% | View data |
| 6 | 6 Czech Republic | 37,034,000 | 2023 | +3.5% | +3.05% | View data |
| 7 | 7 Croatia | 14,785,000 | 2023 | -2.21% | -1.71% |