The modified starch market in the Czech Republic has experienced fluctuating trends over the past decade. By 2023, the volume reached 63.11 million kilograms. The market showed significant volatility, with notable peaks in 2013 and 2020, and declines post-2015. The past two years revealed a consistent decrement, with year-on-year variations of -0.99% in both 2022 and 2023. Over the last five years, a compound annual growth rate (CAGR) of -1.34% indicates a generally declining trend.
Future trends to watch for include technological advancements in starch modification, evolving consumer preferences towards healthier food options, and the potential impacts of environmental and regulatory policies on production and usage in the sector.
How does the Czech Republic rank in Modified Starch Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,480,000,000 | 2023 | -0.21% | +3.8% | View data |
| 2 | 2 Italy | 472,090,000 | 2023 | +2.12% | +2.25% | View data |
| 3 | 3 Denmark | 436,260,000 | 2023 | +2.01% | -0.061% | View data |
| 4 | 4 United Kingdom | 396,140,000 | 2023 | -0.48% | -0.35% | View data |
| 5 | 5 Finland | 318,430,000 | 2023 | -0.13% | -2.76% | View data |
| 6 | 6 Poland | 245,430,000 | 2023 | +2.4% | +5.01% | View data |
| 7 | 7 Austria | 65,982,000 | 2023 | -1.02% | -1.73% | View data |
| 8 | 8 Czech Republic | 63,110,000 | 2023 | -0.99% | -1.34% | |
| 9 | 9 Greece | 50,253,000 | 2023 | -0.5% | +1.63% | View data |
| 10 | 10 Portugal | 49,658,000 | 2023 | -2.99% | -0.54% | View data |
