The modified starch market in Greece exhibited a fluctuating growth pattern from 2013 to 2023, showing slight declines and gradual recovery. In 2023, the market size reached 70.85 million Euros. The year-on-year growth for 2022 and 2023 was modest, at 0.18% and 0.55%, respectively. Over the five-year period from 2018 to 2023, the market experienced a CAGR of 2.99%, indicating steady expansion following initial declines earlier in the decade.
Future trends to watch:
- Increasing demand for convenience foods and clean-label ingredients could drive market growth.
- The push for eco-friendly and sustainable production processes may influence product innovation.
- Potential impacts of economic fluctuations and regulatory changes on market dynamics.
How does Greece rank in Modified Starch Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 541,380,000 | 2023 | +6.99% | +9.61% | View data |
| 2 | 2 United Kingdom | 500,160,000 | 2023 | +2.21% | +2.79% | View data |
| 3 | 3 Italy | 361,460,000 | 2023 | +2.16% | +2.28% | View data |
| 4 | 4 Finland | 306,690,000 | 2023 | +1.71% | -0.15% | View data |
| 5 | 5 Poland | 140,960,000 | 2023 | -1% | +1.34% | View data |
| 6 | 6 Austria | 77,694,000 | 2023 | -0.86% | -0.42% | View data |
| 7 | 7 Greece | 70,850,000 | 2023 | +0.55% | +2.99% | |
| 8 | 8 Portugal | 61,819,000 | 2023 | -0.18% | +3.09% | View data |
| 9 | 9 Czech Republic | 59,383,000 | 2023 | +0.14% | +1.3% | View data |
