The Dextrins and Other Modified Starches market in India has seen variable growth. Between 2012 and 2015, there was a consistent upward trend, peaking at a 2015 value of 273.97 million USD. The following years exhibited fluctuations, with minor declines in 2016 and 2018 and a significant dip in 2020 due to multiple market disruptions. By 2022, the market showed modest recovery, standing at 304.09 million USD. The most recent data from 2023, indicates a continued stable market value. Over the past five years, the compound annual growth rate (CAGR) has been minimal, averaging around 0.16%, showing that the market has stabilized after past volatility.
Future trends to watch for include:
- Increased demand for modified starches in food and non-food applications.
- Technological advancements enhancing product quality and applications.
- Adoption of sustainability practices in production impacting market dynamics.
- Regulatory changes and their influences on domestic production and imports.
| # | 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 |
| 6 | 6 India | 371,140,000 | 2023 | +7.99% | +4.45% | |
| 7 | 7 Canada | 351,000,000 | 2023 | +0.52% | +0.98% | View data |
| 8 | 8 South Korea | 350,550,000 | 2023 | +1.71% | +1.63% | View data |
