The Modified Starch market in Austria has fluctuated between 2013 and 2023, showing a general decline. In 2013, the market size was 75.27 million kilograms. By 2023, this value reduced to 65.982 million kilograms. Year-on-year variations illustrate a mixed trend; with notable declines in 2015 and 2019, and a slight increase in 2018 and 2021. The Compound Annual Growth Rate (CAGR) over the past 5 years is -1.73%, indicating a general downturn in market volume.
Future trends to watch for include technological advancements in starch modification, shifts in consumer health trends toward natural additives, and potential regulatory changes affecting modified starch usage in food and industrial applications. Keeping an eye on these factors could provide insights into future market dynamics.
How does Austria 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% | |
| 8 | 8 Czech Republic | 63,110,000 | 2023 | -0.99% | -1.34% | View data |
| 9 | 9 Greece | 50,253,000 | 2023 | -0.5% | +1.63% | View data |