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Modified Starch Market by Raw Material, Function, Application, and Region - Global Forecast to 2022

Modified Starch Market: Global Forecast until 2022

  • February 2017
  • 215 pages
  • ID: 4716219
In this report:
The Asia-Pacific region is expected to be the fastest-growing market in terms of value, at a CAGR of ##.##% for the period from 2017 to 2022.
In the RoW region, beverages, as a subsegment of the food & beverage application, is expected to grow at a significant rate of ##.##% during the period from 2017 to 2022.

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"Modified starch market is estimated to rise at a compound annual growth rate of 4.10 percent"

The modified starch market is estimated to rise at a compound annual growth rate of 4.10 percent from 2017 and attain ~$12.1B by 2022. The industry demand for modified starch is expected to grow, due to the developments in industries including paper, textiles, and the increasing demand for convenience food products in the Asia-Pac region drive the modified starch market. Low production due to adverse climatic conditions and rise in use of raw materials for biofuel production is affecting the supply chain of raw materials for modified starch.

"The cassava segment, by raw material, is estimated to be the quickest-rising"

Cassava is a widely grown tuber in most African and Asian countries and it is also the most economic source of starch on a overall level. The cassava segment, by raw material, is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022, in terms of value importance. Modified cassava starch is extensively used in a range of applications including food & beverages, paper-making, textiles, chemicals, constructions, adhesives, and pharmaceuticals. Asia continent being the center for the production and consumption trends for the overall modified starch market, cassava starch in Asia area is forecasted to be the top driver in the outlook, with a prime focus on convenience foods in China (CN) and India (IN).

"Asia-Pac expected to be the quickest-increasing area in the industry"

The Asia Pacific (APAC) area recorded for the second biggest share, in terms of both value and quantity, in the overall modified starch market, in 2015. The industrial applications and technologies engaged in starch processing are changing quickly in the Asia-Pacific countries, especially the sub-continent. The income for starch from the food and non-food markets is forecasted to grow at a significant rate of 4%-5%. Corn and cassava form the main sources of modified starch in Asia Pacific (APAC), with China (CN) being the main actor, succeeded by India (IN).

Distribution of primaries:

- By Company category: Tier 1 - 50 %, Tier 2 - 22.0 percent, and Tier 3 - 28.0 percent

- By Description: C-suite - 28.0 percent, D-level - 22.0 percent, and Others - 50.0 percent

- By area: North america (NA) - 59.0 percent, Asia-Pacific - 22.0 percent, Europe - 11.0 percent, and rest of the world - 08.0 percent

The overall market for modified starch is leaded by, is monopolized by big players such Cargill, Ingredion Incorporated, Archer Daniels Midland Company, Tate & Lyle Plc., and Roquette Frères. Other actors in this industry segment contain Avebe U. A., Emsland-Starke GmbH, Grain Processing Corporation, Agrana Beteiligungs-AG, and Global Bio-Chem Technology Group Ltd..

Segment Research

The industry report examines the modified starch market across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including raw material, application, function, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT analyses, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global modified strach market and the sub-segments. This industry report will facilitate partners to better find out the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The market research also benefits the partners to comprehend the the market and offers them information on main market drivers, market restraints, opportunities, and alternatives.

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