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Modified Starch Market Trends

Report ID: GMI8997
Published Date: Apr 2024
Report Format: PDF

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Modified Starch Market Trends

In the modified starch industry, several key trends are shaping industry dynamics. One prominent trend is the increasing demand for clean-label and natural ingredients, driven by consumer preferences for healthier and more transparent food products. This trend has led to a growing emphasis on modified starches derived from natural sources such as corn, cassava, and potato, as they are perceived as more wholesome alternatives to synthetic additives. Manufacturers are responding to this demand by investing in research and development to develop innovative modification techniques that maintain or enhance the functional properties of modified starches while meeting clean-label requirements.

Another significant trend is the diversification of application areas for modified starches beyond traditional food and beverage uses. Industries such as pharmaceuticals, papermaking, textiles, and personal care are increasingly recognizing the benefits of modified starches in improving product performance and functionality. This expanding application scope is driving market growth and prompting manufacturers to tailor their product offerings to meet the specific requirements of these diverse industries. Additionally, advancements in biotechnology and enzymatic modification techniques are opening up new possibilities for the development of customized modified starches with enhanced functionalities, further fueling market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of modified starch recorded USD 13.7 billion in 2023 and is set to witness 5.2% CAGR from 2024 to 2032, owing to the increasing consumer preference for natural and clean-label ingredients.

The resistant product segment accounted for USD 6.3 billion in revenue in 2023, due to its beneficial impact on digestive health and low glycemic index.

North America market size was USD 4.4 billion in 2023, on account of the well-established food & beverage and agriculture sector.

ADM (Archer Daniels Midland Company), Agrana Beteiligungs AG, Avebe U.A., Beneo-Remy N.V., Cargill, Incorporated, China Essence Group Ltd., Emsland-Stärke GmbH, Global Bio-Chem Technology Group Company Limited, Grain Processing Corporation, Ingredion Incorporated, PT Budi Starch & Sweetener Tbk, are some of the major modified starch companies worldwide.