Global Modified Starch Market Expands with Increasing Consumption of Functional Foods Worldwide

2024-11-07 03:12:39 Lifestyle

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In a report presented by Transparency Market Research, the progression of the global modified starch market for the 2012-2018 period is looked into at length. The report delves into factors that will result in the exponential growth of this market expected in the forecast period. The report?s title is ?Modified Starch Market - Global Industry Size, Share, Trends, Analysis And Forecast, 2012 ? 2018.?

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The report is an all-inclusive tool for a comparative analysis on how the market for modified starch will exhibit growth in the coming years. The report also examines vital aspects of the modified starch market such as prevalent trends, driving forces, and prospects that are propelling the market?s growth. The report also looks into hindrances that are limiting the progression of this industry.

The report says that the global modified starch market will display healthy growth in the coming years due to consistent R&D to discover biological traits of modified starch. In addition, increasing awareness among consumers regarding health food, functional food, and convenience foods is also bolstering demand for modified starch for use in these foods. The rising demand for natural ingredients in animal food products is also propelling the growth of the modified starch market.

Apart from this, the demand for modified starch for biofuels has significantly bolstered this market. In addition, newer sources of modified starch and their potential applications will open up novel growth prospects for this market. Contrarily, the stringent regulatory mandates for biofuels in the U.S. and Europe are limiting the availability of feedstock, which is impacting the modified starch market negatively.

By starch type, the segments of this market are resistant starch, etherified starch, esterified starch, and pre-gelatinized starch. On the basis of raw material, corn, wheat, potato, cassava, and others are the segments of this market. Application-wise, the segments of the modified starch market are food, feed, and non-food. The food segment is predominantly driven by the increasing consumption of convenience and processed foods in developed as well as emerging regions. The non-food segment is majorly driven due to utilization of modified starch in cosmetics and medicines for their functional properties.

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North America, Asia Pacific, Europe, and Rest of the World are the regions into which the global modified starch market is divided. Of all, North America represents the largest market for modified starch in terms of consumption. This region is expected to retain its dominant position until the end of the forecast period; the region is also the largest producer of modified starch.

Top companies that operate in the global modified starch market are Universal Starch Chem Allied, Ulrick and Short Ltd., Tate and Lyle Plc., Global Bio-Chem technology Group Co. Ltd., Archer Daniels-Midland Co., China Essence Group Ltd., Avebe U.A., Ingredion Inc., Penford Corp. KMC, and Cargill Inc.