Meticulous Research®, a global leader in providing in-depth market insights, has published its latest report, “Modified Starch Market Size, Share, Forecast, & Trends Analysis by Product Type (Acetylated Distarch Adipate, Dextrin, Maltodextrin), Raw Material (Corn, Cassava), Production Method (Chemical), Function, Form, End-use Industry - Global Forecast to 2031.”

According to this report, the modified starch market is expected to grow to $17.98 billion by 2031, achieving a CAGR of 4.1% from 2024 to 2031.

This growth is driven by the rising demand for convenience and processed foods, the broadening range of applications for modified starch across various industries, substantial investments in starch processing technologies, and the increasing demand for sustainable bio-based products. However, the market's expansion is likely to be constrained by challenges such as the limited availability of natural additives, high costs, and the preference for gum arabic.

The report also highlights significant growth opportunities in the increasing demand for starch-based bioplastics and the rapidly growing markets in Latin America, Asia-Pacific, and the Middle East & Africa. However, the market will face obstacles from strict regulatory requirements and the rising costs of raw materials.

The market is segmented by product type (including acetylated distarch adipate, maltodextrin, hydroxypropyl distarch phosphate, pre-gelatinized starch, and others), raw material (corn, cassava, potato, wheat), production method (chemical, physical, and enzymatic modification), function (thickener, binder, stabilizer, emulsifier), form (dry/powder and liquid), and end-use industry (food & beverage, animal nutrition, textiles, cosmetics, pharmaceuticals, papermaking). The report also provides a detailed regional analysis covering North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa.

Among the product types, acetylated distarch adipate is expected to hold the largest market share of 28.8% by 2024, driven by its use as a thickener and stabilizer in the food & beverage industry. Corn is anticipated to dominate the raw material segment with a 47.8% share, owing to its versatility and cost-effectiveness. The chemical modification method is forecasted to lead with a 66.9% share, due to its ability to enhance the functional properties of starch. The thickener function segment is expected to capture the largest share of 45.2%, reflecting the importance of modified starches in food production. The dry/powder form is projected to hold a 64.5% share, driven by its ease of use and stability. The food & beverage industry is likely to lead the end-use industry segment with a 50.8% share, driven by the growing demand for convenience foods.
Geographically, North America is expected to dominate the market with a 38.1% share in 2024, followed by Europe and Asia-Pacific. The North American market is forecasted to reach $5.16 billion by 2024, supported by a well-established food & beverage industry and the growing focus on natural and sustainable ingredients.

Key Players
The modified starch market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the modified starch market are Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Archer-Daniels-Midland Company (U.S.), Roquette Frères (France), Tate & Lyle Plc (U.K.), AGRANA Beteiligungs-AG (Austria), Royal Avebe (Netherlands), Emsland-Stärke GmbH (Germany), Grain Processing Corporation (U.S.), Global Bio-chem Technology Group Company Limited (China), Asia Fructose Co., Ltd. (Thailand), Angel Starch and Foods Pvt. Ltd. (India), SMS Corporation Co., Ltd. (Thailand), Royal Ingredients Group B.V. (Netherlands), and SPAC Starch Products Ltd. (India) Private Limited (India).

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Key Questions Answered in the Report:
• What is the current revenue generated from the modified starch market?
• At what rate is the global demand for modified starch projected to grow for the next 5-7 years?
• What is the historical market size and growth rate for the modified starch market?
• What are the major factors impacting the growth of this market at global and regional levels?
• What are the major opportunities for existing players and new entrants in the market?
• Which product type, raw material, production method, function, form, and end-use industry segments are expected to create major traction for the manufacturers in this market?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the modified starch market?
• Who are the major players in the modified starch market? What are their specific product offerings in this market?

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