Modified starch is formed by physicochemical or morphological changes in the structure of native starch via its treatment with enzymes, alkalis, heat, and acids. Modified starch finds application in food & beverages industry and is also used in the production of noodles, biscuits, bakery products, and other convenience food products. The multifunctional properties of starch such as thickening, stabilizing, binding, and emulsifying abilities are increasing the scope of modified starch applications in various industries such as personal care, pharmaceuticals, textile, and others.

Among material type, the corn segment is expected to witness significant growth in the global modified starch market during the forecast period. Corn holds a high content of starch, comparatively, than other sources. Therefore, easy availability of corn, high content of starch in corn, and low price of corn starch is driving the market growth.

Market Dynamics

Among end-use industry, the pharmaceuticals segment is expected to account for significant market share in the global modified starch market. In 2018, the segment accounted for 12.2% share in the global modified starch market in terms of revenue. Emerging economies are also expected to witness a significant growth in the pharmaceutical industry, owing to increasing consumer demand for sophisticated medicines. This in turn is expected to propel modified starch demand over the forecast period.

Among regions, North America held dominant position in the global modified starch market, in terms of revenue share, in 2018. This is owing to increasing demand for food and dairy products and high use of modified starch in the food and beverages industry. Gelatinization, pasting, and subsequent gel properties of starch are key functional properties that determine the various applications of starch in the food industry. Asia Pacific is expected to record the fastest growth in the market over the forecast period. This is owing to increasing demand for food and beverages in the consumer goods sector in India and China. According to the India Brand Equity Foundation, The Fast moving consumer goods (FMCG) sector increased from US$ 31.6 billion in 2011 to US$ 52.75 billion in 2018. The sector is expected to witness a Compound Annual Growth Rate (CAGR) of 27.86% during the forecast period to reach US$ 103.7 billion by 2020.

Key features of the study

• This report provides in-depth analysis of modified starch market and provides market size (US$ Billion & KT) and Cumulative Annual Growth Rate (CAGR%) for the forecast period (2019 – 2027), considering 2018 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
• It profiles key players in the global modified starch market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include, Archer Daniels Midland Company, Cargill, Ingredion Incorporated, Tate & Lyle, Emsland-Starke GmbH, Agrana Beteiligungs-AG, Grain Processing Corporation, Roquette Frère
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
• The global modified starch market report caters to various stakeholders in this industry including investors, suppliers, modified starch manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the modified starch market

Market Segmentation

• By Process Type
  • Cationization
  • Crosslinking
  • Acid Hydrolysis/Treatment
  • Acetylation
  • Others
• By End-use Industry
  • Food and Beverages
  • Animal Food
  • Pharmaceuticals
  • Textiles
  • Paper and Packaging
  • Personal Care
  • Others
• By Raw Material
  • Corn
  • Tapioca
  • Wheat
  • Others
• By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • Israel
    • Rest of Middle East & Africa
• Modified Starch Market Companies
  • Archer Daniels Midland Company
  • Cargill
  • Ingredion Incorporated
  • Tate & Lyle
  • Emsland-Starke GmbH
  • Agrana Beteiligungs-AG
  • Grain Processing Corporation
  • Roquette Frère
  • others