Global Starch Derivatives Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Starch Derivatives Market Overview:
“The global Starch Derivatives Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the global starch derivatives market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global starch derivatives market report has been segmented on the basis of type, application, function, and region.
Starch derivatives also known as modified starch, is derived from grains and vegetables, which are treated either physically, enzymatically, or chemically to maintain the texture and structure of the food. These products are used in products to increase stability against varied temperatures, increase or decrease viscosity, lengthen or shorten gelatinization time or to increase their visco-stability.
Starch derivatives are usually used as thickening agents, stabilizers or emulsifiers, tablet binders and drug release agents in pharmaceuticals industry. In addition, starch derivatives are also used in cosmetics industry as emulsifiers and animal feed sector as fiber additives.
Rising demand from pharmaceutical companies for starch derivatives for improving pharmaceutical formulations, increasing adoption in industrial applications due to its superior biocompatible properties compared to synthetic polymers, and changing consumer preference towards packaged food products are key factors driving growth of the global starch derivatives market.
Moreover, rising demand from end-use industries such as cosmetics, personal care products, papermaking and other industries is expected to boost growth of the global starch derivatives market over the forecast period.
However, constant fluctuation in raw material prices and increasing application base of gum as a substitute are key factors restraining growth of the global starch derivatives market. Growing importance of starch derivatives in bio-fuel, textile production is expected to be a potential opportunity for the global starch derivatives market over the forecast period.
The global starch derivatives market is segmented on the basis of type, application, function, and region. On the basis of region, the global starch derivatives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The market Asia Pacific dominated the global starch derivative market and accounted highest share in terms of revenue owing to growing demand from pharmaceuticals, food & beverages and other industries in China and India. The market in Europe accounted for the second highest share in terms of revenue owing to the growing pharmaceutical sector, and intense consumption of food & beverages. The market in North America is expected to witness significant growth in the global starch derivatives market over the forecast period.
Global Starch Derivatives Market Segmentation:
Global starch derivatives market segmentation by type:
- Glucose syrup
Global starch derivatives market segmentation by application:
- Food & beverages
- Cosmetics & Personal Care Products
Global starch derivatives market segmentation by function:
Global starch derivatives market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Ingredion Incorporated
- Cargill, Incorporated
- The Archer Daniels Midland Company
- Roquette Frères S.A.
- AVEBE U.A.
- Tate & Lyle PLC
- AGRANA Group-Services GmbH
- Emsland-Stärke GmbH
- Grain Processing Corporation
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