The global Modified Starch market was valued at USD 9.65 billion in 2016 and is projected to reach USD 13.62 billion by 2025, growing at a CAGR of 3.9% from 2017 to 2025.
Modified Starch are products that are obtained by chemically, enzymatically and physically treating naturally available starches. The growing demand in food products is expected to boost demand for these products. The growing demand in animal feed is expected to augment market demand.
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1. Market Drivers
1.1 Rising usage in paper industry
1.2 Growing demand for convenience foods
2. Market Restraints
2.1 Rising prices of raw materials
2.2 Growing popularity of gum Arabic
The global Modified Starch s market is segmented on the raw material, type, application, function and region.
1. By Type:
1.1 Esterified Starch
1.2 Cationic Starch
1.3 Resistant Starch
1.5 Etherified Starch
2. By Raw Material:
3. By Application:
3.1 Food and Beverages
3.1.1 Processed Foods
3.2 Animal Feed
3.2.1 Poultry Feed
3.2.2 Swine Feed
3.2.3 Ruminant Feed
4. By Function:
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Archer Daniels Midland
4. Roquette Freres
5. Tate and Lyle PLC
6. Avebe UA
7. Grain Processing Corporation
8. Agrna Beteiligungs AG
9. Emsland Starke GmbH
10. Global Bio-Chem Technology Group Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Modified Starch s market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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