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Global Modified Starches Market at the CAGR of 4.22% During 2016-2022

Global Modified Starches market Information- with respect to source (corn, wheat, cassava, potato, and others), form (powder, liquid , and gel) application {Food & Beverages (Confectionery, Processed food, Beverages, others), Non-Food (Corrugating & Paper making, Pharmaceutical, textiles, Personal Care, and others)} and Region - Forecast till 2022


Pune, India -- (SBWIRE) -- 05/22/2017 -- Modified starches are starch derivatives which are prepared from processing modified starches. Modified starches have better functionality in terms of solubility with cold water, stable viscosity with variations of temperature, hot fluidity and constant stability. Modified starches finds its application in the food industry (microwaveable ready meals, powdered soups, jams, and others.) and in the pulp and paper industry particularly in corrugated cardboard and paper to improve paper strength, surface appearance and others.
Versatility of starches especially modified starches, makes it suitable for wide variety of food application. They are highly used as food additives as they enhances texture, viscosity, gel formation, adhesion, binding, moisture retention, film formation and more. In recent years, modified starches are also used as fat substitutes in the production of low calorie food. Globally the market for modified starches is estimated to grow at the rate of about 4.22% from 2016 to 2022.

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Regional Analysis
The global modified starches market is in the entire world; to name few regions where this market exist are North America, Europe, China and Asia Pacific. Among these APAC has the major market share followed by North America. Europe is projected to grow at the fastest rate in the coming years owing to rising demand for modified starches from the paper industry, and textiles. Due to the cheap raw materials & low production costs as well as less stringent environment regulations Asia-Pacific region is in a better position to produce starch at more competitive prices than developed countries in European and North American region. Modified starches market has been segmented on the basis of source of modified starches, market is segmented into corn, wheat, cassava, potato, and other sources. On the basis of form, market is segmented into powder, liquid and gel. On basis of application, market is segmented into food & beverages and non-food application, food application includes confectionery, processed food, beverages, and others. Non-food applications includes corrugation and papermaking, personal care, pharmaceuticals, textiles, and others includes mining & drilling, construction & building, adhesives, chemicals and animal feed.

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With rising disposable income, increasing urbanization and growing application of modified starches, the modified starches market will continue to grow at a higher rate. Modification improves the characteristics of starches particularly in particular role such as to improve water holding capacity, heat resistant, strengthening its binding and better-quality thickening agent which are extensively used in various food application. These factors will play a key role in the growth of modified starches market at the CAGR of 4.22% during 2016-2022.
The starch bio-degradable plastic is a good barrier to oxygen in dry state. This plastic is generally used for wrapping fast food items and planting pots for agriculture purposes and others. Furthermore, starch-based adhesives are extensively used in the bag industry, specifically formulated to make corrugating adhesives moisture resistance, is used in making corrugated boxes. Modified starches are extensively used as glazing agent in fabric industry, so as to give a finishing touch to the product. Miscellaneous applications for starch products includes the use as flocculating agents, anticaking agents, mold-release agents, dusting powder, binders for pharmaceutical products, thickening agents and as raw materials in the production of chemicals and explosives.
Modified starches have remarkable number of uses in a variety of food such as bakeries, snacks, beverages as well as functional food. In functional food, modified starches is used as fat replacer, as texture enhancer, added nutritional properties, high-temperature stability, and flavor and oil encapsulation. Other applications of modified starches are stabilizing agent, emulsifying agent, thickening agent and as freeze-thaw stabilizing agent. Due to huge demand from the food and beverages and non-food industries, will drive the modified starch market in the present as well as in the future.

Target Audience
- Modified starches manufacturers
- Food and beverages manufacturers
- Textiles
- Pharmaceuticals
- Personal Care
- Retailers & wholesalers
- E-commerce companies
- Traders, importers and exporters

Competitive analysis-
This report includes a study of strategies used in the market, mergers and acquisitions in modified starches, multiple product launch by modified starches market players. It further includes product portfolios and developments of leading major players which includes
- Cargill, Incorporated (U.S.)
- Archer Daniels Midland Company (U.S.)
- Ingredion Incorporated (U.S.)
- Tate & Lyle PLC (U.K.)
- Agrana Beteiligungs-AG (Austria)
- Grain Processing Corporation (U.S.)
- Roquette Frères (France)
The global modified starches market is mainly occupied by some key manufacturers. The competitive environment in this market is estimated to increase, with an increase in product portfolio from current key players. Most of the companies operating in this market are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality.

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Key Findings
- Corrugation & paper making is projected to dominate the market and will grow at a CAGR of 4.22%
- Rise in demand for confectionery from the range of food & beverage sector will grow at CAGR 4.25%
- In European region Germany dominates the market, followed by France
Regional and Country Analysis of Modified starches Market Development and Demand Forecast to 2022 Market
As per the MRFR analysis, the global modified starches market is poised to reach 33.10 MMT in 2022, to grow at a CAGR of 4.22 % during the forecasted period.
The reports also cover country level analysis:
North America
- US
- Canada
- Mexico
- Germany
- France
- U.K.
- Italy
Asia – Pacific
- China
- India
- Thailand
- Japan
- Latin America
- Africa
- Middle-East

Akash Anand
Market Research Future
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Pune - 411028
Maharashtra, India
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Email: Akash.Anand@Marketresearchfuture.Com
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