04 September 2019
Visiongain has launched a new food & beverage report: Modified Starch Market Report 2019-2029 Forecasts by Raw Material (Corn, Cassava, Potato, Wheat) by Application (Food & Beverage, Bakery & Confectionary, Beverages, Processed Food, Animal Feeds, Industrial, Function, and others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis
Starch production has increased greatly in recent years owing to the increase in the demand for modified from various industries. Further, the company have increased their quality bar for the modified starch which is driving the development in the modified starch market. Further, the political framework is also facilitating the development of modified starch. Starch is used in the manufacturing of biomaterials which includes chemically modified starch polymers and polylactic acid for use in the biodegradable packaging sector.
Based on raw material modified starch is categorized into four segments namely corn, cassava, potato, and wheat. Wheat is estimated to hold the largest market share in terms of revenue in the global modified starch market. Further, in terms of the application food industry is estimated to largest market share and will remain dominant over the forecast period. Other than the food industry, paper, textile, medicine and material industry are expected to drive the growth over the forecast period.
Further, the global market modified starch market contains the data points mainly on three types of starch which includes physically modified starch, chemically modified starch and enzymatically modified starch.
Some of the major companies identified in the global modified starch market are Archer Daniels Midland Company, Cargill, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, Avebe U. A., Grain Processing Corporation, Emsland- Stärke GmbH, Agrana Beteiligungs-AG, and Sms Corporation Co. Ltd.
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