Developments in the F&B industry promote Global Modified Starch Market

1. Global Modified Starch Market foreseen to cross USD 12 billion by 2025 Market overview: The global Modified Starch Market was worth USD 9.93 billion in 2019, and it is estimated that it will reach USD 12.67 billion by 2025 at a CAGR of 4.1% during the outlook period. Modified starch is used in various foods because its functional properties are significantly improved compared to the use of natural starch. Many physical transformation processes, such as thermal moisture treatment and annealing, cause the physical transformation of the starch without damaging or gelatinizing the starch granules. Modified starch is used in the food industry as a fat substitute, texture enhancer and flavor encapsulate. Recent developments: In November 2018, Tate & Lyle PLC significantly expanded its laboratory in Singapore, the food and beverage manufacturing hub in the Asia Pacific region. Market Drivers and Restrains: Modified starch is widely used in the food industry and the wide range of applications for this form of starch supports the growth of the global market. The global modified starch market is expected to witness a huge revenue inflow in the coming years. Modified starch is made by making chemical, enzymatic, and physical changes to the original starch. With the growing demand for thickeners in the food industry, modified starches are attracting attention. Also, the presence of emulsifiers is a key requirement in many chemical processes in the food industry. The use of modified starch in feed manufacturing is the most important demand driver in the world market for modified starch. On both sides, feed production is increasing due to increased adoption of companion animals. Additionally, the need for stabilizers in food processing has recently served as an advantage to the global modified starch market. In addition, the march will support the growth of several other subsidiary markets related to the food industry. Also, the field of veterinary medicine has become important recently. The accumulated value of the world modified starch market is expected to

2. increase with the development of the food processing sector. With the emergence of new means for food processing in the food industry, the global market demand for modified starches is increasing. However, modified starch ingredients face competition from specialty ingredients that have limited uses. To know more read: https://www.marketdataforecast.com/market-reports/modified-starch-market Report is segmented as: On the basis of raw materials, the global modified starch market is segmented into potatoes, corn, wheat, cassava, etc. By application, the modified starch market is segmented into animal feed, food and beverage, and industry. The food and beverage sector is subdivided into beverages, processed foods, bakery and confectionery products and others. By function, the modified starch market is segmented into stabilizers, thickeners, emulsifiers, binders, etc. Depending on the type of modification, the market is segmented into chemically modified, physically modified and resistant starch. Geographical Segmentation: Asia Pacific had the highest market share in 2019 and is expected to record the highest CAGR of around 4.5% during the forecast period. This is due to increased demand for modified starch and increased industrialization in various development regions. North America is another region with significant growth, accounting for nearly a quarter of the market share in 2019. The Korean modified starch market valued at $ 19 million in 2019 and is expected to reach $ 145 million in 2025, with a CAGR of 4.0% during the forecast period. Impact of COVID 19 on Modified Starch Market The current health crisis surrounding COVID-19 has affected all strata. The level of impact on processed products depends mainly on the seasonality of the crop. Modified starch is made from crops such as corn/maize, wheat, potatoes, tapioca, rice, etc. These crops take 3 to 4 months to complete their life cycle. This crop is grown in different seasons in countries around the world. Key market players:

3. Leading companies in the global modified starch industry include Avebe UA, Archer Daniels Midland Company, Tate & Lyle PLC, Cargill Incorporated and Global Bio-Chem Technology Group Company Limited. View sample and decide: https://www.marketdataforecast.com/market-reports/modified-starch- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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