Modified Starch Market Size, Share, Growth Analysis, By Product(Starch Esters & Ethers, Resistant, Cationic, Pre-gelatinized), By Material(Corn, Cassava, Wheat, Potato), By Function(Stabilizers, Thickeners, Emulsifiers, Binders), By End-Use(Food & Beverage, Animal Feed, Paper, Pharmaceuticals), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Modified Starch Market?

The competitive environment of the Modified Starch Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Emsland-Stärke GmbH', 'Grain Processing Corporation', 'Bio-Chem Technology Group Company Limited', 'Ingredion Incorporated', 'Roquette Frères', 'ADM', 'Agrana Beteiligungs AG', 'Avebe U.A.', 'Cargill, Incorporated', 'Samyang Genex Corp.', 'Beneo-Remy N.V.', 'Siam Modified Starch Co., Ltd.', 'China Essence Group Ltd.', 'PT Budi Starch & Sweetener Tbk', 'Tate & Lyle PLC', 'ULRICK&SHORT', 'KMC (Kartoffelmelcentralen) Amb'

Q: Which region accounted for the largest share in Modified Starch Market?

North America emerged as a dominant force in the market, commanding over 42% of the total revenue share. The region's burgeoning demand is notably fueled by a growing consumer consciousness regarding the health advantages associated with low-fat dietary choices. This trend, particularly prevalent in the United States, a significant cornstarch and corn producer globally, stands as a key catalyst for increased market demand. Moreover, the versatile applications of modified starch products, coupled with ongoing innovation and new product developments such as Octenyl Succinic Anhydride (OSA), a widely embraced esterification agent, serve as pivotal drivers propelling market expansion.

Report ID: SQMIG30C2144 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 126 | Figures: 74

Modified Starch Market News

In November 2022, scientists from RMIT University, Australia, developed a modified starch product that can be added to food without affecting its taste, color, or texture. It is called FiberX, and has been produced from native starches, including wheat, corn, and cassava. Like actual fiber, it resists digestion in the human gut, allowing microorganisms in our colon to ferment it and potentially improving the digestive process. It can be added to low-fiber foods such as cakes and pizza to make them healthier, as well as to foods that are low in calories or low on the glycemic index (which is important for those with diabetes). It can also be made in a gluten-free way.
In October 2022, Roquette made a significant stride in the market by unveiling an organic pea protein starch tailored as an alternative for meat and dairy. This innovative grade of organic pea starch, launched specifically for the European Union (EU) and US markets, serves as a promising substitute in culinary applications. Its introduction aligns with the growing demand for plant-based alternatives, offering a sustainable and organic option in the evolving food industry landscape.

In March 2022, Ingredion introduced two new clean-label rice starches, each designed to meet specific needs in food formulations. These rice starches, known for their hypoallergenic properties and excellent digestibility, contribute a smooth, creamy texture while enhancing natural flavor and color, even in white products. Notably, their introduction underscores Ingredion's commitment to sustainability, reducing environmental impact and fortifying supply chain resilience. These launches signify the industry's concerted efforts toward clean-label, sustainable, and functional ingredients, catering to evolving consumer preferences and industry demands.

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Global Modified Starch Market size was valued at USD 12.43 Billion in 2022 and is poised to grow from USD 13.1 Billion in 2023 to USD 19.8 Billion by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).

The competitive environment of the global Modified Starch Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Emsland-Stärke GmbH', 'Grain Processing Corporation', 'Global Bio-Chem Technology Group Company Limited', 'Ingredion Incorporated', 'Roquette Frères', 'ADM', 'Agrana Beteiligungs AG', 'Avebe U.A.', 'Cargill, Incorporated', 'Samyang Genex Corp.', 'Beneo-Remy N.V.', 'Siam Modified Starch Co., Ltd.', 'China Essence Group Ltd.', 'PT Budi Starch & Sweetener Tbk', 'Tate & Lyle PLC', 'ULRICK&SHORT', 'KMC (Kartoffelmelcentralen) Amb'

Starch innovations are distinctly targeting key elements within baked foods, including sauces integrated into frozen meals and fruit fillings for desserts. Notably, ingredient suppliers are diversifying their starch sources, broadening the spectrum of available options. With the rapid advancements in industrial applications and technologies for starch processing, this market stands out as one experiencing substantial growth. More prominently, an increasing number of businesses are incorporating modified starch into their production processes and final products.

Food starches, with their inherent versatility, offer a spectrum of functional properties that open doors to diverse applications across multiple industries. Their adaptability allows for texturizing, binding, thickening, gelling, and stabilizing functions, essential across various food formulations. Beyond culinary uses, comprehending the role of industrial starches as adhesives in paper and packaging becomes crucial when considering future growth prospects.

North America emerged as a dominant force in the global market, commanding over 42% of the total revenue share. The region's burgeoning demand is notably fueled by a growing consumer consciousness regarding the health advantages associated with low-fat dietary choices. This trend, particularly prevalent in the United States, a significant cornstarch and corn producer globally, stands as a key catalyst for increased market demand. Moreover, the versatile applications of modified starch products, coupled with ongoing innovation and new product developments such as Octenyl Succinic Anhydride (OSA), a widely embraced esterification agent, serve as pivotal drivers propelling market expansion.

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