DUBLIN, Nov. 25, 2020 /PRNewswire/ — The «Modified Starch Market, Production & Forecast, Sectors (Corn, Wheat, Cassava, Potato), Regions, Segments, Company Analysis» report has been added to ResearchAndMarkets.com’s offering.
The modified Starch Market will be more than US$ 14.9 Billion by the end of the year 2026.
Starch is a polysaccharide carbohydrate consisting of a vast number of glucose units joined together by glycosidic bonds. This is due to quick economic development and growing market demand year on year, production of modified starch developed very quickly worldwide. The global market of the Modified Starch industry includes production, production value, capacity, cost/profit, and demand/ supply.
Based on raw materials, the modified starch market is categorized as Wheat, Corn, Potato, and Cassava. The modified starches are used in all starch applications, likewise thickening agents, emulsifiers, binders, and stabilizers in the food and non-food sector.
Besides, the modified starch market is also segmented based on its use in numerous sectors like Confectionery and Drinks, Pharmaceuticals and Chemicals Corrugating and Paper Making, Processed food, Feed, and other non-food. Modified starch is widely used in dairy products and confectionery, bakery to enhance their texture and stability, and in the pharmaceutical industry; it operates in the formulation of tablets. Generally, the market is segmented by application, by company, and by region for the viable landscape analysis.
Based on regions, the modified starch market has segmented into the Americas, Europe, Asia-Pacific, and the Rest of the World. The Americas and Asia-Pacific mostly dominate the modified starch market. The global starch market is primarily driven by factors such as increasing consumption of processed food and convenience food. The Asia Pacific is predicted to be the fastest-growing regional market. Asian countries, especially China, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies.
The global modified starch market key players include Archer Daniels Midland Company, Cargill, Ingredion, and Tate & Lyle. In April 2020, Ingredion announced that planning to build a new integrated modified starch facility in Shandong, China. This new plant will assist the local and regional customers in maintaining a proper service and supply chain.
The impacts of the coronavirus (COVID-19) are already starting to be felt and will significantly affect the Global Starch market in 2020. COVID-19 affected the global economy in three main ways: by directly affecting production and market disruption, and demand, by creating a supply chain, and by its financial impact on firms and financial markets.
Key Topics Covered:
2 Executive Summary
3 Global Modified Starch Market
4 Market Share Analysis – Global Modified Starch
4.1 By Raw Material
4.2 By Region
5 Production Share Analysis – Global Modified Starch
5.1 By Raw Materials
5.2 By Region
6 Industry Consumption Share Analysis – Global Modified Starch
7 By Raw Materials – Global Modified Starch Market
8 America – Modified Starch Market
9 Europe – Modified Starch Market
10 Asia-Pacific – Modified Starch Market
11 Rest of the World – Modified Starch Market
12 By Industry Consumption – Global Modified Starch
12.1 Confectionery and Drinks
12.2 Processed food
12.3 Corrugating and Paper Making
12.5 Pharma and Chemicals
12.6 Other non-food
13 Global Modified Starch Production
14 By Raw materials – Global Modified Starch Production
15 Americas – Modified Starch Production
16 Europe – Modified Starch Production
17 Asia-Pacific – Modified Starch Production
18 Rest of World – Modified Starch Production
19 Processing Process
19.1 Starch Value Chain
19.2 Corn Starch Production Process
19.3 Wheat Starch Production Process
19.4 Cassava Starch Production Process
19.5 Potato Starch Production Process
19.6 Modified Starch Preparation Process
20 Key Players – Financial Insights
20.2 Recent Development
- Archer Daniels Midland Company
- Tate & Lyle
For more information about this report visit https://www.researchandmarkets.com/r/qf35j9
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SOURCE Research and Markets