Modified starches are starch extracts that are made from processing refined starches. Modified starches have better capabilities, including dissolving in cold water, stable thickness in different temperatures, hot fluidity, and persistent stability. Modified starches are mostly used in the food industry and the pulp & paper industry. It is specifically used in ridged cardboard and paper to increase the strength, surface, and appearance of paper. The modified starch market is propelled by the rising consumption of easily available and processed food and easy modification in its functional properties. An increase in the usage of modified starch in pharmaceutical, cosmetics, and cardboard industries is further increasing the market growth. The availability of alternatives and instability in raw material costs are expected to hamper the market growth. The Modified Starch Market has been projected to grow at the rate of 2.8% CAGR by 2026.

Research Methodology:

The modified starch market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Modified Starch Market by Application

• • Food & beverages
    • Bakery & confectionery products
    • Processed foods
    • Beverages
    • Other food applications
  • Feed
    • Swine feed
    • Ruminant feed
    • Poultry feed
    • Other feed applications
  • Industrial
    • Papermaking
    • Weaving & textiles
    • Medicines & pharmaceuticals
    • Cosmetics
    • Other industrial application

Modified Starch Market by Type

• • Corn
  • Cassava
  • Potato
  • Wheat
  • Others raw materials

Modified Starch Market by Form

• • Dry
  • Liquid

Modified Starch Market by Geography

• • North America
  • Europe
  • Asia Pacific
  • Rest of the World

As per the application segment, modified starch is broadly applied in the food and beverage industries. The food & beverage is further divided into bakery & confectionery products, processed foods, beverages, and other food applications. The usage of modified starch is enormously increasing in the food and beverage industries as the starches are used as additives to food to preserve flavor and enhance the taste and other qualities of the food product. Thus, the food and beverage segment is leading the modified starch market.   

In terms of product type, the product types include corn, cassava, potato, wheat, and other raw materials. Corn is leading the modified starch market in type segmentation as corn is a staple food and is mostly preferred around the world due to its benefits in diet. Furthermore, corn is widely used as a thickening agent in some food recipes such as soups, custards, and others.

Based on form, the market of modified starch is bifurcated into dry form and liquid form. The dry form of the modified starch is most popular across the manufacturers, owing to its high durability and ease of storing over the liquid form. The dry form of modified starches can dissolve easily with the other ingredients; therefore, it in high demand among various industries.

In the modified starch market, the Asia Pacific is having the dominating position in the market share. This is because of the increase in the demand for processed food due to the changing lifestyles of the people. People are preferring readymade and easy-to-cook food, which is further supporting the market growth in this region.

Globally rising population is increasing the demand for processed and convenience food. Modified starch is a significant ingredient that is utilized in ready-to-eat food products. The increasing demand for processed food is resulting in an increased demand for modified starch, which is expected to boost the market growth. Modified starch offers useful properties such as appearance, taste, and consistency in processed foods, and it also helps in increasing the shelf-life of food products.

The major leading companies of the modified starch market are Archer Daniels Midland Company, Ingredion, Roquette Frères, Global Bio-Chem Technology Group, SPAC Starch, Everest Starch India Pvt Ltd., Shubham Starch Chem Pvt Ltd., Avebe U.A, Grain Processing Corporation, Emsland, Qindao CBH Company, Tereos, Cargill, KMC, Beneo, Angel Starch Food Pvt. Ltd., Sheekharr Starch Pvt Ltd. and Sanstar Bio-Polymers Ltd.

Therefore, the modified starch is majorly used in the food industry to improve the shelf life of the products and helps the manufacturers improve the products' quality. Furthermore, there is wide scope for the modified starch market in the forecasted period due to increasing research and development in this field.

• This report gives the exclusive perception of factors that will drive modified starch market growth.
• This report also offers precise estimations on forthcoming trends and changes in consumer behavior.
• The penetration of the modified starch industry across North America, APAC, Europe, and the Rest of the World is given in the report.
• A complete analysis of the market’s competitive outlook and detailed information on key market vendors.

1. Executive Summary
2. Industry Outlook
   1. Industry Overview
   2. Industry Trends
3. Market Snapshot
   1. Market Definition
   2. Market Outlook
      1. Porter Five Forces
   3. Related Markets
4. Market characteristics
   1. Market Overview
   2. Market Segmentation
   3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
   4. DRO - Impact Analysis
5. Application: Market Size & Analysis
   1. Overview
   2. Food & beverages
      1. Bakery & confectionery products
      2. Processed foods
      3. Beverages
      4. Other food applications
   3. Feed
      1. Swine feed
      2. Ruminant feed
      3. Poultry feed
      4. Other feed applications
   4. Industrial
      1. Papermaking
      2. Weaving & textiles
      3. Medicines & pharmaceuticals
      4. Cosmetics
      5. Other industrial application
6.  Type: Market Size & Analysis
   1. Overview
   2. Corn
   3. Cassava
   4. Potato
   5. Wheat
   6. Others raw materials
7. Form: Market Size & Analysis
   1. Overview
   2. Dry
   3. Liquid
8. Geography: Market Size & Analysis
   1. Overview
   2. North America
   3. Europe
   4. Asia Pacific
   5. Rest of the World
9. Competitive Landscape
   1. Competitor Comparison Analysis
   2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
10. Vendor Profiles
    1. Archer Daniels Midland Company
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    2. Ingredion
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    3. Roquette Frères
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    4. Global Bio-Chem Technology Group
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    5. SPAC Starch
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    6. Everest Starch India Pvt Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    7. Shubham Starch Chem Pvt Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    8. Avebe U.A
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    9. Grain Processing Corporation
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    10. Emsland
        1. Overview
        2. Financial Overview
        3. Product Offerings
        4. Developments
        5. Business Strategy
11. Companies to Watch
    1. Qindao CBH Company
       1. Overview
       2. Products & Services
       3. Business Strategy
    2. Tereos
       1. Overview
       2. Products & Services
       3. Business Strategy
    3. Cargill
       1. Overview
       2. Products & Services
       3. Business Strategy
    4. KMC
       1. Overview
       2. Products & Services
       3. Business Strategy
    5. Beneo
       1. Overview
       2. Products & Services
       3. Business Strategy
    6. Angel Starch Food Pvt. Ltd.
       1. Overview
       2. Products & Services
       3. Business Strategy
    7. Sheekharr Starch Pvt Ltd.
       1. Overview
       2. Products & Services
       3. Business Strategy
    8. Sanstar Bio-Polymers Ltd.
       1. Overview
       2. Products & Services
       3. Business Strategy
12. Analyst Opinion
13. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
       1. Data Collation and In-house Estimation
       2. Market Triangulation
       3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations