Modified Starch Market to grow at 2.8% CAGR by 2026
" COVID-19 impact on the modified starch market, size, share, growth, industry analysis, and forecast 2020-2026 "
Modified starch is also known as starch derivatives, which are derived from grains, vegetables to improve the ability of the starch and maintain the structure of the food. Modified starches are used in almost all applications, including the pharmaceutical industry, textile industry, and more specifically in the food and beverages industry, to enhance the quality of the products in terms of product shelf life, appearance, and consistency of the product.
With the advancement in technology, companies in developed regions are now investing in new products to serve the demand from other end-users, including construction adhesive, personal care, paper and cardboard, and more. There has been an increasing trend of being well-groomed among millennials, resulting in more investment towards cosmetic and beauty products, which has increased the demand for modified starch in personal care.
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Increasing application in the textile industry is also projected to drive the modified starch market in the future. Growing applications, including starch graft copolymers, starch esters, starch ethers, and cationic starches, will increase the penetration of modified starch in the textile industry. The starches are utilized in printing and wrapping textile applications and have substituted polyvinyl alcohol.
The Modified Starch Market research report titled “Modified Starch Market by Application, Type, Form, and Geography - Forecast up to 2026”
The top-notch companies of the modified starch market are Archer Daniels Midland Company, Global Bio-Chem Technology Group, Everest Starch India Pvt Ltd., Shubham Starch Chem Pvt Ltd., and Angel Starch Food Pvt. Ltd.
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As per the modified starch's geographical market, the Asia Pacific region is having a major share in the market. The major share is attributed to the increasing developments in the emerging countries resulting in high demand for modified starches. The growing textile industry in the Asia Pacific is also driving the market in this region.
The report consists of 115 Tables and 77 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Modified Starch Market by Application
- Food & beverages
- Bakery & confectionery products
- Processed foods
- Other food applications
- Swine feed
- Ruminant feed
- Poultry feed
- Other feed applications
- Weaving & textiles
- Medicines & pharmaceuticals
- Other industrial application
- Food & beverages
Modified Starch Market by Type
- Others raw materials
Modified Starch Market by Form
Modified Starch Market by Geography
- North America
- Asia Pacific
- Rest of the World