The Asia Pacific Modified Starch Market is worth USD 2.52 billion in 2024 and estimated to grow at a CAGR of 4.85%, to reach USD 3.68 billion by 2032. The Asia Pacific Modified Starch market is developing at an exceptionally quick pace.
Modified starch, are prepared by enzymatically, physically, or chemically treating native starch to change its properties. Modified starches are used in almost all starch applications, for example in food products as a thickening agent, stabilizer or emulsifier; in pharmaceuticals as a disintegrant; as binder in coated paper. They also have many other use or applications. Starches are modified to improve their performance in various applications. Starches can be changed to increase their stability against extreme heat, acid, cooling, or freezing; to change their texture; to increase or decrease their viscosity; or to increase their visco-stability.
The significant drivers for Modified Starch is the growing awareness about functional food and the growing demand for natural ingredients in food and feed. Also surge the rising demand for health food and natural sweeteners in beverages, specifically in energy drinks and non-carbonated soft drinks because of their low calorie value developing economies will boost this industry.
However strict government policies in the area of Modified Starch limits this industry.
The corn is expected to be the major raw material in the modified starch market in 2016, due to its abundant availability and wide range of applications in the food & beverage industry. However, the Cassava is likely to grow quicker, as it is the most cost-effective source of starch on a global level.
China and India are likely to increase the market because of huge population. Also Asia Pacific is largest growing segment.
Major key players in the Asia Pacific Modified Starch Market are Emsland-Starke GmbH (Germany), Grain Processing Corporation (U.S.), Cargill (U.S.), Ingredion Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Tate & Lyle (U.K.), and Roquette Frères (France), Avebe U.A. (Netherlands), Agrana Beteiligungs-AG (Austria), and Asia Pacific Bio-Chem Technology Group Company Limited (Hong Kong). are the leaders in the Asia Pacific Modified Starch market.
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