DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Modified Starch Market - Global Forecast to 2022" report to their offering.
The modified starch market is projected to grow at a CAGR of 4.1% from 2017 and reach USD 12.14 billion by 2022.
The demand for modified starch is projected to grow, owing to the developments in industries such as paper, textiles, and the growing demand for convenience food products in the Asia-Pacific region drive the modified starch market. Low production due to adverse climatic conditions and increase in use of raw materials for biofuel production is affecting the supply chain of raw materials for modified starch.
Cassava is a widely grown tuber in most African and Asian countries and it is also the most economic source of starch on a global level. The cassava segment, by raw material, is projected to grow at the highest CAGR from 2017 to 2022, in terms of value. Modified cassava starch is extensively used in a range of applications such as food & beverages, paper-making, textiles, chemicals, constructions, adhesives, and pharmaceuticals. Asia being the center for the production and consumption trends for the global modified starch market, cassava starch in Asia is estimated to be the key driver in the future, with a prime focus on convenience foods in China and India.
The industrial applications and technologies involved in starch processing are changing rapidly in the Asia-Pacific countries, especially the sub-continent. The revenue for starch from the food and non-food sectors is estimated to grow at a significant rate of 4%-5%. Corn and cassava form the major sources of modified starch in Asia-Pacific, with China being the major player, followed by India.
Companies Mentioned
- Agrana Beteiligungs-AG
- Archer Daniels Midland Company
- Avebe U.A.
- Cargill, Incorporated
- Emsland- Stärke GmbH
- Global Bio-Chem Technology Group Company Limited
- Grain Processing Corporation
- Ingredion Incorporated
- Roquette Frères
-
Tate & Lyle PLC
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 International Patents
8 Modified Starch Market, By Raw Material
9 Modified Starch Market, By Application
10 Modified Starch Market, By Function
11 Modified Starch Market, By Type
12 Modified Starch, By Brand
13 Modified Starch Market, By Region
14 Competitive Landscape
15 Company Profiles
16 Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3qgfws/modified_starch
