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Modified Starch Market Dynamics and Competitive Scenario through 2028

Modified Starch Market Dynamics and Competitive Scenario through 2028

Modified starches are used as a thickening agent for soups, sauces and salad dressings in the food and beverage industry. They can also be used in place of saturated fats in cookies. This type of starch is also used as an emulsifier in liquid products. Modified Starch can improve the sensory characteristics of any food composition as an emulsifier. It can also increase the fiber content and stabilize low-fat salad dressings. It can also be used to enhance the volume of bread. Starch can be chemically or physically modified to increase its value and application in the food industry. Small amounts of substitute groups are added to modify the molecule. The use of modified starches has been increasing for convenience foods and confectionery products. Moreover, consumer demands for healthier food have boosted the application of these starches. Several chemically modified starches are used in the food and textile industries. These products are produced by replacing the hydrophilic hydroxyl starch groups with a series of monosubstitution groups.

Market Dynamics:

Increasing product launches is anticipated to propel growth of the global modified starch market during the forecast period. For instance, The Emwaxy® Spray 200, was launched by the EmslandGroup in April 2021. This new product is a clean label alternative ingredients and is a low DE starch derivative having high amylopectin potato starch. Moreover, increasing volatility in raw material prices is estimated to restrain growth of the global modified starch market during the forecast period.


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Impact of COVID-19:

The pandemic had an adverse impact on several businesses globally. Restrictions imposed due to the pandemic resulted in shutting down manufacturing units and also resulted in decrease in product demand. The food industry and beverage supply chains were also disrupted owing to the pandemic. Owing to strict lockdowns many food industries were shut down as government had imposed restrictions, only essential items were available. This had a negative impact on the global modified starch market during the pandemic. However, the market is now anticipated to witness growth, as all restrictions have been suspended.

Key Takeaways:

The global modified starch market is anticipated to witness significant growth, exhibiting CAGR of % during the forecast period, due to growing partnerships among key players. For instance, Cargill Inc., and Starpro partnered up with in April 2021. The main aim of this partnership is to expansion of Starpro’s tapioca starch products in Asia Pacific and also meet consumer demands while supporting food manufacturers.

North America is estimated to witness significant growth in the global modified starch market during the forecast period, owing to increasing demand and growing consumer awareness regarding health benefits of eating low-fat foods.

Key players active in the global modified starch market are Emsland-Stärke GmbH, Samyang Genex Corp., Grain Processing Corporation, ULRICK&SHORT, Tate & Lyle PLC, Global Bio-Chem Technology Group Company Limited, China Essence Group Ltd., Ingredion Incorporated, Siam Modified Starch Co., Ltd., PT Budi Starch & Sweetener Tbk, Beneo-Remy N.V., Roquette Frères, Samyang Genex Corp, Agrana Beteiligungs AG, ULRICK&SHORT, and Cargill, Incorporated.

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