Global Starch Derivatives Market – Industry Analysis and Forecast (2020-2027)
Global Starch Derivatives Market was valued US$ 59.45 Bn in 2019 and is expected to reach US$ 80.8 Bn by 2027, at a CAGR of 3.91 % during a forecast period.
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Growing demand for convenience food and beverages in developing countries across the globe, rising population, and increasing per-capita income are expected to drive the global starch derivatives market. Many key players are investing huge investment in the research and development activities for the penetration of the starch derivative. These developments are enhancing the scenes of starch derivative products in the global starch derivatives market. Furthermore, enactment of biofuel policies and growing raw material prices are some of the factors limiting the growth of the global starch derivatives market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global starch derivatives market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global starch derivatives market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Corn is estimated to holds a significant share in the global starch derivatives market owing to it has a high content of starch found, which is nearly about 60% followed by wheat.
Cyclodextrin is expected to grow at a high rate of CAGR in the global starch derivatives market. The growth in the market is attributed to it is widely used in the end-user industries such as pharmaceutical, food and beverages, cosmetics. In pharmaceutical industries, it is used to enhance solubility & bioavailability, enhance stability, reduce evaporation & stabilize flavours, reduce odours & tastes and reduce haemolysis.
Glucose syrup is expected to hold substantial growth in the global starch derivatives market followed by maltodextrin. Glucose syrup treasures its applications in numerous industries such as paper, feeds, pharmaceuticals, and cosmetics. Glucose syrup is frequently preferred as a flavour enhancer, texture agent, volume-adding agent, an inhibitor of sugar from forming in drinks.
The Asia Pacific is expected to lead the global starch derivatives market. The leading position in the global market is attributed to the emerging economies of the two most populous countries in the world, namely, China and India. In this region, emerging economies like China & India are expected to witness an increase in modified starch ingestion owing to rapid industrialization and upsurge in per-capita middle-class spending capacity. It is projected to witness an upsurge in utilization in areas of strange business applications includes functional foods, nutritional and healthcare.
Many key players in the global starch derivatives market include Avebe and Ingredion was invested severely in product capacity expansions and setting up new plants, which results in the expansion of the end user industries like food and beverages industry, the pharmaceutical industry and many more.
In 2017, Europe and Japan contracted a political agreement on an Economic Partnership. Starch Europe greetings the agreement and looks forward to enhanced access to the Japanese market for EU starch products. At the same year, Archer Daniels Midland Company has acquired Chamtor, which is French wheat processing company to boost the starch production capabilities.
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Global Starch Derivatives Market, By Type
o Liquid Maltodextrin
o Powder Maltodextrin
• Glucose Syrups
• Spray Dried Starch Powder
Global Starch Derivatives Market, By Function
Global Starch Derivatives Market, By Raw Material
Global Starch Derivatives Market, By Application
• Food & Beverages
Global Starch Derivatives Market, By Geography
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Starch Derivatives Market
• Archer Daniels Midland Company
• Agrana Group
• Avebe U.A.
• Beneo Gmbh
• Cargill, Incorporated
• Emsland-Stärke Gmbh
• Grain Processing Corporation
• Ingredion Incorporated
• Roquette Frères
• Tate & Lyle PLC
• Tate & Lyle
• NIC Starch Products Ltd.
• Emsland Starke Gmbh
• Global Sweeteners Holdings Ltd.
• Gulshan Polyols
• Fooding Company Limited
• Foodchem International Corporation
• Molinos Juan Semino SA
• B Food Science Co., Ltd.
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