What Makes Modified Starch Indispensable in the Food & Beverage Sector?- IndustryARC?
The Modified Starch Market is projected to grow at a CAGR of 3.30% from 2024 to 2030, reaching a market size of $16,619.7 million. Modified starch serves different purposes in different industries. Modified starch is majorly used in food and beverages industry as a thickening agent or as a stabilizer.
Modified starch market Growth drivers
The food and beverage industry uses modified starch as a fat replacer, texture improver and nutritional value enhancer. The demand for packaged food has seen an inclination in the recent period. The global market for packaged food is valued approximately at $ 2.6 trillion in 2017 and it is growing at an estimated CAGR of 4.5%.? ?
Modified starch market Challenges:
Modified starch market has many benefits in various applications. Modified starch has been advancing in terms of its properties because of the improvements in its production technologies. However, modified starch ingredients have been facing competition from specialized ingredients that are used for limited applications. Gum Arabic is one among the specialized ingredients which is used in beverage industry.
Modified starch market Research Scope:
The base year of the study is 2023, with forecast done up to 2030. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Modified starch market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
Market Research and Market Trends of Modified starch market:
? ?????? ?????????????????? ????????????????: ADM | Cargill | Ingredion Incorporated | Tate & Lyle | Roquette | Royal Avebe | Grain Processing Corporation | Emsland Group | AGRANA Group | SMS GROUP | SPAC Starch | QINGDAO CBH COMPANY LIMITED | Penford Food Ingredients | Greentech | American Key Food Products | Manildra Group USA