Global Modified Starch Market 2020-2024
Technavio has been monitoring the modified starch market and it is poised to grow by $ 2.35 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on modified starch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for modified starch as thickeners, high demand for corn starch as a less expensive alternative and increase in R&D activities associated with modified starches. In addition, increasing demand for modified starch as thickeners is anticipated to boost the growth of the market as well.
The modified starch market analysis includes application segment and geographic landscapes
Technavio's modified starch market is segmented as below:
- Food and beverage
- Textile and paper
By Geographic Landscapes
- North America
- South America
This study identifies emergence of modified starch-based plastics as one of the prime reasons driving the modified starch market growth during the next few years. Also, use of novel technologies for the production and development of physically modified starches and improvements in oxidation of starches will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our modified starch market covers the following areas:
- Modified starch market sizing
- Modified starch market forecast
- Modified starch market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading modified starch market vendors that include AGRANA Beteiligungs AG, Archer Daniels Midland Co., CoÃ¶peratie AVEBE UA, Cargill Inc., Emsland-Starke GmbH, Ingredion Inc., Qingdao CBH Co. Ltd., Roquette Freres SA, SMS Corporation Co. Ltd., and Tate & Lyle Plc. Also, the modified starch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.