Starch is a carbohydrate product that is widely used in food industries as well as other industries such as textile, paper and pharmaceuticals and so on for providing the consistency to the product it is added. The starch is modified physically, chemically and by biotechnology applications. There is huge scope for the Modified Starch Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Modified Starch Market:
According to the IndustryARC research analysis studies on the Modified Starch Market, food industry is the major end user industry which occupies the largest share of this market for starchy foods. It acts as thickening, binding, stabilizing, emulsifying and other agents for various end user applications during 2015-2020.
North America and Asia Pacific are the leading regions in the Modified Starch Market with high demand and use of modified starch for various applications as per IndustryARC analytics. Growing industrial production is driving the demand for modified starch during 2015-2020.
Europe is expected to have high growth in the Modified Starch Market for food industries and cosmetics companies through 2020. Pharmaceuticals, cosmetics, animal feed and other industries anticipated to have increasing demand for starch through 2020.
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The Modified Starch Market is a rapid expanding market with increasing use of modified corn starch for food industry and other industry applications in various regions across the globe. This market is expected to have high growth owing to the increasing utilization of pregelatinized starch and other type of cationic starch for food, pharmaceuticals and other uses, growth in production of starch modification products in starch industry by modified starch manufacturers and increasing demand for modified tapioca starch, modified maize starch and modified potato starch for its properties in various regions across the globe during 2015-2020.
Segmentation and Key Players of the Modified Starch Market:
The Modified Starch Market is segmented into various categories in the IndustryARC marketing research report by application, by raw material, by function and by geography as follows:
By application: Cosmetics and others
By raw material: Corn, Tapioca, Potato, Wheat and others
By function: Thickening, Stabilizing, Emulsifying, Binding and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Modified Starch Market according to the IndustryARC research report are as follows:
· Agrana Group
· Archer Daniels Midland Company
· Cargill Inc.
· Tate & Lyle PLC
· Ingredion Inc.
There is high demand for food starch modified for emulsifying and adding consistency in food industries in various regions across the globe during 2015-2020.
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