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Modified Starch Market Industry Trends & Forecast Report 2027

The global modified starch market was worth USD 13.0 Billion in 2020 and is further projected to reach USD 15.2 Billion by 2027, at a CAGR of 2.2 % during 2021-2027 (forecast period).

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Modified Starch Market Industry Trends & Forecast Report 2027

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  1. Modified Starch Market

  2. The global modified starch market was worth USD 13.0 Billion in 2020 and is further projected to reach USD 15.2 Billion by 2027, at a CAGR of 2.2 % during 2021-2027 (forecast period). Because modified starch is increasingly being used in a wide range of foods and beverages, the sector is booming rapidly. Additionally, the cost-effectiveness of modified starch, as well as other superior features such as pre-gelatinization and cold-water solubility, which are not present in native starch, are also contributing to the growth of the modified starch market worldwide. Consumer demand for processed, quick, and convenience foods has risen dramatically in recent years, resulting in an increased need for modified starch. Furthermore, the development of newer varieties and the advancement of new technologies in the food and beverage industry have resulted in a growing demand for modified starch, thereby propelling the market growth.  Modified starches are made by treating native starch with alkalis, acids, and enzymes, which causes physicochemical changes in the basic structure of the starch. 

  3. Growth Drivers The Growth of the Food Industry The popularity of convenience food or fast food has skyrocketed, especially among college students and working professionals. This rising popularity has resulted in the widespread use of modified starch in food processing facilities, where it is utilized as a thickener, emulsifier, and fat substitute, among other things. Furthermore, because the working population leads a hectic lifestyle, they rely heavily on convenience foods and prefer ready-to-cook food to home-cooked meals. Modified starch is also used in many convenience food products such as ready mixes & meals, and bakery products, and much more. Thus, the rising demand for convenience food is boosting the demand for modified starch, thereby accelerating its market growth. The Growth of the Textile and CosmeticIndustry Modified starch is used in the textile industry for textile sizing. Cotton yarn manufacturing especially requires modified starch. Report Sample:https://www.blueweaveconsulting.com/global-modified-starch-market-report/report-sample

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