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Modified Starch Market : Boosting Revenue Size in Near Future

Pre-gelatinized is the most common type of modified starch with around 30% market share and 4.4% CAGR. Food & beverage application occupied more than half of the share in 2016, and is anticipated to grow at the significant CAGR of 4.3% in terms of value. Maize is the primary raw material, with nearly half of the market share as well as highest growth rate of 3.8% in terms of volume.<br><br>

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Modified Starch Market : Boosting Revenue Size in Near Future

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Modified Starch Market Expected to Reach $10,700 Million by 2023 Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. Modified Starch Market “Modified starch‐™s versatility in different processing conditions and environment provides it stability and resistance from extreme conditions, making it useful for a wide range of applications.”

  3. Modified Starch Market Overview According to a new report published by Allied Market Research, titled, Modified Starch Market by Raw Material, Type, Application, and Function: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global modified starch market was valued at $7,995 million in 2016, and is projected to reach $10,700 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. The food & beverage application segment accounted for more than half of the global market in 2016. Access Full Summary at: https://www.alliedmarketresearch.com/modified-starch-market Modified starches are treated materials or additives obtained from different botanical sources such as maize, wheat, cassava, potato, and others. These can be transformed into various functional forms based on the required application; thus, they are preferred over native starch as the latter has limited functionalities. The most common chemical technique employed in the manufacturing of modified starch includes treating the crude starch with acids, sodium hydroxide, or potassium hydroxide. 

  4. Modified Starch Market The global modified starch market is driven by increase in consumption of convenience food and ease of modification in its functional properties. Furthermore, rise in usage of modified starch in pharmaceutical, cosmetics, and paper industries fuels the growth further. However, availability of substitutes and volatility in raw material prices are expected to hinder the market growth. The newer & potential sources of modified starch and its untapped applications represent major opportunities for market expansion. The global modified starch market is segmented on the basis of raw material, type, application, function, and geography. Based on raw material, it is divided into maize, cassava, potato, wheat, and others. According to type, it includes cationic starch, etherified starch, esterified starch, resistant starch, and pre-gelatinized starch. Based on application, the market is classified into food & beverages, animal feed, paper-making, weaving & textiles, pharmaceuticals, and others.  

  5. Modified Starch Market, Snapshot Asia-Pacific occupied the highest market share in 2016 and is anticipated to register the highest CAGR of around 4.5% during the forecast period. This is due to the rise in demand for modified starches in several developing regions and increase in industrialization. North America is another region with significant growth rate, which accounted for nearly one-fourth market share in 2016. The South Korea modified starch market was valued at $109 million in 2016, and is expected to reach $145 million by 2023, registering a CAGR of 4.0% during the forecast period.

  6. Key Benefits of Modified Starch Market • This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global modified starch market. • Comprehensive analysis of factors that drive and restrict the market growth is provided. • Detailed analysis of the industry based on the type and distribution channel help understand the trending product type and other potential variants. • Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. • Extensive analysis is conducted by following key product positioning and monitoring of top players within the market framework. 

  7. Modified Starch Market North America Europe Asia-Pacific LAMEA

  8. Modified Starch Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/3936 Follow Us On

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