Transparency
Market Research (TMR) has announced the publication of a new market
study on the starch derivatives market. According to the research
report, the global
starch derivatives market, which was valued at US$45.3 bn in
2014, is expected to reach a figure of US$68.7 bn by 2021, showcasing
a CAGR of 5.90% from 2015 to 2021.The report is titled “Starch
Derivatives Market by Product - Global Industry Analysis, Trend,
Size, Share and Forecast 2015 – 2021.”
The
report suggests that the global starch derivatives market can be
expected to display steady growth during the forecast period, due to
an increase in the usage of starch derivatives by various industries.
Increasing health awareness among the general populace and the
consequently growing demand for natural sweeteners has driven the
starch derivatives market globally. Moreover, the increasing demand
for convenience food and beverages in countries such as India, China,
Saudi Arabia, Brazil, Germany and the U.S. has aided the global
starch derivatives market.
The
rising demand for starch derivatives from the pharmaceutical industry
and starch derivatives finding applications in industries such as
paper, cosmetics, animal feed, biofuels, textile, paper and glue,
food and beverages, and also the fermentation industry are expected
to propel the market for starch derivatives to a large extent for the
forecast period. Increase in the consumption of non-carbonated drinks
and energy drinks has also fueled the market for starch derivatives,
since these drinks contain ample amount of sweeteners.
The
rising prices of raw materials and the growing use of substitutes for
starch derivatives can prove to be disadvantageous for the starch
derivatives market. Other restraining factors include the lack of
customized starch derivative products and the availability of
alternative products such as gum, hindering the starch derivatives
market during the forecast period.
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a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8065
The
report segments the starch derivatives market by product,
application, and geography. Based on product type, the market is
segmented into hydrolysates, maltodextrin, cyclodextrin, modified
starch, and glucose syrup. Out of these products, glucose syrup held
the largest market share in 2014 and is expected to expand at a CAGR
of 5.70 from 2015 to 2021. Glucose syrup has the largest share in the
total market owing to its application in industries such as paper,
cosmetics, pharmaceuticals, and feeds. Glucose syrup is also used as
a volume adding agent, flavor enhancer, and texture agent.
By
geography, the market for starch derivatives is segmented into North
America, Europe, ROW and Asia Pacific. Out of these regions, Asia
Pacific is the market leader, growing at a steady rate during the
forecast period.
The
report lists the key players in the starch derivatives market. The
key companies mentioned in the report are as follows: Grain
Processing Corporation Ingredion Incorporated, Archer Daniels Midland
Company, Cargill, Incorporated, AGRANA Group, Roquette Frères S.A.,
Avebe U.A., and Tate & Lyle PLC.
The
global starch derivatives market has been segmented in the report as
follows:
Global
starch derivatives market, by product type
- Maltodextrin
- Cyclodextrin
- Glucose Syrup
- Hydrolysates
- Modified Starch
Global
starch derivatives market, by application
- Food and Beverages
- Feed
- Paper
- Cosmetics
- Pharmaceuticals
- Others (including industrial applications, bio-ethanol, bio fuel, glue manufacturing etc.)
In
addition, the report provides cross-sectional analysis of all the
above segments with respect to the following geographies:
Global
starch derivatives market, by geography
North
America
- U.S.
- Canada
- Rest of North America
Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
Rest
of the World (RoW)
- Latin America
- Middle East
- Africa
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