In
a report presented by Transparency Market Research, the progression
of the global
modified starch market for the 2012-2018 period is looked into at
length. The report delves into factors that will result in the
exponential growth of this market expected in the forecast period.
The report’s title is “Modified Starch Market - Global Industry
Size, Share, Trends, Analysis And Forecast, 2012 – 2018.”
The
report is an all-inclusive tool for a comparative analysis on how the
market for modified starch will exhibit growth in the coming years.
The report also examines vital aspects of the modified starch market
such as prevalent trends, driving forces, and prospects that are
propelling the market’s growth. The report also looks into
hindrances that are limiting the progression of this industry.
The
report says that the global modified starch market will display
healthy growth in the coming years due to consistent R&D to
discover biological traits of modified starch. In addition,
increasing awareness among consumers regarding health food,
functional food, and convenience foods is also bolstering demand for
modified starch for use in these foods. The rising demand for natural
ingredients in animal food products is also propelling the growth of
the modified starch market.
Apart
from this, the demand for modified starch for biofuels has
significantly bolstered this market. In addition, newer sources of
modified starch and their potential applications will open up novel
growth prospects for this market. Contrarily, the stringent
regulatory mandates for biofuels in the U.S. and Europe are limiting
the availability of feedstock, which is impacting the modified starch
market negatively.
By
starch type, the segments of this market are resistant starch,
etherified starch, esterified starch, and pre-gelatinized starch. On
the basis of raw material, corn, wheat, potato, cassava, and others
are the segments of this market. Application-wise, the segments of
the modified starch market are food, feed, and non-food. The food
segment is predominantly driven by the increasing consumption of
convenience and processed foods in developed as well as emerging
regions. The non-food segment is majorly driven due to utilization of
modified starch in cosmetics and medicines for their functional
properties.
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North
America, Asia Pacific, Europe, and Rest of the World are the regions
into which the global modified starch market is divided. Of all,
North America represents the largest market for modified starch in
terms of consumption. This region is expected to retain its dominant
position until the end of the forecast period; the region is also the
largest producer of modified starch.
Top
companies that operate in the global modified starch market are
Universal Starch Chem Allied, Ulrick and Short Ltd., Tate and Lyle
Plc., Global Bio-Chem technology Group Co. Ltd., Archer
Daniels-Midland Co., China Essence Group Ltd., Avebe U.A., Ingredion
Inc., Penford Corp. KMC, and Cargill Inc.
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