The
global modified starch market has been experiencing a healthy
development due to the consistent research and development activities
within the areas of modified starch and has thus increased its
application base. This study encapsulates the drivers and restraints
impacting the development of the market and also throws light on the
key development opportunities in the market.
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The
study also comprises the competitive analysis coupled with
region-specific analysis of the global modified starch market. It
also helps to identify the key companies influencing the growth of
the market and throws light on the top segments and sub-segments
present in the market. The report also employs Porter’s five forces
analysis in order to present the competition present in the market.
The strengths and weaknesses of the key vendors dominant in the
market also form an integral part of this study.
An
extensive analysis on the macro and micro factors influencing the
market in terms of global and regional levels also form a key part of
this study. The vendor analysis section of the report presents the
top vendors dominant in the market and also throws light on the key
product introductions and strategic recommendations. The report also
presents a well-defined technological road map of the market in order
to make the readers equipped with the direction of this market. A
number of tables and graphs have been utilized in order to present an
accurate understanding of the global modified starch market.
The
growing awareness about functional food and the increasing demand for
natural ingredients in food and feed have provided impetus to the
development of the global modified
starch market. In addition, the rising demand for health food
has also positively impacted the growth of the market for modified
starch. The rising awareness amongst consumers about their general
wellbeing has given rise to the demand for high nutritional value
diet.
Additionally,
the rising demand for natural sweeteners in beverages, especially in
energy drinks and non-carbonated soft drinks owing to their low
calorie value is expected to bring in new opportunities in the
development of this market. In addition, the increasing demand for
modified starch from the industry of biofuel has also largely added
to the growth of this market.
The
increasing sources of modified starch and the promising application
areas are poised to bring in new development opportunities in the
global modified starch market. However, the rising regulatory
policies in Europe and the U.S. have given rise to raw material
scarcity and rising prices, which is restraining the growth of the
modified starch market.
In
terms of geography, the global modified starch market is segmented
into North America, Europe, Asia Pacific, and Rest of the World
(RoW). Amongst these, the North America modified starch market led on
the basis of consumption and is predicted to lead the market all
through the forecast period.
The
leading players in the modified starch market are Universal Starch
Chem Allied, Ulrick and Short Ltd., Avebe U.A., Ingredion Inc.,
Penford Corp., Tate and Lyle Plc., Global Bio-Chem Technology Group
Co. Ltd., Archer Daniels-Midland Co., KMC, China Essence Group Ltd.,
and Cargill Inc., among others.
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