The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Stabilized Starch Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2028.
The team of researchers at Future Business Insights are focusing on research and market study to produce different Stabilized Starch Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Stabilized Starch Market.
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Stabilized Starch Market Trends
With stabilized starch being the most common type of starch modification, its market is poised to expand because of the increased demand for modified starch, globally. The multifunctional properties of stabilized starch, such as providing viscosity, texturizing, and good process stability are increasing the scope of modified starch applications in industries such as food and beverages, pharmaceuticals, and others.
The market is driven by an increased demand for processed food and convenience food. Apart from bakery, dairy and ice cream stabilized starch provides efficient applications in the convenience food market, a market that is expected to witness a higher growth rate in future years because of increasing working hours and busy lifestyles.
This the increased consumption of convenience food would increase the demand for stabilized starch used in processing. However, the availability of raw material can be a major concern for this rising demand, as starch is one of the key ingredients of animal feed and bioenergy. Therefore, the stabilized starch market can face high competition from animal food processing industries.
Global Stabilized Starch Market: Key Market Participants
Examples of some of the market participants in the global stabilized starch market identified across the value chain include Cargill Incorporated, Archer Daniels Midland Company, Blattmann Schweiz AG, Grain Processing Corporation, Ingredion, and others.
Opportunities for Stabilized Starch Market Participants
There are a lot of companies that process starch, but very few among them provide processed stabilized starch, which therefore limits the availability of the product. Thus, encouraging the modification of native starch to stabilized starch can be a potential factor for the growth of the stabilized starch market. Increasing awareness for its applications and expanding the applications to industries other than food or pharmaceuticals can provide ample opportunity for its market growth.
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Global Stabilized Starch Market: Key Developments
Stabilized starch is produced by chemical and physical modifications in the native starch, which requires additional chemicals and technological processes to be performed as compared to that of native starch production. Therefore, developments in cutting-edge starch modification technologies would be beneficial for growth in the stabilized starch market.
Research and development to find better and organic ways for chemical conversion in native starch can be another modicum to reduce chemical use. For instance, an article authored by Susanne L. Jensen demonstrates the use of a branching enzyme that can stabilize starch, a potential clean alternative for chemical modification.
This can help increase the sales stabilized starch in organic label, which has continuously increasing demand from health conscious consumers.
There have been expansions in the market. For instance, Cargill Asia Pacific announced that it would invest in starch projects in Asia Pacific (Mar 2017), to serve Cargill’s Asian customers, and provide specialty starch to them so as to increase the stability of sauces, soups, and dairy products. Also, in the year 2015, Cargill specifically designed a stabilized n-OSA starch, C*CreamTex06329, to improve texture and rheological behavior of the finished product.
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Stabilized Starch Market: Segmentation:
On the basis of source, the stabilized starch market is segmented into-
- Maize
- Wheat
- Potatoes
- Tapioca
- Others
On the basis of nature, the stabilized starch market is segmented into-
- Organic
- Conventional
On the basis of application, the stabilized starch market is segmented into-
- Convenience Food
- Meat Processing
- Dairy
- Bakery
- Gravies, Dressings, Noodles, Soups, and Sauces
- Others
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