The modified starch market size is poised to cross USD 13,780.3 million in 2024 and is likely to attain a valuation of USD 21,806.2 million by 2034. The modified starch market is projected to thrive at a staggering CAGR of 4.7% from 2024 to 2034.
More consumers are increasingly drawn to clean-label products, favoring natural ingredients and transparency. Consequently, there is a rising demand for modified starches that maintain product quality while replacing artificial additives. To meet customer preferences and gain a competitive edge, food producers must innovate by reformulating their products with clean-label alternatives, including modified natural starches.
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The way consumers perceive food products is heavily influenced by their texture and mouthfeel, which significantly impact overall sensory satisfaction and enjoyment. Modified starches play a crucial role in achieving the desired texture, creaminess, and consistency across a wide range of food and beverage applications. In today’s competitive market, companies must prioritize texture enhancement by integrating modified starches into their formulations to deliver products that meet and exceed customer expectations.
The globalization of food manufacturing processes has intensified the need for standardized ingredients that meet legal specifications and ensure consistent quality across diverse markets. Modified starches offer versatile solutions that can fulfill these requirements, enabling companies to expand into new markets and enhance their supply chain efficiencies. To capitalize on global market opportunities and improve both profitability and operational efficiency, businesses should integrate modified starches as integral components in their products.
Key Takeaways from the Modified Starch Market Report
- The global modified starch market size expanded at a 3.8% CAGR through 2034.
- The maize/corn segment holds 46.2% of market shares in 2024.
- The food and beverage segment captured 82.8% of market shares in 2024.
- The market size in the United States is projected to rise at a 2.9% CAGR through 2034.
- The market size in France is anticipated to develop at a 1.7% CAGR through 2034.
- The market size in the United Kingdom is estimated to surge at a 1.2% CAGR through 2034.
- The market size in Italy is expected to thrive at a 4.8% CAGR through 2034.
Competitive Landscape
The modified starch market is highly competitive, with noteworthy giants such as Cargill, ADM, Ingredion, and Tate & Lyle dominating. Strategic relationships and innovation are crucial battlegrounds, particularly in producing modified starches and clean-label alternatives. Roquette Frères and Grain Processing Corporation are the market leaders in the clean label area. Region-specific players cater to local preferences. Sustainability policies and adaptability to global food trends are critical for retaining a competitive advantage.
Recent Developments
- In February 2024, Ingredion Incorporated introduced Novation Indulge 2940 starch to their clean-label texturizer portfolio. It is the first non-GMO functional native corn starch designed to gel and co-texturize popular dairy and alternative dairy items and desserts.
- In June 2023, Loryma introduced “E number free” adhesion starch with a clean label. Loryma, a German business, claims that its natural adhesion starch derived from wheat and labeled clean is just as effective as modified starches found in standard goods, providing “optimum adhesion properties for all types of substrate coatings.”
- In November 2022, the Department for Environment, Food and Rural Affairs (DEFRA), Innovate UK, the Medical Research Council (MRC), and the Biotechnology and Biological Sciences Research Council (BBSRC) formed a new Diet and Health OIRC. With a £15 million investment, the OIRC hopes to assist overcome common barriers to innovation in the food and beverage industry.
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Modified Starch Market Segmentation
By Source:
- Maize/ Corn
- Wheat
- Potato
- Tapioca
- Rice
By Product Type:
- Acetylated Starch
- Physically Modified Starch
- Enzyme Modified Starch
- Anionic Starch
- Cationic Starch
- Dextrin
- Oxidized Starch
- Thinned Starch
- Pre-Gelatinized Starch
- Others
By Application:
- Food and Beverage
- Bakery Products
- Dairy Products
- Meat & Poultry
- Convenience Food
- Others
- Animal Feed
- Cosmetic and Personal Care
- Papermaking
- Textile
- Pharmaceuticals
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Japan
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