The global modified starch market is expected to reach USD 21,806.2 million by 2034, growing at a projected CAGR of 4.7% over the period. In 2024, the market is valued at USD 13,780.3 million.
As consumers become more aware of the link between nutrition and overall well-being, demand for modified starches with health benefits is rising. This includes resistant starches, those with potential glycemic index benefits, and starches with prebiotic properties. Companies investing in research and development to create health-enhancing starches can tap into the growing market for functional ingredients. Providing products that promote customer well-being not only drives sales but also builds trust and loyalty, positioning businesses for long-term success in the evolving health and wellness sector.
The modified starch market is seeing a rising demand for specialized and customized solutions as consumer preferences grow more diverse and discerning. Advances in digital technology are revolutionizing production processes, enabling businesses to enhance productivity, reduce costs, and ensure consistent product quality.
The rise in consumption of modified starches is driven by the growing popularity of functional foods and beverages designed to offer health benefits beyond basic nutrition. As the food manufacturing industry becomes more globalized, there is an increasing need for standardized ingredients that meet regulatory requirements and ensure consistent quality across diverse markets.
Competitive Landscape
The modified starch market is highly competitive, with leading companies such as Cargill, Archer Daniels Midland Company (ADM), and Ingredion Incorporated battling for market dominance. These key players leverage their global presence, extensive product portfolios, and robust distribution networks to strengthen their positions. They strategically pursue mergers, acquisitions, and partnerships to enhance their market standing and expand their technological expertise.
Recent Developments
- In February 2024, Ingredion Incorporated announced the introduction of Novation Indulge 2940 starch as a new addition to its line of clean-label texturizers. It is the first non-GMO functional native corn starch that provides texture for gelling and co-texturizing popular dairy and alternative dairy products and desserts.
- In June 2023, Loryma launched a clean label, “E number free” adhesion starch. According to German company Loryma, their natural adhesion starch extracted from wheat and with a clean label is just as effective as modified starches found in traditional products, offering “optimum adhesion properties for all types of substrate coatings.”
Key Players in the Modified Starch Market
- Cargill
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle PLC
- Roquette Frères
- Grain Processing Corporation
- Avebe
- Emsland Group
- AGRANA Beteiligungs-AG
- Global Bio-Chem Technology Group Company Limited
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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
- Middle East & Africa
- Japan
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