Modified Starch Market

Modified Starch Market Size, Share & Trends Analysis Report, By Application (Food and Beverages, Paper, Pharmaceuticals, Animal Feed, Cosmetics and Others), By Raw Material (Corn, Cassava, Wheat, Rice and Others), By Type (Physically Modified Starch, Enzymatically Modified Starch, and Chemically Modified Starch) and Forecast, 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2020014 | Category : Nutraceuticals & Functional Foods | Delivery Format: /

The global modified starch market is estimated to grow at a CAGR of 4% during the forecast period. The major factors contributing to the market growth include the significant rise in the R&D investment in the food & beverage industry and increasing the application of modified starch in the paper-making industry. There is a significant demand for starch in the paper-making industry as it is primarily used to enhance the bonding strength of paperboard and plain white paper. It improves the paper quality, strength and brightens it. With the use of cationic starch (modified starch), nearly 100% of retention is achieved. 

The binding power of cationic starch is significantly higher as compared to a native starch owing to the ionic interactions between the starch, fillers and fibers are stronger as compared to the simple hydrogen bonds. Additionally, modified starch provides superior stability of the molecules and their fundamentally improved rheology makes these starches suitable at greater molecular weights without runnability problems. Owing to the great binding power as compared to unmodified starch, modified starch is being significantly used in the paper-making industry and thereby is propelling the growth of the market. 

Segmentation

The global modified starch market is segmented based on the application, raw material, and type. Based on the application, the market is classified into food and beverages, paper, pharmaceuticals, animal feed, cosmetics, and others. Based on raw material, the market is classified into corn, cassava, wheat, rice, and others. Based on type, the market is classified into physically modified starch, enzymatically modified starch, and chemically modified starch.

Modified Starch finds its significant application in food and beverages

Modified starch offers functional benefits, such as thickening, gelling and bulking agents that contribute to increasing the overall quality of food and beverages. There are multiple key manufacturers of food products using modified starches on their food products. This includes Nestle, PepsiCo, and Tyson Foods. These companies are significantly focusing on R&D investment to involve new food ingredients that can support to increase the quality of their food products. The modified starch applications for the production of bakery, noodles, biscuits, confectionery and other convenience food products have significantly increased over the years. This is resulting owing to the increasing consumers’ demand for healthier food products with an extended shelf life. 

Apart from their conventional role in bakery and confectionery products, modified starches are also used to increase the content of fibers, improve cake and bread volume, replace saturated fats in cookies and retard bread staling. Research in the area of multi-modified starches to enhance starch functionality is anticipated to leverage the versatility of utilization of modified starch in the food sector. Multiple types of research have been performed on the effective application of modified starches to improve the texture in the food products. It can support to improve the quality of extruded products and provide crispness of biscuits and crackers.

Global Modified Starch Market Share by Application, 2018 (%)

Global Modified Starch Market Share by Application

Regional Outlook

The global modified starch market is segmented based on four major regions, including North America, Europe, Asia-Pacific, and the Rest of the world (RoW). Asia-Pacific is estimated to witness considerable share in the market during the forecast period owing to the rising presence of major food & beverage manufacturers coupled with increasing innovation in food products in the region. The Japanese food processing industry is one of the most advanced and sophisticated industry. It has produced $216.8 billion of food & beverage products in 2018, increased from $211.5 billion in 2017. The food manufacturers of Japan manufacture a broad range of products, ranging from traditional foods to health-oriented foods for the elderly and infants. 

The major Japanese food processing companies include Kirin Holdings Co., Ltd., Meiji Holdings, and Ajinomoto Co., Ltd. This significant growth in the food processing industry is contributing to the demand for modified starches to provide functional attributes in food applications. Hydroxypropyl starches are being significantly used in food products to deliver freeze-thaw stability and viscosity stability. These starches are normally incorporated with ingredients to offer the desired texture, viscosity, and stability for storage and processing. Hydroxypropyl starches are used as thickeners in fruit pie fillings, puddings, gravies, sauces, and salad dressings. 

Global Modified Starch Market Growth by Region 2019-2025

Global Modified Starch Market Growth by Region

Market Players Outlook

The major players in the market include Cargill, Inc., Archer Daniels Midland Co., Ingredion, Inc., Rouquette Frères, Tate & Lyle PLC. Mergers and acquisitions, partnerships and collaborations and product launches are some crucial strategies adopted by the market players to expand market share and gain a competitive advantage over their competitors. For instance, in July 2018, BENEO-Remy N.V. introduced its new Remypure S52 clean label rice starch to offer an opportunity to the food manufacturers for the development of unique textures and superior product stability even under harsh processing conditions. The company has developed a state-of-the-art thermal inhibition process technology that reinforces native rice starch granules to increase their functional properties. 

This, in turn, leads to delivering an ingredient superior or comparable to chemically modified food starches, without using chemicals. Food starches are often used as thickeners in food products, including ready to eat meals, soups, and sauces to create excellent freeze/thaw stability and pleasant textures. However, these products need high performance under acidity, shear and heat, the major challenge is to maintain optimum functionality under conditions, including gentle pasteurization to more severe retorting in both acidic and neutral food matrices. Therefore, Remypure S52, as a clean label texturizer, provides options to the manufacturers without the requirement of modified starches under conditions that range from low pH to high shear and high temperature.  As a result, the product is expected to gain significant attention from then food manufacturers, which in turn, will support the company to increase its market share.  

The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global modified starch market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report 

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Company Share Analysis 

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Cargill, Inc.

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Archer Daniels Midland Co. 

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. Ingredion, Inc.

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. Roquette Frères

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. Tate & Lyle PLC

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. Global Modified Starch Market by Application

5.1.1. Food & Beverages

5.1.2. Paper

5.1.3. Pharmaceuticals

5.1.4. Animal Feed

5.1.5. Cosmetics

5.1.6. Others (Textile)

5.2. Global Modified Starch Market by Raw Material

5.2.1. Corn

5.2.2. Cassava

5.2.3. Wheat

5.2.4. Rice

5.2.5. Others (Potato)

5.3. Global Modified Starch Market by Type

5.3.1. Physically Modified Starch

5.3.2. Enzymatically Modified Starch 

5.3.3. Chemically Modified Starch 

6. Regional Analysis

6.1. North America

6.1.1. United States

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. Japan

6.3.3. India

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. AGRANA Beteiligungs-AG

7.2. Archer Daniels Midland Co. 

7.3. BENEO-Remy N.V.

7.4. Cargill, Inc.

7.5. Coöperatie AVEBE U.A.

7.6. Emsland- Stärke GmbH 

7.7. Everest Starch (India) Pvt. Ltd.

7.8. Global Bio-Chem Technology Group Co. Ltd. 

7.9. Grain Processing Corp.

7.10. Honest Derivatives Pvt. Ltd.

7.11. Ingredion, Inc.

7.12. KMC A/S

7.13. Qingdao CBH Co., Ltd. 

7.14. Roquette Frères

7.15. Samyang Holdings Corp.

7.16. Shubham Starch Chem Pvt. Ltd. 

7.17. SMS Corp. Co., Ltd.

7.18. Tate & Lyle PLC

7.19. Tirupati Starch & Chemicals, Ltd. 

7.20. Universal Starch Chem Allied, Ltd. 

7.21. VEDAN International (Holdings), Ltd.

1. GLOBAL MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

2. GLOBAL MODIFIED STARCH IN FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

3. GLOBAL MODIFIED STARCH IN PAPER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

4. GLOBAL MODIFIED STARCH IN PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

5. GLOBAL MODIFIED STARCH IN ANIMAL FEED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

6. GLOBAL MODIFIED STARCH IN COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)

7. GLOBAL MODIFIED STARCH IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)

8. GLOBAL MODIFIED CORN STARCH MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2018-2025 ($ MILLION)

9. GLOBAL MODIFIED CASSAVA STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

10. GLOBAL MODIFIED WHEAT STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

11. GLOBAL MODIFIED RICE STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

12. GLOBAL OTHER MODIFIED STARCH SOURCES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

13. GLOBAL MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)

14. GLOBAL PHYSICAL MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

15. GLOBAL ENZYMATIC MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

16. GLOBAL CHEMICAL MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

17. GLOBAL MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

18. NORTH AMERICAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

19. NORTH AMERICAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

20. NORTH AMERICAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2018-2025 ($ MILLION)

21. NORTH AMERICAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)

22. EUROPEAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

23. EUROPEAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

24. EUROPEAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2018-2025 ($ MILLION)

25. EUROPEAN MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)

26. ASIA-PACIFIC MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

27. ASIA-PACIFIC MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

28. ASIA-PACIFIC MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2018-2025 ($ MILLION)

29. ASIA-PACIFIC MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)

30. REST OF THE WORLD MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025($ MILLION)

31. REST OF THE WORLD MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2018-2025($ MILLION)

32. REST OF THE WORLD MODIFIED STARCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)

1. GLOBAL MODIFIED STARCH MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)

2. GLOBAL MODIFIED STARCH MARKET SHARE BY RAW MATERIAL, 2018 VS 2025 (%)

3. GLOBAL MODIFIED STARCH MARKET SHARE BY TYPE, 2018 VS 2025 (%)

4. GLOBAL MODIFIED STARCH MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)

5. US MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

6. CANADA MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

7. UK MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

8. FRANCE MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

9. GERMANY MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

10. ITALY MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

11. SPAIN MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

12. ROE MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

13. INDIA MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

14. CHINA MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

15. JAPAN MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

16. REST OF ASIA-PACIFIC MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)

17. REST OF THE WORLD MODIFIED STARCH MARKET SIZE, 2018-2025 ($ MILLION)