Modified Starch of Food & Beverages Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 5.8 Billion by 2033 at a CAGR of 6.2% from 2026 to 2033.
In 2022, the global modified starch market was valued at approximately $13.7 billion, with the food and beverage sector accounting for over 45% of this revenue. The market is projected to grow at a compound annual growth rate (CAGR) of 3.1% from 2022 to 2027, reaching around $15.9 billion by the end of the forecast period. The Asia Pacific region held the largest market share, contributing over 37% of the global revenue in 2022, and is expected to experience the highest growth with a CAGR of 5.3%. North America followed, accounting for more than 42% of the market share in 2021, driven by a well established food and beverage industry and increasing consumer demand for low fat foods. The growing demand for convenience and processed foods, particularly in emerging economies, presents significant opportunities for the modified starch market. In the Asia Pacific region, rapid urbanization and rising disposable incomes are driving the consumption of processed food products, thereby increasing the utilization of modified starches as functional ingredients. Additionally, the rising preference for clean label and gluten free products is propelling the adoption of modified starches in North America and Europe. Furthermore, the increasing use of modified starch in non food applications, such as paper and textiles, offers additional growth prospects for the market.
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Tate & Lyle Plc.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Modified Starch of Food & Beverages Market
Corn Starch
Potato Starch
Wheat Starch
tapioca Starch
Other Plant-Based Sources
Pregelatinized Starch
Cross-Linked Starch
Octenyl Succinate Starch
Other Modified Starch Types
Thickening Agents
Stabilizers
Gelling Agents
Emulsifiers
Texture Modifiers
Beverages
Baking Products
Dairy Products
Snacks
Confectionery
Food Manufacturers
Food Service Providers
Household Consumers
Beverage Manufacturers
Institutional Buyers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Modified Starch of Food & Beverages Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Modified Starch of Food & Beverages Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Modified Starch of Food & Beverages Market, By Type
6. Global Modified Starch of Food & Beverages Market, By Application
7. Global Modified Starch of Food & Beverages Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Modified Starch of Food & Beverages Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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