In 2019, The Global sales of Modified Starch market were valued at USD 16,209.5 million. The historical CAGR growth rate recorded from 2019 to 2024 was estimated at 2.9%. It is projected that the revenue will reach USD 18,779.0 million by the end of the forecast period. The global industry is expected to expand at a compound annual growth rate (CAGR) of approximately 4.4% over the next decade and it would be nearly double its size in terms of revenues at USD 28,885.3 million by 2034.
Modified starches are obtained from different sources including corn, wheat, and potatoes are crucial for improving texture, stability, and performance in diverse applications. The global modified starch industry relies on various actors such as transnational corporations that engage in innovation processes.
Important trends involve increasing demand for clean-label and natural ingredients and expanding plant-based and gluten-free markets. Thus, continuous research and development in this field will ensure continuous growth while satisfying consumers' preferences regarding these products.
| Attributes | Description |
|---|---|
| Estimated Global Industry Size (2024E) | USD 18,779.0 Million |
| Projected Global Value (2034F) | USD 28,885.3 Million |
| Value-based CAGR (2024 to 2034) | 4.4% |
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The table below presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for the Global Modified Starch industry.
This analysis reveals crucial shifts in industry performance and indicates revenue realization patterns, thus providing stakeholders with a better vision of the ecosystem growth trajectory over the year. The first half of the year, or H1, spans from January to June. The second half, H2, includes the months from July to December.
| Particular | Value CAGR |
|---|---|
| H1 | 4.6% (2023 to 2033) |
| H2 | 4.0% (2023 to 2033) |
| H1 | 4.3% (2024 to 2034) |
| H2 | 4.8% (2024 to 2034) |
The above table presents the expected CAGR for the Global Modified Starch industry over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2024 to 2034, the business is predicted to surge at a CAGR of 4.6%, followed by a slightly variable growth rate of 4.0% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to change slightly to 4.3% in the first half and remain relatively moderate at 4.8% in the second half.
Consumer preference leading to rise of clean-label modified starch
Clean label/natural ingredient development has had significant effects on modified starch production. Customers have begun demanding food products with simple recognizable ingredients and which has necessitated innovations in the modification process in order to ensure that end products do not possess any artificial preservatives or chemicals making them healthy for human consumption.
To enhance transparency and sustainability, companies use non-GMO sources alongside environment-friendly methods of production. This trend is expected to continue shaping future product development within the industry.
Expansion in plant-based and gluten-free markets bolstering Modified Starch sales
Modified Starch plays a critical role in the formulation of plant-based eatables or those that don't contain gluten hence contributing to their mouthfeel, stability, and texture. In response to growing demand for plant-based and gluten-free products, manufacturers are now developing modified starches tailored to these dietary requirements.
This is bringing about innovation in the industry with players in the market spending on research and development to produce starches that improve the properties of plant-based and gluten-free foods. This is expected to be one of the main driving forces behind the expansion of this sector.
Cationic Starch demand growing rapidly due to applications in the Paper Industry
The extensive application of cationic starch in paper manufacturing has led to its increased demand in recent years. Cationic starch improves paper's strength, printability, and retention for fine particles/fillers due to its positive charge.
Such a positive charge allows it to interact effectively with negatively charged fibers in the paper leading to better bonding and improved quality. The paper industry, therefore, is demanding cost-effective ways of increasing product performance such as the use of cationic starch; which is an essential additive.
Pharmaceutical industry adopting Modified Starch for its use as Binding & Disintegrating
Due to their excellent binding and disintegration properties, modified starches are increasingly being employed by pharmaceutical companies. These types of carbohydrates are excipients used in most tablet formulations where they bind ingredients together before disintegrating when ingested.
Modified Starch offers advantages such as improved compressibility, enhanced stability, and controlled release of active ingredients. These features make them very useful throughout many pharmaceutical applications including solid dosage forms such as tablets or capsules. Because people need efficient drugs whose delivery system can be trusted, increased usage of modified starches in pharmaceuticals is expected.
Principal Consultant
Global sales increased at a CAGR of 2.9% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on the industry will rise at 4.4% forecast CAGR.
The industry of Modified starch has witnessed so much growth in the last two decades as a result of improvements in food processing technologies and increasing demand for convenience foods. In its history, it has moved from simple starch modifications to very specialized products developed to meet specific needs. Initially, modified starches were mainly only used in the food sector as thickeners, stabilizers, and texturizers.
The future of the global modified starch industry appears very promising, with many important trends such as Clean-label and natural ingredient demand as well as plant-based and gluten-free products rise. They are presenting fresh opportunities for modified starches as essential components.
Technological advancements in starch modification processes are likely to lead to more efficient and sustainable production methods which will enhance the growth of this industry further. Additionally, the broadening applications of modified starches in emerging markets especially in Asia-Pacific and Latin America are thought to contribute immensely towards future growth.
Within the Modified Starch Industry there exists a mixture of fragmentation and consolidation, including substantial presence by multinational corporations (MNCs) as well as regional players.
Fragmented markets consist of various small-to-medium-sized firms each having a tiny market share. This is prominent in regions where local producers meet specific requirements or tastes. For example, regional players may be dominant in developing markets due to an understanding of local demands coupled with cost advantages.
On the other hand, consolidated markets involve a few large companies commanding substantial market shares and hence, increased control over the market. This can be seen through consolidation within major MNCs such as Ingredion Inc., ADM, and Cargill in the Modified Starch Industry. These companies have a global reach, advanced R&D capabilities as well as wide product portfolios which enable them to dominate the market.
Specifically within developed regions, the Modified Starch Industry tends more towards consolidation. Major roles are played by MNCs who drive innovation, stick to high standards of production, and easily accommodate regulations from different parts of the world.
For example, Ingredion Inc. and ADM have strong global positions thus, are setting the bar for best practices through innovations. However, regional players cannot be undermined; even more so when focusing on local businesses that cater to the requirement of tailor-made solutions and are price-sensitive in nature. Example includes Foodchem which is based in China.
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Ingredion Inc. is one of the major players in the Modified Starch industry. It offers the product with a wide range of applications, which are used in food, beverages, and industrial purposes. The company focuses on increasing its production capacity and localizing its supply chain to meet the growing global demand.
Ingredion's future plans involve significant investment in R&D to create new starch solutions that will adapt to changing consumer preferences. By improving its global supply chain flexibility as well as sustainability, Ingredion intends to remain at the top and keep offering its customers high-quality starch products that may be used in various ways.
ADM is one such major industry player which boasts an array of modified starches from renewable sources like corn and wheat for many sectors. This includes food processing, papermaking, industrial applications, etc. As ADM moves forward it seeks growth through sustainability and innovation targeting a doubling of net nutrition profit by 2025.
The firm's strategic plans are centered on strengthening the global supply chain while adopting technology that will reduce carbon dioxide emissions. Incorporating new product lines plus demanding better performance on delivery; the aim is to have more sustainable alternatives to meet increased demand for premium starch offerings globally.
The following table shows the estimated growth rates of the top five markets. USA and China are set to exhibit high consumption, recording CAGRs of 7.2% and 8.5%, respectively, through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| USA | 4.5% |
| Germany | 3.9% |
| France | 4.1% |
| China | 4.8% |
| India | 5.4% |
A highly advanced food processing industry makes United States lead in the global modified starch industry. The ongoing advances in technology in a country with well-built infrastructure create opportunities for efficient production and use of modified starches.
Modified starches are important in producing different types of food items ranging from fast foods to high-quality restaurant foods and thus, meet the needs of all consumers. Another advantage is that America has immense research and development potential which facilitates the creation of better new starch products.
This combination of innovation and leading-edge processing techniques keeps pushing this country ahead of all other nations in terms of market share worldwide. The industry for Modified Starch in the United States is projected to exhibit a CAGR of 4.5% during the assessment period and revenue from the sales of Modified Starch in the country is expected to reach USD 7,250.2 million with a market share of 25.1%.
The strong agricultural sector in France significantly contributes to its prominence as a leader in the Global Modified Starch Industry. The country provides an environment for easy cultivation of starch production with essential raw materials such as wheat and potatoes due to their rich soil and favorable climatic conditions.
French agriculture practices are up to the mark and also sustainable, hence ensuring a constant supply of high-quality inputs for the starch industry. Further, French dedication towards innovative food technologies and processing increases her ranking in this field. This is because of the synergy between a strong agricultural base and advanced processing capabilities that have made France a leading player in the modified starch industry across the globe.
These trends are leading to a projected value of USD 2,975.2 million by 2034 with Modified Starch demand calculated to rise at a value CAGR of 4.1% during the forecast period (2024 to 2034) with a value share of 10.3%.
The increasing global demand for modified starch can be attributed to China's ever-expanding food and beverage processing industry coupled with an escalating pharmaceutical sector within its borders. Rapid urbanization along with technological advancements have caused changes in Chinese consumer preferences leading to increased demand for processed foods; especially those that require the use of modified starches.
This industry has embraced modified starches mainly for their binding and disintegrating properties of drugs while making formulations. These two sectors are expanding fast creating fertile ground for the growth of the modified starch market in China; which has become one of the major players in global sales.
These factors are responsible for the robust projected forecast CAGR of 4.8% from 2024 to 2034, with the country achieving a global value share of 20.2% in 2034 with a value of USD 5,834.8 million.
| Segment | Pre-gelatinized Starch (Product Type) |
|---|---|
| Value Share (2034) | 33.0% |
Pre-gelatinized starch is highly valued in the F&B Processing Industry due to its unique qualities. It is a precooked type of Starch that dries instantly making it dissolve fully upon addition into cold water. Being used as thickeners, stabilizers, or texturizers among others, pre-gelatinized starch is found in a number of food products like soups, sauces, and instant desserts just to name.
It adds viscosity immediately without requiring heating and thus, it remains relevant even where convenience food or ready-meal products are concerned. This has contributed to the continued importance given by F&B processors towards pre-gelatinized stars as they continue to develop more convenient quick-fix meals. With a dominating share of 33%, this segment has an estimated value of USD 9,532.2 million in 2034 and is projected to grow at a forecast CAGR of 5.3%.
| Segment | Corn (Source) |
|---|---|
| Value Share (2034) | 41.0% |
Corn has become the top source of modified starch because it is easily available and can be used in various ways. Corn starch is one of the most versatile types that can be modified to suit different functions hence applicable in many industries. For example, cornstarch can be used in food processing, pharmaceuticals, textiles as well as paper making.
The availability of corn throughout the year and its cost-effectiveness have also contributed to its use in producing most of the world's modified Starch. Even when industries are innovating and need reliable raw materials, corn still remains a versatile and accessible source for obtaining modified stars. This growth has propelled its value to USD 11,843.0 million in 2034 with a market share of 41% and further projections suggest its growth at a CAGR of 4.6%.
| Segment | Food Processing (End Use) |
|---|---|
| Value Share (2034) | 56.0% |
The food processing industry has high demand for modified starches due to their excellent gelling characteristics and bonding capabilities. These substances are essential for creating texture, consistency, or stability of certain foods like mashed potatoes which therefore require add-ons like thickeners among others. Their application includes thickening sauces, stabilization of dairy products and enhancement of mouth feel in baked goods amongst many other uses in this industry.
Modified starches also play an important role in prolonging shelf life whilst improving quality standards applied to processed foodstuffs. In addition to that, demand for these products keeps rising as time goes by because more people value their convenience while others find the taste irresistible. Bolstering from these trends, this segment is set to achieve a market share of 56% with a market value of USD 16,175.8 million by 2034 due to growth at a forecast CAGR of 4.0%.
Strategic mergers, acquisitions, and innovative product launches have been responsible for driving dynamic growth within the Global Modified Starch Industry recently. Firms will merge especially with multinationals seeking to consolidate market positions while expanding globally. Other than that acquisitions provide non-specialist companies with opportunities to diversify into new markets or develop specialized portfolios at given points in time.
Companies continue to innovate in their products launching tailor-made modified starches for food, pharmaceutical, and industrial applications. They often look at new functionalities such as improved texture, stability, and health benefits.
Industries are making significant investments in R&D in order to sustain growth and make it better. They focus on innovation to obtain a competitive advantage over others and meet changing customer preferences. Companies are increasingly collaborating through strategic partnerships to tap into the other's expertise and assets.
As per Product Type, the industry has been categorized into Cross-linked Starch, Acetylated Starch, Oxidized Starch, Enzyme-Treated Starch, Pre-gelatinized Starch, Hydrolyzed Starch, Cationic Starch, Phosphorylated Starch, and Others.
As per Source, the industry has been categorized into Potato, Wheat, Corn, Tapioca, and Rice.
As per End Use, the industry has been categorized into Food Processing, Beverages Processing, Animal Feed, Cosmetic and Personal Care, Papermaking, Textile, Pharmaceuticals, and Others.
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and Middle East & Africa.
The global market is estimated at a value of USD 18,779.0 million in 2024.
Prominent players in the landscape include Ingredion Inc, Foodchem, ADM, AGRANA Group, Emsland Group, Roquette Frères, Blattmann Schweiz AG, Tereos, and Poon Phol Group.
The Global Industry grew at a Historical CAGR of 2.9% from 2019 to 2023.
The USA market is projected to hold a revenue share of 26.1% over the forecast period.
The industry is projected to grow at a forecast CAGR of 4.4% from 2024 to 2034.
1. Executive Summary 2. Industry Introduction, Including Taxonomy and Market Definition 3. Market Trends and Success Factors, Including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Product Type 6.2. Source 6.3. End Use 6.4. Region 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 7.1. Cross-linked Starch 7.2. Acetylated Starch 7.3. Oxidized Starch 7.4. Enzyme-Treated Starch 7.5. Pre-gelatinized Starch 7.6. Hydrolyzed Starch 7.7. Cationic Starch 7.8. Phosphorylated Starch 7.9. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Source 8.1. Potato 8.2. Wheat 8.3. Corn 8.4. Tapioca 8.5. Rice 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 9.1. Food Processing 9.2. Beverages Processing 9.3. Animal Feed 9.4. Cosmetic and Personal Care 9.5. Papermaking 9.6. Textile 9.7. Pharmaceuticals 9.8. Others 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Balkans & Baltic 10.6. Russia & Belarus 10.7. Central Asia 10.8. East Asia 10.9. South Asia & Pacific 10.10. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Balkans & Baltic Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Russia & Belarus Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Central Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 20. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 21. Sales Forecast 2024 to 2034 by Product Type, Source, and End Use for 30 Countries 22. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 23. Company Profile 23.1. Ingredion Inc 23.2. Foodchem 23.3. ADM 23.4. AGRANA Group 23.5. Emsland Group 23.6. Roquette Frères 23.7. Blattmann Schweiz AG 23.8. Tereos 23.9. Poon Phol Group 23.10. Cargill, Inc 23.11. Royal Avebe 23.12. MGP Ingredients 23.13. Tate & Lyle PLC 23.14. Südstärke GmbH 23.15. Thai-Wah Public Company Ltd 23.16. Others
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Modified Starch Market
