Starch derivatives are the structurally modified starch obtained from raw starch. This structural modification helps eliminate several innate defects in raw starch, which makes it eligible for application in a range of industrially manufactured products. Starch derivatives find a wide array of industrial application. As per the latest study conducted by Market Research Future (MRFR), the global starch derivatives market is expected to witness a healthy growth in 2022 and beyond.
Starch Derivatives Market is extremely popular in the F&B industry. They are used as an emulsifier, thickening agents and stabilizers. The function food segment also positing a significant demand for starch derivatives. Growing consumer inclination towards functional food and beverages is proving an impetus to the global starch derivatives market. The high nutritional quotient on starch derivative in driving its popularity in health-centric foods. However, sluggish R&D approach continues to undermine the application prospect of starch derivatives.
Get Customized Sample with Complete TOC, Inclusive of COVID-19 Industry Analysis: https://www.marketresearchfuture.com/sample_request/7469
Global Starch Derivatives Market: Segmental Analysis:
The segmental analysis of the market has been conducted based on application, type, function and region.
Based on application, the market has been segmented into personal care, pharmaceutical & nutrceutical, animal feed, food & beverages and others. The food & beverage segmented is covers soups, bakery & confectionery products, dressings, sauces, beverages, dairy products and others. The food & beverage segment is likely to retain its dominant position through the review period. Meanwhile, the pharmaceutical segment is expected to exhibit the highest CAGR during same period. The application of starch derivatives has increased substantially in the pharmaceutical industry. Their growing use as tablet binders is one of the major drivers of the segment.
Based on type, the market has been segmented into hydrolysates, cyclodextrin, maltodextrin, glucose syrups and others. The glucose syrup segment currently represents the largest market share in terms of revenue. Glucose syrup is used in a wide range of F&B products. In addition, the product also finds application in pharmaceuticals, cosmetics, paper, feeds etc. In food products, glucose syrup is used for developing unique characteristics. The maltodextrin segment is also projected to emerge as a highly attractive segment over the forecast period. Segment’s growth is being driven by the increased use of maltodextrin in sauces, pudding, and spreads as thickening agents. Based on function, the market has been segmented into emulsifying, thickening, stabilizing, binding and others.
Make a Purchase Report Enquiry: https://www.marketresearchfuture.com/enquiry/7469
Global Starch Derivatives Market: Regional Analysis:
On the basis of region, the market has been segmented into Asia Pacific (APAC), Europe, North America and the rest of the world. Of these, APAC is anticipated to remain the most lucrative market for starch derivatives during the forecast period. Rapid growth end-use industries such as F&B and pharmaceuticals is supporting the market growth in the region. In recent past the region as drawn tremendous commercial interest on the on account of rapid industrial growth coupled with the expansion of consumer base. The APAC starch derivatives market is projected to exhibit the highest CAGR during the assessment period. China and India have emerged as highly attractive investment destination. These countries are expected to make significant contribution to the market in APAC during the forecast period.
North America and Europe are also expected to present attractive market opportunities over the next several years. Significant presence of end use sectors in these regions is fuelling the demand for starch derivative.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/starch-derivatives-market-7469
Global Starch Derivatives Market: Competition Analysis:
Avebe U.A. (The Netherlands), Cargill, Incorporated (US), Grain Processing Corporation (US), Tate & Lyle PLC (UK), Archer Daniels Midland Company (US), Emsland-Stärke GmbH (Germany), Agrana Group (Austria), Roquette Frères (France), Ingredion Incorporated (US) and Beneo GmbH (Germany) are among the key companies mentioned in the report.
Read More Similar Reports Like:
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.