Starch Derivatives Market Trends, Growth, Demand, Opportunities, Scope and Forecast by 2033

The new report published by The Business Research Company, titled "Starch Derivatives Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the starch derivatives market size has grown steadily in recent years. It will grow from $62.31 billion in 2023 to $65.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The starch derivatives market size is expected to see strong growth in the next few years. It will grow to $80.51 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.

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Surging Demand For Convenience And Processed Foods Fuels Starch Derivatives Market Growth
The growing demand for convenience and processed food is expected to fuel the growth of the starch derivatives market in the forecast period. Convenience food and processed food is a tertiary packaged food or food that is intended to reduce consumer time in the kitchen, lower expenses related to wastage, and minimize costs by economies of scale. Over the years, starch derivatives have appeared as a key successful environmentally friendly product, acting as a binding and gelling agent. There has been a significant rise in the demand for starch throughout the food and beverage sector due to rising sugar values. For instance, the global processed snacks market is expected to increase from $96.9 billion in 2020 to $142.0 billion by 2025. Therefore, the growing demand for convenience and processed food drives the growth of the starch derivatives market.

Innovative Starch Derivatives To Meet The Growing Demand
Major companies operating in the starch derivatives market are developing innovative products such as ULTRA-TEX 1311 to meet the growing demand for starch derivatives. ULTRA-TEX 1311 is a modified potato starch suitable for dairy desserts. For instance, in March 2021 Ingredion Germany GmbH, a Germany-based food and beverages producer announced the launch of ULTRA-TEX 1311 modified potato starch. The innovative starch offers the potential to reduce the need for cooking and shorten processing durations, enabling food producers to conserve energy, time, and equipment expenses, all while achieving increased production efficiencies. Additionally, it is well-suited for use in plant-based, low-fat, reduced-fat, healthier, and ket*o-friendly products, including dairy desserts.

The starch derivatives market covered in this report is segmented -

1) By Type: Glucose syrup, Modified starch, Maltodextrin, Hydrolysates, Cyclodextrin
2) By Raw Material: Corn, Cassava, Potato, Wheat
3) By Form: Dry, Liquid
4) By Application: Binder, Thickener and Stabilizer, Sweetener, Lustering Agent, Powdering Agent, Fish Culture Feed, Expanded Feed, Caking Agent, Dehumidification Agent, Other Applications
5) By End User Industry: Food and Beverage, Medical Industry, Chemical Industry, Personal Care and Hygiene Industry, Paper and Pulp Industry, Other End-Users

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Major companies operating in the starch derivatives market include Ingredion Incorporated, Tate & Lyle Inc., Roquette Frères SA, Beneo GmbH, Penford Corporation, Stern-wywiol Gruppe GmbH & Co KG, Archer Daniels Midland Company, Cargill Inc., Grain Processing Corporation, Tereos Internacional SA, Emsland-Starke Gmbh, Agrana Investment Corp., Gulshan Polyols Ltd., Fooding Company Limited, Foodchem International Corporation, Molinos Juan Semino SA, JP & SB International, Gujarat Ambuja Export Ltd., ShreeGluco Biotech Private Ltd., Shubham Starch Chem Pvt. Ltd., Matsutani Chemical Industry Co. Ltd., Sanstar Bio-Polymers Ltd., Jay Sardar Starch & Gum Consultant, Tirupati Starch & Chemicals Ltd., Ambuja Exports Ltd., Daymer Ingredients Limited, Vimal Ppce, The Wah Starch Public Company Limited, Universal Starch Chem Allied Ltd., Qindao Cbh Co. Ltd.

Contents of the report:
1. Executive Summary
2. Starch Derivatives Market Report Structure
3. Starch Derivatives Market Trends And Strategies
4. Starch Derivatives Market - Macro Economic Scenario
5. Starch Derivatives Market Size And Growth
…..
27. Starch Derivatives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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