Posted on: 03 December, 2020
Author: Prateek Baranwal
According to the Renub Research Latest Analysis Report, titled "Modified Starch Market, Production & Forecast, Sectors (Corn, Wheat, Cassava, Potato), Regions, Segments, Company Analysis" Modified sta... According to the Renub Research Latest Analysis Report, titled "Modified Starch Market, Production & Forecast, Sectors (Corn, Wheat, Cassava, Potato), Regions, Segments, Company Analysis" Modified starch is made by morphological or physicochemical changes to the structure of native starch, through its treatment with heat, acids, alkalis, and enzymes. This treatment increased the capacity for water retention, heat resistance, binding features, and thickening properties. some of the first raw materials from modified starches are maize, potato, wheat, and cassava. according to Renub Research analysis, Modified Starch Market will be US$ 14.9 Billion by 2026. This growth in the market is because of growing inclusion in a wide range of foods and also the cost-effectiveness provided by them, it's experiencing substantial development, along with the improved features they provide compared to native starch. The rising demand among consumers for processed and food is generating a requirement for modified starch. the integration of modified starch across different industries is growing with the advancement of latest technology and groundbreaking studies in the food and beverage industry. because of its high production of processed food, the Asia Pacific segment goes to dominate the market. The demand of Modified Starch has increased due to its ability to boost food texture and shelf life, increased consumption of these items in bakery, dairy, and convenience foods is expected to propel their market further. The segment will be powered by a positive food & beverage industry outlook in developing countries. Significant growth in the pharmaceutical industry is also expected to occur in these emerging economies thanks to growing market demand for advanced medicines, which in turn will propel product demand over the forecast period. The Impact of COVID-19 on Modified Starch Market The coronavirus (COVID-19) effects are already starting to be felt and will have a major impact on the Modified Starch Market in 2020. the world economy was influenced in three main ways by COVID-19: by directly impacting production and market instability and demand, by building a supply chain and by its economic effect on businesses and financial markets. Based on raw materials, the modified starch market is categorized as Wheat, Corn, Potato and Cassava. The modified starches are utilized in all starch applications, likewise thickening agent, emulsifier, binder and stabilizer in food and non-food sector. Besides, the modified starch market is additionally segmented based on its use in numerous sectors like Confectionery and Drinks, Pharmaceuticals and Chemicals Corrugating and Paper Making, Processed food, Feed and other non-food. Modified starch is widely utilized in dairy products and confectionery, bakery to enhance their texture and stability and in the pharmaceutical industry; it operates in the formulation of tablets. Generally, the market is segmented by application, by company, and by region for the viable landscape analysis. Based on regions, the modified starch market has segmented into the Americas, Europe, Asia-Pacific and Rest of World. the Americas and Asia-Pacific mostly dominate the modified starch market. the world starch market is primarily driven by factors like increasing consumption of processed food and food. The Asia Pacific is predicted to be the fastest-growing regional market. Asian countries, especially China, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. The global modified starch market key players include Archer Daniels Midland Company, Cargill, Ingredion and Tate & Lyle. In April 2020, Ingredion announced that going to build a new integrated modified starch facility in Shandong, China. This new plant will assist the local and regional customers in maintaining a proper service and supply chain. Modified starches are one of many functional biopolymers utilized in microencapsulation. What makes it different is that starch has many type naturally occurring varieties for selecting a preferred structure. Well-established enzymatic, chemical and physical modification technologies allow tailor-made molecular structures for optimized performance. Hydrophobically modified starches, acting as surface-active agents, are very effective, consistent, versatile, and economical in microencapsulation of oil-based flavours, micronutrients, fragrances, agri-chemicals, and pharmaceutical actives. In spray-drying microencapsulation, modified starches offer high oil load, extra volatile retention, long shelf-life, and high manufacturing efficiency. Individually, high-level surface activity enables high oil load, which lowers both material and production cost. It also enables fine emulsions and therefore low surface oil. Low viscosity enables high solids and so high oil retention and high manufacturing throughput. Film-forming and fast dynamics allow forming dense matrix providing active protection. Request a free Brochure copy of the report: https://www.renub.com/request-brochure-page.php?gturl=modified-starch-market-production-forecast-sectors-regions-segments-company-analysis-p.php Market Summary: By Sector: This research report provides the market by the following sectors: Corn, Wheat, Cassava, and Potato. By Regions: The market and market share of the following regions: Americas, Europe, Asia Pacific, and Rest of World are covered in the research report. By Segments: This research report provides market and market share of Confectionery & Drinks, Processed Food, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, and Non-food. By Company: This research report has covered Company overview, recent developments/ initiatives and revenue analysis for Cargill, Ingredion, Archer Daniels Midland Company and Tate & Lyle. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Contact Us:Renub ResearchPhone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)Email: [email protected]: https://www.renub.comFollow on Linkedin: https://www.linkedin.com/company/renub-research Source: Free Articles from ArticlesFactory.com Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.