Modified Starch Market Size, Share, Industry, Forecast and outlook (2024-2031)

Modified Starch Market is segmented By Type (Pregelatinized Starch, Oxidized Starch, Cationic Starch, Anionic Starch, Cross-Linked Starch, Thinned Starch, Acetylated Starch, Dextrin, Starch Ethers, Physically Modified Starch, Enzymatically Modified Starch, Others), By Source (Corn, Tapioca, Wheat, Potato, Cassava, Others), By Application (Thickening Agent, Stabilizer, Disintegrant, Binding Agent, Emulsifier, Others), By End-Use Industry (Food & Beverages, Pharmaceuticals, Cosmetics, Textile Industry, Animal Feed, Plastic Industry, Others), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Modified Starch Market Overview

Global Modified Starch Market reached USD 12.6 billion in 2022 and is expected to reach USD 16.6 billion by 2031 and is expected to grow with a CAGR of 3.5% during the forecast period 2024-2031. The primary driver for the modified starch market's expansion is the increasing demand for functional meals. Functional food sales are driven by lifestyle difficulties and aging-related conditions with 109 million Americans over the age of 50 and 48 million over the age of 65.

A variety of industries, including food, papermaking, cosmetics, personal care and textiles, use modified starch because of its various benefits. It is used as a flexible addition in the personal care and cosmetics sectors. Since there has been an increase in demand for natural cosmetics over the past few years, which is projected to boost modified starch market demand in the future years.

A significant number of international fast-food restaurant chains have expanded their operations in various parts of the world over the past few years, each with its own cuisine and product offerings to meet consumer demand in multiple regions. Fast food restaurants often utilize modified starch in their food preparation to enhance the flavor, taste and texture of products, which will drive modified starch market trends during the forecast period.

Modified Starch Market Summary 

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Modified Starch Market Dynamics 

Rising Demand for Convenience Foods is Estimated to Drive the Modified Starch Market Growth.

According to regional annual consumption statistics, convenience foods are more common in North America and Europe. Nowadays, people's lives are increasingly more occupied and alone, leaving little time for cooking at home. Globalization and the ensuing changes in lifestyle have increased the consumption of convenience foods worldwide, particularly in Asia's developing markets, which has raised the need for modified starch.

In the long run, the demand for modified starch, as is heavily used in various culinary applications and so, the factor is driving the entire modified starch market. The market is experiencing growing demand as the global economy gradually improves and which leads to an increase in the consumption of processed and convenience foods. In the food and beverages sector, modified starches are employed as thickeners, stabilizers and emulsifiers. 

Growing Demand for Modified Starch in Various End-Use Industries is Driving the Market.

Modified starch has many benefits as it is used in a variety of industries, including food, papermaking, cosmetics, personal care and textiles. Modified starch is a versatile ingredient used in the personal care and cosmetics industries. As demand for natural cosmetics has increased, producers are creating new cosmetic products employing organic materials such as modified starch. 

A potent substitute for silicone elastomers that modifies nylon's sensory properties safely and naturally is modified starches. Hydroxypropyl Starch Phosphate is said to be utiliutilized55 cosmetic goods (195 rinse-off products and 60 leave-on products), according to FDA VCRP data from 2021. 

The Less Presence of the Clean Label Modified Starch is Hindering the Market Growth.

The market for modified starch is experiencing growth restraints due to rising customer demand for products with clean labels. Clean labels have become a crucial purchasing consideration for foods and beverages all around the world. Nearly 65% of American customers prefer food items made from natural ingredients over those that are chemically changed, according to BENEO-

Remy NV is a manufacturer of functional ingredients with headquarters in Belgium. This is encouraging food producers to reevaluate and stop using modified starch in their food compositions. Additionally, several producers of modified starches are concentrating on the development of native functional starches that imitate the characteristics of modified starches. Food processors can make clean label claims for their products thanks to these starches.

Modified Starch Market Segmentation Analysis

The global modified starch market is segmented based on type, source, application, end-user and region.

In the Global Market of Modified Starch, the Starch Ethers Type Segment Holds the Largest Market Share. 

The global modified starch market has been segmented by type into pregelatinized starch, oxidized starch, cationic starch, anionic starch, cross-linked starch, thinned starch, acetylated starch, dextrin, starch ethers, physically modified starch, enzymatically modified starch and others. 

The starch ethers segment held the largest modified starch market share of 28.8% in 2022 in the modified starch market analysis report. The usage of these goods in bakery, convenience and dairy foods is anticipated to rise. A favorable prognosis for the food and beverage sectors in China and India will also be advantageous for the segment. 

With the rising consumer desire for cutting-edge medications, which will drive up product demand throughout the projection period, these developing markets are also anticipated to experience significant expansion in the pharmaceutical industry.

Global Modified Starch Market Geographical Share

The North America Region Held the Largest Share of the Modified Starch Market

The global modified starch market is segmented into five parts of the world based on geography: North America, South America, Europe, Asia Pacific, the Middle East and Africa. The North America modified starch market held the largest market share of approximately 32.6% in 2022 in the modified starch market analysis. 

The demand in the region is anticipated to increase as consumers become more aware of the advantages of consuming low-fat foods, particularly in the United States, which is one of the world's top producers of maize and corn starch. The market is also expanding due to new product developments like Octenyl Succinic Anhydride (OSA), a popular esterification agent, as well as a variety of uses for modified starch products.

Modified Starch Market Companies and Competitive Landscape

The major global players in the market include Ingredion Inc., Cargill, Inc., Tate & Lyle PLC, Avebe U.A., The Archer Daniels Midland Company, Global Bio-chem Technology Group Company Limited, Roquette Frères, Angel Starch & Food Pvt Ltd, Emsland Group, The Agrana Group and BENEO-Remy NV

COVID-19 Impact on Modified Starch Market

Global Recession/Ukraine-Russia War/COVID-19 and Artificial Intelligence Impact Analysis:

Covid-19 Impact:

A lack of demand and supply chain interruptions led to a fall in sales volume across the majority of food categories, including modified starch. Sales in the food business fell, especially in food service and hospitality. The modified starch market suffered as a result of the global food industry's weaker performance.

One of the underlying medical problems linked to the most severe effects of COVID infection, according to TFAH, is obesity. 78% of COVID-19 hospitalized patients in the United States were obese or overweight. After the lockdowns, the market will be driven by functional foods because they are known to be fat substitutes. However, it is anticipated that households' general food selection awareness, which favors plant-grown foods may impede expansion in the future.

By Type

• Pregelatinized Starch
• Oxidized Starch
• Cationic Starch
• Anionic Starch
• Cross-Linked Starch
• Thinned Starch
• Acetylated Starch
• Dextrin
• Starch Ethers
• Physically Modified Starch
• Enzymatically Modified Starch
• Others 

By Source

• Corn
• Tapioca
• Wheat
• Potato
• Cassava
• Others

By Application

• Thickening Agent
• Stabilizer
• Disintegrant
• Binding Agent
• Emulsifier
• Others

By End-user

• Food & Beverages
  • Bakery & Confectionery
  • Snacks
  • Dairy Products
  • Others
• Pharmaceuticals
• Cosmetics
• Textile Industry
• Animal Feed
• Plastic Industry
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In March 2021, the company Ingredion Incorporated, the U.S.-based ingredients manufacturer added ULTRA-TEX 1311 modified potato starch to their wide array of potato-based products for the United States and Canada.
• In February 2021, Tate & Lyle finished acquiring an 85% stake in Chaodee Modified Starch, a Thai company that produces tapioca-modified food starch. On October 28, 2020, it was revealed that a conditional deal for this transaction had been signed.
• In June 2021, a majority share in Chemigate Ltd, a producer of modified starch-based binders, adhesives and specialty chemicals, has been bought by Berner Ltd. According to the business strategy, the acquisition reinforces Berner's position as a crucial and reliable partner in the starch sector.

Why Purchase the Report?

• To visualize the global modified starch market segmentation based on type, source, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development. 
• Excel data sheet with numerous data points of modified starch market-level with all segments.
• The PDF report consists of a cogently put-together market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The Global Modified Starch Market report would provide approximately 93 tables, 109 figures and 190 Pages.

Target Audience 2024

• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies