About Oxidized Starch
Rising disposable income in developing economies, and rapidly changing consumers’ lifestyle is also expected to boost demand in the global oxidized starch market in the forecasted period. Oxidized starch is a very versatile product. It is mainly used in the cooking process as well as it increases the printability of materials especially paper. Also, oxidized starch is ideal for coating or can be used as a coating base. In addition, macroeconomic factors making a positive impact on the global oxidized starch market include changing consumer lifestyle, rising population, and increasing domestic income.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Competition among existing players is due to the Oxidized Starch market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Oxidized Starch Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Oxidized Starch market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Universal Starch Chem Allied (India), Banpong Tapioca Flour Industrial Co. Ltd. (Thailand), Avebe U.A (Netherlands), China Essence Group. (China), Cargill (United States), Ingredion Inc (United States), Archer Daniels-Midland (United States), Penford Corp (United States), Tate and Lyle (United Kingdom) and Ulrick and Short Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Splenor Starch LLP (India), Noritake Company (Japan) and Vijay Chemical Industries (India).
Segmentation Overview
AMA Research has segmented the market of Global Oxidized Starch market by Type (Food Grade, Pharmaceutical Grade and Industrial Grade), Application (Stabilizer Smoothing Agent, Coating Binder, Pigment Binder and Others) and Region.
On the basis of geography, the market of Oxidized Starch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Pharmaceutical Industry will boost the Oxidized Starch market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Consumption of Bakery and Confectioneries and Huge Demand for warp Sizing from the Textile Industry
Market Growth Drivers:
Growing End-User Industry including Food, Pharmaceutical, Construction, and Paper Industry and High Utilization due to Reduces Microbiological Content and Improves Whiteness
Restraints:
Growing Concern Regarding Toxicity of Oxidized Starch
Opportunities:
Potential Growth in Food and Textile Industry In Developing Countries and Upsurging Demand in Pharmaceutical Industry Owing To Research and Development
Market Leaders and their expansionary development strategies
In February 2019, Cargill is investing 20 million euros in its starch production plant in Sas Van Gent, The Netherlands, to expand the instant starch capacity. The investment will support the increased consumer demand for convenience food.
In September 2018, Cargill is expanding its portfolio of label-friendly functional native starches with the addition of three potato starches designed for meat, meat alternatives, and culinary applications. Designed for mild processing conditions, these starches offer superior viscosity and improved sensory experience, without compromising on taste and appearance.
Key Target Audience
Oxidized Starch Manufactures, Distributors and Suppliers, Industry Association Related with Oxidized Starch, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.