Industry Background:
Starch derivatives are obtained from wheat, corn, potato, and another high in starch agricultural products. These derivatives are used in food & beverages, medicines, animal feed, and other applications. This is made by crushing, grinding pulp with water resulting in a paste, that is then dried for removing the remaining impurities in it. The starch derivatives add up the texture to the food and it is also used as a thickening product.This growth is primarily driven by Easy Availability of Raw Material
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Agrana Group (Austria), Archer-Daniels-Midland Company (United States), Cargill, Incorporated (United States), Emsland Group (Germany), Ingredion Incorporated (United States), Tate & Lyle (United Kingdom), Penford Corporation (United States), Royal Avebe (Netherlands) and Roquette (France) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident The popularity of Use of Starch Derivatives in Bakery and Confectionery Products to Increase its Shelf Life. Major Vendors, such as Agrana Group (Austria), Archer-Daniels-Midland Company (United States), Cargill, Incorporated (United States), Emsland Group (Germany), Ingredion Incorporated (United States), Tate & Lyle (United Kingdom), Penford Corporation (United States), Royal Avebe (Netherlands) and Roquette (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2021- Tate & Lyle PLC, a leading global provider of food and beverage ingredients and solutions, has purchased an 85 percent share in Thai tapioca-modified food starch producer Chaodee Modified Starch Co. Ltd.
In June 2020, The Emsland Group, the largest producer of potato starch in Germany, recently announced their partnership with the American company JUST. Overall, each year Emsland Group processes more than two million tons of these crops across the seven locations in Germany. In addition to starches and starch derivatives, as well as potato flakes and granules, proteins and fibers also play a significant role. Potatoes and peas are the base material. In partnership with JUST, the focus is on processing mung bean protein.
Market Drivers
- Easy Availability of Raw Material
- Increasing Application of Starch in Various Industry
- Demand for Increased Shelf Life and Stability of the Starch Products
Market Trend
- The popularity of Use of Starch Derivatives in Bakery and Confectionery Products to Increase its Shelf Life
Restraints
- Health-Related Issues and Side Affects with Starch Derivatives
Opportunities
Surging Demand for Starch Derivatives in Animal Feeding and Medicinal Application
Challenges
Low-Quality Starch Derivatives Companies Entering the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Starch Derivatives Study Sheds Light on
The Starch Derivatives Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Starch Derivatives industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Starch Derivatives industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.