|By PR Newswire||
|March 20, 2014 03:49 AM EDT||
DUBLIN, March 20, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/lnmz95/modified_starch) has announced the addition of the "Concise Analysis of the International Modified Starch Market - Forecasts to 2018" report to their offering.
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The market for modified starch is expected to experience a growth of 4.1% from 2013 to 2018. The estimation is owed to the regular research & development in the industry with a wide application of modified starch in different industries.
The modified starch industry has also brought global attention to the crops such as tapioca that has found in abundance in Southeast Asia. The mentioned reason is also influencing growth of modified starch market in Asia-Pacific region.
The growing food industry in itself forms the driver for the modified starch market, and also is estimated to be a major application for the same. Currently, corn as a source for modified starch acquires a major share of around 68%; however tapioca is expected to grow at the fastest rate.
On the whole, function of modified starch in food, feed, and non-food industry includes flocculation, binding water, film-forming properties, adhesiveness, improvement of pH stability, acidic stability, thickening, increase of shear stability, process tolerance, and many more properties. These are the special characteristics of modified starch that makes it useful in various industries. All the functions of modified starch have been considered in the study, and market has been distributed based on the same.
The global market for modified starch is expected to grow at a rate of 4.1% from 2013 to 2018. The growth rate may go higher in the five years with regular research & development in the field, and manufacturers releasing new products with different applications.
The global modified starch market-defined as starch products chemically modified to withstand the processes they are subjected to in the various end-use applications. It-is witnessing significant growth due to the increasing awareness about the natural ingredients, cost effectiveness offered by these products and more importantly the enhanced functionalities provided in comparison to native starch.
Asian countries, especially China, have emerged as leading destinations, facilitating the market shift from developed economies to developing economies. In relatively saturated markets such as the U.S. and Europe, value-based pricing combined with the raw material in focus has emerged as a major strategy for the companies looking to establish a strong foothold in these markets.
The three broad applications of modified starch include food, feed, and non-food. The enhanced characteristic of starch after being modified widens its availability in the non-food sector and in industries such as pharmaceuticals, cosmetics, and others.
Key Topics Covered:
2 Executive Summary
3 Total Addressable Market
4 Industry Analysis
5 Market Overview
6 Global Modified Starch Market, By Type
7 Global Modified Starch Market, By Raw Material
8 Modified Starch Market, By Application
9 Modified Starch Market, By Geography
10 Competitive Landscape
11 Company Profile
- AVEBE U.A.
- Archer-Daniels-Midland Company
- Cargill Inc.
- Emsland-Starke Gmbh
- Global Bio-Chem Technology Group Co. Ltd
- Grain Processing Corp.
- Tate & Lyle
For more information visit http://www.researchandmarkets.com/research/lnmz95/modified_starch
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets