Food Starch Market - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||458466|
|出版日期||內容資訊||英文 100 Pages
|全球食品用澱粉市場:成長，趨勢，及預測(2020年∼2025年) Food Starch Market - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年01月01日||內容資訊: 英文 100 Pages||
Global food starch market is expected to grow at a CAGR of 6.35% during the forecast period, 2019 - 2024.
Global food starch market is segmented by type such as native starch, modified starch, starch derivatives, and starch sweeteners. By source it is segmented as maize, wheat, potato, and others (cassava and rice). On the basis of application it is segmented as beverages, baked goods, confectionery, dairy products, and processed foods. Also, the study provides an analysis of the food starch market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Modified Starch Holds the Major Share in Food Starch Market
Native and modified starches are used as thickeners, binders, and stabilizers in the food & beverage industry. Due to their functional properties, they are considered as indispensable ingredients in the industry. Some of their key functions include the prevention of undesired hydration, rendering the desired texture and mouth feel, shelf-life extension and encapsulation of other ingredients. The use of modified starch as a fat replacer is expected to further increase it usage in the future due to the growing trend of consumers giving preference for health foods which contain substitutes for fat to increase the nutritive value for food.
North America to Dominate the Market's Growth
Asia-Pacific also follows suit and depends significantly on maize for the manufacture of starch. North America is expected to have the highest market share for modified starch market globally. The United States is expected to have the highest market share. Maize is used considerably in Europe as well, although the dependence is lesser compared to other global markets. This is mainly because wheat and potato are significantly used as raw material sources to meet the starch requirements in Europe. The European starch industry produces over six hundred products, from native starches to physically or chemically modified starches, through to liquid and solid sweeteners. United Kingdom is one among the prominent countries that have a high market share in consumption of starch in the region.
Companies are participating in this market with the focus on establishing themselves as manufacturers of health and wellness ingredients. The major competitive factors in the native and modified starches market are price, product customization, and customer service. Some of the major players in the global food starch market are Agrana, Cargill Incorporated, Grain Processing Corporation, National Starch Food Innovation, Roquette Fereres Sa, and,Tate & Lyle - Tereos Syral, among others.