Modified Starch Market Introduction
Modified starches contain of starch with low to very low level of substituent group. Additionally, by hydrolysis Starch also can be modified to form a fat replacer.
Modified starch are the starch extracted from vegetables and grains which are treated to improve its ability to keep the structure and texture of the food intact. The physical modification, enzymatic modification and chemical modification are three different ways of modifying starch. Furthermore, to enhance its properties particularly in specific applications such as to improve the increase in water holding capacity, reinforce its binding, heat resistant behavior and improved thickening are the purposes of this modification.
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Modified Starch Market Outlook
High investment in research and development activities in the development of innovative product has also impacted the growth of the market for modified starch. However, instability in raw material prices, availability of substitutes and high cost of natural additives are hampering the growth of the alcohol ingredient market. While, the emerging markets in Asia Pacific & Africa and potential alternative sources of modified starch are expected to bring in new opportunities in the development of this market.
The market for modified starch has witnessed significant growth by key factors such as Raising in consumption of processed and convenience food, Increasing demand for adhesives in a range of industrial applications and functional properties of modified starch and their ease of incorporation in a wide range of food applications.
Modified Starch Market by Application
The applications of the modified starch market is segmented into food & beverages, animal feeds paper-making, weaving & textiles and pharmaceuticals. The food & beverages segment is classified into confectionery, beverages, processed food, while the animal feed is segmented into swine feed, ruminant feed, poultry feed, and others. The food & beverage segment dominated the modified starch market in 2018, because they provide stability to food products in frozen bottle and are used in the preservation of food in cans. It is also used to preserve the flavour of food products.
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Modified Starch Market by Geography
The modified starch market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World, which includes Latin America, and Middle East & Africa. In which, the North America dominated the modified starch market in 2018. The well-developed food processing industries in the North American region are driving the market for modified starch. However, Asia-Pacific is anticipated to witness a faster growth rate, due to the growing textile and food processing industries, during the forecast period.
Modified Starch Market Key Players
The modified starch industries has main focus on Research & development, as raw material is a major restraint.
Key leading players operating in the modified starch industry are Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères, Avebe U.A., Emsland- Stärke GmbH, Grain Processing Corporation, Global Bio-Chem Technology Group Company Limited, and Agrana Beteiligungs-Ag. The companies are obtaining starch from various crops, such as wheat, potato and pea. For example, in July 2018, BENEO, launched its new Remypure S52 clean label rice starch at IFT 2018. This new ingredient, the second clean label native rice starch in the company’s portfolio, provides food manufacturers an opportunity to create unique textures and excellent product stability even under harsh processing conditions.
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