Modified Starch Market Size Worth $15.36 Billion By 2025 | CAGR 5.7%: Grand View Research, Inc.

Companies are spending heavily on R&D for manufacturing effective water soluble modified starches, resulting in dynamic market conditions. Significant rise in product innovation to enhance product portfolio, gain access to untapped markets, and to avail synergetic benefits has created growth avenues for the market players. Companies have increased their presence across the value chain by integrating and diversifying their product portfolio. Companies such as Cargill, Inc., Ingredion Incorporated, and Roquette Frères are integrated at different stages of the value chain.

Technological advancements in India , China , and Brazil to develop innovative products are expected to create new opportunities for the growth of the modified starch market. Increasing government support to promote natural ingredients will open new avenues over the next seven years. The global market is expected to grow significantly during the forecast period on account of consumption of the product in numerous applications including food and beverage, paper, pharmaceuticals, textile, and coatings, adhesives, and biodegradable polymers among others.

Rising application of modified starch in textile industry is expected to drive the global market in near future. It is also use as a thickening agent in the paper industry. Increasing use of modified starches, such as starch graft copolymers, starch esters, starch ethers, and cationic starches, in textile industry will result in improving the penetration of the textile industry. These starches are used in printing and finishing applications in textiles and as substitute to polyvinyl alcohol.

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco . The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Sherry James
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Grand View Research, Inc.
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