The global Starch Derivatives Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Starch Derivatives Market scope was 49,171.8 kilo tons during the year 2014. It is estimated to develop by a substantial CAGR for the duration of the upcoming seven years, due to its increasing use in medicines, processed foodstuffs, and liquid refreshment. Growing demand as a binder, preservative, thickening mediator and emulsifier will expand the progress of the business.
Key Players:
- Cargill
- Avebe U.A.
- Emsland Group
- Tate & Lyle PLC
- Agrana Group
- Roquette Frères
- ADM
- China Essence Group Ltd.
- Ingredion Incorporated
- Global Bio-chem Technology Group Company Limited
- Zhucheng Dongxiao Biotechnology Co.
- Grain Processing Corporation
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Growth Drivers:
Increasing customer fears concerning fitness and nourishment together with altering inclination in the direction of fit appetite is expected to be the most important motivator for the development of the market. Increasing necessity for normal sweeteners in energy beverages and non-fizzy soft drinks will upsurge the infiltration above the prediction period.
Growing ingestion of additives in pastas, noodles, sauces, pie fillings, salad dressings, gravies, puddings, custards, and soups will offshoot ingestion. On the other hand, growing R&D expenses together with the deviation in the prices of the raw material are expected to restrict the development of the business. Growing practice of alternatives together with glue will hamper the demand.
Product Outlook:
- Maltodextrin
- Glucose Syrup
- Cyclodextrin
- Hydrolysates
- Modified Starch
The subdivision of Glucose Syrup ruled the international market. It was responsible for a stake of more than 55.0% of the capacity during the year 2014 and is projected to observe important advantages above the period of prediction, on the backdrop of growing ingestion of sauces, bakery products, processed meats, desserts and ice creams.
Application Outlook:
- Food & Beverages
- Cosmetics
- Paper
- Pharmaceuticals
- Feed
Regional Insights:
By the source of geography, the starch derivative market in the Asia Pacific is responsible for a stake of more than 30.0% of the international capacity and will display greater percentage increase because of the growth of the foodstuff & liquid refreshment and medicinal segments in Indonesia, Thailand, India, Philippines, South Korea and India.
North America projected to develop at a CAGR of 3.4% for the duration of prediction, by means capacity; because of the growth of the sub divisions such as medicinal and foodstuff & liquid refreshment in Mexico, Canada and the U.S.A. The Europe is expected to display considerable growth because of speedy growth in the subdivisions of textile and personal care, in Spain, Germany and the UK. In Latin America, Brazil ruled the market during the year 2014. Growing per head earnings of the customers and speedy suburbanization are the main reasons estimated to motivate the demand in the area above the period of prediction.
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