Modified Starch Market

• Growing demand for convenience and processed food boost market growth

In most industrialized countries, customers use convenience foods daily. Convenience meals necessitate a great deal of processing and preparation, which is made easier by technical advancements in preservation, packing, freezing, and artificial flavorings and ingredients, among other things. Convenience foods are popular in North American and European countries based on their annual consumption rates. People often lead busy and isolated lives, leaving them no time to prepare their food at home.

Globalization and the resulting changes in lifestyles have led to a growth in the intake of convenience foods in various nations worldwide, particularly in Asia's expanding markets, resulting in a rise in demand for modified starch. Therefore, The versatility of significantly modified starches makes them suitable for a wide variety of food applications. They are highly used as

as they enhance texture, viscosity, gel formation, adhesion, binding, moisture retention, and film formation, which has enhanced the Modified Starch market CAGR globally in recent years.

However, there have been significant advances in innovations to cater to the demand. These are the factors driving the growth of the modified starch industry revenue.

The Global Modified Starch Market Industry is projected to experience substantial growth, with estimates indicating a market value of 21.3 USD Billion by 2035. The compound annual growth rate (CAGR) for the period from 2025 to 2035 is anticipated to be 3.72%. This growth is driven by various factors, including increasing applications in food and non-food industries, technological advancements, and rising consumer awareness regarding health and sustainability. The market's trajectory suggests a robust future, with opportunities for innovation and expansion across diverse sectors.

The Global Modified Starch Market Industry experiences heightened demand primarily driven by the food sector. Modified starches serve as thickeners, stabilizers, and emulsifiers in various food products, enhancing texture and shelf life. In 2024, the market is projected to reach 14.2 USD Billion, reflecting the increasing incorporation of modified starch in convenience foods, sauces, and dairy products. As consumer preferences shift towards processed and ready-to-eat meals, the food industry’s reliance on modified starch is likely to grow, thereby propelling market expansion. This trend indicates a robust future for modified starch applications in food formulations.

The Global Modified Starch Market Industry is witnessing significant growth in pharmaceutical applications. Modified starches are utilized as excipients in drug formulations, providing essential properties such as binding, disintegration, and controlled release. The increasing prevalence of chronic diseases and the demand for advanced drug delivery systems contribute to this trend. As the pharmaceutical sector evolves, the need for innovative excipients is likely to rise, further driving the demand for modified starches. This sector's expansion suggests a promising avenue for growth within the modified starch market, potentially enhancing its market value in the coming years.

Technological advancements in the production of modified starch are playing a crucial role in the Global Modified Starch Market Industry. Innovations in processing techniques, such as enzymatic modification and high-temperature processing, enhance the functionality and application range of modified starches. These advancements not only improve product quality but also increase production efficiency, thereby reducing costs. As manufacturers adopt these technologies, the market is likely to benefit from a broader array of modified starch products tailored to specific applications. This trend indicates a dynamic shift in the market landscape, fostering competitiveness and growth.

The Global Modified Starch Market Industry is not limited to food applications; it is also expanding into non-food sectors such as textiles, paper, and construction. Modified starches are utilized as binders, coatings, and adhesives, showcasing their versatility across various industries. The increasing demand for sustainable and biodegradable materials further propels this trend, as modified starches offer eco-friendly alternatives. As industries seek to enhance product performance while minimizing environmental impact, the modified starch market is likely to see a rise in demand from these sectors, contributing to its overall growth trajectory.

The Global Modified Starch Market Industry is influenced by the rising health consciousness among consumers. There is a growing preference for clean label products, which has led manufacturers to explore modified starches derived from natural sources. These starches are perceived as healthier alternatives, aligning with consumer demands for transparency and quality in food ingredients. As the trend towards healthier eating continues, the modified starch market is expected to adapt, potentially leading to an increase in market share. This shift underscores the importance of aligning product offerings with consumer expectations in the evolving food landscape.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Europe Modified Starch market accounted for USD 13.4 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The Asia-Pacific starch sector offers a variety of starch products, including native and modified (chemically and physically) starches, as well as liquid and solid sweeteners. Potato starches’ versatility allows them to be used as ingredients & available supplements in the food, non-food, and feed industries.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

North America Modified Starch Market accounts for the second-largest market share due to the Rising consumer awareness of the health benefits of eating low-fat foods is expected to drive demand. Further, the U.S. modified starch industry held the largest market share, and the market for modified Starch was the fastest growing market.

The Asia-Pacific Modified Starch Market acquired the largest revenue share in 2021. The Asia-Pacific starch sector offers a variety of starch products, including native and modified (chemically and physically) starches, as well as liquid and solid sweeteners. Potato starches’ versatility allows them to be used as ingredients & available supplements in the food, non-food, and feed industries. Moreover, China market for modified starch held the largest market share, and India modified starch industry was the fastest-growing market in the Asia-Pacific region.

Major market players are spending a lot on R&D to increase their product lines, which will help the Modified Starch market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Modified Starches industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the globally Modified Starches industry to benefit clients and expand the market sector. The modified Starchesindustry has provided medicine with some of the most significant benefits in recent years. The Modified Starch market major player such as Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), Roquette Frères (France) is working on expanding the market demand by investing in research and development activities.

Tate & Lyle PLC is a supplier of food and beverage ingredients to industrial markets. It was initially a sugar refining business, but in the 1970s, it began to diversify, eventually divesting its sugar business in 2010. Tate & Lyle PLC acquired an 85% shareholding in Thailand's Chaodee Modified Starch Co. Ltd ("CMS"), a well-established tapioca-modified food starch manufacturer. The signing of a conditional agreement for this acquisition was announced on October 28, 2020. The investment extended Tate & Lyle's presence in specialty tapioca-based restaurants and established a dedicated production facility in the central tapioca-producing Region of Eastern Thailand.

Cargill, Incorporated, is a privately held American food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States. Cargill Inc. partnered with Starpro, a key food-grade tapioca starch producer in Thailand, to expand its specialty tapioca starch offerings in Asia-Pacific. The collaboration will support food manufacturers' product processing requirements and meet consumers' sensory expectations.