The global modified starch market was valued at US$ 10.24 billion in 2018, and is predicted to grow at a CAGR of 5.5 percent in terms of revenue from 2019 to 2027, reaching US$ 16.46 billion. It is seeing tremendous growth as a result of its increased use in a wide range of foods, as well as the cost-effectiveness and enhanced functions it provides over native starch. Modified starch is in high demand due to the increased demand for processed and convenience foods among consumers. Modified starch is being more widely used as a result of the advancement of new technology and novel trials in the food and beverage industry. Because of its huge manufacturing of processed foods, the Asia Pacific region will dominate the market.
Modified starch market enables the modification of basic properties of native starch and obtaining certain functional properties suitable for a wide range of industrial applications. It has a variety of functions; it is used as a thickener, texture agent, fat replacer, and emulsifier. Modified starches, because of their characteristic of absorbing water and bulking up, render the essential mouthfeel to the food products they are used in. This makes them an excellent substitute for fat. Starch is also used as a thickener or as a gelling agent in food products, as the texture is one of the important factors for the consumers to accept the food products. Oxidized starches are used as thickeners and subsidiary gelatin agents in sauces, jellies, puddings, and ice creams. The advancement in technology used for processing starch has developed a variety of ingredients that can be customized to meet most formulating challenges.
Because of its functional qualities, modified starch is employed in a variety of industrial applications. However, the sources of starch are fairly limited, and include corn, cassava, wheat, potato, rice, and others. The availability of these sources is determined by climate circumstances. Cassava production, for example, is affected by climate circumstances. Unfavorable weather conditions impede cassava output and cause cassava prices to fluctuate.
Furthermore, these are not only employed in the production of starch but also for other reasons. Corn is the most important crop grown in the United States. Non-food applications account for more than 40% of total production. A significant amount of raw maize is used in the manufacturing of ethanol, which has a negative influence on the food industry. Corn's use in ethanol production reduces its proportion in food as well as many other non-food applications, particularly as modified starch. Tapioca and wheat are also employed in the ethanol production process. As a result, the modified starch ratio is lower than the potential production of modified starch from diverse sources.
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