Increasing worldwide population is driving the demand for processed and convenience food. Modified starch is an important and functional ingredient that is used in ready-to-eat food products.
The global modified starch market was valued at US$ 10.24 billion in 2018, and is expected to register a CAGR of 5.5% in terms of revenue over the forecast period (2019 – 2027), to reach US$ 16.46 billion by 2027.
With increasing demand for processed food, the modified starch market is expected to witness decent growth over the coming years. Modified starch provides functional properties such as texture, taste, and thickness in processed food, and also helps increase the shelf life of food products.
Due to a large number of benefits, modified starch is used in a variety of industries such as food, textiles, paper making, and cosmetics and personal care. Modified starch is a multifunctional additive used in the cosmetics and personal care industry.
Over the past few years, the trend for natural cosmetic products is increasing, and manufacturers are developing new cosmetic products using natural ingredients such as modified starch.
The market research report investigates the Modified Starch Market globally, as well as major regions and countries. The research report examines each and every aspect of the "Modified Starch Market." The report investigates the entire value chain, from raw materials to end-user industries. The report also includes import/export data, as well as production and consumption figures for all major regions and countries. Furthermore, the research study categorises the Modified Starch Market based on major product types, application, and end user industries. The report also includes a geographical segmentation for the Modified Starch Market. The report also includes production, capacity, price per region, gross margin, and production cost for all of the major regions and countries mentioned in the report.
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