Market Trends of Food Starch Industry
This section covers the major market trends shaping the Food Starch Market according to our research experts:
Modified Starch Holds the Major Share in Food Starch Market
Native and modified starches are used as thickeners, binders, and stabilizers in the food & beverage industry. Due to their functional properties, they are considered indispensable ingredients in the industry. Some of their key functions include the prevention of undesired hydration, rendering the desired texture and mouthfeel, shelf-life extension, and encapsulation of other ingredients. The use of modified starch as a fat replacer is expected to further increase its usage in the future due to the growing trend of consumers giving preference for healthy foods that contain substitutes for fat to increase the nutritive value for food.
North America to Dominate the Market’s Growth
Asia-Pacific also follows suit and depends significantly on maize for the manufacture of starch. North America is expected to have the highest market share for the modified starch market globally. The United States is expected to have the highest market share. Maize is used considerably in Europe as well, although the dependence is lesser compared to other global markets. This is mainly because wheat and potato are significantly used as raw material sources to meet the starch requirements in Europe. The European starch industry produces over six hundred products, from native starches to physically or chemically modified starches, through to liquid and solid sweeteners. The United Kingdom is one of the prominent countries that have a high market share in the consumption of starch in the region.
