World Modified Starch Market to See Robust Growth, States Meticulous Research in Its New Report Available at MarketPublishers.com
21 Jun 2017 • by Natalie Aster
LONDON – The world modified starch market is poised to gain traction in the upcoming years driven largely by beneficial functional characteristics of modified starch in the food sector, soaring demand for clean label products, bounteous availability of maize, and the booming convenience food industry. Ongoing technological advances in starch modification also contribute to the market growth. However, fluctuating prices for raw materials and increasing use of gum arabic hinders the growth of the market to some extent.
North America dominates the world’s modified starch market, and it is set to continue its leadership over the next few years, led by the USA. Meantime, the APAC region, specifically China and India, is likely to see a boost in the demand for modified starch and post maximum growth during the next 5-6 years, owing to the countries’ fast economic development, expanding food & drinks and textile industry sectors, abundant raw materials availability, and increasing focus of the global market players in these countries.
New market research study “Modified Starch Market: Global Forecast To 2022” elaborated by Meticulous Research provides a reliable, comprehensive analysis and forecast of the global market on a global level with a focus on key country markets.
The research study presents granular market segmentation by raw material, function, and application in different industries. It gives a detailed understanding of the drivers and restraints of this market growth, as well as uncovers major opportunities in the marketplace. The research study scrutinises the overall competitive scenario, covering new product launches, M&As, and other developments. The report also provides detailed profiles of the 12 dominant market players covering their shares of the market, growth strategies adopted, etc. Market estimates and forecasts are provided from 2015 and up to 2022.
A full collection of the publisher’s in-demand reports is at hand in Meticulous Research catalogue at MarketPublishers.com.