Modified starch Market latest Analysis, Challenges, Share, Growth Forecast By 2027

Ajinkyaaa02 Dec, 2021Other

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.