The Starch Derivatives Market is a growing segment of the global food industry. Starch derivatives are modified forms of starch used in various applications, including food, pharmaceuticals, and industrial processes. Increasing demand for convenience foods and the need for thickening and stabilizing agents drive market growth. Key players in the industry include Ingredion, ADM, and Cargill.
Market Analysis
The global starch derivatives market will touch USD 67.8 billion at a 9.70% CAGR by 2030, as per the recent Market Research Future report.
Drivers
The Starch Derivatives Market is driven by factors such as increasing demand for convenience foods, growth in the pharmaceutical industry, and the use of starch derivatives in various industrial applications like paper, textiles, and cosmetics. Additionally, the rising consumer preference for natural and clean-label products is boosting market growth.
Increasing Product Use in F&B to Boost Market Growth
The increasing use of starch derivatives in the food and beverage sector will boost market growth over the forecast period. Starch derivatives are mostly used as encapsulating, stabilizing, emulsifying, and thickening agent in dairy products, mayonnaise, desserts, soups, salad dressings, and sauces that helps to improve texture, increase stability, and preserve nutrients, fragrances, and flavor. Together with this, the burgeoning need for fast-food and convenience products owing to consumers changing dietary preferences is also fuelling market growth.
Full Report @ https://www.marketresearchfuture.com/reports/starch-derivatives-market-7469
Opportunities
Demand for Natural & Clean Label Ingredients to offer Robust Opportunities
With people becoming even more health conscious, automatically there has been a burgeoning demand for natural and clean label ingredients that will offer robust opportunities for the starch derivatives market in the forecast period. Modified starch as well as starch derivatives can be utilized for replacing artificial additives and augmenting the nutritional profile of the products.
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