Global Starch Derivatives Market Report 2023: Market Size, Top Segments And Key Trends

The Starch Derivatives Global Market Report 2023, provides comprehensive information on the starch derivatives market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Starch Derivatives Global Market Report 2023, the market size is expected to grow from  $59.6 billion in 2022 to $63.04 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global starch derivatives is expected to grow to $75.7 billion in 2027 at a CAGR of 4.7%.

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Technological advancements in the starch derivatives market is shaping the industry by increasing the shelf life of the product. With the development of latest technologies and advanced experiments in the food and beverage industry the integration of starch derivatives across different sectors is expanding. For example, in March 2020, Tate & Lyle, a UK-based provider of food and beverage ingredients and solutions, announced the addition of CLARIA Clean Label Starches to its line with the launch of Claria Everlast. Claria Everlast is an innovative clean label starch that produces superior shelf stability which helps maintain food quality, particularly under severe storage temperatures. In another instance, in November 2020, Germany based food production company, Beneo, launched the first-ever instant functional rice starch which helps manufacturers produce clean label food preparations, such as cold processed sauces, dressings, dairy desserts and bakery fillings. The starch also provides stability during the entire shelf life of a retail product

The starch derivatives market is segmented:

1) By Type: Glucose syrup, Modified starch, Maltodextrin, Hydrolysates, Cyclodextrin

2) By Raw Material:  Corn, Cassava, Potato, Wheat

3) By Form: Dry, Liquid

4) By Application: Binder, Thickener and Stabilizer, Sweetener, Lustering Agent, Powdering Agent, Fish Culture Feed, Expanded Feed, Caking Agent, Dehumidification Agent, Other Applications

5) By End User Industry: Food and Beverage, Medical Industry, Chemical Industry, Personal Care and Hygiene Industry, Paper and Pulp Industry, Other End-Users

North America was the largest region in the starch derivatives market in 2022.

The table of contents in TBRC’s starch derivatives market report includes:

1. Executive Summary
2. Starch Derivatives Market Characteristics
3. Starch Derivatives Market Trends And Strategies
4. Starch Derivatives Market – Macro Economic Scenario
5. Starch Derivatives Market Size And Growth
6. Starch Derivatives Market Segmentation
7. Starch Derivatives Market Regional And Country Analysis

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27. Starch Derivatives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Starch Derivatives Market
29. Starch Derivatives Market Future Outlook and Potential Analysis

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e healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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