Extensive Demand for Starch-based Food and Beverages to Boost Global Starch Derivatives Market

Published By : 23 Feb 2016 | Published By : QYRESEARCH

The global market for starch derivatives has witnessed a surge in its valuation, thanks to the increasing demand for starch derivatives from the food and beverages, paper, feed, pharmaceuticals, cosmetics, bio-fuel, bio-ethanol, glue production, and other industries. The market is projected to experience a steady rise in the forthcoming years.

Asia Pacific to Retain Leadership
Asia Pacific dominated the global starch derivatives market in 2014. This regional market is expected to maintain its position over the next few years. The increasing demand for starch derivatives from various Asian countries such as India and China has been driving the Asia Pacific starch derivatives market significantly.

North America and Europe are also anticipated to post healthy growth in the overall market for starch derivatives, owing to the rising demand for starch-based food and beverages in these regions.

Of late, the worldwide starch derivatives market has been exhibiting an impressive rise and the future also looks thriving. Here is a snapshot of the top trends, paving the success avenue for the global market for starch derivatives.

  • The demand for maltodextrin was the highest among all products in 2014; this segment is expected to report the fastest growth in the coming years.
  • The glucose syrup segment led the global starch derivatives market in 2014 and is projected to maintain its position in the near future.
  • The food and beverages sector was the biggest end user of starch derivatives in 2014. The consumption of starch derivatives from this sector is likely to be the highest over the next few years.
  • The demand for starch derivatives from the paper and the pharmaceuticals industries is also anticipated to add to the growth of the global starch derivatives market substantially in the coming years. 

Tate & Lyle Plc, Roquette Frères S.A., Archer Daniels Midland Co., Ingredion Inc., BENEO-Palatinit GmbH, Cargill Inc., AGRANA Group, Grain Processing Corp., Avebe U.A., and Emsland-Stärke Gmbh are some of the major starch derivatives producers in the global market.

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