Industry Analysis on Starch Derivatives Market - Global Trend, Size, Share and Forecast 2015 - 2021
"Starch
Derivatives Market by Product (Maltodextrin, Cyclodextrin, Glucose
Syrup, Hydrolysates, Modified Starch), By Application (Food &
Beverages, Feed, Paper, Cosmetics, Pharmaceuticals and others
including industrial applications, bio-Ethanol, bio fuel, glue
manufacturing) - Global Industry Analysis, Trend, Size, Share and
Forecast 2015 - 2021"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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The
global starch derivatives market is expected to witness steady growth
during the forecast period. Increasing usage of starch derivatives in
industrial application is propelling the growth of the starch
derivatives market. The starch derivatives market is categorized by
product type into maltodextrin, glucose syrup, cyclodextrin,
hydrolysates, and modified starch. Based on application, the starch
derivatives market is segmented into food and beverages, feed,
cosmetics, paper and pharmaceuticals among others including
industrial applications and bio-ethanol.
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Glucose
syrup holds a major share of the market, whereas maltodextrin
experienced the highest growth in the market in terms of revenue in
2014. The demand for glucose syrup is expected to grow at a higher
rate as compared to other product segments due to its increasing
applications in various industries such as feeds,pharmaceuticals,
paper, and cosmetics in developing countries. It is often used as
flavor enhancer, volume-adding agent, texture agent, and inhibitor of
sugar from crystallizing in drinks.
Furthermore, increasing health consciousness and
growing demand for natural sweetener is driving the demand for starch
derivatives globally. Increasing demand for convenience food and
beverages in various countries such as China, Germany, India, the
U.S., Brazil, and Saudi Arabia is one of the key factors propelling
the growth of the starch derivatives market. In the past few decades,
several developments have taken place in the starch derivatives
industry, which has experienced a shift from conventional food
products to time-saving food containing starch derivatives in the
convenience and processed food category.
Globally, demand for starch derivatives is
governed by the performance functionality and quality of the
products. In addition, growing demand for starch derivatives in the
pharmaceuticals industry is one of the key factors supporting the
growth of the market significantly. Increasing research and
development expenditure coupled with fluctuation in raw material
prices is likely to restrict the expansion of the starch derivatives
market. However, this market is expected to grow in the next few
years due to rising consumption of starch derivatives in various
emerging countries and increasing application of starch derivatives
in different sectors such as food and beverage, paper, animal feed
and pharmaceutical among others. The research report covers drivers,
restraints and opportunities of the starch derivatives market. The
research study features present market trends and provides the
forecast from 2015 to 2021. The report also covered the current
market scenario for starch derivatives and highlighted its future
market trends that are likely to affect the demand for starch
derivatives. By geography, the market has been bifurcated into North
America, Europe, Asia Pacific, and Rest of the World (RoW). The
present market size and forecast until 2021 are covered in the
report.
In 2014, Asia Pacific held the largest share of
the starch derivatives market followed by Europe, North America, and
Rest of the World (RoW). Asia Pacific is the largest as well as the
fastest growing regional market due to rising demand for starch
derivatives in India and China. Moreover, Asia Pacific is expected to
maintain its leading position during the forecast period. The rise in
demand for starch based food and beverages, and increasing
application in pharmaceutical sector in India and China is expected
to drive the growth of the starch derivatives market in Asia Pacific.
Therefore, food and beverage manufacturers are focusing on producing
starch based products to meet the consumers need in Asia Pacific.
The research study also analyzes different factors
inhibiting and influencing the growth of the starch derivatives
market. The analysis of market attractiveness provided in the report
features key investing areas in the starch derivatives industry.
Furthermore, the report will help starch derivatives manufacturers,
suppliers, and distributors understand the present and future trends
in this market and formulate their business strategies accordingly.
Key players in the starch derivatives market
include Tate & Lyle PLC, Cargill, Incorporated, Archer Daniels
Midland Company, Ingredion Incorporated
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