Monday, February 24, 2014

Modified Starch Market Research Report, Global Market Estimates Up To 2017

Source: internationalresearchreport.wordpress.com

Starch is naturally produced by all green plants. It is very versatile in nature. Starch is a soft, white, tasteless powder. It is insoluble in cold water, alcohol or any other solvent. The basic chemical formula of the starch molecule is C6H10O5
Source: www.sukhjitgroup.com
Starch is mainly derived from cereals but it can also be obtained from tubers. 
The modified starch market is experiencing the growth phase and major reason behind it is the increasing awareness about convenience foods. Functional properties of starch are attracting many application industries which are boosting the growth in modified starch market. Also, demand for starch is increasing due to awareness among consumers for natural ingredients in food and feed industry.
Unlike natural starch, modified starch has enhanced chemical stability which will make them to use in different processing conditions. Therefore modified starch have increased acceptance from consumers side.
The modified starch consumption is expected to grow from 13.15 million tons in 2011 to 16.28 million tons by 2017, at an estimated CAGR of 3.5%, globally for the period 2012 to 2017.
According to figures of a report, North America is the leader in modified starch market with 37 % market shares, followed by Asia-Pacific (32%) and Europe (26%).
Source: www.marketsandmarkets.com

The Asian sub-continent also has the huge potential to drive the growth of the industry in the coming future. China and India are the leaders form this region, the major drivers of demand being changing lifestyles and growing economies which is boosting the need for convenience food sector.
Starch market has some restrains in growth from biofuel production industry. As biofuel production also requires availability of corn and Wheat, it leads to shortage of these raw materials in US and Europe.
Range of products is obtained from highly sophisticated bioprocess operation of starch processing and refining. These includes products such as citric acids, lactic acids, lysine, threoninie, xanthan gums, erythritol, sorbitol, xylitol, mannitol, hydrogenated starch hydrolyzates, maltodextrins, glucose hydrolyzates and the most recent nutritional products Sucromalt.
Petroleum and chemical industry can be said to be working in a carbohydrate economy where the carbohydrates starch and cellulosics are starting to replace the fossil materials.
In the post recession era, there is a great opportunity for starch processing industry to fulfill the demand of new developing economies in Asia, South America and Africa. Brazil, Russia, India and China can be said to be growth engines for modified starch market.

Source: www.sigma-process.com

 Business houses in the corn processing industry are constantly in the need of quality research work and tools for marketing, purchasing and R & D work related to the industry.

This will help the business units to take firm steps in expanding the business. The detailed market report with extensive analysis of competitors, government policies, relationship between vendors and prices of raw materials will help a firm to get competitive edge over others and can make a firm to the next level. 

Source: www.anilltd.com

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