The Asia Pacific Modified Starch Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
The modern customer expects a simpler, more pleasurable application without a bleaching impact or a thick, sticky layer. After application, tanning products must be more resistant to sand adhesion to the skin. Cosmetics and personal care products made with modified starch are designed to meet the specific needs of consumers.
Fast food restaurants make up an important portion of the food services industry, and their popularity has grown over time as a result of their emphasis on affordable and competitive pricing, combined with rising consumer demand for convenience foods. Over the last few years, a great numerous international fast food restaurant chains have arisen in various areas of the world, each with its own cuisine and product offers to meet consumer demand in different geographies. Fast food restaurants frequently employ modified starch in their food preparations to enhance the texture, flavor, and taste of their dishes.
Convenience food is in high demand among the working population, who have a fast-paced and ever-changing lifestyle. Due to their hectic schedules, many people choose Ready to Cook (RTC) foods or snacks over regular meals. Various convenience food products, such as ready-to-mixes & eats, bakery products, and so on, contain modified starch. The need for modified starch is likely to rise in the near future as the desire for convenience foods rises.
In the Asia-Pacific region, the use of modified starch in a variety of applications is helping to drive growth. It thickens or stabilizes food products, particularly sauces. All modified starches are acceptable to use in APAC and have undergone independent testing to ensure their safety. As a result of the growing market for sauces and condiments, the market for industrial starches is also expanding at a quicker rate. The demand for starch in the region has been pushed by the region's increasing manufacturing industries, which range from textiles to cosmetics. In nations like China and India, the fast-developing processed food sector and a consumer shift toward snacking have been driving the modified starch market. The changing retail scene, as well as the engagement of a slew of global and local firms in the prepared food industry, is expected to enhance demand for modified starches in the region.
The China market dominated the Asia Pacific Modified Starch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,060.3 million by 2028. The Japan market is experiencing a CAGR of 3.5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 4.7% during (2022 - 2028).
Based on Raw Material, the market is segmented into Corn, Potato, Cassava, Wheat, and Others. Based on Application, the market is segmented into Food & Beverages (Bakery & Confectionery, Beverages, and Processed Food & Others), Feed, and Industrial (Paper Making, Weaving & Textiles, Medicines & Pharmaceuticals, Cosmetics, and Others). Based on Form, the market is segmented into Dry and Liquid. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Modified Starch Market is Projected to reach USD 15.1 Billion by 2028, at a CAGR of 3.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer-Daniels-Midland Company, Cargill Corporation, Ingredion, Incorporated, Tate & Lyle PLC, Royal Avebe U.A., Roquette Freres SA, Emsland Group, KMC Ingredients Company, Tereos S.A., and Royal Ingredients Group B.V.
Scope of the Study
Market Segments Covered in the Report:
By Raw Material
- Corn
- Potato
- Cassava
- Wheat
- Others
By Application
- Food & Beverages
- Bakery & Confectionery
- Beverages
- Processed Food & Others
- Feed
- Industrial
- Paper Making
- Weaving & Textiles
- Medicines & Pharmaceuticals
- Cosmetics
- Others
By Form
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Archer-Daniels-Midland Company
- Cargill Corporation
- Ingredion, Incorporated
- Tate & Lyle PLC
- Royal Avebe U.A.
- Roquette Freres SA
- Emsland Group
- KMC Ingredients Company
- Tereos S.A.
- Royal Ingredients Group B.V.
TABLE 1 Asia Pacific Modified Starch Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Modified Starch Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Corn Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Corn Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Cassava Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Cassava Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Potato Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Potato Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Wheat Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Wheat Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Bakery & Confectionery Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Bakery & Confectionery Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Beverages Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Beverages Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Processed Food & Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Processed Food & Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Feed Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Feed Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Paper Making Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Paper Making Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Weaving & Textiles Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Weaving & Textiles Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Medicines & Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Medicines & Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Dry Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Dry Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Liquid Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Liquid Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Modified Starch Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Modified Starch Market by Country, 2022 - 2028, USD Million
TABLE 51 China Modified Starch Market, 2018 - 2021, USD Million
TABLE 52 China Modified Starch Market, 2022 - 2028, USD Million
TABLE 53 China Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 54 China Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 55 China Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 56 China Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 57 China Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 58 China Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 59 China Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 60 China Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 61 China Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 62 China Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 63 Japan Modified Starch Market, 2018 - 2021, USD Million
TABLE 64 Japan Modified Starch Market, 2022 - 2028, USD Million
TABLE 65 Japan Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 66 Japan Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 67 Japan Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 68 Japan Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 69 Japan Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 70 Japan Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 71 Japan Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 72 Japan Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 73 Japan Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 74 Japan Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 75 India Modified Starch Market, 2018 - 2021, USD Million
TABLE 76 India Modified Starch Market, 2022 - 2028, USD Million
TABLE 77 India Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 78 India Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 79 India Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 80 India Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 81 India Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 82 India Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 83 India Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 84 India Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 85 India Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 86 India Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 87 South Korea Modified Starch Market, 2018 - 2021, USD Million
TABLE 88 South Korea Modified Starch Market, 2022 - 2028, USD Million
TABLE 89 South Korea Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 90 South Korea Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 91 South Korea Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 92 South Korea Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 93 South Korea Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 94 South Korea Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 95 South Korea Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 96 South Korea Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 97 South Korea Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 98 South Korea Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 99 Singapore Modified Starch Market, 2018 - 2021, USD Million
TABLE 100 Singapore Modified Starch Market, 2022 - 2028, USD Million
TABLE 101 Singapore Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 102 Singapore Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 103 Singapore Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 104 Singapore Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 105 Singapore Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 106 Singapore Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 107 Singapore Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 108 Singapore Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 109 Singapore Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 110 Singapore Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 111 Malaysia Modified Starch Market, 2018 - 2021, USD Million
TABLE 112 Malaysia Modified Starch Market, 2022 - 2028, USD Million
TABLE 113 Malaysia Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 114 Malaysia Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 115 Malaysia Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 116 Malaysia Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 117 Malaysia Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 118 Malaysia Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 119 Malaysia Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 120 Malaysia Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 121 Malaysia Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 122 Malaysia Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 123 Rest of Asia Pacific Modified Starch Market, 2018 - 2021, USD Million
TABLE 124 Rest of Asia Pacific Modified Starch Market, 2022 - 2028, USD Million
TABLE 125 Rest of Asia Pacific Modified Starch Market by Raw Material, 2018 - 2021, USD Million
TABLE 126 Rest of Asia Pacific Modified Starch Market by Raw Material, 2022 - 2028, USD Million
TABLE 127 Rest of Asia Pacific Modified Starch Market by Application, 2018 - 2021, USD Million
TABLE 128 Rest of Asia Pacific Modified Starch Market by Application, 2022 - 2028, USD Million
TABLE 129 Rest of Asia Pacific Modified Starch Market by Food & Beverages Type, 2018 - 2021, USD Million
TABLE 130 Rest of Asia Pacific Modified Starch Market by Food & Beverages Type, 2022 - 2028, USD Million
TABLE 131 Rest of Asia Pacific Modified Starch Market by Industrial Type, 2018 - 2021, USD Million
TABLE 132 Rest of Asia Pacific Modified Starch Market by Industrial Type, 2022 - 2028, USD Million
TABLE 133 Rest of Asia Pacific Modified Starch Market by Form, 2018 - 2021, USD Million
TABLE 134 Rest of Asia Pacific Modified Starch Market by Form, 2022 - 2028, USD Million
TABLE 135 key Information – Archer Daniels Midland Company
TABLE 136 Key Information – Ingredion, Incorporated
TABLE 137 Key Information – Tate & Lyle PLC
TABLE 138 Key Information – Cargill Corporation
TABLE 139 Key Information – Royal Ingredients Group B.V.
TABLE 140 Key information – Royal Avebe U.A.
TABLE 141 Key Information – Emsland Group
TABLE 142 Key Information – KMC Ingredients Company
TABLE 143 Key Information – Tereos S.A.
TABLE 144 key Information – Roquette Freres SA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Ingredion, Incorporated