Tag Archives: food sector

Modified Starch Market To Reach USD 14,245 Million By 2022

The Modified starch market will grow at a CAGR of 3.8% from 2017 to 2022 to reach USD $14,245 million by 2022, according to latest publication from Meticulous Research®. This is driven by favourable functional properties of modified starch in food industry, increasing demand for clean label products, growing convenience food sector, and abundant availability of maize. In addition, the increasing use of modified starch in energy drinks and non-carbonated soft drinks for low calories value expectation and growing use of modified starches as a fat replacer in many food applications are the other leading factors expected to propel the growth of the  modified starch market. However, the fluctuating raw material prices and increasing use of gum arabic is expected to hinder the growth of the market to some extent.