India modified starch market size reached US$ 480 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 738 Million by 2032, exhibiting a growth rate (CAGR) of 4.90% during 2024-2032. The increasing adoption of modified starches, which offer improved functional properties such as enhanced stability, better texture, and increased shelf life, is driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023 | US$ 480 Million |
Market Forecast in 2032 | US$ 738 Million |
Market Growth Rate (2024-2032) | 4.90% |
Modified starch refers to a chemically altered form of starch derived from common sources like corn, potatoes, or wheat. The modification process involves treating starch with various chemicals or enzymes to enhance its functional properties for specific industrial applications. This alteration can result in improved stability, texture, and thickening capabilities, making modified starch a versatile ingredient in the food industry. It is commonly used as a thickening agent in soups, sauces, and gravies, providing a consistent and desirable texture. Additionally, modified starch finds application in the manufacturing of various processed foods, such as snacks and baked goods, contributing to their shelf stability. The pharmaceutical and textile industries also utilize modified starch for its binding and sizing properties, respectively. While modified starch changes from its original state, it remains a valuable and widely employed ingredient in diverse sectors, playing a crucial role in enhancing the quality and functionality of numerous products.
The modified starch market in India is experiencing robust growth, primarily propelled by the increasing demand for convenience foods and the expanding food and beverage industry. Firstly, the rising regional population and changing consumer lifestyles have intensified the need for ready-to-eat and processed foods, wherein modified starch serves as a crucial ingredient for enhancing texture, stability, and shelf life. Moreover, the growing awareness of health-conscious choices has led to a surge in demand for clean-label and natural ingredients, driving the adoption of modified starch as a versatile and functional solution. Additionally, the flourishing pharmaceutical sector has contributed to the market's momentum, as modified starch finds applications in drug formulations, encapsulation, and tablet binding. Furthermore, the technological advancements in starch modification processes have enabled manufacturers to offer tailor-made solutions, further fueling market growth. In essence, a confluence of factors, including demographic shifts, health consciousness, and technological innovations, acts as interconnected drivers, propelling the modified starch market forward in India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on raw material, type, function, and application.
Raw Material Insights:
The report has provided a detailed breakup and analysis of the market based on the raw material. This includes corn, cassava, wheat, potato, and others.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes starch esters and ethers, resistant, cationic, pre-gelatinized, and others.
Function Insights:
The report has provided a detailed breakup and analysis of the market based on the function. This includes thickeners, stabilizers, binders, emulsifiers, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food and beverages, animal feed, paper, pharmaceuticals, textiles, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Raw Materials Covered | Corn, Cassava, Wheat, Potato, Others |
Types Covered | Starch Esters and Ethers, Resistant, Cationic, Pre-Gelatinized, Others |
Functions Covered | Thickeners, Stabilizers, Binders, Emulsifiers, Others |
Applications Covered | Food and Beverages, Animal Feed, Paper, Pharmaceuticals, Textiles, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request |