Growing demand for sweeteners in various food items such as bakery & confectionary, carbonated & energy drinks is expected to propel growth over the next seven years. Stringent regulations encouraging the use of natural ingredients across various sectors including pharmaceutical, textile, fermentation and cosmetics is likely to propel industry growth.

However, fluctuating prices of raw materials coupled with high R&D cost is expected to be a major restraint affecting growth over the forecast period
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Glucose Syrup has been a leading dominant product type of the overall market since a few years and the trend is expected to follow even in the coming years. Increasing consumption of processed meats, ice creams, convenience food, instant desserts and bakery products are expected to augment demand for this product over the next seven years.

Rising product innovation and growing consumer awareness among the global market is the primary driving factor for the highest selling application end-user type- Food & Beverage.

Rising consumer demand for food and beverages, pharmaceutical and personal care products in Latin America and Middle East & Africa is expected to propel demand for the product over the next seven years.

Moreover, improving economic conditions in the region owing to rapid industrial growth is expected to be the prominent propellants. In addition, increasing urbanization and changing consumer lifestyle is expected to increase demand for packaged foods which in turn is anticipated to propel demand for starch derivative industry over the projected period.

Segmentation Insight of Starch Derivatives Market:
Compact market with 3 main broad types as decided by IndustryARC:
1. By Application: F&B, Cosmetics, Paper, Animal Feed, Bio-Ethanol, Pharmaceuticals and Other Industrial Applications.
2. By Type: Maltodextrins, Cyclodextrins, Glucose Syrup, Hydrolysates and Modified Starch.
3. By Geography: North America, Europe, APAC and ROW.

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Key Vendor Brief of Starch Derivatives Market:

IndustryARC has analyzed more than 40 top players of the Starch Derivatives Market with few being:
• Tate & Lyle PLC
• Archer Daniels Midland Company
• Cargill Inc.
• Rouquette Group
• Grain Processing Corporation
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