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In terms of collaborating with large-scale manufacturers and acting as contract manufacturers, small-scale mill owners play a significant role. The majority of the market's major players concentrate on R&D in terms of adopting new processing technologies to increase product qualities and expand overall capabilities.
In the food and beverage industry, modified starch products are commonly utilized as emulsifiers, stabilizers, and thickening agents in the manufacturing of bread goods, biscuits, noodles, and other convenience foods.
COVID-19 Impact Analysis
Top Impacting Factors
Consumer Preferences have changed, and have an Impact on Market Growth
Modified starch has become extremely popular in the Middle East and Africa due to starch's weak structural qualities. In addition, demand for modified starch has increased as a result of a growth in focus on upgrading food processing methods, as well as increased knowledge of the benefits of modified starch. Consumer tastes are predicted to have a significant impact on the MEA starch market's growth prospects. The MEA starch market is expected to be directly impacted by the growth in demand for clean label food items. The demand for starch and modified starch is expected to fall in the second half of the forecast period, as consumers in various countries throughout the MEA region are more inclined toward a healthy lifestyle.
Increased R&D to broaden Applications and Drive Demand for Starch
For decades, starch has been one of the most important food items and biomaterials used in a variety of applications all over the world. Starch is increasingly being employed in different industrial areas, including textile, paper, chemicals, agricultural, construction engineering, and healthcare, despite the fact that demand for starch is significantly higher in the food industry. Corn starch accounts for the majority of world starch production.Maize starch is a critical ingredient used in the creation of a variety of food products as a thickening, stabilizer, water retention agent, and colloidal gelling agent in different parts of the world. During the projected period, this factor is expected to boost the MEA starch market.
Market Trends
Key Benefits of the Report
Questions Answered in the Starches Market Research Report
Starches Market Report Highlights
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Key Market Players | Incorporated, Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Gulshan Polyols Ltd, Roquette Frères S. A, Beneo GmbH, Grain Processing Corporation, Cargill, Manildra Group, MGP Ingredients, Inc., Tate & Lyle PLC, Thai Flour Industry Limited, Ingredion Incorporated |
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