Abstract
Summary
According to MarketsandMarkets, the Starch Derivatives market is projected to reach USD 68.4 billion by 2028 from USD 57.9 billion by 2023, at a CAGR of 3.4% during the forecast period in terms of value. The Starch Derivatives market comprises both dry and liquid forms; the dry form holds a larger market share and is also projected to be the fastest-growing segment. On the other side, the liquid form is also projected to grow at a significant rate due to its ability to elevate the texture and consistency of liquid delights.
The demand for dry form starch derivatives is driven mainly due to factors such as cost-effectiveness, longer shelf lives, moisture absorption, and better texturizing properties. The major constraints and challenges in the market are the non-standardized international quality regulations for starch derivatives, limited raw material availability, and cultural restrictions on gelatin which, in turn, hinder the growth of the Starch Derivatives market.
"By application, feed is estimated to hold a significant market share during the forecast period."
The increasing global demand for meat and animal products, particularly in emerging markets, is boosting the demand for animal feed. Starch derivatives, such as corn-based glucose syrup and maltodextrin, are used in feed formulations to provide a concentrated energy source for livestock, improving growth and efficiency. The feed industry is experiencing a shift towards enhanced nutritional and functional attributes in animal feed to meet evolving consumer expectations and animal welfare standards. Starch derivatives are utilized for their binding, texturizing, and nutritional benefits in animal feed, further fueling their market share.
Moreover, the rising trend of aquaculture, which relies on feed additives, including starch derivatives, is contributing to this growth. This shift towards more sustainable and nutritious animal nutrition is driving the market share of starch derivatives in the feed industry during the forecast period.
"By form, the dry form is expected to dominate the market for Starch Derivatives."
Dry forms of starch derivatives are favored for their longer shelf life, cost-effectiveness, and ease of handling and storage. They require less storage space and are less prone to microbial spoilage, which enhances their suitability for long-term storage and transportation, reducing operational costs. Additionally, the reduced weight and volume of dry derivatives make them economical for shipping and handling. They find extensive use in a wide range of applications, from food and beverages to industrial processes, making them a practical choice for various industries. Their adaptability to diverse manufacturing processes, such as extrusion and spray drying, adds to their appeal.
Furthermore, the rise of convenience and processed food products has increased the demand for dry starch derivatives as stabilizers, thickeners, and texturizing agents, further reinforcing their dominance in the market. The dry form's widespread applications and economic advantages make it the preferred choice in the starch derivatives market.
“Europe will significantly contribute towards market growth during the forecast period.”
Europe places a strong emphasis on food and beverage quality, safety, and innovation. This drives the demand for starch derivatives in various applications such as thickeners, stabilizers, and texturizing agents, which are crucial for creating high-quality products. Europe has been proactive in embracing eco-friendly and sustainable solutions. Starch derivatives, including those derived from locally grown crops, align with these sustainability goals, further boosting their demand. The pharmaceutical and healthcare sectors in Europe are also major consumers of starch derivatives. Their use in drug formulations, oral liquid preparations, and other pharmaceutical applications contributes significantly to market growth. Europe's well-established and highly regulated food, pharmaceutical, and industrial sectors create a conducive environment for the growth of the starch derivatives market. This, coupled with a growing awareness of health-conscious consumer choices, positions Europe as a key region for market expansion during the forecast period.
Break-up of Primaries:
By Company Type: Tier1-40%, Tier 2-32%, Tier 3- 28%
By Designation: C-level-45%, D-level – 33%, and Others- 22%
By Region: North America - 15%, Europe - 20%, Asia Pacific – 40%, South America-12%,
RoW – 13%,
Others include sales managers, territory managers, and product managers.
Leading players profiled in this report:
• Cargill, Incorporated (US)
• ADM (US)
• Tate & Lyle PLC (UK)
• Roquette freres (France)
• AGRANA Beteiligungs-AG (Austria)
• Ingredion Incorporated (US)
• Green Processing Corp. (GPC) France
• Avebe (Netherlands)
• Emsland Group (Germany)
• Foodchem International Corporation (China)
• Sukhjit Starch & Chemicals Ltd. (India)
• Universal Starch Chem Allied Ltd (India)
• Primient (US)
• SPAC Starch Products (India) Private Limited (India)
• JP&SB International (Spain)
• Matsutani Chemical Industry Co., Ltd. (Japan)
• Crespel & Deiters Group (Germany)
• SMSCor. (Thailand)
• Manildra Group(Australia)
• KMC (Denmark)
• Sanstar Bio - Polymers Ltd. (India)
• B Food Science Co. Ltd (Tokyo)
• Specialty Enzymes & Probiotics (US)
• Varun Industries (India)
• Sinofi Ingredients (China)
The study includes an in-depth competitive analysis of these key players in the Starch Derivatives market with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the Starch Derivatives market on the basis of Type, Source, Form, Application, Functionality, and Region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global Starch Derivatives market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Starch Derivatives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Rise in demand for clean-label products and consumer health and wellness trends), restraints (limited raw material availability and price fluctuations), opportunity (Consumer shift towards gluten-free and allergen-free products), and challenges (Concerns over the quality of products due to adulteration of GM ingredients) influencing the growth of the Starch Derivatives market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Starch Derivatives market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Starch Derivatives market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Starch Derivatives market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Cargill, Incorporated (US), ADM (US), Tate & Lyle PLC (UK), AGRANA Beteiligungs-AG (Austria), and Ingredion Incorporated (US), among others in the Starch Derivatives market strategies. The report also helps stakeholders understand the Starch Derivatives market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 60
1.1 STUDY OBJECTIVES 60
1.2 MARKET DEFINITION 61
1.3 STUDY SCOPE 61
1.3.1 MARKET SEGMENTATION 61
1.3.2 INCLUSIONS AND EXCLUSIONS 62
1.3.3 REGIONS COVERED 63
1.3.4 YEARS CONSIDERED 63
1.4 UNITS CONSIDERED 64
1.4.1 CURRENCY (VALUE UNIT) 64
1.4.2 VOLUME UNIT 65
1.5 STAKEHOLDERS 65
1.6 SUMMARY OF CHANGES 66
1.6.1 RECESSION IMPACT ANALYSIS 66
2 RESEARCH METHODOLOGY 67
2.1 RESEARCH DATA 67
2.1.1 SECONDARY DATA 68
- 2.1.1.1 Key data from secondary sources 68
2.1.2 PRIMARY DATA 68
- 2.1.2.1 Key primary insights 69
- 2.1.2.2 Breakdown of primary interviews 70
2.2 MARKET SIZE ESTIMATION 71
2.2.1 BOTTOM-UP APPROACH 71
2.2.2 TOP-DOWN APPROACH 73
- 2.2.2.1 Market size estimation: Supply side 73
2.3 DATA TRIANGULATION 75
2.4 RESEARCH ASSUMPTIONS 76
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 76
2.6 RECESSION IMPACT ON STARCH DERIVATIVES MARKET 77
2.6.1 RECESSION MACRO INDICATORS 77
3 EXECUTIVE SUMMARY 81
4 PREMIUM INSIGHTS 86
4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN STARCH DERIVATIVES MARKET 86
4.2 ASIS PACIFIC: STARCH DERIVATIVES MARKET, BY SOURCE AND COUNTRY 87
4.3 STARCH DERIVATIVES MARKET, BY TYPE 87
4.4 STARCH DERIVATIVES MARKET, BY SOURCE 88
4.5 STARCH DERIVATIVES MARKET, BY FORM 88
4.6 STARCH DERIVATIVES MARKET, BY APPLICATION 89
5 MARKET OVERVIEW 90
5.1 INTRODUCTION 90
5.2 MACROECONOMIC INDICATORS 90
5.2.1 INCREASE IN RETAIL SALES 90
5.2.2 GROWTH OPPORTUNITIES IN DEVELOPING REGIONS SUCH AS ASIA PACIFIC AND SOUTH AMERICA 91
5.3 MARKET DYNAMICS 92
5.3.1 DRIVERS 93
- 5.3.1.1 Increase in consumer preference for convenience foods and ready-to-eat food products 93
- 5.3.1.2 Rise in demand for clean-label products and consumer health & wellness trends 93
- 5.3.1.3 Incorporation of starch derivatives in wide range of applications 94
5.3.2 RESTRAINTS 94
- 5.3.2.1 Limited raw material availability and price fluctuations 94
- 5.3.2.2 Rise in use of substitutes of starch derivatives such as gums, pectin, and cellulose derivatives 95
5.3.3 OPPORTUNITIES 95
- 5.3.3.1 Consumer shift toward gluten-free and allergen-free products 95
- 5.3.3.2 Rising focus on animal nutrition, health, and well-being 95
- 5.3.3.3 Sustainable and eco-friendly practices in textile and paper industry 96
5.3.4 CHALLENGES 96
- 5.3.4.1 Concerns over quality of products due to adulteration with genetically modified ingredients 96
- 5.3.4.2 High corn consumption by ethanol industry 96
6 INDUSTRY TRENDS 98
6.1 INTRODUCTION 98
6.2 VALUE CHAIN ANALYSIS 98
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 98
6.2.2 RAW MATERIAL SOURCING 99
6.2.3 PROCESSING AND MANUFACTURING 99
6.2.4 DISTRIBUTION 99
6.2.5 MARKETING & SALES 99
6.3 TECHNOLOGY ANALYSIS 100
6.3.1 STARCH-BASED ECO-FRIENDLY AND SUSTAINABLE PACKAGING 100
6.3.2 STARCH MOLECULAR MODIFICATION TECHNOLOGY 100
6.4 PRICING ANALYSIS: STARCH DERIVATIVES MARKET 100
6.4.1 AVERAGE SELLING PRICE TREND, BY SOURCE 100
6.5 ECOSYSTEM AND MARKET MAP OF STARCH DERIVATIVES 102
6.5.1 DEMAND SIDE 102
6.5.2 SUPPLY SIDE 102
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 104
6.7 STARCH DERIVATIVES MARKET: PATENT ANALYSIS 105
6.7.1 PATENTS PERTAINING TO STARCH DERIVATIVES, 2022-2023 106
6.8 TRADE ANALYSIS 107
6.8.1 STARCHES; INULIN 107
6.8.2 DEXTRINS AND OTHER MODIFIED STARCHES 108
6.9 KEY CONFERENCES AND EVENTS 108
6.10 TARIFF AND REGULATORY LANDSCAPE 109
6.10.1 NORTH AMERICA 109
- 6.10.1.1 US 109
- 6.10.1.2 Canada 110
6.10.2 EUROPEAN UNION 110
6.10.3 ASIA PACIFIC 111
- 6.10.3.1 China 111
- 6.10.3.2 JAPAN 112
- 6.10.3.3 India 112
6.10.4 SOUTH AMERICA 113
- 6.10.4.1 Brazil 113
- 6.10.4.2 Colombia 113
6.11 PORTER’S FIVE FORCES ANALYSIS 116
6.11.1 INTENSITY OF COMPETITIVE RIVALRY 116
6.11.2 BARGAINING POWER OF SUPPLIERS 116
6.11.3 BARGAINING POWER OF BUYERS 117
6.11.4 THREAT OF SUBSTITUTES 117
6.11.5 THREAT OF NEW ENTRANTS 117
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 117
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 117
6.12.2 BUYING CRITERIA 118
6.13 CASE STUDIES 119
6.13.1 CARGILL EXPANDED ITS SPECIALTY TAPIOCA STARCH OFFERINGS IN ASIA PACIFIC REGION BY PARTNERING WITH KEY PRODUCER STARPRO 119
6.13.2 ADM’S EXPANSION OF STARCH PRODUCTION MET RAPIDLY INCREASING DEMAND FROM FOOD & BEVERAGE INDUSTRIES 120
7 STARCH DERIVATIVES MARKET, BY TYPE 121
7.1 INTRODUCTION 122
7.2 GLUCOSE SYRUP 123
7.2.1 EXPANDING APPLICATIONS IN VARIOUS INDUSTRIES AND REGIONS TO CONTRIBUTE TO RISING DEMAND FOR GLUCOSE SYRUP 123
7.3 MODIFIED STARCH 125
7.3.1 MODIFIED STARCH CHARACTERIZED BY VARIOUS FUNCTIONAL BENEFITS 125
7.4 MALTODEXTRIN 126
7.4.1 MALTODEXTRIN TO BE USED WIDELY IN PHARMACEUTICAL INDUSTRY FOR BINDING TABLETS AND IN SPORTS SUPPLEMENTS 126
7.5 HYDROLYSATES 128
7.5.1 HYDROLYSATES TO PROVIDE TEXTURE AND MOISTURE RETENTION TO VARIOUS FOOD PRODUCTS 128
7.6 CYCLODEXTRIN 129
7.6.1 CYCLODEXTRINS TO FIND USE IN PHARMACEUTICAL INDUSTRY AS COMPLEXING AGENTS 129
8 STARCH DERIVATIVES MARKET, BY APPLICATION 131
8.1 INTRODUCTION 132
8.2 FOOD & BEVERAGES 134
8.2.1 BAKERY & CONFECTIONERY PRODUCTS 136
- 8.2.1.1 Starch derivatives to add taste & texture to confectionery products 136
8.2.2 PROCESSED FOODS 137
- 8.2.2.1 Starch derivatives to function as stabilizers and provide freeze-thaw ability to processed foods 137
8.2.3 BEVERAGES 137
- 8.2.3.1 Rising consumption of low-sugar-content beverages to drive demand for starch derivatives 137
8.2.4 OTHER FOOD APPLICATIONS 137
8.3 INDUSTRIAL 138
8.3.1 PAPERMAKING 139
- 8.3.1.1 Starch derivatives to provide internal strength to paper products 139
8.3.2 WEAVING & TEXTILES 140
- 8.3.2.1 Starch to shield against abrasion for delicate fibers during subsequent processing 140
8.3.3 MEDICINES & PHARMACEUTICALS 140
- 8.3.3.1 Cyclodextrin to find significant use in manufacturing tablets 140
8.3.4 COSMETICS 141
- 8.3.4.1 Starch to impart smoothness to various cosmetic products 141
8.3.5 OTHER INDUSTRIAL APPLICATIONS 141
8.4 FEED 142
9 STARCH DERIVATIVES MARKET, BY SOURCE 144
9.1 INTRODUCTION 145
9.2 CORN 147
9.2.1 CORN TO DOMINATE MANUFACTURING INDUSTRIES AS RAW MATERIAL 147
9.3 ARROWROOT 148
9.3.1 SUSTAINABILITY AND VERSATILE APPLICATIONS TO PROPEL ARROWROOT’S POPULARITY 148
9.4 RICE 149
9.4.1 ENVIRONMENTALLY FRIENDLY PRODUCTION METHODS TO BOOST APPEAL OF RICE-BASED STARCH DERIVATIVES 149
9.5 TAPIOCA 151
9.5.1 COST-EFFECTIVENESS OF TAPIOCA STARCH, ALONG WITH ITS MULTIFUNCTIONAL ATTRIBUTES, TO MAKE IT ECONOMICALLY ATTRACTIVE CHOICE FOR FOOD AND NON-FOOD INDUSTRIES 151
9.6 POTATO 152
9.6.1 POTATO STARCH TO FIND APPLICATION MAJORLY IN EUROPEAN MARKET 152
9.7 WHEAT 153
9.7.1 WHEAT STARCH GAINING POPULARITY OWING TO ITS THICKENING AND BLENDING PROPERTIES 153
9.8 OTHER SOURCES 154
10 STARCH DERIVATIVES MARKET, BY FORM 156
10.1 INTRODUCTION 157
10.2 DRY 158
10.2.1 DRY FORM TO BE MORE PREFERRABLE DUE TO ITS CONVENIENCE IN USE 158
10.3 LIQUID 159
10.3.1 LIQUID FORM UNDERGOES VARIOUS COMPLEX PROCESSES, MAKING IT LESS PREFERABLE 159
11 STARCH DERIVATIVES MARKET, BY FUNCTIONALITY 161
11.1 INTRODUCTION 161
11.2 THICKENERS 161
11.3 STABILIZERS 162
11.4 BINDERS 162
11.5 EMULSIFIERS 163
11.6 OTHER FUNCTIONALITIES 163
12 STARCH DERIVATIVES MARKET, BY REGION 164
12.1 INTRODUCTION 165
12.2 NORTH AMERICA 167
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 167
12.2.2 US 177
- 12.2.2.1 Corn: Major raw material used in manufacturing of starch derivatives 177
12.2.3 CANADA 181
- 12.2.3.1 Government agencies’ work toward incorporating starch derivatives in various industrial applications 181
12.2.4 MEXICO 186
- 12.2.4.1 Growth of paper and packaging industry demands starch derivatives 186
12.3 EUROPE 191
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 192
12.3.2 GERMANY 201
- 12.3.2.1 Increase in consumption of convenience food, mainly made from potato and wheat 201
12.3.3 FRANCE 206
- 12.3.3.1 Higher demand for sustainable, versatile starch derivatives in French market 206
12.3.4 UK 211
- 12.3.4.1 Growth of feed industry and export of confectionery products 211
12.3.5 ITALY 216
- 12.3.5.1 Traditionally rooted bakery industry; booming confectionery industry 216
12.3.6 SPAIN 220
- 12.3.6.1 Export potential of glue based on starches and modified starches 220
12.3.7 TURKEY 225
- 12.3.7.1 Rise in popularity of ready-to-cook meals and awareness of starch-based products 225
12.3.8 POLAND 229
- 12.3.8.1 Ability of Poland to meet customer expectations on quality of modified starches across sectors 229
12.3.9 NETHERLANDS 234
- 12.3.9.1 Investments by major players in starch-based solutions with innovation in high-quality modified starches 234
12.3.10 REST OF EUROPE 239
12.4 ASIA PACIFIC 244
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 245
12.4.2 CHINA 255
- 12.4.2.1 Significant recent developments and expanding industrial base to help China dominate 255
12.4.3 INDIA 260
- 12.4.3.1 Diverse food applications and cost-effectiveness in India 260
12.4.4 JAPAN 265
- 12.4.4.1 Growth of processed food industry in Japan 265
12.4.5 SOUTH KOREA 270
- 12.4.5.1 Continual adapting to advancements in starch modification technologies and focus on sustainable solutions 270
12.4.6 AUSTRALIA & NEW ZEALAND 274
- 12.4.6.1 Growth in demand for packaged food with stable viscosity 274
12.4.7 INDONESIA 279
- 12.4.7.1 Starch derivatives are used in non-food sectors such as textiles 279
12.4.8 MALAYSIA 284
- 12.4.8.1 Rise in food processing and industrial sectors 284
12.4.9 PHILIPPINES 288
- 12.4.9.1 Local production of starch derivatives to ensure stable supply chain 288
12.4.10 THAILAND 293
- 12.4.10.1 Starch derivatives favored for their functional properties in diverse applications 293
12.4.11 VIETNAM 298
- 12.4.11.1 Export opportunities to contribute to growing demand for starch derivatives 298
12.4.12 REST OF ASIA PACIFIC 303
12.5 SOUTH AMERICA 309
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 309
12.5.2 BRAZIL 319
- 12.5.2.1 High consumption of textured meat products and cassava 319
12.5.3 ARGENTINA 323
- 12.5.3.1 Sizeable beef industry to drive demand for food- and food-grade derivatives 323
12.5.4 COLOMBIA 327
- 12.5.4.1 Burgeoning economy and widespread adoption of starch derivatives in numerous industrial applications 327
12.5.5 CHILE 332
- 12.5.5.1 Higher starch utilization, particularly in processed food & beverage industry 332
12.5.6 PERU 336
- 12.5.6.1 Increasing incorporation of modified starch in industries such as paper manufacturing and pharmaceuticals 336
12.5.7 REST OF SOUTH AMERICA 341
12.6 REST OF THE WORLD (ROW) 345
12.6.1 ROW: RECESSION IMPACT ANALYSIS 346
12.6.2 AFRICA 354
- 12.6.2.1 Increase in demand for food processing ingredients 354
- 12.6.2.2 South Africa 359
- 12.6.2.2.1 Notable innovation in paper and textile industries 359
- 12.6.2.3 Morocco 360
- 12.6.2.3.1 Trade barriers removed by free trade agreement, with import of agricultural products 360
- 12.6.2.4 Algeria 360
- 12.6.2.4.1 Rise in industrialization and consumer preferences for enhanced product quality 360
- 12.6.2.5 Kenya 361
- 12.6.2.5.1 Multifunctionality of starch derivatives to augment adoption across sectors 361
- 12.6.2.6 Rest of Africa 361
12.6.3 MIDDLE EAST 361
- 12.6.3.1 Consumers to witness increased demand for clean-label food products 361
- 12.6.3.2 Saudi Arabia 366
- 12.6.3.2.1 Rise in consumer awareness of natural ingredients and versatile applications 366
- 12.6.3.3 Rest of Middle East 366
13 COMPETITIVE LANDSCAPE 368
13.1 OVERVIEW 368
13.2 MARKET SHARE ANALYSIS, 2022 368
13.3 KEY PLAYER STRATEGIES/RIGHT TO WIN 369
13.4 SEGMENTAL REVENUE ANALYSIS 371
13.5 KEY PLAYERS’ ANNUAL REVENUE VS. GROWTH 372
13.6 KEY PLAYERS’ EBITDA 373
13.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 373
13.8 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2022 374
13.8.1 STARS 374
13.8.2 EMERGING LEADERS 374
13.8.3 PERVASIVE PLAYERS 374
13.8.4 PARTICIPANTS 374
13.8.5 COMPANY FOOTPRINT 376
13.9 START-UP/SME EVALUATION MATRIX, 2022 383
13.9.1 PROGRESSIVE COMPANIES 383
13.9.2 RESPONSIVE COMPANIES 383
13.9.3 DYNAMIC COMPANIES 383
13.9.4 STARTING BLOCKS 383
13.9.5 COMPETITIVE BENCHMARKING 385
13.10 COMPETITIVE SCENARIO AND TRENDS 388
13.10.1 PRODUCT LAUNCHES 388
13.10.2 DEALS 389
13.10.3 OTHERS 392
14 COMPANY PROFILES 397
14.1 KEY PLAYERS 397
14.1.1 CARGILL, INCORPORATED 397
14.1.2 ADM 405
14.1.3 TATE & LYLE 410
14.1.4 ROQUETTE FRÈRES 417
14.1.5 AGRANA BETEILIGUNGS-AG 420
14.1.6 INGREDION INCORPORATED 424
14.1.7 GRAIN PROCESSING CORPORATION (GPC) 429
14.1.8 AVEBE 431
14.1.9 EMSLAND GROUP 436
14.1.10 FOODCHEM INTERNATIONAL CORPORATION 438
14.1.11 THE SUKHJIT STARCH & CHEMICALS LTD 441
14.1.12 UNIVERSAL STARCH CHEM ALLIED LTD 444
14.1.13 PRIMIENT 448
14.1.14 SPAC STARCH PRODUCTS (INDIA) PRIVATE LIMITED 452
14.1.15 JP&SB INTERNATIONAL 456
14.1.16 MATSUTANI CHEMICAL INDUSTRY CO., LTD 458
14.1.17 CRESPEL & DEITERS GROUP 460
14.1.18 SMS CORPORATION 463
14.1.19 MANILDRA GROUP 465
14.1.20 KMC 467
14.2 OTHER PLAYERS 469
14.2.1 SANSTAR BIO - POLYMERS LTD 469
14.2.2 B FOOD SCIENCE CO., LTD 470
14.2.3 SPECIALTY ENZYMES & PROBIOTICS 471
14.2.4 VARUN INDUSTRIES 472
14.2.5 SINOFI INGREDIENTS 472
15 ADJACENT AND RELATED MARKETS 473
15.1 INTRODUCTION 473
15.2 RESEARCH LIMITATIONS 473
15.3 MODIFIED STARCH MARKET 473
15.3.1 MARKET DEFINITION 473
15.3.2 MARKET OVERVIEW 474
15.4 POTATO STARCH MARKET 474
15.4.1 MARKET DEFINITION 474
15.4.2 MARKET OVERVIEW 475
16 APPENDIX 476
16.1 DISCUSSION GUIDE 476
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 482
16.3 CUSTOMIZATION OPTIONS 484
16.4 RELATED REPORTS 485
16.5 AUTHOR DETAILS 486