Analysis of Modified Wheat Starch Market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
According to latest research by FACT.MR, modified wheat starch market is set to witness steady growth with a 5.7% CAGR during 2021-2031. With an increase in the working-class population, demand for modified wheat starch in the manufacture of bakery products. The market development is largely due to the rising desire for convenience meals such as RTC and RTE food items.
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Modified wheat starch has superior properties of thickening, gelling and stabilizing. Modified wheat starch serves to impart the proper texture and viscosity in food, along with enabling moisture retention, gel formation and binding. In the food business, it is mostly used as a thickening agent.
It is witnessing substantial development as a result of its increased use in a wide range of foods, as well as the cost-effectiveness and enhanced functions it provides over native starch. Modified starch is in high demand due to the rising demand for processed and convenience foods among consumers.
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U.S. holds a significant share in the modified wheat starch market. It is used as a clouding, stabilizing thickening and glazing agent. Furthermore, it can also be used for binding and moisture retention.
Modified wheat starch is used in snacks, sauces, meat alcoholic beverages, ready meals, bakery products, dairy products (such as cheese), sugar confectioneries, soups, pasta, and seafood (such as surimi). With all these benefits U.S. and Canada are creating a huge opportunity for the modified wheat starch market.
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Europe is anticipated to gain high traction in the Modified Wheat Starch market. It is primarily utilized in gluten-free food products, which are mostly consumed by gluten-intolerant people, and it can also be used as a fat substitute in a range of foods.
The growing demand for modified wheat starch as a better gelling agent in a variety of meat products, several companies are offering healthier different products. As a result, throughout the projected period, the modified wheat starch market is predicted to develop significantly in European regions.
Some key manufacturers operating the business in the modified wheat starch market globally includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Note: Although care has been taken to maintain the highest levels of accuracy in FACT.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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From 2021 to 2031, the Modified Wheat Starch industry is poised to flourish at a 5.7% CAGR
The United States controls a sizable portion of the modified wheat starch industry.
Tereos Syral Starch Products, Global Bio-Chem Technology Group, Siam Modified Starch Co., Ltd., Universal Starch-Chem Allied Ltd. and Penford Corp. Industrial Starch
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