In 2022, the modified starch market was estimated to be worth USD 12154.8 million.
The market for modified starch is anticipated to increase at a CAGR of 5.80% from 2023 to 2030, reaching USD 19082.40 million in 2030.
The most widely used product type is the anionic starch.
The top players include Emsland-Stärke GmbH, Grain Processing Corporation, Global Bio-Chem Technology Group Company Limited, Ingredion Incorporated, Roquette Frères, ADM, Agrana Beteiligungs AG, Avebe U.A., Cargill, Incorporated, Samyang Genex Corp., Beneo-Remy N.V., Siam Modified Starch Co., Ltd., China Essence Group Ltd., PT Budi Starch & Sweetener Tbk, Tate & Lyle PLC, ULRICK&SHORT, KMC (Kartoffelmelcentralen) Amb, and others.
Expanding demand from developing nations, improving convenience food, increasing biodegradable packaging, and promoting health and well-being are the factors influencing the expansion of the modified starch market.