Acetylated Starch Market Size, Share, Growth Report 2032

Industry Prospective:

The global acetylated starch market size was worth around USD 900 million in 2021 and is predicted to grow to around USD 1150 million by 2030 with a compound annual growth rate (CAGR) of roughly 3.10% between 2022 and 2030. The report analyzes the global acetylated starch market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the acetylated starch market.

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Acetylated Starch Market: Overview

Acetylated starch is marked as number E1420 in the food additives E numbering scheme. The alphabet E stands for Europe and the numbering scheme is a part of codes used in the nomenclature of food additives. It is a form of modified starch also known as starch derivatives. They are prorated by chemically, enzymatically, or physically treating starch occurring in natural form to change the associated properties depending on the requirement from the derived product.

Modified starch is not directly absorbed by the gut, but undergoes hydrolysis due to the presence of intestinal enzymes which are then fermented by gut microbiota which are the microorganisms like archaea and bacteria living in the digestive tracts of insects and humans, or vertebrates. Modified starch is used in almost all segments where natural starch may have applications. For instance, in the food industry, they are used as emulsifiers, stabilizers, or as thickening agents.

In the pharmaceutical sector, they are widely used as disintegrants, helping the medicine dissolve in the digestive tract since disintegrants expand and dissolve when they come in contact with water. Natural occurring starch is modified to enhance its properties depending on the application. The modification may be related to the requirement for increased stability against acid, excessive heat, freezing, cooling, or to impact textural changes, along with modification in viscosity to name a few.

Key Insights

• As per the analysis shared by our research analyst, the global acetylated starch film market is estimated to grow annually at a CAGR of around 3.10% over the forecast period (2022-2030).
• In terms of revenue, the global acetylated starch film meat market size was valued at around USD 900 million in 2021 and is projected to reach USD 1150 million, by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
• Based on end-user segmentation, the food & beverages industry was predicted to show maximum market share in the year 2021
• Based on application segmentation, the thickening agent was the leading revenue-generating application in 2021.
• On the basis of region, North America was the leading revenue generator in 2021

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Covid-19 Impact

The global market cap witnessed a surge in demand for acetylated starch driven by the growth in the pharmaceutical sector during 2020 and 2021. Since modified starch is widely used in medicine preparation, their demand never really dropped, however the challenges during this time were related to supply chain management and overcoming logistical and transportation issues that were impacted due to lockdown and movement restriction of goods, animals, and humans.

Acetylated Starch Market: Growth Driver

Growing food sector to propel market growth

The global acetylated starch market is projected to grow owing to the increasing demand for processed as well as other types of food products. Out of the many factors that drive the food industry, the main reason is population explosion which is not just concentrated in certain parts of the world but across the globe. As per statistics from the United Nation, the world population may reach up to 8 billion by 15th November 2022, and India is projected to cross China in terms of the world’s most populated country.

Even though the growth rate has lowered in recent years, reaching less than 1% as of 2022, the number is still high. As the population grows, so will the demand for food products including processed or function depending on the necessary nutrition level. To cater to the limitless demand in the food sector, companies will have to undertake external help to meet the soaring expectations from providers thus necessitating the use of modified starch.

Acetylated Starch Market: Restraints

Partial digestion of acetylated starch to restrict the market growth

The global acetylated starch market size may face restrictions in growth trends since acetylated starch is not completely digested by the human gut, unlike normal starch. This tends to leave digestive issues among infants or people suffering from regular indigestion. The consumption of modified starch should be limited however it is difficult to measure the intake value if more processed food is consumed over functional food items whose nutrition value can be easily traced.

Acetylated Starch Market: Opportunities

Properties of binding agent to provide market expansion opportunities

Modified starch is extensively used as a binder for enamel papers also known as coated, slick, or gloss paper. They are created by coating normal paper with a polymer or a mixture of materials to impart the necessary quality to the paper like lightweight, smoothness, and glossy surface, amongst other traits. The global coated paper market is projected to generate a revenue of USD 30 billion by 2030 while growing at a CAGR of 4.42% as per recent surveys. It will lead to more demand for modified starch to help maintain the right balance between supply and request.

Acetylated Starch Market: Challenges

Rising pure food consumption trend to challenge market growth

There is a certain and growing section of the population that refrains from consumption of any food items which are added with substances that are not naturally occurring. The growing demand for pure and unfiltered food items may prohibit food & beverage manufacturers from using chemical-induced modified starch in food products thus restricting the global market growth. This may also be coupled with rising developments in genetically modified starch which may replace acetylated starch in the coming years.

Acetylated Starch Market: Segmentation

The global acetylated starch market is segmented based on application, end-user, and region

Based on application, the global market segments are binding agents, thickening agents, gelling agents, emulsifiers, and stabilizing agents. Applications as a thickening agent lead the segment. The food thickeners market may reach a value of 21 billion by 2027.

Based on end-user, the global market is divided into food & beverages, pharmaceutical, paper, and textile. F & B is segmented into bakery products, processed food, and functional food. The F & B industry leads the segment with current revenue of 33 billion in the Indian market alone.

Recent Developments:

• In April 2020, Ingredion Incorporated, a United States-based multinational provider of ingredients, announced its plans to enter the Chinese market by building an integrated facility for producing modified starch. The new units will double the current manufacturing capacity while also aiding the expansion of production capacity.
• In June 2019, Ingredion expanded its portfolio by adding three clean-label starches used for texturizing which aimed at helping manufacturers create food that is labeled ‘clean’ driven by the demand from the consumers.

Acetylated Starch Market Report Scope:

Acetylated Starch Market: Regional Analysis

USA to lead regional growth in North America

The global acetylated starch market is projected to be dominated by North America in the coming years owing to the highly prevalent processed food consumption trend along with growth in demand for functional food. The F & B sector of the USA is considered an extremely important part of the overall regional economic growth. It constitutes up to 5% of the country’s gross domestic product and around 9.5% of employment.

The segment is growing because of strategic undertaking by market players by tying up with other global giants to help score higher revenues. The market is open to every country that plans to invest in the US region. For instance, growth in the number of Indian restaurants in one of the most expensive cities in the region and the world, New York. There are close to 100 Indian cuisine places in the financial hub of the US.

Acetylated Starch Market: Competitive Analysis

The global acetylated starch market is dominated by players like Asia Fructose Co., Ltd., Asia Fructose Co., Ltd., Roquette group, Visco Starch, and Banpong Tapioca Flour Industrial Co Ltd

The global acetylated starch market is segmented as follows:

By Application

• Binding Agent
• Thickening Agent
• Gelling Agent
• Emulsifier
• Stabilizing Agent

By End-User

• Food & Beverages
  • Bakery products
  • Processed Food
  • Functional Food
• Pharmaceutical
• Paper
• Textile

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa