Global Acetylated Starch Market to Grow to Around USD 1150 Million by 2030

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.

Acetylated starch is modified starch created by externally influencing naturally occurring starch to enhance its properties so that it can be used for more applications. There are various ways to create modified starch but the most common method involves the use of acid, and the starch thus produced is numbered INS 1401, INS being the International Numbering System for Food Derivatives. It is also known as boiling starch, prepared by adding inorganic acids like hydrochloric acid to starch granules of starch.

The addition of acid breaks down the starch molecules resulting in reduced viscosity. Some other popular treatments apart from acetylated starch include starch bleached with hydrogen peroxide (INS 1403), and alkaline-modified starch using potassium hydroxide or sodium hydroxide. There is a key difference between acetylated starch or any other form of modified starch and genetically modified starch since the latter is produced from genetically engineered plants and has applications in the manufacturing of biodegradable polymers as well in the paper industry in the form of non-cellulosic feedstock along with uses in the food sector.

Covid-19 impacted the global market size but was majorly owing to the supply chain disruption failing to meet the output expectations or to fill orders that were taken before the lockdowns, However, the demand for the product remained high since it used in two of the only few sectors that were not drastically impacted during the pandemic, namely pharmaceutical and food & beverages industry.

The global acetylated starch market is projected to grow driven by the demand for the product in the pharmaceutical industry where it is used in medicine production processes as disintegrants. The growing number of medical cases across the globe as well coupled with the rising innovations in research, and development in the medicinal and healthcare sectors is expected to propel the growth in the pharmaceutical industry. As per India Brand Equity Foundation, the Indian pharmaceutical market grew by 17% in August 2021.

The global market cap may also benefit from the rising innovation related to the application of acetylated starch in the food industry since it helps improves the texture of the food product along with providing excellent stability, making it one of the most preferred stabilizers or thickeners for food items. The rate of adoption may surge due to the rising number of health-conscious people who are preferring functional products for consumption which ultimately drives the need and request for an increase in the production of acetylated starch to help food providers meet the growing demand.

The problems associated with the partial digestion of acetylated starch may restrict the global market growth while properties of binding agents are projected to provide expansion opportunities. The rising pure food consumption trend is anticipated to challenge global market growth

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

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.

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

North America is projected to lead the global acetylated starch market during the projection period because of changing consumer preference toward functional food items, which is one of the largest consumers of modified starch. The regional growth may also be driven by the growing advancements in the pharmaceutical industry of the United States, which is witnessing an influx of increased investments for research & development activities not only from the government but also from private companies.

Currently, the largest contributor in the global pharmaceutical market is the US with a stake of over 45%. This could be attributed to the pent-up demand for better and more effective essential and nonessential medical treatment. Growth in Asia-Pacific is projected to be driven by the F & B sector which is propelled by densely populated countries like China, India, Japan, Korea, and others.

The regions here are some of the highest producers of food items that are popular globally. For instance, in 2020, Japan generated over USD 218 billion in the F & B sector. Europe's market expansion may be driven by the growing baked-goods market. As per official estimates, there are more than 50,000 bakery units in the EU region and the current market value is around USD 226 billion

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

Recent Developments:

• In March 2021, Ingredion announced the launch of new modified starch made of potatoes. The acetylated starch is termed ULTRA-TEX 1311 and is aimed at the dairy-desserts market and is an addition to its already existing range of solutions based on the potato for the Canadian and US market. It can be used to improve stability and create textures, along with other attributes.
• In May 2019, Ingredion launched a new clean-based label starch which is corn-based and is claimed to provide reduced indulgent and fat textures. The product is termed NOVATION Indulge 2920.

This review is based on a report by Zion Market Research, titled “Acetylated Starch Market By Application (Binding Agent, Thickening Agent, Gelling Agent, Emulsifier, and Stabilizing Agent), By End-User (Food & Beverages (Bakery Products, Processed Food, and Functional Food), Pharmaceutical, Paper, and Textile), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/acetylated-starch-market

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

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