Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.5 Billion | USD 17.5 Billion | 11.2% | 2022 |
FrequentlyAsked Questions
Modified wheat starch is a wheat starch that is modified for particular uses. Furthermore, corn, wheat, and any other cereal starch can be modified in a slew of ways, namely, chemically, enzymatically, and physically. Moreover, the key objectives of wheat starch modification are a rise in the versatility of starch to be utilized in a plethora of applications, reducing detrimental features of starch, and imparting improved features in comparison to other native precursors.
The global modified wheat starch market is projected to expand over 2023-2030 due to beneficial product features such as gelling, thickening, and stabilization.
According to study, the global modified wheat starch market size was $12.5 billion in 2022 and is projected to reach $17.5 billion by the end of 2030.
The global modified wheat starch market is anticipated to record a CAGR of nearly 11.2% from 2023 to 2030.
The European modified wheat starch industry is set to register the fastest CAGR over the forecasting period subject to the massive demand for a gluten-free diet in European countries. Apart from this, massive product penetration in the continent due to its gelling feature has made it more popular product in the countries of Europe.
The global modified wheat starch market is led by industry players such Manildra Group USA, Tereos Group, Avebe U.A., Cargill, Incorporated, Grain Processing Corporation, KRONER-STARKE, SMS Corporation Co. Ltd, AGRANA, Emsland-Stärke GmbH, Grain Processing Corporation, ADM, Roquette, Universal Starch Chem Allied, Global Bio-Chem Technology Group Company Limited, Sudzucker AG, PT Budi Starch & Sweetener TBK, Archer Daniels Midland Company, Spac Starch Products (India) Ltd., Beneo Remy N.V., Qingdao Cbh Co., Ltd., and Agrana Beteiligungs-AG.
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