Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6.8 Billion | USD 10.5 Billion | 5.6% | 2021 |
FrequentlyAsked Questions
The global thinned starches market is projected to expand over 2022-2030 owing to favorable product features such as viscosity, stability, gel & film formation, and solubility will enhance the scope of the thinned starches market growth. Apparently, the product finds large-scale applications in pharmaceutical industry.
According to study, the global thinned starches market size was $6.8 billion in 2021 and is projected to reach $10.5 billion by the end of 2030 with a compound annual growth rate (CAGR) of roughly 5.6% between 2022 and 2030.
The global thinned starches market is anticipated to be dominated by the Asia-Pacific zone in the ensuing years subject to massive product demand in countries such as China and India. Apart from this, India is the largest manufacturer of sorghum across the globe and this will boost the regional market trends.
The global thinned starches market is led by players like Everest Starch India Pvt. Ltd., Tate & Lyle, MGP Ingredients, Roquette Freres, Archer Daniel Midlands Company, Agrana Starke GmbH, Grain Processing Corporation, SPAC Starch Products Ltd., Visco Starch Manufacturers, Angel Starch & Food Pvt. Ltd., and Cargill, Inc.
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