Modified starch is mainly extracted from maize, potato, wheat, and cassava.
Rising food & beverage industry is increasing the demand of modified waxy
starch as these are used as a thickening agents, stabilizing agents or
emulsifying agents. Moreover, the modified starch is partially digestible in
nature and gluten free which provide the lesser fat than the regular starch.
Additionally, growing usage of modified starch in pharmaceutical, cosmetics
and paper industries is expected to drive the growth of the market.
On the basis of region, the global Modified Waxy Starch Market is segmented
into five major regions including North America, Europe, Asia Pacific, Latin
America and Middle East & Africa region. The market in APAC is anticipated
to witness a significant growth during the forecast period on the back of
rising population and growing demand of food & beverages. Moreover, rise
in demand for modified starches in several developing regions and increase
in industrialization is also expected to foster the growth of market. The
market in North America is also estimated to show a considerable growth
over the forecast period owing to the increasing number of pharmaceutical
industries.
Widespread Application
The rising demand for modified waxy starch and derivatives for various
processes in pharmaceutical, food and paper industries are expected to drive
the market rapidly over the forecast period. The numerous uses of modified
waxy starch in food industry has numerous applications including fat
replacement, texture improving, enriching nutritional value by maintaining
stability at high temperature. Additionally, modified waxy starch have their
application in paper industries for filter retention and paper coating; in
industrial application as paint ingredient and as an adhesive. In cosmetics,