Food and Beverages Industry Report Starch Derivatives Market Size | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future The market is segmented by products, applications, and regions. Products are glucose syrup, maltodextrin, hydrolysates, cyclodextrin, modified starch, and others. Glucose syrup led the market in 2014. It was valued at 55.0% in terms of volumes in that year. It is likely to witness major gains over the forecast period. This growth could be ascribed to rising consumption of desserts, ice creams, processed meats, bakery products, and sauces. Increasing glucose consumption in non-food applications counting adhesives, plywood, paper, cosmetics, and pharmaceuticals could spur the segment demand further. In addition, it serves as a volume adding agent, flavor enhancer, texture agent and inhibitor of sugar crystallization in drinks. Maltodextrin is projected to observe considerable growth in terms of revenue. It is expanding at a CAGR of 6.6% over the forecast period. Its growing use in sectors such as food, cosmetics, pharmaceuticals, paper, textile, construction, and paints & coatings will attribute to the growth. Applications in the market consist of food & beverages, cosmetics, paper, pharmaceuticals, feed, and others. Food & beverages was the leading application segment in 2015. It contributed more than 60% of the total volumes in the aforementioned year. The segment is escalating at a lucrative rate on account of growing consumption for convenience and packaged food in assorted countries including China, India, Brazil, the U.S., Germany, and Saudi Arabia. Key companies involved in the worldwide starch derivatives market are Cargill Inc, ADM, Agrana Group Emsland Group, Roquette Frères, and Ingredion Incorporated. Key market operators in the global parking sensors industry are Texas Instruments, Inc., Audi, Freescale Semiconductor Ltd., Continental AG, Volkswagen, etc. The market includes both, manufacturers of parking sensors and OEMs. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/