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Starch Derivatives Market Share, Size, Growth, Trend, Outlook,
Research and Forecasts to 2024 | Hexa Research
“global starch derivatives market is likely to attain value
above USD 75 billion by 2024”
30 November 2018
The global starch derivatives market is likely to attain value above USD 75 billion by 2024. Increasing demand
for sweeteners in several food items for example carbonated & energy drinks and bakery & confectionary will
propel growth in the next seven years (2016-2024). Rising pharmaceutical industry in nations such as India,
the U.S, Saudi Arabia, Brazil, and China is anticipated to boost for starch derivatives.
Strict regulations encouraging the use of natural ingredients across various sectors (pharmaceutical, textile,
fermentation and cosmetics) will potentially drive the market. Elevated research and development (R&D) cost
along with variable prices of raw materials could challenge the major growth during the review period.
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.
Browse Details of Report @ https://www.hexaresearch.com/research-report/starch-derivatives-market
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