Starch Derivatives Market Trends – Seeking Growth From Emerging Marke Starch Derivatives Market (1)
Starch Derivatives Market Trends - Seeking Growth From Emerging Markets, Study
Drivers, Restraints And Forecast to 2021
Starch derivatives are utilized as tablet binder in pharmaceutical sector, as stabilizers and
thickeners in the food and drink sector, as a fiber additive in animal feed, and as an emulsifier in
the cosmetic industry. Besides these, some more important applications of starch derivatives are
in adhesiveness, flocculation, film-forming, shear stability, pH stability improvement, process
tolerance enhancement, and acid stability. According to a recent report by Transparency Market
Research (TMR), the global starch derivative market is foreseen to project a steady CAGR of
5.90% within the forecast period from 2015 to 2021.
The starch derivatives market in 2014 was valued around worth of US$45.3 bn, which at the
end of forecast period is foreseen to reach around valuation of US$68.7 bn.
Increasing Investments by Organizations to Fuel Demand in Coming Years
Increase in population, surging demand regarding convenience food and drinks in developing
nations, and rise in per-capita salary are among the major aspects boosting the development of
global starch derivatives market. Furthermore, starch holds a significant place in the glue
production, textile finishing and weaving, bio-fuel, and fermentation sectors.
The market is expected to observe a striking inflow of capital, as starch makers are expanding
their attention on improving the nature of their items so as to have an edge over their
competitors. Also, starch derivatives are foreseen to enlist a consistent uptake in the forthcoming
years because of the continuous strides by the food and drinks sector. The utilization of these
derivatives in personal care segment, as a coating in drugs, and in the animal feed is likewise
anticipated to give potential scope for to the market development in the upcoming years.
Nevertheless, implementation of bio-fuels standards and rising costs of raw materials are among
the hindering factors restricting the demand in the global starch derivatives market.
Request for Report Sample @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8065
Asia Pacific to Lead Due to High Demands in India and China