Starch Derivatives Market Trends – Seeking Growth From Emerging Marke Starch Derivatives Market (1) | Page 2

On the basis of regions, the global market for starch derivatives is categorized as Europe, North
America, Asia Pacific, and Rest of the World. With around more than30% share in Asia Pacific
in 2014, the region emerged as a major shopper of starch derivatives. TMR anticipates that the
region is estimated to stay at the front line all through the forecast period, on account of the
surging demand with respect to these derivatives in India and China. This is pushed by the
increasing inclination for consuming convenience food and drinks in these countries.
The Asia Pacific starch derivative market in 2014 was valued around worth US$14 bn, which is
an expanding CAGR of 5.50% within the forecast period to reach around US$21 bn by
2021-end.
http://www.prnewswire.com/news-releases/tmr-projects-strong-growth-for-gummy-vitamins-mar
ket-rising-elderly-population-promises-a-robust-6-0-cagr-during-2019-2029--301017047.html
Roquette Frères,ADM,Cargill Inc., Ingredion Incorporated,Emsland Group,Agrana Group, Tate
and Lyle PLC,Avebe U.A., Global Bio-chem Technology Group Company Limited, and Grain
Processing Corporationare the key players leading the global starch derivatives market. The
market scenario is highly concentrated with several organizations embarking on steady research
activities and product development.
In 2013, Cargill and Arasco collaborated in the Kingdom of Saudi Arabia (KSA) to form ‘Center
East for Food Solutions Co’ (MEFSCO) so as to extend the production of sweeteners and
starches. Cargill, in March 2014, introduced another corn sweetener and starch plant of 500,000
ton in Castro, Brazil.
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