Starch Derivatives Market is projected to grow at a significant CAGR during the forecast period. The key factors that drive the market growth include a wide range of applications in which starch is used such as food & beverage, feed, paper industry, pharmaceutical industry, cosmetics, plastic, and others. Rising extensive use of natural ingredients across these industries is encouraging the use of starch derivatives and thereby enhancing the market growth during the forecast period.
Further, the extensive use of starch derivatives in making biodegradable plastics for vehicle manufacturing is also spurring market growth. It is a cost-effective alternative to plastic as it is a lightweight component, which increases the overall efficiency of the vehicle. The conventional plastic is non-degradable and increases the production of carbon dioxide. As a result, the use of bio-plastic or biodegradable plastic is increasing since these are renewable resources and significantly reduces emissions. Furthermore, as bioplastic is easily degradable and creates no or less pollution, the adoption of bioplastics is projected to increase in the near future due to continuous government support for green initiatives. Thus, this is further propelling the market growth during the forecast period.
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Starch Derivatives Market Segmentation
By Source
- Corn
- Wheat
- Cassava
- Potato
- Other
By Type
- Maltodextrin
- Cyclodextrin
- Glucose Syrup
- Hydrolysates
- Others
By Application
- Food & Beverage
- Paper Industry
- Pharmaceutical Industry
- Cosmetics
- Others
A full Report of Starch Derivatives Market is Available @ https://www.omrglobal.com/industry-reports/starch-derivatives-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Agrana Group
- Archer Daniels Midland Co.
- Avebe UA
- BENEO GmbH
- Cargill Inc.
- Emsland Group
- Global Bio-chem Technology Group Co. Ltd.
- Grain Processing Corp.
- Ingredion Inc.
- Lasenor Emul S.L.
- Roquette Frères
- SPAC Group
- Stern-Wywiol Gruppe GmbH & Co. KG
- Tate & Lyle Plc
- Tereos S.A
- Tongaat Hulett Ltd.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Article source: https://article-realm.com/article/Food-Beverage/61418-Starch-Derivatives-Market-to-Signify-Strong-Growth-by-2024-2031.html
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