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Modified-Starch-Market
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The Modified Starch Market is projected to reach $17.98 billion by 2031, at a CAGR of 4.1% from 2024 to 2031. The growth of the modified starch market is driven by the growing demand for convenience & processed foods, the functional properties & widening food applications of modified starch, increasing investments in the starch market, the growing demand for bio-based products, technological advancements in starch modification equipment, and the rapid growth of the bakery industry. However, the limited sources & high costs of natural additives and the high preference for gum arabic restrain the growth of this market.

Furthermore, the increasing demand for starch-based bioplastics and emerging economies in Latin America, Asia-Pacific, and the Middle East & Africa are expected to offer market growth opportunities. However, stringent regulatory processes for the approval of modified starch products and increasing raw material costs are major challenges impacting the growth of the modified starch market.

Here are the top 10 companies operating in the Modified Starch Market

Cargill, Incorporated (U.S)

Cargill, IncorporatedFounded in 1865 and headquartered in Minnesota, the U.S., Cargill, Incorporated offers food, agriculture, industrial, and financial services worldwide. The company offers various products & services for agriculture, food & beverage, beauty, bio-industrial, animal nutrition, industrial, pharmaceutical, meat & poultry, risk management, supplements, and transportation industries. It offers a wide range of starches, such as native starches, modified starches, functional label-friendly starches, dried glucose syrups, and maltodextrin.

The company operates in more than 70 countries and has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of May 2023, the company had a headcount of 160,000 employees worldwide.

Ingredion Incorporated (U.S.)

Ingredion IncorporatedFounded in 1906 and headquartered in Illinois, the U.S., Ingredion Incorporated produces and sells different types of starch, sweeteners, nutritional ingredients, and biomaterial solutions for a wide range of industries. Ingredion provides ingredients used in food, beverage, brewing (food and beverage ingredients), and animal nutrition. The company operates through five business segments: Food, Beverages, Brewing, Animal Nutrition, and Others. The company’s product portfolio includes starch products, sweetener products, co-products, and others (specialty ingredients). The company offers various ingredients, such as encapsulants & emulsifiers, extracts, fiber, starches, flours, hydrocolloids, prebiotics, plant-based proteins, and sweeteners and solutions for almost 60 industry sectors across more than 40 countries.

Ingredion has 47 manufacturing facilities and a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2023, the company had a headcount of 11,600 employees worldwide.

Archer-Daniels-Midland Company (U.S.)

Archer-Daniels-Midland CompanyFounded in 1902 and headquartered in Illinois, the U.S., Archer-Daniels-Midland Company (ADM) is a global food processing and commodities trading company. The company’s operations are organized, managed, and classified into three reportable business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The company offers a wide range of ingredients and solutions, including plant-based proteins, natural flavors, flavor systems, natural colors, starches, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, acidulants, and other specialty food and feed ingredients. The company offers various starch products, including native starch, functional native starch, modified starch, resistant starch, and moulding starch.

Furthermore, the company’s product portfolio also includes alternative proteins, botanicals, microbiome solutions, texturants, vantage corn processors, edible & specialty oils, dispersants, biodiesel, industrial oils, fertilizers, ethanol, specialty health solutions, feed additives & ingredients, premixes, macro ingredients, complete feed, and aquaculture solutions.

The company’s global supply chain includes approximately 450 crop procurement locations, over 330 ingredient manufacturing facilities, and 62 innovation centers. With its subsidiaries and distribution network in more than 190 countries, the company has a strong geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2023, the company had a headcount of 41,802 employees worldwide.

Roquette Frères (France)

Roquette FrèresFounded in 1933 and headquartered in Lestrem, France, Roquette Frères produces plant-based ingredients and pharmaceutical excipients. The company operates through seven business segments: BioPharma, Pharma & Nutraceuticals, Cosmetics, Food & Nutrition, Animal Nutrition, Nutralys Plant Protein, and Other Industrial Markets. The company offers modified starch products to various industries such as food & beverage, pharmaceuticals, animal nutrition, cosmetics & personal care, and industrial markets.

With more than 30 manufacturing plants, the company operates in more than 100 countries. Roquette Frères has a strong geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2023, the company had a headcount of 10,000 employees globally.

Tate & Lyle Plc (U.K.)

Tate & Lyle PlcFounded in 1859 and headquartered in London, the U.K., Tate & Lyle PLC manufactures and distributes food and beverage ingredients. The company operates through three business segments: Food & Beverage Solutions, Sucralose, and Primary Products Europe. It provides sweeteners, starches, soluble fibers, plant-based ingredients, and other ingredients. The company also offers specialty food ingredients for beverages, dairy, soups, sauces, dressings, confectionery, cereals, bakery, and snacks.

The company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of March 2023, the company had a headcount of over 3,604 employees worldwide.

Meticulous Research in its latest publication on Modified Starch Market has predicted the growth of 4.1% during the forecast year 2023-2030.


AGRANA Beteiligungs-AG (Austria)

AGRANA Beteiligungs-AGFounded in 1988 and headquartered in Vienna, Austria, AGRANA Beteiligungs-AG is involved in the processing of agricultural commodities for a wide range of industrial products. The company operates through three business segments: Fruit, Starch, and Sugar, and has five starch production sites in Austria and Eastern Europe. It also offers starches from maize, wheat, tapioca, rice, and potato. The company offers modified starch products to various industries including food, pharmaceuticals, cosmetics, paper, and textile.

With its subsidiaries and a strong distribution network, AGRANA has a strong geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2023, the company has a headcount of 8,730 employees globally.

Royal Avebe (Netherlands)

Royal AvebeFounded in 1919 and headquartered in Veendam, the Netherlands, Royal Avebe develops and produces ingredients based on potato starch and protein. The company offers its ingredients to various industries such as food, paper, building, textiles, adhesives, and feed. The company’s product portfolio includes starch, modified starch, protein, and by-products.

The company has a strong geographic presence in North America, Europe, and Asia-Pacific. As of July 2023, the company had a headcount of 1,295 employees worldwide.

Emsland-Stärke GmbH (Germany)

Emsland-Stärke GmbHFounded in 1928 and headquartered in Emlichheim, Germany, Emsland-Stärke GmbH manufactures various ingredients based on plant-based raw materials such as potatoes and peas. The company operates through three business segments: Food, Technical Specialties, and Animal Nutrition. Its product portfolio includes flakes, starches, and starch derivatives used as thickening and binding agents not only in the food industry but also in the building materials, adhesive, and paper industries. It also manufactures dextrin, fibers, and proteins, whose numerous applications include animal feed production.

With its seven manufacturing plants, subsidiaries, and distribution network, the company has a strong geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2023, the company had a headcount of more than 1,375 employees worldwide.

Grain Processing Corporation (U.S.)

Grain Processing CorporationFounded in 1943 and headquartered in Iowa, the U.S., Grain Processing Corporation manufactures pure alcohol, maltodextrins, starches, and co-products. The company’s primary products include high-purity alcohols, corn starches, maltodextrins, and corn syrup solids. It offers products to various industries, such as food & beverage, nutraceuticals, pharmaceuticals, personal care, and industrial starch.

The company serves manufacturers in more than 70 countries worldwide and has a geographic presence across North America, Europe, Asia-Pacific, and Latin America.

Global Bio-chem Technology Group Company Limited (China)

Global Bio-chem Technology Group Company LimitedFounded in 1994 and headquartered in Kowloon, Hong Kong, Global Bio-chem Technology Group Company Limited manufactures and markets corn refined products, amino acids, corn sweeteners, and polyol chemicals. The company operates through four business segments: Upstream products, Amino acids, Corn sweeteners, and Polyol chemicals. The company provides modified starch products through the Upstream products business segment. The company’s product portfolio includes amino acids, corn sweeteners, modified starches, chemicals, and others.

The company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2023, the company had a headcount of over 2,154 employees worldwide.

Popular Mention: Asia Fructose Co., Ltd. (Thailand), Angel Starch and Foods Pvt. Ltd. (India), SMS Corporation Co., Ltd. (Thailand), Royal Ingredients Group B.V. (Netherlands), and SPAC Starch Products Ltd. (India) Private Limited (India).

Authoritative Research on the Modified Starch Market – Global Opportunity Analysis and Industry Forecast (2024-2031)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

  • Recent financial performance
  • Key products
  • Significant company strategies
  • Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

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