Modified starch market worth $10,337.8 million by 2018
According to a new report titled “Modified Starch Market by Raw Material (Corn, Tapioca, Potato, Wheat, and Others), by Application (Food, Feed, and Non-Food)—Global Trends & Forecasts to 2018,” published by MarketsandMarkets, the Modified Starch Market is expected to grow at a rate of 4.1% from 2013 to 2018.
The modified starch market is an emerging sector with various stakeholders, such as raw material suppliers, processers and product manufacturers. The report details various sub-segments of food, feed and nonfood, such as paper, cosmetics, medicines, etc. Food, in itself, is the driving sector for modified starch as increasing demand for convenience food forms a major driver for the market.