London, 02 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Starch Derivatives Market 2015-2019, which is expected to grow at a CAGR of 6.82 percent during the forecast period of 2014-2019.
Starch derivatives are environment-friendly ingredients and are used extensively in the Food and Beverage sector because of high sugar prices. Starch derivatives obtained from various sources, such as corn, potato, rice, wheat, and tapioca, are used in many processed foods.
“An increase in the use of starch derivatives in food and beverage products has led to the growing demand for starch derivatives in the market,” says Faisal Ghaus, Vice President of TechNavio.
“Industrial manufacturers are introducing new variants of starch derivatives that have various uses in bioethanol and other industrial applications.”
Key Market Drivers
- Increased Demand from Food and Beverage Sector
- Extensive Use in Sweetener Conversion
- Rise in Usage of Glucose Syrup
Key Market Trends
- Advances in Technology
- Intense R&D Activities
- Rise in Disposable Income of Consumers
Key Market Vendors
- Archer Daniels Midland Co. (ADM)
- Cargill Inc.
- Roquette Freres
- Tate & Lyle plc
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
