Market Trends of United States Starch Derivatives Industry
This section covers the major market trends shaping the US Starch Derivatives Market according to our research experts:
Rising Demand for Functional Ingredients
The demand is driven by the performance quality and functionality of the products. Increasing demand for starch derivatives in the pharmaceutical industry is one of the factors supporting market development significantly. Moreover, increasing demand for functional ingredients, developments in chemical modification techniques for starch, favorable functionalities of starch in various end-use industries, and the lack of a potent substitute are the major market drivers and opportunities, which in turn boosting the starch derivatives market in the country.
Glucose Syrups holds a Prominent Share in the market studied
The glucose syrups segment is expected to witness significant gains over the forecast period owing to the rising consumption of ice creams, desserts, bakery products, processed meats, and sauces in the country. Increasing glucose consumption in non-food applications including cosmetics, pharmaceuticals, adhesives, textiles, paper, and plywood is expected to propel demand. In addition, it serves as a flavor enhancer, volume adding agent, texture agent, and inhibitor of sugar crystallization in drinks.