Modified Starch Market Hit USD 15.36 billion by 2025: Grand View Research, Inc.

1-February-2019: The global modified starch market size is expected to reach USD 15.36 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.7% over the forecast period. Higher adoption of convenience food coupled with huge demand from Asia Pacific is likely to augment the market. Growing consumer concern regarding health and nutrition along with preference for healthy diet is projected to be a major market driver. Surging demand for natural sweeteners in energy drinks and non-carbonated soft drinks will further fuel the growth over the forecast period.

Companies are spending heavily on R&D for manufacturing effective water soluble modified starches, resulting in dynamic market conditions. Significant rise in product innovation to enhance product portfolio, gain access to untapped markets, and to avail synergetic benefits has created growth avenues for the market players. Companies have increased their presence across the value chain by integrating and diversifying their product portfolio. Companies such as Cargill, Inc., Ingredion Incorporated, and Roquette Frères are integrated at different stages of the value chain.

Technological advancements in India, China, and Brazil to develop innovative products are expected to create new opportunities for the growth of the modified starch market. Increasing government support to promote natural ingredients will open new avenues over the next seven years. The global market is expected to grow significantly during the forecast period on account of consumption of the product in numerous applications including food and beverage, paper, pharmaceuticals, textile, and coatings, adhesives, and biodegradable polymers among others.

Rising application of modified starch in textile industry is expected to drive the global market in near future. It is also use as a thickening agent in the paper industry.Increasing use of modified starches, such as starch graft copolymers, starch esters, starch ethers, and cationic starches, in textile industry will result in improving the penetration of the textile industry. These starches are used in printing and finishing applications in textiles and as substitute to polyvinyl alcohol.

In depth research report on Modified Starch Market

https://www.grandviewresearch.com/industry-analysis/modified-starch-market

Further key findings from the report suggest:

·       In terms of revenue, food and beverage application held the dominant market share of 37.6% in 2016

·       Cationic starch is expected witness significant market growth on account of their increasing penetration in the paper and textile industries. It is expected to expand at a 4.6% CAGR from 2017 to 2025

·       Several companies including Archer Daniels Midland Company, Cargill Incorporated, Roquette Frères, Avebe, Roquette Group, and Ingredion Incorporated are investing heavily in R&D

·       Key players operating in the modified starch market are Cargill Foods, ADM, Ingredion, Tate & Lyle and Roquette. Strong presence of Cargill Foods in food and beverage and animal feed industries is expected help it maintain its substantial global market share in near future.

Grand View Research has segmented the global modified starch market on the basis of product, material, function, end-use, and region:

Modified Starch Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Starch Esters and Ethers

·       Resistant

·       Cationic

·       Pre-gelatinized

·       Others

Modified Starch Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Corn

·       Cassava

·       Wheat

·       Potato

·       Others

Modified Starch Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Stabilizers

·       Thickeners

·       Emulsifiers

·       Binders

·       Others

Modified Starch Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·       Food & Beverage

·       Animal Feed

·       Paper

·       Pharmaceuticals

·       Textiles

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry-analysis/modified-starch-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Food Processing Equipment Market Hit USD 85.59 billion by 2025: Grand View Research, Inc.

25-January-2018: The global food processing equipment market size is anticipated to reach at USD 85.59 billion by 2025, according to a new report published by Grand View Research, Inc. Driven by growing demand for processed and Ready-to-Eat (RTE) food products across the globe, the market is projected to expand at a CAGR of 6.2% over the forecast period. Strict government regulations regarding the hygiene and standardization of food products will further driver the demand for food processing equipment. Increasing demand for meat, poultry, and seafood is also predicted to support the market growth in the coming years.

Furthermore, growing trend of industrial automation coupled with easy availability of these units will spur the market development. The automatic mode of operation segment led the market in 2017 and is likely to expand further at a CAGR of 7.0% over the forecast period. This growth can be attributed to technological advancements in the processing market. Companies offer automated operational systems for the manufacturing of food processing equipment to have a competitive advantage in the market.

The processing equipment segment is expected to register a CAGR 6.5% in the forecast period reaching USD 45.67 billion by 2025. The pre-processing equipment type is also projected to account for a significant share of the global market.

 In depth research report on Food Processing Equipment Market

https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

Further key findings from the study suggest:

·       The processing equipment type segment is expected to witness the fastest growth over the forecast period

·       India was valued at USD 3.2 billion in 2017 owing to the large-scale demand for food processing equipment in the region

·       As of 2017, the country is among the prominent markets on account of large population base and rapid industrial development

·       The U.S. food processing equipment market is expected to register a CAGR of 4.9% owing to favorable growth opportunities in the region

·       U.K. is also anticipated to grow significantly over the coming years

·       Some of the companies in the global market include BAADER Group, GEA Group AG, Buhler AG, Alfa Laval AB, and Tetra Laval International S.A.

Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:

Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2014 - 2025)

·       Semi-automatic

·       Automatic

Food Processing Equipment Type Outlook (Revenue, USD Billion, 2014 - 2025)

·       Processing

·       Pre-processing

Food Processing Equipment Application Outlook (Revenue, USD Billion, 2014 - 2025)

·       Bakery & Confectionery

·       Meat, Poultry, & Seafood

·       Beverage

·       Dairy

·       Fruit, Nut, & Vegetable

·       Grains

·       Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Saffron: A Herbal Health Supplement

8-January-2019: According to a report by Grand View Research, Inc., global saffron market is anticipated to value USD 77.5 billion by 2024. Growing requirement for product in food applications as coloring and flavoring agent is anticipated to propel demand for saffron. It can be cultivated in arid and semi-arid climatic conditions and is likely to be labor intensive.

Rising product demand from pharmaceutical sector owing to its anti-inflammatory, antioxidant, anti-tumor, and anti-diabetic properties can influence market growth. Growing popularity as herbal health supplement is likely to surge demand for saffron over next few years. Increasing product use in manufacturing of skin care products attributed to its ability to treat acne, tan removal, and other skin related issues can stimulate market growth.    

Based on application, the market can be categorized into medical, cosmetics, food, and others. In 2015, food segment dominated the market and accounted for largest market share. It is expected to grow fast in terms of revenue at CAGR of 13% from 2016 to 2024 attributed to coloring and flavoring properties. Saffron can be used as alternative to chemical food ingredients in dairy and confectionary products including tea, ice cream, fruit cakes, muffins, cake powder, and baking powder. Expansion of food sector in various regions is likely to surge product demand over the forecast period.

On the contrary, medical segment accounted for 25% of global volume in 2015 and became second largest application segment. Presence of safral and crocin as major active ingredients of saffron can surge its demand in manufacturing of various antibiotics. This, in turn can fuel product demand during the forecast period.

Cosmetic segment accounted for market share equivalent to USD 58 million in 2015. Rising demand for saffron to produce different types of skin care products can fuel market growth. It is expected to be used in anti-blemish lotions, fairness creams, and cleansers. In addition, it can be used for acne and tan removal and to treat various other skin ailments. Growth of cosmetics sector in Asia Pacific is likely to boost demand for saffron from 2016 to 2025.

Other segments including paint and textile accounted for 8% of global market share in 2015. High demand for saffron from these sectors owing to its properties such as oriental fragrance, color dyeing, and replacement of chemical color pigment can fuel market growth over the forecast period.

Regional segmentation includes Europe, North America, Asia Pacific, South & Central America, and Middle East & Africa. In 2015, Spain and Italy accounted for 34% Europe market volume attributed to rising product demand from food sector. These countries is expected to be engaged in manufacturing of saffron. Increasing use of innovative packaging technology to deliver quality according to requirement of local food companies can boost market growth during the forecast period.

On the contrary, Asia Pacific accounted for market share equivalent to USD 198 million in 2015. Continual development of various application sectors such as medical, cosmetics, and food can augment market growth in the region. The region is expected to remain second largest market during the period from 2016 to 2025. Rising product manufacturing in India owing to easy availability of skilled workforce that can result in higher production capacity can fuel market growth. Moreover, significant product demand from food sector is predicted to boost growth of market over the forecast period.

In Middle East & Africa, the market is predicted to grow well during the forecast period attributed to expansion of perfume sector in the region. Increasing use of saffron in perfumes attributed to its oriental fragrance can fuel growth of market.  

Some of the leading companies offering saffron are Iran Saffron Company, Gohar Saffron, Rowhani Saffron Co., and Saffron Business Co., and Esfedan trading company. Intense competition in the market is expected to push producers to focus on affordable pricing structure, integrated supply chain, and product quality difference. Hence, companies are likely to invest in integration of supply chain to maintain their market share coupled with focus on significant growth.

In-Depth Research Report On Saffron Market:

https://www.grandviewresearch.com/industry-analysis/saffron-market