The Middle East and Africa Modified Starch Market size was assessed to be USD xx billion in 2021, and it is projected to reach a value of USD xx billion by 2026 at a considerable CAGR during the estimated time.
Modified starch is formed by morphological or physicochemical changes in the structure of natural starch through heat, acid, alkaline or enzymatic treatment. Modified starch is a processed substance or additive obtained from other botanical gardens such as corn, wheat, cassava, potatoes, etc. Improved water holding capacity, heat resistance, bonding properties and thickening properties are supporting this business growth. Modified starch is used less than regular starch because it is widely used in the food and beverage industry as a thickener, stabilizer, or emulsifier due to its partial digestibility and gluten-free quality. The paper industry is another important application of modified starch due to its bonding properties to produce high quality reinforced paper with the proper size, coating and calendaring. It also uses modified starch in the pharmaceutical, animal feed, textile, cosmetic and other industries.
The market is mainly driven by factors such as increased consumption of processed foods and convenience foods. The Middle East and Africa is expected to be the fastest-growing regional market in the future.
The Middle East and Africa Modified Starch Market is driven by increased consumption of prepared foods and the ease of improvement of functional properties. In addition, growth has accelerated with the increased use of modified starch in the pharmaceutical, cosmetic, and paper industries. The food and beverage industry uses modified starch as a fat replacement, texture enhancer, and nutritional enhancer. The demand for packaged foods has recently leaned. Due to its many advantages, modified starch is used in various industries, such as food, textiles, paper, cosmetics, and personal care. The Middle East and Africa Modified Starch Market has multifunctional additives that are used in the sectors like cosmetics and personal care. In recent years, the trend for natural cosmetics is increasing, and manufacturers are developing new cosmetics using natural ingredients like modified starch. The modified starch is obtained by chemically, enzymatically and physically altering the original starch. Modified starch is widely used in the food industry, and the broad portfolio of applications of this type of starch is behind the growth of the Middle East and Africa Modified Starch Market. As the demand for thickeners in the food industry increases, crystal starch is gaining attention.
In addition, the presence of emulsifiers is an important requirement in many chemical processes within the food industry. These factors played an important role in ensuring regular imports into the world fertilized starch market. Also, the need for stabilizers in food processing has recently benefited from the Middle East and Africa Modified Starch Market. The regional market is expected to experience a large influx of imports in the coming years. In addition, this streak will resist the growth of several other subsidiary markets related to the food industry. With the emergence of new forms of food processing in the food industry, demand on the world market for modified starch is increasing. The use of modified starch in the manufacture of animal feed is the driving force behind the most prominent demand in the Middle East and Africa Modified Starch Market. In terms of quantity, the production of animal feed increases as pet adoption increases. Furthermore, the field of veterinary treatment has also gained importance in recent years. The cumulative value of the Middle East and Africa Modified Starch Market is expected to increase with the development of the food processing sector. Growing functional food products, requiring clean labels, and achieving cost savings in the production process are key factors driving the application of modified starch in the food industry. The confectionery industry has a significant share, and functional food applications are growing at a faster rate in the food and beverage industry.
One of the main limitations in the growth of the Middle East and Africa Modified Starch Market is the increase in raw materials and the strict regulatory costs. The availability of alternatives and volatility in commodity prices are expected to hinder Middle East and Africa Modified Starch Market growth. However, modified starch ingredients face competition with special ingredients used in limited applications. Cassava production depends on weather conditions. Unfavorable weather conditions hamper overall production and ultimately affect the cassava supply chain. Cassava prices fluctuate with total production. Prices are affected by a decrease in demand.
The current health crisis surrounding COVID-19 has affected all walks of life. The level of impact on processed agricultural products depends largely on the seasonality of the crop. Modified starch is made from crops like corn, wheat, potato, tapioca, rice, etc. This crop takes 3-4 months to complete its life cycle. This crop is grown in different seasons of the year in countries around the world.
The markets in the Middle East and Africa for modified starch are increasing as the food industry in MEA and Saudi Arabia. As the global workforce grows in the UAE and other major regions of the Middle East, the UAE is expected to lead the market as sales of modified starch increase during the outlook period. Due to the developed retail environment in the Middle East, sales of modified starch are expected to be the highest in the coming years. The growth of the modified starch market in the Middle East and Africa is increasing the number of immigrants who have settled in the UAE, Saudi Arabia, Tanzania and other work purposes. The government is taking appropriate measures to control and maintain the optimal production of agricultural land. Deformed starch manufacturers face shortages of raw materials due to reduced production of raw crops, disruption of the supply chain, and limited international trade affecting the supply of raw materials.
Key Players in the Market:
Major Key Players in the MEA Modified Starch Market are
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