Strong natural sweeteners demand in food processing industry is slated to positively impact the global starch derivatives market over the forecast period. Rising energy and non-carbonated drinks consumption which contain ample natural sweeteners is presumed to compliment the global market growth. Cost-effectiveness and non-recrystallization characteristics lure customers towards such beverage consumption. Other than food processing applications, starch derivatives have been increasingly accepted in other end-use industries such as glue manufacturing, paper production, pharmaceuticals, cosmetics, textile weaving and bio-fuels. Such widespread applications are expected to further aid the global starch derivatives market growth over the next seven years. Shifting trends towards natural ingredients usage in the end-use industries are presumed to bolster the global market. Starch derivatives possess characteristics such as acidic stability, flocculation, pH stability, film-forming properties, process tolerance and sheer stability, which make it critically valuable for the food processing industry. Such intrinsic properties are touted to strengthen starch derivatives market demand.
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Modified starch, cyclodextrin, glucose syrup, hydrolysates and maltodextrin are the major starch derivative product types. Maltodextrin dominated the global market in 2013 and is expected to witness rapid growth in the near future owing to strong demand from food & beverage industry. Among its major applications, food & beverage dominated the global market in the recent years. Pharmaceutical applications are poised to experience the fastest growth owing to increasing R&D...