San Francisco, California, August 16, 2018 – The global oxidized starch market is predicted to increase growth with increasing demand in construction, textile, paper, baking, confectionery, and other industry verticals. A report by TMR Research offers a detailed account of the market based on various factors and different aspects. It carries the title “Oxidized Starch Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028.” Oxidized starch is employed to improve the chemical and physical attributes of end products used in the aforementioned industry verticals. The revenue growth of the market could be pushed higher with extensive application in the textile industry for warp sizing and for enhancing the functional properties of dough in the baking industry.
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Aggressive rate of urbanization and changing consumer lifestyles are foreseen to give a strong impetus to the global oxidized starch market. On the geographical front, the market could witness the rise of North America as it rakes in ample of demand for oxidized starch. Beside this lucrative region, the market is anticipated to find Europe growing at a healthy rate with growing demand in the confectionery industry. On the other hand, Asia Pacific could take advantage of the rising demand in the food industry.
The global oxidized starch market is expected to testify the rise of Universal Starch Chem Allied Ltd., Ulrick & Short Ltd., and Cargill Inc. as leading players. Sources other than tapioca and potato could be taken into account as ingredient suppliers look to diversify their sources for the production of oxidized starch. Some companies are exploring the possibility of manufacturing gluten-free baked products with the use of oxidized starch. Acquisition of ingredient suppliers and merger with end-use industry players could be a common scenario witnessed in the market. Regulatory agencies giving the green signal for oxidized starch and other modified starches for consumption by adults are projected to help the market to grow handsomely.
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