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Global Modified Starch Products Usage - Analysis and Review 2008
S. K. Patil and Associates, Jan 2008, Pages: 50
The Modified starch market is fragmented and influenced by the consumer food segment needs and the trends. This is further complicated by multiple functional and texture contribution desired by current trends of health, nutrition, obesity, convenience and other demographic changes. There are many opportunities in the areas of obesity and the satiety (bulking) effects of ingredients. This is expected to allow continuation of the eating habits such as snacking, “on the go” foods and also meet the balanced nutritional needs.
There are several Mega Trends that currently happening, biotechnology developments have to meet the demands of low cost manufacturing and consumer demands of better healthy products allows novel new modified starches to capture value. Trends must be connected and combined with market size and attractiveness for the developers of biotech products. For this reason it may be more logical to target the Industrial non-food application to prove the technological benefits. This can also allow sufficient time to prove the safety and overcome the sensitivity of GMO issue. Biotechnology industry is poised to make a very significant impact to create and capture value for the processors, manufacturers and the consumers. There are also several opportunities in the industrial non-food sectors.
Consumer market and modified starch market segment information is provided in several tables in the last section of this report. Development efforts must be targeted and resources focused on projects that can create maximum value in the short time. Global markets and consumer needs will be dynamic as we move forward, those who can harvest the highest value developments will be the winners in the 21st century.
This report is a brief review of starch products, modified starches and functional ingredients from starches with emphasis on modified starch products. High margin specialty modified starch portfolio brings higher margins especially in today’s environment where co-products prices have eroded due to large supplies, effect of ethanol production. Co-products traditionally contributed significantly to the lowering of corn costs. This report provides specific data on products, market segments, margins and new product ideas and our insight from a very active management of portfolio of specialties including biotechnology projects with a specialty corn processor and biotechnology partners.
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