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Follow on Google News | Modified Starch Market will be US$ 14.9 Billion by 2026 | Renub Research ReportAccording to Renub Research analysis, Modified Starch Market is estimated to be more than US$ 14.9 Billion by 2026.
By: Renub Research This growth in the market is due to growing inclusion in a wide range of foods and the cost-effectiveness provided by them, it is experiencing substantial development, along with the enhanced features they provide compared to native starch. The rising demand among consumers for processed and convenience food is generating a demand for modified starch. The integration of modified starch across different industries is growing with the advancement of new technology and groundbreaking studies in the food and beverage industry. Due to its high production of processed food, the Asia Pacific segment is going to dominate the market. The demand of Modified Starch has increased due to its ability to improve food texture and shelf life, increased consumption of these items in bakery, dairy, and convenience foods is expected to propel their market further. The segment will also be powered by a positive food & beverage industry outlook in developing countries. Significant growth in the pharmaceutical industry is also expected to occur in these emerging economies due to growing market demand for advanced medicines, which in turn will propel product demand over the forecast period. The Impact of COVID-19 on Modified Starch Market The coronavirus (COVID-19) effects are already beginning to be felt and will have a significant impact on the Modified Starch Market in 2020. The global economy was influenced in three main ways by COVID-19: by directly impacting production and market instability and demand, by building a supply chain and by its economic effect on businesses and financial markets. About Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to- Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91-120-421- Email: info@renub.com Web: https://www.renub.com Follow the Link for Report Customization: End
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