Acetylated Distarch Adipate Market To Reach Us$ 2.6 Bn By 2030
Acetylated distarch adipate is a type of starch used in the food industry, mostly as a stabilizer, bulking agent, and thickener. It is majorly sought-after due to its high resisting temperature property. Since it provides exceptional stability of freezing, great transparency, and high temperature stability, demand is ever-increasing across the world.
As per PMR analysis, the global acetylated distarch adipate market is estimated to expand at a CAGR of over 4% during the forecast period of 2020-2030.
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Key Takeaways from Acetylated Distarch Adipate Market Study
- BRIC is expected to represent around 21% of incremental $ opportunity as compared to the overall opportunity represented by the global acetylated distarch adipate market.
- The North American region is experiencing bullish growth amid increasing demand from end-use industries, especially from the food industry. The region is also experiencing potential growth in terms of exports of acetylated distarch adipate to neighboring regions, which is expected to boost the growth of the acetylated distarch adipate market in the region.
- Globally, the food industry is experiencing significant growth since the last couple of decades. This growth is estimated to persist over the coming assessment period. Demand for acetylated distarch adipate in the food industry is expected to grow in parallel terms.
- End users such as pulp & paper, textiles, and others will witness lucrative growth, owing to the strong resisting temperature property of acetylated distarch adipate.
- The COVID-19 pandemic has resulted in supply chain and trade disruptions across the world, which will adversely affect the acetylated distarch adipate market in the short term.
“Increasing demand for acetylated distarch adipate from various end-use Industries, especially from the food sector, owing to its distinctive properties, is anticipated to augment market growth over the coming years. Competition in the global acetylated distarch adipate market with other types of modified starch substitutes is anticipated to further gain momentum in the near future,” says a PMR analyst.
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Market Landscape Continues to Remain Moderately Fragmented
The landscape in the global acetylated distarch adipate market is moderately fragmented at regional and domestic levels. Key players account for more than one-fourth of the total market share. Some of the leading players included in the report are Ingredion Incorporated, Tate & Lyle PLC, Archer Daniels Midland Company, SÜDSTÄRKE GmbH, Roquette Frères S.A, Venus Starch Suppliers, Agrana Beteiligungs AG, Hasal Tarim Urunleri Sanayi Ve Ticaret Limited, Sirketi, and others. Key market participants are focused on capturing lucrative growth through collaboration with end-use customers and continuing to meet targets through sustained operational excellence.
Acetylated Distarch Adipate Market: Conclusion
Globally, the acetylated distarch adipate market is populated by a number of manufacturers. Furthermore, key players are planning inorganic growth by increasing sales footprints in the other region to strengthen their market share. Smaller players are targeting organic growth by increasing production level capacity at their existing plants so that to meet regional demand for acetylated distarch adipate.
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