The Latin America, Middle East and Africa Starch Derivatives Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 6,215.4 Kilo Tonnes, showcasing a growth of 6.9% (2023-2030).
Biotechnological approaches are being explored to produce these derivatives with enhanced functionalities. Enzyme engineering and fermentation processes yield derivatives that exhibit improved stability, solubility, and resistance to processing conditions. These are integrated into developing biodegradable packaging solutions in response to the push for sustainable practices. This innovation extends the applications of these and addresses the environmental impact of packaging materials.
Genetic engineering techniques are employed to introduce or modify genes responsible for starch synthesis in plants. This can lead to starch production with altered amylose/amylopectin ratios, improved digestibility, or enhanced resistance to environmental factors. Enzymes play a crucial role in the modification of starch. Specific enzymes can be used to break down starch molecules into smaller units or to introduce structural changes. For example, amylases, glucosidases, and phosphorylases modify starch properties.
Increased investments in the paper industry, driven by economic development and industrialization in the LAMEA region, contribute to expanding paper manufacturing capacities. The industry experiences a simultaneous increase in demand for additives and basic materials, such as starch derivatives. As per the data provided by the report titled Pulp and Paper Industry in Brazil and the World, released in 2022 by the Government of Brazil. Thus, the growing paper industry in the LAMEA region will boost the demand.
The Brazil market dominated the LAMEA Starch Derivatives Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,506.5 million by 2030. The Argentina market is showcasing a CAGR of 5.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5% during (2023 - 2030).
Based on Form, the market is segmented into Dry and Liquid. Based on Application, the market is segmented into Food & Beverages, Industrial and Feed. Based on Type, the market is segmented into Glucose Syrup, Modified Starch, Maltodextrin, Hydrolysates, and Cyclodextrin. Based on Source, the market is segmented into Corn, Arrowroot, Potato, Rice, Wheat, Tapioca and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Starch Derivatives Market is Projected to reach USD 70.1 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Sukhjit Starch and Chemicals Ltd., Cargill, Incorporated, Archer Daniels Midland Company, Tate & Lyle PLC, AGRANA Beteiligungs-AG, Roquette Freres SA, Ingredion Incorporated, Royal Avebe U.A., Emsland Group, and Foodchem International Corporation.
By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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