Global Monostarch Phosphate Market: Overview
When orthophosphate acid substituents are integrated with the monostarch it produces the monostarch phosphate. The monostarch phosphate is one of the modified starches that are widely used in different food products such as sauces, low-calorie margarine, food concentrates, milkshakes, thermized cottage cheese, cold jelly desserts, puddings, dressings, and soups.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Monostarch Phosphate Market: Segmentation
The monostarch phosphate market is globally segmented into its end user and applications. On the basis of end-user industry, the global market is segregated into the pharmaceutical industry, food industry, and other industries. Among the end-user industry, the food industry accounts for the largest market share in terms of revenue. It is owing to the huge demand for the bakery products and confectioneries. Depending on the application, the market is divided into thickening agent and other excipients.
Global Monostarch Phosphate Market: Growth Factors
The key factor that will drive the monostarch market is the rapid growth in the food and pharmaceutical industries across the globe. Monostarch phosphate helps in reducing the retrogradation reaction; it is also a factor that attributes to the market growth. The important trending factor done by the manufacturers for the growth of the monostarch phosphate market is the merger and acquisitions among different end-use industries. There is a huge scope of development for the monostarch phosphate market in the developing regions mainly due to the factor that they are making efforts in developing their food and pharmaceutical industry. There are also certain factors that restrain the monostarch phosphate market one of them being the excessive usage of the product in the food products causes kidney abnormalities, thus limiting its usage.
Global Monostarch Phosphate Market: Regional Analysis
The geographical segmentation of the global monostarch phosphate market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. The region that is dominating the monostarch phosphate market is the North America. This dominance is in terms of value due to the fact that major revenue share is obtained by the food additive market in this region. North America is followed by Western Europe in the global monostarch phosphate market. The factor that attributes to this regional market growth is the increasing demand for the bakery products and confectioneries in the region. The Asia Pacific region also has a good contribution in the monostarch phosphate market. This is in terms of volume share by the robust growth of the pharmaceutical and food industry. Eastern Europe accounts for a sluggish market growth. The Middle East and Africa and the Latin American region is having moderate opportunities in the monostarch phosphate market. This is due to the fact that the economic growth of the region is slow.
Global Monostarch Phosphate Market: Competitive Players
The key market players that are involved in the monostarch phosphate market include Ingredion Inc., KMC, Penford Corp., China Essence Group Ltd., Avebe U.A., Universal Starch Chem Allied, Cargill Inc., Archer-Daniels-Midland Co., Global Bio-Chem Technology Group Co. Ltd., Banpong Tapioca Flour Industrial Co Ltd., Tate and Lyle Plc., and Ulrick and Short Ltd.
Global Monostarch Phosphate Market: Regional Segment Analysis
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