Hydroxypropyl distarch phosphate is prepared by treating starch with propylene oxide and phosphoric acid. The derived starch is highly stable against starch degrading enzymes and acid.
A new market research report by Future Market Insights on the hydroxypropyl distarch phosphate market includes global industry analysis 2014–2018 and opportunity assessment 2022–2029. The report examines the hydroxypropyl distarch phosphate market and provides key perceptions for the forecast period of 2022-2029. As per findings of the report, the global hydroxypropyl distarch phosphate market is projected to witness substantial growth throughout the forecast period, owing to numerous driving factors such as intensifying demand for processed food globally.
The global hydroxypropyl distarch phosphate market are slated to top US$ 1.8 Bn in 2022, and is expected to propagate at a CAGR of 5.8% during the forecast period of 2022-2029. This growth is prominently driven by the growing consumption of hydroxypropyl distarch phosphate in the several end use industries such as food, cosmetics, and pharmaceutical.
Get a Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-3891
According to FMI’s analysis, key manufacturers are focusing on identifying and leveraging the white spaces in the application of hydroxypropyl distarch phosphate. Additionally, market consolidation in developing Asian countries is likely to remain a key to gaining distinct competitive advantage, due to significant growth of cosmetic industry in the region.
Rising East Asia Market Attractiveness
In terms of value, East Asia is projected to consigned lucrative growth in the global hydroxypropyl distarch phosphate market during the forecast period. East Asia is projected to account for dominating region in the global hydroxypropyl distarch phosphate market. Large population and increasing spending power of the residents is driving the processed food market in Asian countries. High GDP growth of India and China has been witnessed in the last few years and is expected to continue during the forecast period.
Moreover, the high growth economies are creating opportunities for food industry to grow at a good pace. Growth in food consumption will ultimately reflect the growth in food additives. Hydroxypropyl distarch phosphate is consumed in processed food in significant quantity. Therefore, high growth in processed food industry is expected to bolster the growth in demand for hydroxypropyl distarch phosphate
Food Industry to Remain as Significant Consumer of Hydroxypropyl Distarch Phosphate
Globally, the Hydroxypropyl Distarch Phosphate market has been segmented on the basis of grade, application, End-Use and regions.
Hydroxypropyl Distarch Phosphate Market: Vendor Insights
The report highlights some of the key market participants, who are well-known market leaders in the global hydroxypropyl distarch phosphate market. Some of examples of the key players in the global Hydroxypropyl Distarch Phosphate market are Sinofi Ingredients, Tate & Lyle, Ingredion Incorporated, MGP Ingredients, Inc., Cargill Foods, Shanghai Yu Tao Industrial Co., Ltd., etc. The global hydroxypropyl distarch phosphate market is highly fragmented with number of players holding shares in the market.
Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-3891
Hydroxypropyl Distarch Phosphate Market: Key Segment
By Product Grade
By Application
By End Use
By Region
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jan 31, 2023
Copyright © 2006 - 2023 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
