Monostarch Phosphate Market Size and Share Analysis by Future Market Insights


Monostarch phosphate is produced by integrating orthophosphate acid substituents with monostarch.

Monostarch_Phosphate_Market1

Future Market Insights' analysis projects that the monostarch phosphate market will grow at a CAGR of 5.7% during the period of forecasting. The industry is expected to increase in value from US$ 719.6 Mn in 2022 to US$ 1,252.6 Mn in 2032. The Monostarch Phosphate Market was worth US$ 678.2 Mn by the end of 2021.
Orthophosphate acid substituents are combined with monostarch to create monostarch phosphate. Thermized cottage cheese, milkshakes, food concentrates, puddings, cold jelly sweets, dressings, sauces, and soups are just a few examples of the many food products that utilise this sector of modified starch. Retrogradation is lessened by mixing monostarch phosphate with salts of sodium triphosphate, potassium phosphate, sodium phosphate, or phosphoric acid. The reaction known as retrogradation occurs when the amylopectin or amylose chains are heated. The monostarch phosphate market in North America has a disproportionately large revenue share, followed by the market in Western Europe. However, due to the region's rising food consumption, Asia-Pacific is predicted to increase at a comparatively high growth rate over the forecast period.
Worldwide food and pharmaceutical industries are two rapidly expanding industries that are major drivers of the global monostarch phosphate market. Over the course of the forecast period, the worldwide monostarch phosphate market is anticipated to grow as a result of monostarch phosphate's ability to lessen retrogradation reaction. However, if monostarch phosphate is used excessively in a food product, it may have negative effects such as kidney abnormalities, which would hinder the growth of the worldwide monostarch phosphate market. Mergers and acquisitions with end-use industries are a key trend for the worldwide monostarch phosphate market. The constantly expanding food and pharmaceutical industries throughout the forecast period present a substantial opportunity for the company producing monostarch phosphate products in regions including North America, Europe, and Asia Pacific.

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Global Monostarch Phosphate Market: Regional Overview

By geographies, the global monostarch phosphate market is segmented into seven regions — North America, Western Europe, Asia-Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa, and Japan. Among the regions, North America dominates the global monostarch phosphate market in terms of value, owing to a significant revenue share of the region in the food additive market. Western Europe is followed by North America in the global monostarch phosphate market, attributed to high demand for confectioneries and bakery products in the region. The APEJ is expected to account for relatively high volume share in the global monostarch phosphate market, owing to rapidly growing food and pharmaceutical industry over the forecast period. Eastern Europe and Japan also accounts for a relatively low-value share in the global monostarch phosphate market. Latin America and Middle East Africa is expected to have a moderate opportunity for the monostarch phosphate market, owing to the moderately growing economy and industries across the regions. Overall, the outlook for the global monostarch phosphate market will have a positive growth over the forecast period.

Global Monostarch Phosphate Market: Key Players

Few of the monostarch phosphate market players include Cargill Inc., Ingredion Inc., Archer-Daniels-Midland Co., KMC, Global Bio-Chem Technology Group Co. Ltd., Penford Corp., Banpong Tapioca Flour Industrial Co Ltd., China Essence Group Ltd., Tate and Lyle Plc., Avebe U.A., Ulrick and Short Ltd., and Universal Starch Chem Allied.

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The report covers exhaustive analysis on:
  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)
Global Monostarch Phosphate Market: Segmentation

The global monostarch phosphate market is segmented by end-use industry, application, and by region.

Based on the end-use Industry, the global monostarch phosphate market is segmented into:

  • Food Industry
  • Pharmaceutical Industry
  • Other Industries

Based on the application, the global monostarch phosphate market is segmented into:

  • Thickening Agent
  • Other Excipient

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Published in

Business , Food

Published on

Jan 31, 2023

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