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The starch derivatives market size is forecast to increase by USD 6.50 billion at a CAGR of 5.04% between 2023 and 2028. The market is driven by the high demand for cost-effective alternatives, such as wheat starch, in various industries, including the paper industry as thickeners, binders, and gelling agents. The trend toward clean label movement and sustainability is also fueling market growth, as consumers prefer bio-based products over synthetic alternatives. Additionally, the convenience food sector's increasing popularity is contributing to the market's expansion. However, the market faces challenges from the constant fluctuation in raw material prices, particularly for wheat and corn, which can impact production costs. Environmental protection regulations are another challenge, as manufacturers must ensure their processes and products meet stringent sustainability standards.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Raw Material
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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