China’s modified food starch market is still booming, even the growth slowed down a bit in 2013, due to booming demand for convenience food. However, as the production quality for domestic manufacturers is still lacking behind international standards, imports are filling the Chinese market and drive domestic products out.
Modified food starch is the result of processing raw material starch by physical, enzymatical, or chemical force. Modified food starched is a common material in the food industry to thickening or stabilising food products in the intention of being more resistant to different temperatures, increase the shelf life, or simply enhance the thickening ability, especially of sauces.
In China, dairy products, as well as sauces, are the top end use application fields of modified food starch, accounting for about three-quarters of the total modified food starch sales volume by manufacturing giant Ingredion, in 2014 and 2015.
Slowdown in growth but booming imports
China’s share of modified food starch in comparison to modified starch, in general, is growing steadily. However, the growth of modified food starch has slowed down in recent years, after experiencing a surge in the years before 2013. After all, the CAGR of growth from 2014 to 2016 was less than 7%, after it was more than 8% in the three previous years.
The major modified food starch products that are manufactured in China, are cassava-based starch and corn-based starch. Those two food starches are mainly used in candies and meat products. The share of those two modified food starch products was even able to increase almost steadily from 2011 to 2016, showing the importance in the Chinese market.
As China’s production capacity of modified food starch was fluctuation in the past years, the output was growing steadily from 2013 to 2016. Hence, the capacity utilization rate got better during this period.
Where to find the complete research
You can find a complete analysis of China’s modified food starch market in the report
Supply and Demand of Modified Food Starch in China, Edition (3).
This report not only deals with the whole supply chain situation from raw materials to end application industries but also gives an outlook for the next five years to prepare for sustainable business decisions.
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