Market Forecast By Source (Corn, Wheat, Cassava, Potato), By Application (Food & Beverages, Animal Feed, Others) And Competitive Landscape
| Product Code: ETC170167 | Publication Date: Jan 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Modified Starch Market report thoroughly covers the market by source and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Africa Modified Starch Market is experiencing significant growth and is projected to attain more growth in the coming years due to increased demand from various end-user industries such as food and beverage, pharmaceuticals, and textiles. Modified starches are preferred for their enhanced functional properties, such as improved stability, viscosity, and texture, which make them indispensable in food processing for applications like thickening, gelling, and stabilizing.
According to 6Wresearch, South Africa Modified Starch Market size is expected to grow at a CAGR of 6% during 2025-2031. Several factors are driving the growth of South Africa Modified Starch Market such as the escalating demand for convenience and processed foods has significantly increased the utilization of modified starches, as these ingredients are essential for texture, preservation, and viscosity. The expanding urban population and busy lifestyles have led to a surge in the consumption of instant and ready-to-eat meals, wherein modified starches are critical for quality assurance. Additionally, the burgeoning pharmaceutical industry in South Africa is leveraging modified starches for their superior binding and disintegrating properties in drug formulation, thereby enhancing the market demand.
However, South Africa Modified Starch Market faces few restraints such as the volatile cost of raw materials. The production of modified starch relies heavily on agricultural commodities such as corn, wheat, and potatoes, whose prices can fluctuate due to factors like climate change, pest outbreaks, and geopolitical tensions. These price volatilities can affect the profitability of manufacturers and, in turn, the overall market growth. Additionally, there are stringent regulatory standards and compliance requirements governing the use of modified starches, especially in food and pharmaceutical applications. These regulations necessitate rigorous testing and validation processes, which can increase production costs and delay time-to-market for new products.
South Africa Modified Starch Market is defined by the presence of several key players who dominate the industry landscape through their extensive product offerings and innovative solutions. Key players are Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Tongaat Hulett Starch, Silo Starch.
South Africa Modified Starch Market is growing and government’s regulation and policies are helping in extension of the market. Comprehensive Agricultural Support Programme (CASP), which provides funding, training, and infrastructure development to smallholder farmers, thereby ensuring a stable supply of raw materials like corn and potatoes that are essential for modified starch production. Additionally, Industrial Policy Action Plan (IPAP), which focuses on strengthening South Africa's manufacturing sector, including the food processing and textile industries. Through IPAP, the government provides incentives for technological advancements and the adoption of innovative manufacturing processes. This initiative not only enhances the competitiveness of local manufacturers but also stimulates demand for high-quality modified starch products.
The future of South Africa Modified Starch Market looks promising due to various factors such as a combination of technological advancements, increasing consumer demand for clean-label products, and the expanding application scope of modified starch across various industries. Innovations in enzyme technology and genetic modification are expected to enable the development of tailor-made starch derivatives with specific functional properties, such as improved texture, stability, and nutritional profile. These advancements will likely lead to the introduction of innovative products that cater to industry-specific needs, particularly in the food and beverage, pharmaceutical, and textile sectors.
According to Ravi Bhandari, Research Head, 6Wresearch, Cassava starch is poised for the most significant growth in coming years due to the increasing demand for gluten-free and clean-label products.
Food & Beverages market is poised for the most significant growth in future attributed to their functional properties like thickening, stabilizing, and emulsifying.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 South Africa Modified Starch Market Overview |
| 3.1 South Africa Country Macro Economic Indicators |
| 3.2 South Africa Modified Starch Market Revenues & Volume, 2021 & 2031F |
| 3.3 South Africa Modified Starch Market - Industry Life Cycle |
| 3.4 South Africa Modified Starch Market - Porter's Five Forces |
| 3.5 South Africa Modified Starch Market Revenues & Volume Share, By Source, 2021 & 2031F |
| 3.6 South Africa Modified Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 4 South Africa Modified Starch Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 South Africa Modified Starch Market Trends |
| 6 South Africa Modified Starch Market, By Types |
| 6.1 South Africa Modified Starch Market, By Source |
| 6.1.1 Overview and Analysis |
| 6.1.2 South Africa Modified Starch Market Revenues & Volume, By Source, 2021-2031F |
| 6.1.3 South Africa Modified Starch Market Revenues & Volume, By Corn, 2021-2031F |
| 6.1.4 South Africa Modified Starch Market Revenues & Volume, By Wheat, 2021-2031F |
| 6.1.5 South Africa Modified Starch Market Revenues & Volume, By Cassava, 2021-2031F |
| 6.1.6 South Africa Modified Starch Market Revenues & Volume, By Potato, 2021-2031F |
| 6.2 South Africa Modified Starch Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 South Africa Modified Starch Market Revenues & Volume, By Food & Beverages, 2021-2031F |
| 6.2.3 South Africa Modified Starch Market Revenues & Volume, By Animal Feed, 2021-2031F |
| 6.2.4 South Africa Modified Starch Market Revenues & Volume, By Others, 2021-2031F |
| 7 South Africa Modified Starch Market Import-Export Trade Statistics |
| 7.1 South Africa Modified Starch Market Export to Major Countries |
| 7.2 South Africa Modified Starch Market Imports from Major Countries |
| 8 South Africa Modified Starch Market Key Performance Indicators |
| 9 South Africa Modified Starch Market - Opportunity Assessment |
| 9.1 South Africa Modified Starch Market Opportunity Assessment, By Source, 2021 & 2031F |
| 9.2 South Africa Modified Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
| 10 South Africa Modified Starch Market - Competitive Landscape |
| 10.1 South Africa Modified Starch Market Revenue Share, By Companies, 2024 |
| 10.2 South Africa Modified Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |