Bangladesh Starch And Starch Derivatives Overview
Bangladesh Starch is a polysaccharide which is made up of the glucose units. Commercially starch is derived from cereal grains such as wheat and maize or from the tubers like potato and tropicana. Derivatives of the starch can be derived by treating starch physically, enzymatically, or chemically in order to obtain compounds possessing properties different from native starches. These starch derivative products find wide applications in the various end use industries for a range of functions.
Increasing demand for the starch and starch derivatives from the food processing sector in the Bangladesh is major factor driving growth of the market in the country. Also, growing food processing sector in this country is expected to boost growth of the target market in this country. Growth in the demand for ready to eat products owing to busy lifestyle among the individuals in creating demand for the packaged food which is leading to creating demand for the starch and starch derivatives in food industry and supports growth of the target market. Additionally, increase in the usage of the modified starch in the production of the bakery, noodles, confectionery, and other convenience food products as thickening agent, stabilizer, or emulsifiers is another factor expected to fuel growth of the target market in the country.
The Bangladesh starch and starch derivatives market is segmented based on application into textile, processed food and confectionery, paper and corrugation, and pharmaceutical. The processed food and confectionery segment is expected to dominated in the target market over the forecast period. This can be attributed to growing demand for starch and starch derivatives in these industry as processing agent. Also, textile application segment is expected to hold second largest share in the target market and is expected to continue its hold over the forecast period.
The key players operating the Bangladesh starch and starch derivatives market involves Cargill Inc., GULSHAN POLYOLS LIMITED, Maize Advanced Agro Refinery, KMC, Bangladesh Maize Products Limited, Flamingo Agro Tech Limited (FATL), Biswas Agro, and Paperex BD. Key players operating in the target market are focusing on the development and launch of the new products in the target market.
Detailed Segmentation:
Bangladesh Starch and Starch Derivatives Market, By Application:
- Textile
- Processed Food and Confectionery
- Paper and Corrugation
- Pharmaceutical
Company Profile:
- Cargill Inc.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- GULSHAN POLYOLS LIMITED
- Maize Advanced Agro Refinery
- KMC
- Bangladesh Maize Products Limited
- Flamingo Agro Tech Limited (FATL)
- Biswas Agro
- Paperex BD
“*” marked represents similar segmentation in other categories in the respective section
FAQs
The Bangladesh starch and starch derivatives market is segmented based on application
Increasing demand for starch and starch derivatives from the food processing sector in Bangladesh is the major factor driving the growth of the market in the country.
Key players operating in the target market are focusing on the development and launch of the new products in the target market. Cargill Inc., starches are developed to meet the needs of the food industry. As a starch supplier, Cargill offers a variety of starches for use in different food applications with different functional needs.