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Jun 04, 2025

China's Dextrins and Modified Starches Market to Grow at a CAGR of +0.2% from 2024 to 2035, Reaching 4.2M Tons - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. IndexBox has just published a new report: China - Dextrins And Other Modified Starches - Market

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IndexBox has just published a new report: China - Dextrins And Other Modified Starches - Market Analysis, Forecast, Size, Trends And Insights.

The demand for dextrins and other modified starches in China is on the rise, leading to an upward consumption trend over the next decade. Market performance is expected to slow down slightly, with a predicted growth rate of +0.2% in volume and +1.2% in value from 2024 to 2035. By the end of 2035, the market is projected to reach 4.2M tons in volume and $5B in value.

Driven by increasing demand for dextrins and other modified starches in China, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.2% for the period from 2024 to 2035, which is projected to bring the market volume to 4.2M tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.2% for the period from 2024 to 2035, which is projected to bring the market value to $5B (in nominal wholesale prices) by the end of 2035.

In 2024, the amount of dextrins and other modified starches consumed in China totaled 4.1M tons, therefore, remained relatively stable against 2023. The total consumption volume increased at an average annual rate of +1.1% from 2013 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the consumption volume increased by 4.5% against the previous year. Modified starches consumption peaked at 4.2M tons in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The size of the modified starches market in China shrank to $4.4B in 2024, declining by -12.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated perceptible growth from 2013 to 2024: its value increased at an average annual rate of +2.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -22.7% against 2021 indices. Modified starches consumption peaked at $5.6B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Modified starches production in China was estimated at 3.8M tons in 2024, growing by 1.7% against 2023. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the production volume increased by 3.8% against the previous year. Modified starches production peaked in 2024 and is likely to see steady growth in years to come.

In value terms, modified starches production declined to $4.1B in 2024 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2013 to 2024: its value increased at an average annual rate of +2.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production decreased by -23.4% against 2021 indices. The growth pace was the most rapid in 2020 when the production volume increased by 38%. Modified starches production peaked at $5.4B in 2021; however, from 2022 to 2024, production stood at a somewhat lower figure.

In 2024, overseas purchases of dextrins and other modified starches were finally on the rise to reach 514K tons after two years of decline. Over the period under review, total imports indicated a noticeable increase from 2013 to 2024: its volume increased at an average annual rate of +4.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -12.1% against 2021 indices. The growth pace was the most rapid in 2018 with an increase of 30% against the previous year. Imports peaked at 585K tons in 2021; however, from 2022 to 2024, imports remained at a lower figure.

In value terms, modified starches imports reduced modestly to $540M in 2024. Overall, total imports indicated resilient growth from 2013 to 2024: its value increased at an average annual rate of +5.1% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -7.3% against 2022 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at $583M in 2022; however, from 2023 to 2024, imports remained at a lower figure.

Thailand (229K tons), Vietnam (179K tons) and the United States (24K tons) were the main suppliers of modified starches imports to China, with a combined 84% share of total imports.

From 2013 to 2024, the biggest increases were recorded for Vietnam (with a CAGR of +29.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modified starches suppliers to China were Thailand ($207M), Vietnam ($114M) and the United States ($52M), together comprising 69% of total imports.

Vietnam, with a CAGR of +29.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

In 2024, the average modified starches import price amounted to $1,051 per ton, which is down by -5.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2023 an increase of 10% against the previous year. As a result, import price attained the peak level of $1,108 per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was the Netherlands ($2,350 per ton), while the price for Vietnam ($637 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

In 2024, overseas shipments of dextrins and other modified starches increased by 27% to 199K tons, rising for the fourth consecutive year after two years of decline. In general, exports recorded a perceptible increase. The growth pace was the most rapid in 2022 with an increase of 48% against the previous year. Over the period under review, the exports attained the maximum in 2024 and are likely to see steady growth in years to come.

In value terms, modified starches exports stood at $229M in 2024. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. The exports peaked in 2024 and are likely to see steady growth in the immediate term.

The Philippines (40K tons), Russia (34K tons) and Indonesia (22K tons) were the main destinations of modified starches exports from China, with a combined 48% share of total exports.

From 2013 to 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +49.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($58M) remains the key foreign market for dextrins and other modified starches exports from China, comprising 25% of total exports. The second position in the ranking was held by the Philippines ($21M), with a 9% share of total exports. It was followed by Indonesia, with a 9% share.

From 2013 to 2024, the average annual growth rate of value to Russia stood at +38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+36.5% per year) and Indonesia (+20.9% per year).

In 2024, the average modified starches export price amounted to $1,149 per ton, falling by -20.5% against the previous year. Over the period under review, the export price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $1,762 per ton in 2021; however, from 2022 to 2024, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,689 per ton), while the average price for exports to the Philippines ($513 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the modified starches market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Export

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles