Report Ocean published a recovery-based report for ‘Global Corn Starch Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Corn Starch Market is valued approximately USD 14.54 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.20 % over the forecast period 2020-2027. Corn Starch is a refined white powder, in which the protein and fiber of the corn kernel are removed, leaving only the starchy center called the endosperm, then this is processed as a white powder. It can be applied in textile, laundry, foundry, air flotation, oil-well drilling, and adhesives and also in the paper industry as filler and sizing material. It is easily converted to other forms like starch syrups are made from corn starch.
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Further, increasing population growth and industrial development of a country; specifically the food and beverage has been encouraging the demand for corn starch. For Instance: in 2019, Tate and Lyle launched a clean-label corn starch to develop organic food ingredients. However, availability of corn substitutes like tapioca & wheat and increasing of raw material & complex manufacturing process impedes the growth of the market over the forecast period of 2020-2027. Also, the consumers getting health conscious as corn starch is gluten free and provides more employment opportunities, the adoption & demand for Corn Starch is likely to increase.
The regional analysis of global Corn Starch Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing bioethanol policy and developed fertilizer technology. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as manufacturers investing in research and development, easily available raw materials and changing consumption pattern of economy would create lucrative growth prospects for the Corn Starch Market across Asia-Pacific region.
Major market player included in this report are:
Cargill Incorporated
Grain Processing Corporation
Ingredion
Archer Daniels Midland Company
Tate & Lyle
Associated British Foods
Sudzucker
Associated British Foods plc
Akzo Nobel NV
Bayer AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Native Starch
Modified Starch
Sweeteners
By Application:
Food & Beverages
Animal Feed
Pharmaceuticals & Chemicals
Textile
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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