Global Corn Starch Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz, in its upcoming report titled, “Global Corn Starch Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global corn starch market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global corn starch market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report has been segmented on the basis of product, application, and region. The global corn starch market was valued at US$ XX.X billion in 2016, and is expected to reach US$ XX.X billion at CAGR of X.X% over the forecast period.
Corn starch is derived from the wheat or corn (maize) grain. Corn starch is attained from the endosperm of the kernel. Corn starch is used for many household, culinary, and industrial purposes. It is often used in kitchen as a thickening agent for glazes, gravies, sauces, soups, casseroles, pies, and other desserts. It is also used in the preparation of corn syrup and bioplastics. It also pays a major role in treatment of glycogen storage disease.
Increasing use of corn starch in many industries, such as processed foods, detergent industries, food and beverages, and paper and board is key factor to drive growth of the global corn starch market. In addition, increasing awareness among consumers with respect to health benefits of consuming corn starch is expected to accelerate the growth on the global corn starch market during forecast period. Also, expansion of the application base and technological advancements in the field of biotechnology are some other major factors projected to boost growth of the global corn starch market during forecast period.
However, availability of corn substitutes, like tapioca and wheat is major factor to restrict growth of the global corn starch market. Moreover, increasing prices of raw material and increase in use of Cassava as substitute these factors are expected to hamper the growth of the global corn starch market during the forecast period.
Key players in the global corn starch market are offering corn-starch-based products, which are used as a raw material for 3D printing and in bioplastic sector, projected to create cost-effective opportunity for key players operating in the global corn starch market during the forecast period.
North America accounts for largest revenue contribution to the global corn starch market. This is attributed to presence of leading corn starch manufacturers in this region. However, rising population and increase in disposable income among consumers in emerging economies such as China, India and Brazil is expected to expand during the forecast period.
Global Corn Starch Market Segmentation:
Global corn starch market segmentation by product:
- Modified Starch
- Native Starch
Global corn starch market segmentation by application:
- Pharmaceuticals & Chemicals
- Food & Beverages
- Animal Feed
- Paper Making
Global corn starch market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cargill Incorporated
- Grain Processing Corporation
- Croda international
- Akzo Nobel NV
- Bayer AG
- Ajinomoto Company Incorporated
- Henkel KGaA
- Associated British Foods plc
- Calpis Company
- Archer-Daniels-Midland Company
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