Corn Starch Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: ADM, Cargill, Ingredion (Penford Products), Tate & Lyle Americas

Registering a CAGR of 8.4% over the forecast period, the market value of Corn Starch is expected to reach US$ 30100 million in the year 2027.

Corn Starch Market Overview

Corn starch is a white, odorless, tasteless powder extracted from the white endosperm found in the center of a corn kernel. It's gluten-free and a great substitute for flour thickeners in marinade, stew, sauce, gravy, glaze, and soup recipes. It is widely used in the food and beverage (F&B) industry to add texture to fruits in pies, tarts, and other desserts. Corn starch is expected to grow significantly over the next six years due to increased use in food and beverage, processed products, paper and board, and detergents. The Global Corn Starch Market report offers a comprehensive assessment of the market for the forecast period. The report includes various segments as well as an analysis of important market trends and factors.

In recent years, the growing demand for convenience foods has necessitated the increased use of starch and its derivatives. Starches are increasingly being used as a food additive in a variety of applications ranging from sauce thickening to gum molding to viscosity control and the binding of baking ingredients. Starches with such functional properties are helping to drive market growth. Furthermore, the functional superiority of modified starches has rapidly broadened their application spectrum across a wide range of applications. Corn is the most important raw material used in the production of starch and starch derivatives, and corn starch has a significant market share compared to starch derived from other raw materials such as rice, potato, cassava, and others.

Because of its wide range of applications in food, feed, and industrial use, the corn starch market is expected to grow at a rapid pace. Corn starch is added to food products because it thickens and stabilizes them. A large portion of corn starch is also used to make sweeteners. There are two types of corn starch: native corn starch and modified corn starch.

Who are the Major Players in the Corn Starch Market?

The global Corn Starch includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include ADM, Cargill, Ingredion (Penford Products), Tate & Lyle Americas, Roquette, Argo, Gea, AVEBE, Nihon Shokuhin Kak, Japan Corn Starch, Sanwa Starch, Zhucheng Xingmao, Changchun Dacheng, Xiwang, Luzhou, COPO, China Starch, Baolingbao Biology, Xi'an Guowei, Lihua Starch, Henan Julong Biological Engineering, Hebei Derui Starch, Corn Development, Longlive and others.

Industry News and Updates:

In 2020, In the United States and Canada, Ingredion introduced PURITY Bio 201, an organic native corn starch. This certified corn starch assists manufacturers in replacing undesirable ingredients in existing products and producing products with a short ingredient list and familiar ingredient names.

In 2020, Ingredion has begun construction on a new facility in China to double its modified starch capacity. This investment was made to support the company's expansion in the Asia-Pacific region.

What are the major Applications, Types, and Regions for the Corn Starch Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Non-GM Corn Starch


• General Corn Starch

By Application, it is segmented into

• Starch Sugar


• Beer


• Food Industry


• Paper Industry


• Medicine


• Modified Starch


• Chemical Industry


• Others

Corn Starch Market Regional Analysis

Because of the region's high consumption of processed and instant or convenience food products, North America continues to lead the global corn starch market. The region's largest market was the United States. The abundance of corn as a raw material in the country, combined with low corn starch prices, is the primary driver fueling the growth of the corn starch industry in the United States market, as well as the overall North American market. The region's rising population and increase in disposable income cater to the region's rising consumption of processed and convenience foods, increasing demand for corn starch. Major market players are developing products specifically for the region.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Corn Starch Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Corn Starch Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Corn Starch Market report scope?

Scope of the Report covers Corn Starch Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Corn Starch Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Corn Starch Report

• Evaluate Corn Starch market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Corn Starch market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Corn Starch Market is studied from 2017 - 2027.

What is the growth rate of the Corn Starch Market?

The Corn Starch Market is growing at a CAGR of 8.4% over the next 5 years.

Who are the key players in Corn Starch Market?

ADM, Cargill, Ingredion (Penford Products), Tate & Lyle Americas, Roquette, Argo, Gea, AVEBE, Nihon Shokuhin Kak, Japan Corn Starch, Sanwa Starch, Zhucheng Xingmao, Changchun Dacheng, Xiwang, Luzhou, COPO, China Starch, Baolingbao Biology, Xi'an Guowei, Lihua Starch, Henan Julong Biological Engineering, Hebei Derui Starch, Corn Development, Longlive

What regions does this Corn Starch Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Corn Starch Market?

Non-GM Corn Starch, General Corn Starch

 

What are the major end-use applications of Corn Starch Market?

Starch Sugar, Beer, Food Industry, Paper Industry, Medicine, Modified Starch, Chemical Industry, Others

 

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