Corn Starch Market size reached USD 20.70 Bn in 2022 and is expected to reach USD 35.94 Bn by 2029, growing at a CAGR of 8.2 % during the forecast period.
Corn Starch Market Overview:
The Maximize Market Research report analyses the global Corn Starch Market in depth, precisely, and comprehensively, with a focus on market dynamics, market competition, regional growth, segment analysis, and important growth strategies. The analysis contains information on market growth as well as market segmentation like regions, product type, application, and end-use industry. Analyst creates comprehensive and precise marketing research reports using the most up-to-date Corn Starch Market research techniques and technology. This analysis covers a wide range of industry verticals along with a thorough examination of the Corn Starch market size and share.
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Corn Starch Market Scope:
The report goes over demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are driving and impeding the market’s growth. The MMR Matrix in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter’s five forces analysis and PESTLE of the Corn Starch market. The research also looks at current market trends and forecasts for the years 2021-2027. The study also uncovered important impending advancements that would have an impact on demand over the anticipated timeframe.
Corn Starch Market Segmentation:
According to type, the modified corn starch segment had the highest revenue share of 12% in 2022 and is predicted to increase in the upcoming years due to the growing demand for processed foods, the need for affordable and sustainable ingredients, and the rising demand for convenience foods. Additionally, throughout the projection period, the creation of novel and cutting-edge items like clean labels and non-GMO modified corn starch is anticipated to propel segment growth.
According to the Application, the growing demand for sustainable and environmentally friendly textiles makes the Textile segment a key driver of growth for the Corn Starch industry. In place of synthetic sizing and finishing treatments, which are frequently petroleum-based and non-biodegradable, corn starch is a natural and biodegradable substitute. Additionally, it is anticipated that the creation of novel and cutting-edge goods like biodegradable packaging materials and nanofibers derived from corn starch would propel the expansion of the textile segment throughout the projection period.
1 Global Corn Starch Market, by Type (2022-2029)
• Modified starch
• Native starch
• Sweeteners
2 Global Corn Starch Market, by Application (2022-2029)
• Animal Feed
• Food and Beverages
• Paper and Board
• Textiles
• Others
3 Global Corn Starch Market, by Form (2022-2029)
• Powder
• Liquid
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Corn Starch Market Key Players:
1. Dow (U.S.)
2. BASF SE (Germany)
3. Chr. Hansen Holding A/S (Denmark)
4. DSM (Netherlands)
5. DuPont (U.S.)
6. Evonik Industries AG (Germany)
7. NOVUS INTERNATIONAL (U.S.)
8. Alltech (U.S.)
9. Associated British Foods plc (U.K.)
10.Charoen Pokphand Foods PCL (Thailand)
11.Cargill, Incorporated (U.S.)
12.Nutreco (Netherlands)
13.ForFarmers. (Netherlands)
14.De Heus Animal Nutrition (Netherlands)
15.Land O’Lakes (U.S.)
16.Kent Nutrition Group (U.S.)
17.SunOpta (Canada)
18.Scratch and Peck Feeds (U.S.)
19.Ingredion Incorporated (U.S.)
20.Tate and Lyle Plc (UK)
21.Archer-Daniels Midland Company (U.S.)
22.Global Bio-chem Technology Group Company Limited (China)
23.Tereos Syral S.A.S (France)
24.Roquette Frères S.A. (France)
25.Other Key Market Players
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Regional Analysis:
Readers will be well-informed on the Corn Starch market on a regional level thanks to the reports’ regional insights. A meaningful assessment of potential policy options in response market changes across the globe, requires a thorough understanding of local energy, economic, political, and geographic characteristics. The research provides readers with regional insights that ensure the effects on Corn Starch market and local growth prospects, as well as domestic area restraints.
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
COVID-19 Impact Analysis on Corn Starch Market:
The impact of COVID-19 on the Corn Starch market is exhaustively examined in the research. As a result of the COVID-19 pandemic, analyst at Maximize Market Research, who are following the situation across the globe, believe that the market is expected to provide profitable opportunities for producers. The report’s purpose is to provide a more comprehensive view of the current situation, the economic downturn, and the influence of COVID-19 on the whole Corn Starch market.
Key Questions Answered:
- This report presents analytical depiction of the global Corn Starch market trade at the side of these trends and future estimations to work out the upcoming investment pockets.
- The report presents information associated with key drivers, restraints, and opportunities at the side of elaborated analysis of the Corn Starch market share.
- The current market is quantitatively analysed from 2021 to 2027 to spotlight the world Corn Starch market growth.
- Porter’s 5 forces analysis demonstrates the efficiency of consumers & suppliers within the market.
- Who Are the Global Key Players in This Corn Starch Market? What are their Company Profile, Their Product Information, and Contact Information?
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