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 study is based on thorough research, qualitative and quantitative assessment by industry experts, and inputs from professionals in the field and supply chain players. The research examines parent market trends, macroeconomic data, and controlling variables in-depth, as well as market attractiveness by segment. The qualitative influence of key market variables on market segments and regions is also mapped out in the study.
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Corn Starch Market Scope:
This Corn Starch market review examines the latest developments, regulatory frameworks, trade analysis, business model, supply chain utilization, market dominance, the impact of residential and localized market participants, assessments possibilities in terms of evolving revenue spots, shifts in market regulations, tactical industry growth analysis, sales volume, categorical market growth, implementation niches and dominance, product releases, global coverage, and, product launches. Contact Stellar Market Research for an Analyst Brief to learn more about the Corn Starch market. Our staff will assist you in making an educated market decision to achieve market growth.
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:
To extend their presence in emerging nations and eventually broaden their client base, the key players in the market are embracing different growth tactics such as agreements and strategic alliances, as well as new product debuts. The following are some of the major participants in the Corn Starch market:
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:
Individual market affecting elements and changes in market legislation that affect present and future marketing strategies are also discussed in the country-focused discussion of the Corn Starch market study. Some of the primary elements utilized to anticipate the market situation for particular nations are consumer volumes, processing facilities, and inventories, shipping analysis, price predictive modeling, price of raw materials, and upstream and downstream value chain analysis. While offering forecast analysis of the national data, the existence and affordability of global brands, as well as the obstacles they face due to significant or limited rivalry from local and domestic manufacturers, the influence of local tariffs, and shipping lanes are all taken into account.
COVID-19 Impact Analysis on Corn Starch Market:
The COVID-19 outbreak resulted in a severe and prolonged decline in production efficiency, while travel bans and factory closures kept people away from their businesses, leading the Corn Starch market to slow in 2020. The new research features pandemic’s impact on the Corn Starch# market, as well as observations, research, estimations, and projections. The Stellar Corn Starch Market Research study contains an in-depth examination of customer behavior in the aftermath of the virus, as well as its influence on the Corn Starch market’s outlook, classification, trends, and economic constraints.
Key Questions Answered in the Corn Starch Market Report are:
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- What are the drivers motivating overall Corn Starch market advancement in the upcoming period?
- What revenue potential is estimated from the Corn Starch market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Corn Starch market in the approaching period?
- Who are the significant contenders functioning in the Corn Starch market?
- Which region is leading the global Corn Starch market share at the end of the forecast period?
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