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Corn-Based Ingredients Market Trends - What will be the Short-term Impact of COVID-19?

08-31-2020 12:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune BUsiness Insights

Corn-Based Ingredients Market Trends - What will be

The global corn-based ingredients market is likely to grow in the coming years due to the soaring demand. According to a report by Fortune Business Insights, titled “Corn-based Ingredients Market Size, Share and Global Trend by Type (Corn Starch, Feed Ingredients, Corn Oil, Fuel Ethanol, DDGS), Application Type (Animal Feed, Processed Foods & Beverages, Fuel) and Geography Forecast till 2025,” the market is likely to witness growth in the coming years with high production of corn-based ingredients, driven by their exceptional health benefits.

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https://www.fortunebusinessinsights.com/industry-reports/corn-based-ingredients-market-100181

Some of the leading companies that are operating in the global corn-based ingredients market are

Cargill Incorporated
POET LLC
The Archer Daniels Midland Company
Bunge Limited
Tate & Lyle PLC
SunOpta Inc.
Ingredion Incorporated
Limagrain Céréales Ingrédients
Roquette
VIVESCIA group
Gulshan Polyols Limited and Valero Energy Corporation.

Corn is an easily grown crop and can be grown in almost all parts of the world. The seeds or kernel of corn hold majority of the nutrients and these are the most commonly consumed parts. Corn can be used to treat diabetes, chronic heart diseases and maintaining blood pressure.

The exceptional health benefits of corn have led to an increased demand for corn-based ingredients. Furthermore, product innovations and increasing use of corn in recombinant form have created a worldwide demand. The aforementioned factor is likely to boost the global corn ingredients market in the forthcoming years.

FDA’s Approval for HI-Maize Resistant Starch Will Boost the Market

Corn-based ingredients have many health benefits and their use, in combination with other ingredients were hugely beneficial. Many companies are focusing on the research and development on corn-based ingredients, in order to crack the code for successful applications in the healthcare industry, with minimum adverse effects.

In 2016, Ingredion, one of the leading providers of ingredient solutions, announced that it has received approval from the Food and Drug Administration (FDA) for its petition regarding the use of HI-Maize resistant starch in treatment of type 2 diabetes.

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Major segmentation includes:

By Type

Corn Starch
Feed Ingredients (Corn Germ Meal, Corn Gluten Meal, and Others)
Corn Oil
Fuel Ethanol
DDGS
Others
By Application

Animal Feed
Processed Foods & Beverages
Fuel (Ethanol)
Others

By Geography

In the petition, the company states that the use of high amylose maize resistant starch can be helpful in reducing the risk of type 2 diabetes. The HI-maize resistant starch can suffice consumer demand for tasty foods that can be included in a healthy diet.

Fortune Business Insights has predicted that such regulatory approvals will encourage Ingredion’s counterparts and the market will witness product innovations in the coming years. The report includes several market activities, similar to Ingredion’s product clearance, which will bode well for the global corn-based ingredients market.

Bunge’s ‘Corn-based Production’ Will Enable Growth

In recent years, scientists have unlocked the benefits of corn-based ingredients. Many have stated that these ingredients may find significant applications across diverse industries. With the growing adoption of healthy lifestyle, demand for corn-based ingredients in food products is increasing subsequently.

Resulting from the soaring demand, many companies have been encouraged to set up production units of their own. Fortune Business Insights has estimated that a healthy market competition will bode well for the overall market. Influenced by the high demand, several companies have initiated their own patented product.

In 2016, Bunge introduced its newest line of corn-based ingredients, with a view to overcoming the shortfalls of the use of non-genetically modified ingredients in packaged foods. The report includes several industry developments pertaining to the growth of the global corn-based ingredients market.

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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