Corn Starch Market Report by Category, Application, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The global corn starch market size reached 81.6 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 95.9 Million Tons by 2027, exhibiting a growth rate (CAGR) of 2.75% during 2022-2027.

Corn starch is a white, odorless, and tasteless powder obtained from the white endosperm of the corn kernel. It is gluten-free and acts as a substitute for flour thickeners in marinades, stews, sauces, gravies, glazes, and soups. Corn starch is commonly used in the food and beverage (F&B) industry to add texture to fruits in pies, tarts, and other desserts. It also finds applications in coating paper, producing boxboard and insulating material boards. The pharmaceutical industry employs corn starch as a disintegrant and binder in tablets, emulsions, and ointments.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Global Corn Starch Market Trends:

One of the key factors driving the corn starch industry is the increasing utilization of the product as a food additive in various applications. It is widely employed for gum molding, thickening sauces and as a viscosity-control agent for binding baking ingredients. In line with this, due to hectic schedules and inflating disposable incomes, there has been a rise in the demand for processed food items that use corn starch as a key ingredient.

Moreover, corn starch is rapidly gaining preference amongst health-conscious, vegetarian and vegan consumers as it is gluten-free and can be used as a substitute for eggs in baking and cooking. The growth of the market can also be attributed to the rising use of corn starch as industrial starch. It is widely employed in the production of paper and packaging, as well as in the textile industry for providing stiffness to clothes.

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Competitive Scenario with Key Players:

The competitive landscape of the market has also been analyzed, with some of the key players being

Cargill, Incorporated, Ingredion Incorporated, Archer Daniels Midland Company (ADM), Tate & Lyle plc and Roquette Freres.

Market Summary

On the basis of the category, sweeteners represent the largest market segment. Other major categories include native and modified starch.
Based on the application, the market has been segregated into food and beverages, animal feed, pharmaceuticals and chemicals, textile, paper and corrugates, and others. Amongst these, food and beverages account for the majority of the market share.

On the geographical front, the market has been classified into the United States, China, the European Union and Others. At present, the United States holds the leading position in the market.
The competitive landscape of the market has also been analyzed in the report, with the key players being Cargill, Incorporated, Ingredion Incorporated, Archer Daniels Midland Company (ADM), Tate & Lyle plc and Roquette Freres.

Top Corn Starch Manufacturers and Companies - https://www.imarcgroup.com/corn-starch-manufacturing-companies

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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