Global Waxy maize starch Market is anticipated to exceed US$ 7.93 billion by 2028

Read the market research report, " Waxy maize starch Market segmented By Type (Native Starch, Modified Starch, and Sweeteners), By Application (Foods and Beverages, Animal Feed, Pharmaceuticals, Textile, Paper and Corrugated, Other Applications) & By Region - Forecast and Analysis 2022-2028" by SkyQuest

Food manufacturers use waxy corn starch in their products to improve the consistency, flavor, ability to retain moisture, and flowability of their goods, all of which contribute to longer shelf life for the finished goods. Waxy maize starch is being used in an expanding number of non-food applications, many of which have high growth potential. As a result, businesses are expected to concentrate their efforts on serving this market sector.

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In 2021, the value of the global market for waxy maize starch was estimated to be US$ 3.21 billion. It is predicted that the global market for waxy maize starch will expand at a compound annual growth rate (CAGR) of 8.7% during the time of the projection, which runs from 2022 to 2028. By the year 2028, it is anticipated that the value of the global market would have reached US$ 7.93 billion. Waxy maize starch is used as an ingredient in a range of end-use industries, such as the textile industry, the food industry, and the pharmaceutical industry. This additive is applied to individual yarns to improve the yarns' resistance to moisture as well as their resistance to friction and mechanical durability. It also serves as a stabilizer for the fabrics being overprinted on, in addition to being a filler for the various colored inks. Starches are utilized by several businesses that manufacture detergents to produce products that are kind to users' skin, biodegradable, and non-toxic.

The advantages of waxy maize starch have contributed to its high demand, and there is a growing preference for healthy food options around the globe, which is projected to boost the global market for waxy maize starch. If we assume that the food business will have the greatest impact on the worldwide market for waxy maize starch, then we can anticipate that manufacturers will see a sizeable boost in their profits if they focus on selling their wares to the food industry.
It is estimated that the North American market holds the majority share of the worldwide waxy maize starch market. During the period covered by the projection, from 2022 until 2028, the local market is predicted to expand at a compound annual growth rate of 5.8%. It is predicted that an increase in customer awareness regarding the functional features of ingredients used in food preparation would drive growth in the North American market.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

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What does this Report Deliver?
• Market Estimation for 20+ Countries
• Waxy maize starch Market demand by Region, Sub-Region, and Country
• Customization on Segments, Regions, and Company Profiles
• 100+ tables, 150+ Figures
• Global, Regional, and Country specific Waxy maize starch Market Trends
• Comprehensive Mapping of Waxy maize starch Industry Parameters
• Attractive Investment Proposition in the Global Waxy maize starch Industry
• Competitive Strategies Adopted by Waxy maize starch Market Key Players
• Drivers, Restraints, Opportunities, Challenges, and the impact on the Waxy maize starch Market Size
• Market growth rate till 2028
• Regulatory scenario, regional dynamics, and Waxy maize starch market insights of leading countries in each region
• In-depth Market insights by Region and Country
• Market Segmentation Trend Analysis, Opportunities, and Growth
• Porter's five force analysis to know the market's condition
• Pricing Analysis and Waxy maize starch Market Sales
• Parent market analysis
• Product portfolio benchmarking

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SkyQuest has segmented the Global Waxy maize starch Market based on Type, Application, and Region:
● Global Waxy maize starch Market by Type (Revenue, USD Billion, 2021 - 2028)
o Native Starch
o Modified Starch
o Sweeteners
● Global Waxy maize starch Market by Application (Revenue, USD Billion, 2021 - 2028)
o Foods and Beverages
o Animal Feed
o Pharmaceuticals
o Textile
o Paper and Corrugated
o Other Applications
● Global Waxy maize starch Market By Region (Revenue, USD Billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Central & South America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA

Key Players in the Global Waxy maize starch Market
• AGRANA Group (Austria)
• Cargill Inc. (US)
• Daesang Corp (South Korea)
• Ingredion Inc. (US)
• Interstarch (Ukraine)
• Associated British Foods PLC. (UK)
• Manildra Group (US)
• New Zealand Starch Limited (New Zealand)
• Roquette Frères (France)
• Samyang Corporation (South Korea)
• Sanwa Starch Co. Ltd. (Japan)
• Sinofi Ingredients (China)
• Tate & Lyle Plc (UK)
• Tokai Denpun Co. Ltd. (Japan)

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This release was published on openPR.