Press release
The global corn starch market has witnessed remarkable growth in recent years, with the market size reaching USD 20.70 Bn in 2022 and projected to reach USD 35.94Bn by 2029, growing at a CAGR of 8.2 percent during the forecast period.
Corn Starch Market Report Scope and Research Methodology:The comprehensive market report provides valuable insights into the current drivers, restraints, trends, estimations, and opportunities within the corn starch market. Through the application of PORTER's five forces analysis, the report assesses the profit-oriented decision-making abilities of buyers and suppliers, facilitating the establishment of effective supplier-buyer networks. The report offers in-depth analysis, market sizing, and segmentation to identify existing market opportunities. It examines factors that may positively or negatively impact the industry, enabling decision-makers to make informed choices.
Stakeholders looking to invest in the corn starch market can benefit from the report's extensive analysis of the market's past, present, and projected scenarios. It encompasses a thorough study of key players, including market leaders, followers, and new entrants, providing strategic profiling and a comprehensive analysis of their core competencies and growth strategies. The report also presents a clear competitive analysis of key players, encompassing product analysis, pricing, financial position, product portfolio, growth strategies, and regional presence. This information serves as a valuable guide for investors.
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Corn Starch Market Dynamics:
However, the corn starch market faces challenges such as fluctuating raw material prices and competition from alternative ingredients like potato starch, tapioca starch, and rice starch. Fluctuations in raw material prices, influenced by factors such as weather conditions, supply and demand, and government policies, impact the cost of corn starch production and may affect end product prices. Additionally, alternative ingredients with similar functional properties pose competition to corn starch.
The market segmentation based on type reveals that the modified corn starch segment held the largest revenue share in 2022, driven by the increasing demand for convenience foods, growth of the processed food industry, and the need for cost-effective and sustainable ingredients. In terms of application, the textile segment plays a vital role in the corn starch industry, fueled by the demand for eco-friendly and sustainable textiles.
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Corn Starch Market Regional Insights:
Geographically, North America is expected to witness a CAGR of 14.5 percent during the forecast period, with the United States as one of the largest corn-producing countries in the world. The region's cost-effective and efficient corn starch production process, advanced technology and R&D facilities, and the development of new and innovative products contribute to market growth. The Asia Pacific region holds the largest share in the corn starch market globally, with China, Japan, and Thailand being major producers. The food industry in the Asia Pacific drives the consumption of corn starch, particularly in various food products.
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Corn Starch Market Segmentation
By Type:
• Modified starch
• Native starch
• Sweeteners
By Application:
• Animal Feed
• Food and Beverages
• Paper and Board
• Textiles
• Others
By Form;
• Powder
• Liquid
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Corn Starch Market Key Competitors include:
• Dow (U.S.)
• BASF SE (Germany)
• Chr. Hansen Holding A/S (Denmark)
• DSM (Netherlands)
• DuPont (U.S.)
• Evonik Industries AG (Germany)
• NOVUS INTERNATIONAL (U.S.)
• Alltech (U.S.)
• Associated British Foods plc (U.K.)
• Charoen Pokphand Foods PCL (Thailand)
• Cargill, Incorporated (U.S.)
• Nutreco (Netherlands)
• ForFarmers. (Netherlands)
• De Heus Animal Nutrition (Netherlands)
• Land O'Lakes (U.S.)
• Kent Nutrition Group (U.S.)
• SunOpta (Canada)
• Scratch and Peck Feeds (U.S.)
• Ingredion Incorporated (U.S.)
• Tate and Lyle Plc (UK)
• Archer-Daniels Midland Company (U.S.)
• Global Bio-chem Technology Group Company Limited (China)
• Tereos Syral S.A.S (France)
• Roquette Frères S.A. (France)
• Other Key Market Players
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Table of Content for Corn Starch Market
1. Global Corn Starch Market: Research Methodology
2. Global Corn Starch Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Corn Starch Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Corn Starch Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Form (2021-2029)
5. Regional Corn Starch Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Form (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type, Application and Form
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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