Corn Starch Market Predicted to Surpass 106.3 Million Tons by 2032 | Growing at a CAGR of 2.3%

IMARC Group's report titled "𝐂𝐨𝐫𝐧 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲 (𝐍𝐚𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐜𝐡, 𝐌𝐨𝐝𝐢𝐟𝐢𝐞𝐝 𝐒𝐭𝐚𝐫𝐜𝐡, 𝐒𝐰𝐞𝐞𝐭𝐞𝐧𝐞𝐫𝐬), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (𝐅𝐨𝐨𝐝 & 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬, 𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝, 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥𝐬 & 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬, 𝐓𝐞𝐱𝐭𝐢𝐥𝐞, 𝐏𝐚𝐩𝐞𝐫 & 𝐂𝐨𝐫𝐫𝐮𝐠𝐚𝐭𝐞𝐬, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐", The global corn starch market size reached 86.4 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 106.3 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2.3% during 2024-2032.

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐫𝐞𝐟𝐞𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/corn-starch-manufacturing-plant/requestsample

𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐀𝐟𝐟𝐞𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐫𝐧 𝐒𝐭𝐚𝐫𝐜𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐃𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬:

The corn starch industry is currently experiencing significant growth due to its expanding usage in various sectors. In the food and beverage industry, corn starch is extensively utilized as a thickening agent and stabilizer for its texturizing properties. It plays a crucial role in products like soups, sauces, gravies, and processed foods. Beyond food, its application in the pharmaceutical sector as a binder and disintegrant in tablets and capsules is driving the product demand. Additionally, corn starch finds extensive usage in the paper and textile industries as an adhesive component, further broadening its market scope. The versatility of corn starch in diverse applications contributes to its steady market growth.

𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲:

Technological advancements in the production of corn starch have a pivotal role in propelling the industry growth. Modern techniques in processing and manufacturing have enhanced the efficiency and quality of corn starch production. These advancements include improved methods of extraction and refining, which result in higher purity and better quality of the product. Moreover, technological innovations have led to the development of modified corn starches tailored for specific industrial applications, further stimulating market growth. The ongoing research and development (R&D) activities in this field are expected to yield more efficient and cost-effective production processes, making corn starch more accessible and versatile.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐨𝐟 𝐁𝐢𝐨-𝐛𝐚𝐬𝐞𝐝 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬:

There is an increasing consumer preference for bio-based and eco-friendly products, which positively influences the growth of the corn starch industry. As a natural and biodegradable product, corn starch is perceived as a sustainable alternative to synthetic materials in various applications. This global shift toward eco-friendly products is particularly evident in the packaging and plastic industries, where corn starch-based bioplastics are gaining immense popularity owing to their lower environmental impact. Furthermore, the growing awareness of health and wellness is catalyzing the demand for natural and organic products, including corn starch, in the food industry. This trend is anticipated to continue, supporting the growth of the corn starch market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐫𝐧 𝐒𝐭𝐚𝐫𝐜𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Cargill
Incorporated
Archer Daniels Midland (ADM) Company
Ingredion Incorporated
Roquette Frères S.A
Tate & Lyle PLC

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐭𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: https://www.imarcgroup.com/corn-starch-manufacturing-plant

𝐂𝐨𝐫𝐧 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐲 𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲:

Native Starch
Modified Starch
Sweeteners

Sweeteners account for the majority of the market share due to the widespread use of corn-based sweeteners like high-fructose corn syrup in numerous food products, offering a cost-effective and versatile sugar alternative.

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

Food & Beverages
Animal Feed
Pharmaceuticals & Chemicals
Textile
Paper & Corrugates
Others

Food & beverages hold the largest market share owing to the extensive use of corn starch as a thickening agent, stabilizer, and filler in a myriad of food products, from baked goods to beverages.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

United States' dominance in the corn starch market is attributed to the substantial corn production in the region, coupled with the escalating product demand from diverse industries like food & beverages, pharmaceuticals, and paper manufacturing.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐫𝐧 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The corn starch industry is currently witnessing notable trends, primarily driven by technological advancements and shifting consumer preferences. At present, there is a growing inclination toward bio-based and sustainable products, making corn starch a preferred choice in diverse industries, including bioplastics and packaging. Besides this, the development of modified corn starches tailored for specific industrial uses is further propelling market growth. Additionally, the rising adoption of corn starch in health-conscious food products aligns with the increasing demand for natural and organic ingredients, thus fueling market growth. These trends reflect an evolving market landscape where versatility and sustainability are key drivers.

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

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

IMARC Group

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