Industrial Starches Market has got hike in the Food & packaging industry | top leaders are Cargill, Incorporated, Archer Daniels Midland

Abstract Report Description

Introduction-
Industrial starches is transformed into sugars, by malting, and fermented to yield ethanol to manufacture biofuel, whisky and beer. It is extracted and refined from seeds, roots and tubers, by using various process such as wet grinding, washing, sieving and drying. It is treated to yield different by products which are used in various food processes. Industrial starch when dissolved in warm water, has various application such as thickeners, adhesive, emulsifiers, and others. Moreover industrial starches are highly used as an adhesive in paper, packaging material manufacturing, processed food which included snacks, baked food, condiments and others.
There is rise in demand for adhesive from the packaging industry as e-commerce industry is growing in recent years, higher demand for convenience food as fast food chains are growing, are major driving forces for industrial starches market. Globally the market for industrial starches is estimated to grow at the rate of about 4% from 2016 to 2022.

Key Players
The Leading Market Players in the global industrial starches market primarily are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Agrana Beteiligungs-AG (Austria), Grain Processing Corporation (U.S.), and Roquette Frères (France)

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Regional Analysis
The global industrial starches market is in the entire world; to name few regions where this market exist are North America, Europe, China and Asia Pacific. Among these North America has the major market share followed by APAC. Asia-Pacific is projected to grow at the fastest rate in the coming years owing to increasing consumption of starch, its derivatives, and sweeteners. North America dominated the industrial starches market and is projected to reach a volume of 43.92 MMT in 2022, growing at a CAGR of 3.93% from 2016 to 2022. Due to the lower raw materials & production costs as well as less stringent environment regulations Asia-Pacific region is in a better position to produce starch at more competitive prices than developed countries in European and North American region.

Segments
Industrial starches market has been segmented on the basis of source of industrial starches, market is segmented into corn, wheat, cassava, potato, and other sources. On the basis of form, market is segmented into powder, liquid, gel and others. On basis of application, market is segmented into food & beverages and non-food application, food application includes confectionery, processed food, beverages, and others. Non-food applications includes corrugation and papermaking, personal care, pharmaceuticals, textiles, and others includes mining & drilling, construction & building, adhesives, chemicals and animal feed.

Study Objectives of Industrial starches Market Forecast to 2022
•Detailed analysis for individual micro and macro markets for industrial starches
•To estimate market size by type, by form, by source, by application and region
•To understand the export and import dynamics of industrial starches
•To provide regional level market analysis and future outlook for U.S., Europe, China, Japan, and South-East Asia
•Company profiling of major players & competitive positioning for the Industrial starches market
•Value chain analysis and supply chain analysis of industrial starches
•Analysis of historical market trends & technologies, innovations in application & product, sustainability Issues, and current government regulatory requirements related to Industrial starches market

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Target Audience
•Industrial starches manufacturers
•Food and beverages manufacturers
•Textiles
•Pharmaceuticals
•Personal Care
•Retailers & wholesalers
•commerce companies
•Traders, importers and exporters

Key Findings
•Corrugation & paper making is expected to witness a highest growth rate 4%
•Rise in demand for sweeteners from the range of food & beverage sector will grow at CAGR 4.06%
•In North American region U.S. dominates the market.
Regional and Country Analysis of Industrial starches Market Development and Demand Forecast to 2022 Market
As per the MRFR analysis, the global Industrial starches market is poised to reach 111.61 MMT in 2022, to grow at a CAGR of 4.00 % during the forecasted period.
The reports also cover country level analysis:

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