Global demand for Corn Starch Market was valued at approximately USD 17.3 billion in 2019, and is expected to generate revenue of around USD 28.3 billion by end of 2026, growing at a CAGR of around 7.3 % between 2020 and 2026.
The global Corn Starch market, which accrued revenue worth 17.3 (USD Billion) in 2019, is slated record the CAGR of nearly 7.3% over the period from 2020 to 2026. The report offers assessment and analysis of the Corn Starch market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, Type estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Starch is a natural polymer produced by plants in abundance and corn starch is one of its kind. Apparently, corn starch is derived from maize and is a common food constituent that is often utilized in order to thicken soups and make corn sugars & corn soups. In addition to this, corn starch is adaptable, can be easily modified, and finds slew of applications in adhesives, paper items, and textile production. Moreover, it is also used as anti-sticking agent and is utilized in Animal Feed sector.
Market Growth Drivers
Mechanical features and solubility of the product in water will drive the market trends. Apart from this, rise in the use of the product in food & beverages, paper & board, processed food, and detergents will proliferate the expansion of the market over the estimated timespan. In addition to this, corn starch is also utilized treating of human beings against glycogen storage ailment.
Furthermore, food producers minimize the manufacturing costs through addition of varying proportion of corn starch in food products and this will further boost the market growth in the foreseeable future. Escalating use of ethanol as a biofuel feedstock instead of petroleum will further expedite the growth of industry over the forthcoming years. Additionally, extensive product penetration in paper & textile sectors and its use as stabilizer will drive the market trends. However, unfavorable climate conditions can obstruct production of corn starch as well as hinder the supply chain of the product affecting its costs and this can impede the market growth.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
North America To Retain Its Industry Dominance Even In Future
The growth of the market in North America over the forecast timeline is due to massive product utilization in animal feed along with its use in producing pet food, pharmaceutical, and personal care & cosmetic items in the countries like the U.S. Moreover, U.S. is the largest corn manufacturer. Additionally, intake of convenience diet as well as RTE snacks will steer the regional market trends over the forthcoming years.
Key players influencing the market growth include Tate & LyleGrain Processing Corporation, Avebe, Ingredion Incorporated, Cargill, and Ajinomoto Company.
The global corn starch market is segmented as follows:
By Type
By Application
By Region
List of Figures
1. Market research process
2. Market research methodology
3. Global Corn Starch Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Corn Starch Market attractiveness, By Type
6. Global Corn Starch Market attractiveness, By Application
7. Global Corn Starch Market share by Type ,2019 and 2026 (USD Billion)
8. Global Corn Starch Market by Modified Starch,2016–2026(USD Billion)
9. Global Corn Starch Market by Native Starch,2016–2026(USD Billion)
10. Global Corn Starch Market by Sweetners,2016–2026(USD Billion)
11. Global Corn Starch Market share by Application ,2019 and 2026 (USD Billion)
12. Global Corn Starch Market by Paper & Corrugated,2016–2026(USD Billion)
13. Global Corn Starch Market by Animal Feed,2016–2026(USD Billion)
14. Global Corn Starch Market by Textile,2016–2026(USD Billion)
15. Global Corn Starch Market by Food & Beverages,2016–2026(USD Billion)
16. Global Corn Starch Market by Pharmaceuticals,2016–2026(USD Billion)
17. Global Corn Starch Market by Others,2016–2026(USD Billion)
18. Global Corn Starch Market share, by Region, 2019 and 2026
19. North America Corn Starch Market, 2016–2026(USD Billion)
20. Europe Corn Starch Market, 2016–2026(USD Billion)
21. Asia Pacific Corn Starch Market, 2016–2026(USD Billion)
22. Latin America Corn Starch Market, 2016–2026(USD Billion)
23. The Middle East and Africa Corn Starch Market, 2016–2026(USD Billion)
List of Tables
1. Global Corn Starch Market: snapshot
2. Drivers of the Corn Starch Market: impact analysis
3. North America Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
4. North America Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
5. The U.S. Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
6. The U.S. Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
7. Rest of North America Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
8. Rest of North America Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
9. Europe Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
10. Europe Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
11. UK Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
12. UK Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
13. France Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
14. France Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
15. Germany Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
16. Germany Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
17. Rest of Europe Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
18. Rest of Europe Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
19. Asia Pacific Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
20. Asia Pacific Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
21. China Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
22. China Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
23. Japan Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
24. Japan Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
25. India Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
26. India Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
27. Rest of Asia Pacific Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
28. Rest of Asia Pacific Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
29. Latin America Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
30. Latin America Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
31. Brazil Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
32. Brazil Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
33. Rest of Latin America Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
34. Rest of Latin America Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
35. The Middle East and Africa Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
36. The Middle East and Africa Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
37. Saudi Arabia Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
38. Saudi Arabia Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
39. South Africa Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
40. South Africa Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
41. Rest of the Middle East & Africa Corn Starch Market revenue, By Application, 2016–2026(USD Billion)
42. Rest of the Middle East & Africa Corn Starch Market revenue, By Type, 2016–2026(USD Billion)
Request the coronavirus impact analysis across industries and markets
Rise in the use of the product in food & beverages, paper & board, processed food, and detergents will proliferate the expansion of the market over the estimated timespan.
The CAGR of the industry is expected to be nearly 7.3% during the forecast timeline.
North America will contribute remarkably towards the global market share over the estimated timeline.
The key market players include Tate & Lyle, Grain Processing Corporation, Avebe, Ingredion Incorporated, Cargill, and Ajinomoto Company.
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