Corn Starch Market Trend | Growth Opportunities, Key Driven Factors, Industry Highlights Forecast to 2023
Research Reports
Jan 11, 2021
Market Overview
According to the Latest Report by Market Research Future (MRFR), the global Corn Starch Market is expected to acquire a Significant Market valuation over the review period, at a remarkable CAGR.
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Key Players
the key players operating in the Global Corn Starch Market are Croda International (UK), Grain Processing Corporation (US), Archer Daniels Midland Company (US), Ajinomoto Company Incorporated (Japan), AkzoNobel NV (Netherlands), Associated British Foods plc (UK), Bayer AG (Germany), Cargill, Incorporated (US), Henkel AG & Company, KGaA (Germany) and Calpis Company (Japan)
Segmental Analysis
The global Corn Starch Market has been segmented based on type, application, and region.
Types of corn starch available in the market are native, modified, and sweeteners.
Regional Analysis
The global market for corn starch has been segmented into Europe, North America, Asia-Pacific, and the rest of the world.
North America is predicted as the largest region in the global corn starch market and is expected to lead the market for corn starch during the forecast period. This is owing to the growing adoption of gluten-free ingredients by the food & beverage industry, driven by the consumer shift towards gluten-free products. Rising incidence of gluten intolerance, allergies, and celiac disease in the US are the major contributing factors for the growth of the corn starch market in North America over the review period.
Europe is also considered a significant region in the global corn starch market and is expected to hold a noteworthy share of the global corn starch market over the review period. This growth is due to the increasing demand for corn starch in the food industry, especially in the bakery applications in food & beverage. Germany and the UK, followed by France and Italy, are the major contributors to the growth of the corn starch market in Europe over the forecast period.
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