PUBLISHER: Renub Research | PRODUCT CODE: 1125959
PUBLISHER: Renub Research | PRODUCT CODE: 1125959
Corn Starch Market, Size, Global Forecast 2022-2027, Industry Trends, Growth, Share, Outlook, Impact of COVID-19, Opportunity Company Analysis
The Global Corn Starch Market will reach US$ 25.65 Billion by 2027. Corn is the most typical raw material used to make starch and starch derivatives worldwide, and corn starch accounts for a large portion of the starch market compared to starch made from rice, potato, cassava, and other sources. Corn starch comes in two different forms: liquid and powder. Surprisingly, the rising demand for convenience foods has forced the greater use of corn starch and derivatives in recent years.
Trends Shaping the Corn Starch Market Size Worldwide:
Corn starch market expansion is aided by consumer preference for organic and clean-label products. As the demand for clean-label and organic products among health-conscious consumer grows, manufacturers are launching a slew of new products to capitalize on the rising market. Corn starch is also gaining popularity as a low-cost, environment friendly alternative to food processors. The Global Corn Starch Industry is expanding at a CAGR of 5.55% from 2021 to 2027.
Boost in Global Corn Starch Market size amid COVID-19 Pandemic:
During the lockdown scenario, corn starch production and sales increased during the COVID-19 Pandemic, increasing demand for naturally-derived corn starch ingredients across the food processing industry due to increased interest in ready-to-cook products and components required for in-home cooking. Furthermore, due to the Pandemic, there has been an increase in demand for corn starch as a clean-label product. Remarkably, the Global Corn Starch Industry reached a market of US$ 18.55 Billion in 2021.
Corn Starch Are Increasingly Utilized in Food and Beverages Worldwide:
Because of its wide range of end uses in food and beverage, animal feed, and paper and board, the corn starch market is likely to grow at a high rate. Corn starch is rapidly being used as a culinary additive in various applications, including thickening sauces, molding gums, and binding baking components. Starches with such beneficial qualities are helping to drive the market forward. Furthermore, modified starches' functional superiority has significantly broadened their use spectrum across various applications.
The Sweetener Type Segment is Anticipated to Hold the Dominant Share in the Corn Starch Market:
The sweetener sub-segment is likely maintain its dominance in the type segment over the predicted years. This is due to increased awareness about sweeteners in most parts of the world. Most food manufacturers employ sweeteners generated from this product because they are cost-effective.
North America holds the Largest Market Share:
We have studied the market of corn starch in North America, Europe, Asia-Pacific, and the rest of the world in our report by region. According to our estimates, North America will continue to dominate the corn starch market throughout the projection period. The United States is the world's most significant producer of corn and its derivatives. One of the factors contributing to the market's growth in the North American area is an increase in the consumption of convenience foods and RTE snacks. Similarly, due to the rising demand for bakery and snack goods, the Asia Pacific area is expected to rise rapidly during the projection period.
Key Players in the Global Corn Starch Market:
Globally, to meet the increased demand from end-user sectors, producers worldwide are focusing on improving the functionality of corn starch ingredients. Cargill Inc, Ingredion Inc, Archer Daniels Midland Company, Tate and Lyle, Atlia Group, Tereos Group, Sudzucker AG, and Global Bio-Chem Technology Group Company Limited are companies that make up the Global Bio-Chem Technology Group. These businesses have engaged in capacity growth and research and development to provide new product options for an expanding market.
Renub Research report titled "Corn Starch Market, & Forecast, by type (Native, Modified, Sweeteners), Region ( North America, Europe, Asia Pacific, ROW), End Use (Food and beverage, Animal feed, Paper and Board and Others),Form (Liquid and Powder), Companies (Cargill Inc, Ingredion Inc, Archer Daniels Midland Company, Tate and Lyle, Atlia Group, Tereos Group, Sudzucker AG and Global Bio-Chem Technology Group Company Limited)" studies the Global Corn Starch Industry and volume in-depth and provides an all-encompassing analysis.
By Type the market has been covered from 3 viewpoints:
1. Native
2. Modified
3. Sweeteners
By Region the market has been covered from 4 viewpoints:
1. North America
2. Europe
3. Asia Pacific
4. Rest of the World
End Use the market has been covered from 4 viewpoints:
1. Food and Beverage
2. Animal Feed
3. Paper and Board
4. Others
By Form the market has been covered from 2 viewpoints:
1. Liquid
2. Powder
Processing process has been studied from 2 viewpoints:
1. Starch Value Chain
2. Corn Starch Production Process
Company Insights:
- Business overview
- Recent Development
- Sales Analysis
Key Players Analysis
1. Cargill Inc
2. Ingredion Inc
3. Archer Daniels Midland Company
4. Tate and Lyle
5. Atlia Group
6. Tereos Group
7. Sudzucker AG
8. Global Bio-Chem Technology Group Company Limited
Table of Contents
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenge
5. Global Corn Starch Market
6. Global Corn Starch Volume
7. Share Analysis - Global Corn Starch Market
- 7.1 By Type
- 7.2 By Region
- 7.3 By End Use
- 7.4 By form
8. Type - Global Corn Starch Market
- 8.1 Native
- 8.2 Modified
- 8.3 Sweeteners
9. Region - Global Corn Starch Market
- 9.1 North America
- 9.2 Europe
- 9.3 Asia Pacific
- 9.4 Rest of the World
10. End Use - Global Corn Starch Market
- 10.1 Food and Beverage
- 10.2 Animal Feed
- 10.3 Paper and Board
- 10.4 Others
11. Form - Global Corn Starch Market
- 11.1 Liquid
- 11.2 Powder
12. Processing Process
- 12.1 Starch Value Chain
- 12.2 Corn Starch Production Process
13. Key Players Analysis
- 13.1 Cargill Inc
- 13.1.1 Business overview
- 13.1.2 Recent Development
- 13.1.3 Sales Analysis
- 13.2 Ingredion Inc
- 13.2.1 Business overview
- 13.2.2 Recent Development
- 13.2.3 Sales Analysis
- 13.3 Archer Daniels Midland Company
- 13.3.1 Business overview
- 13.3.2 Recent Development
- 13.3.3 Sales Analysis
- 13.4 Tate and Lyle
- 13.4.1 Business overview
- 13.4.2 Recent Development
- 13.4.3 Sales Analysis
- 13.5 Atlia Group
- 13.5.1 Business overview
- 13.5.2 Recent Development
- 13.5.3 Sales Analysis
- 13.6 Tereos Group
- 13.6.1 Business overview
- 13.6.2 Recent Development
- 13.6.3 Sales Analysis
- 13.7 Sudzucker AG
- 13.7.1 Business overview
- 13.7.2 Recent Development
- 13.7.3 Sales Analysis
- 13.8 Global Bio-Chem Technology Group Company Limited
- 13.8.1 Business overview
- 13.8.2 Recent Development
- 13.8.3 Sales Analysis
List of Figures
- Figure-01: Global - Corn Starch Market (Billion US$), 2018 - 2021
- Figure-02: Global - Forecast for Corn Starch Market (Billion US$), 2022 - 2027
- Figure-03: Global - Corn Starch Volume (Million Metric Tons), 2018 - 2021
- Figure-04: Global - Forecast for Corn Starch Volume (Million Metric Tons), 2022 - 2027
- Figure-05: Type - Native Market (Billion US$), 2018 - 2021
- Figure-06: Type - Forecast for Native Market (Billion US$), 2022 - 2027
- Figure-07: Type - Modified Market (Billion US$), 2018 - 2021
- Figure-08: Type - Forecast for Modified Market (Billion US$), 2022 - 2027
- Figure-09: Type - Sweeteners Market (Billion US$), 2018 - 2021
- Figure-10: Type - Forecast for Sweeteners Market (Billion US$), 2022 - 2027
- Figure-11: North America - Corn Starch Market (Billion US$), 2018 - 2021
- Figure-12: North America - Forecast for Corn Starch Market (Billion US$), 2022 - 2027
- Figure-13: Europe - Corn Starch Market (Billion US$), 2018 - 2021
- Figure-14: Europe - Forecast for Corn Starch Market (Billion US$), 2022 - 2027
- Figure-15: Asia Pacific - Corn Starch Market (Billion US$), 2018 - 2021
- Figure-16: Asia Pacific - Forecast for Corn Starch Market (Billion US$), 2022 - 2027
- Figure-17: Rest of the World - Corn Starch Market (Billion US$), 2018 - 2021
- Figure-18: Rest of the World - Forecast for Corn Starch Market (Billion US$), 2022 - 2027
- Figure-19: End Use - Food and Beverage Market (Billion US$), 2018 - 2021
- Figure-20: End Use - Forecast for Food and Beverage Market (Billion US$), 2022 - 2027
- Figure-21: End Use - Animal Feed Market (Billion US$), 2018 - 2021
- Figure-22: End Use - Forecast for Animal Feed Market (Billion US$), 2022 - 2027
- Figure-23: End Use - Paper and Board Market (Billion US$), 2018 - 2021
- Figure-24: End Use - Forecast for Paper and Board Market (Billion US$), 2022 - 2027
- Figure-25: End Use - Others Market (Billion US$), 2018 - 2021
- Figure-26: End Use - Forecast for Others Market (Billion US$), 2022 - 2027
- Figure-27: Form - Liquid Market (Billion US$), 2018 - 2021
- Figure-28: Form - Forecast for Liquid Market (Billion US$), 2022 - 2027
- Figure-29: Form - Powder Market (Billion US$), 2018 - 2021
- Figure-30: Form - Forecast for Powder Market (Billion US$), 2022 - 2027
- Figure-31: Cargill Inc - Global Revenue (Billion US$), 2018 - 2021
- Figure-32: Cargill Inc - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-33: Ingredion Inc - Global Revenue (Billion US$), 2018 - 2021
- Figure-34: Ingredion Inc - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-35: Archer Daniels Midland Company - Global Revenue (Billion US$), 2018 - 2021
- Figure-36: Archer Daniels Midland Company - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-37: Tate and Lyle - Global Revenue (Billion US$), 2018 - 2021
- Figure-38: Tate and Lyle - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-39: Atlia Group - Global Revenue (Million US$), 2018 - 2021
- Figure-40: Atlia Group - Forecast for Global Revenue (Million US$), 2022 - 2027
- Figure-41: Tereos Group - Global Revenue (Billion US$), 2018 - 2021
- Figure-42: Tereos Group - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-43: Sudzucker AG - Global Revenue (Billion US$), 2018 - 2021
- Figure-44: Sudzucker AG - Forecast for Global Revenue (Billion US$), 2022 - 2027
- Figure-45: Global Bio-Chem Technology Group Company Limited - Global Revenue (Million US$), 2018 - 2021
- Figure-46: Global Bio-Chem Technology Group Company Limite - Forecast for Global Revenue (Million US$), 2022 - 2027
List of Tables
- Table-01: Global - Corn Starch Market Share by Type (Percent), 2018 - 2021
- Table-02: Global - Forecast for Corn Starch Market Share by Type (Percent), 2022 - 2027
- Table-03: Global -Corn Starch Market Share by Region (Percent), 2018 - 2021
- Table-04: Global - Forecast for Corn Starch Market Share by Region (Percent), 2022 - 2027
- Table-05: Global -Corn Starch Market Share by End User (Percent), 2018 - 2021
- Table-06: Global - Forecast for Corn Starch Market Share by End User (Percent), 2022 - 2027
- Table-07: Global -Corn Starch Market Share by Form (Percent), 2018 - 2021
- Table-08: Global - Forecast for Corn Starch Market Share by Form (Percent), 2022 - 2027
