Sunday, January 29, 2023
Home Business Corn Starch Market Report, Industry Overview, Growth Rate and Forecast 2026

Corn Starch Market Report, Industry Overview, Growth Rate and Forecast 2026

The global corn starch market reached a volume of 78.8 Million Tons in 2020. The market expects to exhibit around 96 Million Tons by 2026, expanding at a CAGR of 3.3 % during 2021-2026. according to the latest report by IMARC Group.

Corn starch refers to the starch derived from the endosperm of the kernel of corn grain. It is a white, powdery substance which is widely used as a thickening, stabilizing, binding and emulsifying agent. It is an almost flavorless starch that mixes well with a variety of food items. It is extensively used in the preparation of soups, sauces, glazes, pies, desserts and gravies. Apart from the food and beverages industry, it is also widely utilized in the healthcare industry for the treatment of glycogen storage disease (GSD).

Request for a sample copy of this research report: https://www.imarcgroup.com/corn-starch-manufacturing-plant/requestsample

Global Corn Starch Market Trends:

The thriving food and beverages industry is one of the key factors driving the market growth. Owing to busy schedules and inflating disposable income levels, consumers are continually making a shift towards comfort and processed food items, which extensively use corn starch in their production. In addition to this, corn starch is gaining rapid preference amongst health-conscious consumers as it is gluten-free in nature. It is also widely preferred by vegans across the globe who often mix it with water to use as a substitute for eggs in cooking and baking. Moreover, it is widely used as an industrial starch in paper manufacturing and the textile industry to provide stiffness to clothes. Apart from this, manufacturers are now utilizing corn starch-derived polymers to manufacture products like polybags, diapers, water bottles, plates, containers, cups, straws and cutlery. Rising environmental concerns have led users to adopt these sustainable products instead of their plastic counterparts.

Competitive Landscape

Some of the key players being:

  • Cargill,
  • Ingredion Incorporated (INGR),
  • Archer Daniels Midland Company (NYSE: ADM),
  • Tate & Lyle Plc (OTCMKTS: TATYY)
  • Roquette.

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

Key Insights from the Report:

On the basis of the category, sweeteners represent the largest market segment. Other major categories include native starch and modified starch.

Based on the application, the market has been segregated into food and beverages, animal feed, pharmaceuticals and chemicals, textile, paper and corrugates, and others. Amongst these, food and beverages account for the majority of the market share.

On the geographical front, the market has been classified into the United States, China, European Union and Others. At present, the United States holds the leading position in the market.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

RELATED ARTICLES

How does Entrepreneurship Education Help You Leverage Your Creativity?

Education is the key to development. But will the traditional education system help you in your startup plans? Startup plans mean having...

Does event management have a good future?

Event management is one of the fastest-growing and dynamic industries, as with changing times, people are more interested in investing in the...

Mircari Review – A Comparison Between Poshmark and Mircari

Mircari is an e-commerce platform that was founded in 2013. Its main product is a mobile app that connects buyers and sellers....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Somber Smithing Stone 3 : Different Methods to know

In this article we will go over the different methods for obtaining the Somber Smithing Stone 3, which can be found in...

How does Entrepreneurship Education Help You Leverage Your Creativity?

Education is the key to development. But will the traditional education system help you in your startup plans? Startup plans mean having...

Overview of Masseter Botox

Overview of Masseter Botox: Botox can be described as injectable to relax muscles. It is a drug that uses onabotulinumtoxinA which is a neurotoxin...

Different ways to fix Update Google Chrome

Different ways to fix Update Google Chrome: If you're like me, you probably use Google Chrome as your primary web browser. It's...