Corn Starch Market Industry Analysis, Trends, Segment & Forecast up to 2021
Sarasota, FL -- (SBWIRE) -- 09/06/2016 -- Corn starch is sometimes referred as corn flour or maize starch. The starch is obtained from the endosperm of the kernel. It is used for many culinary, household, and industrial purposes. In the kitchen, corn starch is regularly used as a thickening agent for sauces, gravies, glazes, casseroles, pies, soups, and other desserts. It is also used in making corn syrup and bioplastics. Corn starch is gluten free product and made from corn and only includes carbohydrates.
Rising replacement trend of petroleum with ethanol is projected to be the major driving factor for this market over the forecast period. The global corn starch market is anticipated to experience significant growth over the forecast due to increasing usage in processed food, paper & board, food & beverages, and detergent industries. Corn starch is also beneficial for humans in treating glycogen storage disease (GSD). Increasing usage & application of corn starch in end-user industries is also one of the key drivers of the global corn starch market. Rising prices of raw materials and the growing number of substitutes such as tapioca are expected to curtail corn starch market growth.
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The report includes the detailed competitive landscape of the global corn starch market and an analysis of Porter's five forces model for the corn starch market has also been included. It includes company market share analysis, the product portfolio of the major industry participants. The report provides detailed segmentation of the corn starch market based on product, application, and region segment.
The corn starch market is segmented on the basis of product into native starch, modified starch and sweeteners. Sweetener is one of the leading segments in the corn starch market. Key application markets for corn starch includes pharmaceuticals & chemicals, food & beverages, animal feed, textile, paper making and others. Food and beverages were the major application segment of this market in 2015.
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Major regional segments analyzed in this study include North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India, and Brazil. North America dominated the corn starch market in 2015.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Tereos Syral S.A.S, Roquette Frères S.A., Tate & Lyle PLC, Cargill, Archer Daniels Midland Company, Associated British Foods plc, Global Bio-chem Technology Group, Ingredion Incorporated, Vijayawada Chemicals, and AGRANA – Beteiligungs AG.
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This report segments the global corn starch market as follows:
Corn Starch Market: Product Segment Analysis
Corn Starch Market: Application Segment Analysis
Pharmaceuticals & Chemicals
Food & Beverages
Corn Starch Market: Regional Segment Analysis
Middle East And Africa
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