Corn Starch Market Disrupted by Usage of Ethanol as a Biofuel

Increased usage of ethanol as a biofuel is an emerging trend which is boosting the growth of the global corn starch market. As per the findings of a newly published market research report of IndustryARC, the global corn starch market size was around $10.1 billion to $10.5 billion in 2018 and is projected to thrive at a CAGR ranging from 4.5% to 5.5% during the forecast period 2019-2025. Increasing adoption of starch derivatives in various end-user industries such as food and beverages, chemicals, and paper and board industries is driving the growth of the global corn starch market. The report is titled “Corn Starch Market: By Product (Hydrolysed, Ether, Resistance, Hybrid Natural, & Pre-Gelatinized), By Application (Food & Beverages, Animal Feed, Pharmaceuticals & Chemicals, Textile, Paper & Corrugated, & others) & By Region - Forecast(2019 - 2025).”

Corn starch acts as a disintegrating agent, extensively used in pharmaceuticals for the manufacturing of dispersible tablets. It is also used for the treatment of glycogen storage diseases in humans by preventing excess storage of glycogen in the liver. These factors altogether are positively effecting the global corn starch market growth. Additionally, the cumulative usage of starch in mix food items such as cake mixes, corn syrup, and sugars had increased the demand for agro corn starch in the last couple of years. 

Food and beverages industry is estimated to be the fastest growing application, to grow at a notable CAGR of around 5% to 6% over the forecast period. This significant rise in the demand for various food products such as cornmeal, pretzels, and flour, which contain corn starch as key ingredient as it is a great source of vitamins and nutrients. As per the findings of United Nations International Children's Emergency Fund organization, around 38.3 million children under the age of five years are suffering from overweight due to malnutrition. This can be minimized by the usage of corn starch in food items, which also contains essential minerals required for the healthy growth of the child.

North America held a major share in the global essential oils market, which was accounted around 30% to 32% in 2018. This dominance is mainly due to the increased usage of corn starch in the animal feed. According to the report of United states Department of Agriculture, it was stated that the cattle population in U.S alone is around 103,200 million in 2018. Corn starch is added to animal feed to maintain healthy nutrition levels and in turn increasing the demand of corn starch in this region.

Cargill Incorporated, Grain Processing Corporation, Croda international, Akzo Nobel NV, Bayer AG, Ajinomoto Company Incorporated, Henkel KGaA, Associated British Foods plc, Calpis Company, Archer-Daniels-Midland Company, DuPont (EI) de Nemours, and BASF SE. are some of the key companies which are identified in the global corn starch market report 

Modified Starch Market: By types of modified starch; By functions; By End User Industry; By raw materials; By Production methods; By Geography - Forecast (2018-2023)

India Corn Starch Market: By Product (Hydrolyzed Starch, Ether Starch, Resistance Starch and Others); By Application (Food & Beverages, Animal Feed, Pharmaceuticals and Others) & Region - Forecast(2018 - 2023)