Corn starch, sometimes referred to as corn flour, is a carbohydrate extracted from the endosperm of corn. This white powdery substance is used for many culinary, household, and industrial purposes. Globally, rise in adoption in food & beverages, processed food, paper & board and detergent industries, increasing replacement trend of petroleum with ethanol, higher production of value-added chemicals, rising animal feed market, wider range applications of corn starch are the prime growth drivers of global corn starch market. In addition, technological advancement in the field of biotechnology, emergence of new fermentation organisms, and increase in adoption of corn starch in emerging economies such as China, India and others, will create new opportunities for global corn starch market. However, higher cost of the research and development, rising prices of raw materials due to adverse climatic conditions, and stringent government regulations and approval process are the key restraints for global corn starch market.
Geographically Asia Pacific dominated global corn starch market because of rapidly increasing population, growing food and beverage, cosmetics and pharmaceuticals industries, changing lifestyles of customers, rising incomes, purchasing power, increasing animal feed industry, rise in consumer awareness, and favourable government policies in developing nations such as China, and India in this region. Among all the application, food & beverages has the highest market share in global corn starch market.
This report identifies the global corn starch market size in for the year 2015-2017, and forecast of the same for year 2025. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global corn starch market.
This report segments global corn starch market on the basis of type, application, and regional market as follows:
- Corn Starch Market, By Product: Hydrolyzed Starch, Ether Starch, Resistance Starch, Hybrid Natural Starch, and Pre-Gelatinized Starch
- The report has focused study on corn starch market by basis of application such as: Food & Beverages, Animal Feed, Pharmaceuticals & Chemicals, Textile, Paper and Corrugated, and others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies Profiled in this Report are:
- Cargill Incorporated
- Grain Processing Corporation
- Croda international
- Akzo Nobel NV
- Bayer AG