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    Global Corn Starch Market Report by Type (Native, Modified, Sweeteners), Form (Powder, and Liquid), End-Use (Food and beverage, Animal feed, Paper and Board, and Others), Region and Company Analysis 2024-2032

    Excel: 8 Hours
    PDF: 24 Hours
    Apr 2024
    Pages: 200

    Global Corn Starch Market Analysis

    Global Corn Starch Market was valued at US$ 20.43 billion in 2023. The CAGR at which it is expected to grow is 7.94%. Renub Research estimated the value to be US$ 40.64 billion by 2032.

    Corn starch is a common element in many kitchens. It is a fine white powdery substance derived from corn kernels. Corn starch is used in small quantities to thicken sauces, soups, and gravies. It is a famous option for flour, resulting in a clearer, smoother sauce than flour, which could remove lumps from the mixture. One of the critical advantages of corn starch is its capacity to stand up to high temperatures and acidic conditions, making it ideal for use in many recipes. It also has an impartial taste and does not change the dish’s flavor. Starch constitutes most of the biomass of the corn hybrid and is the most critical and central yield element in corn breeding programs. It is utilized in various industries, along with paper, textiles, and commercial applications. The United States, China, and the European Union are substantial manufacturers of corn starch.


    Global Corn Starch Growth Trends

    •  Growing Customer Choice for Natural and Organic Ingredients

    The global corn starch market flourishes because of the rise in purchaser choice for organic and natural ingredients in food products. Health-conscious consumers are increasingly seeking products with reduced synthetic components and chemicals. For instance, Ingredion, a primary ingredient solutions company, delivered PURITY Bio 201 organic native corn starch in the United States and Canada, catering to this demand. Corn starch, derived naturally from corn, aligns with this trend. This drives its demand as a thickening agent, stabilizer, and texturizer in numerous food merchandise globally.


    •  Rise in demand for Resistant Starch

    The growing demand for resistant starch is expected to drive the global corn starch market. It resists digestion in the small intestine and acts as a prebiotic in the large. It also promotes helpful bacteria and maintains gut health. A study performed by Cancer Prevention Research on nearly 900 human beings with Lynch syndrome revealed that resistant starch can reduce certain cancers, especially those affecting the upper gastrointestinal tract. This solidifies the demand for resistant starch merchandise and highlights the significance of intestine fitness.


    •  Growth in the prevalence of Celiac Diseases

    The increasing occurrence of celiac sickness drives the global corn starch market. According to PubMed studies, celiac disease is standard, with an international occurrence of 1.4%. However, rates can be higher in certain regions, with research showing up to 3% in Sweden and 2.4% in Colorado amongst at-risk infants. Factors consisting of genetics, gender, birth area, and early-life gluten intake can all affect the risk of growing the disease. Females are two times as likely to be affected. Rising celiac awareness drives demand for gluten-free alternatives globally. This is fueling the expansion of the corn starch market.


    The Food and Beverage Industry is essential in the Corn Starch Market

    Food and beverage is one of the leading segments in the global corn starch market. This is because it is extensively used in diverse food products as a versatile additive. Its versatility makes it integral in sauces, soups, baked goods, snacks, and beverages. Demand for processed and comfort foods drives corn starch usage. This is driving its prominence within the food and beverage enterprise.


    United States Corn Starch Market

    The United States is among the leading global corn starch market countries. The United States Department of Agriculture reports that over 95% of US feed grain production is from corn. The nation tops in corn production, consumption, and exports. The farmers of the United States plant approximately 90 million acres of corn yearly, with a maximum of the crop grown within the Heartland area. Thanks to its sizeable corn production and advanced processing competencies, the U.S. has a thriving corn starch enterprise.

    Corn starch's pharmaceutical applications, like tablet fillers and binders, bolster the US market. This is widely used in pharmaceuticals. It is also used in the manufacturing of drug coatings and drugs. Corn starch is included in the FDA's generally identified safe food substances list. Due to its inert nature, affordability, and availability, corn starch is a favored preference for pharmaceutical manufacturers. This is contributing notably to the country's worldwide market leadership.


    Global Corn Starch Company News

    Some major companies are present in the global corn starch market. These are Cargill Inc., Ingredion Inc., Archer Daniels Midland Company, Tate and Lyle, Associated British Foods plc, Tereos Group, Sudzucker AG, and Global Bio-Chem Technology Group Company Ltd.

    • In January 2022 - DFE Pharma added three starch-based excipients to its dietary supplements line, including native maize starch, partially pre-gelatinized starch, and fully gelatinized starch, all of which fall under the Nuroféli brand.
    • In May 2022 - ADM invested in the starch manufacturing plant's infrastructure to increase output. The business expanded its facility in Marshall, Minnesota, to meet growing demand.
    • In September 2022 - Cargill opened a new corn wet mill in Indonesia to meet Asia's growing demand for starch, sweeteners, and feed.
    • In September 2022 - Ingredion Incorporated recently opened a new eco-friendly starch production facility in China, equipped with advanced technology to ensure sustainability.
    • In April 2021 - The United States Grains Council partnered with an Egyptian corn starch manufacturing company to streamline operations and increase profitability.


    Type – Market breakup in 3 viewpoints:

    1.    Native
    2.    Modified
    3.    Sweeteners


    Form – Market breakup in 2 viewpoints:

    1.    Powder
    2.    Liquid


    End-User – Market breakup in 4 viewpoints:

    1.    Food and beverage
    2.    Animal feed
    3.    Paper and Board
    4.    Others


    Country – Market breakup of 25 Countries:

    1.    North America

    1.1    United States
    1.2    Canada

    2.    Europe

    2.1    France
    2.2    Germany
    2.3    Italy
    2.4    Spain
    2.5    United Kingdom
    2.6    Belgium
    2.7    Netherland
    2.8    Turkey

    3.    Asia Pacific

    3.1    China
    3.2    Japan
    3.3    India
    3.4    South Korea
    3.5    Thailand
    3.6    Malaysia
    3.7    Indonesia
    3.8    Australia
    3.9    New Zealand

    4.    Latin America

    4.1    Brazil
    4.2    Mexico
    4.3    Argentina

    5.    Middle East & Africa

    5.1    Saudi Arabia
    5.2    UAE
    5.3    South Africa


    All the Key players have been covered from 3 Viewpoints:

    •    Overview
    •    Recent Development
    •    Revenue Analysis


    Company Analysis:

    1.    Cargill Inc.
    2.    Ingredion Inc.
    3.    Archer Daniels Midland Company
    4.    Tate and Lyle
    5.    Associated British Foods plc
    6.    Tereos Group
    7.    Sudzucker AG
    8.    Global Bio-Chem Technology Group Company Ltd.

     

    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2019 - 2023
    Forecast Period 2024 - 2032
    Market US$ Billion
    Segment Covered Type, Form, End User, and Countries
    Countries Covered United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, Netherland, Turkey, China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, New Zealand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, and South Africa
    Companies Covered Cargill Inc., Ingredion Inc., Archer Daniels Midland Company, Tate and Lyle, Associated British Foods plc, Tereos Group, Sudzucker AG, and Global Bio-Chem Technology Group Company Ltd.
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenge


    5.    Global Corn Starch Market

    6.    Market Share – Global Corn Starch Analysis

    6.1    By Type
    6.2    By Form
    6.3    By End Use
    6.4    By Countries


    7.    Type – Global Corn Starch Market

    7.1    Native
    7.2    Modified
    7.3    Sweeteners


    8.    Form – Global Corn Starch Market

    8.1    Powder
    8.2    Liquid


    9.    End Use – Global Corn Starch Market

    9.1    Food and beverage
    9.2    Animal feed
    9.3    Paper and Board
    9.4    Others


    10.    Countries – Global Corn Starch Market

    10.1    North America

    10.1.1    United States
    10.1.2    Canada

    10.2    Europe

    10.2.1    France
    10.2.2    Germany
    10.2.3    Italy
    10.2.4    Spain
    10.2.5    United Kingdom
    10.2.6    Belgium
    10.2.7    Netherland
    10.2.8    Turkey

    10.3    Asia Pacific

    10.3.1    China
    10.3.2    Japan
    10.3.3    India
    10.3.4    South Korea
    10.3.5    Thailand
    10.3.6    Malaysia
    10.3.7    Indonesia
    10.3.8    Australia
    10.3.9    New Zealand

    10.4    Latin America

    10.4.1    Brazil
    10.4.2    Mexico
    10.4.3    Argentina

    10.5    Middle East & Africa

    10.5.1    Saudi Arabia
    10.5.2    UAE
    10.5.3    South Africa


    11.    Porter’s Five Forces Analysis – Global Corn Starch Market

    11.1    Bargaining Power of Buyers
    11.2    Bargaining Power of Suppliers
    11.3    Degree of Rivalry
    11.4    Threat of New Entrants
    11.5    Threat of Substitutes


    12.    SWOT Analysis – Global Corn Starch Market

    12.1    Strength
    12.2    Weakness
    12.3    Opportunity
    12.4    Threat


    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    Associated British Foods plc

    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 Ltd.

    13.8.1    Business overview
    13.8.2    Recent Development
    13.8.3    Sales Analysis

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