Corn Starch Market Research Report: Information by Type (Native, Modified, and Sweeteners), Application (Food & Beverage, Pharmaceuticals and Nutraceuticals, Animal Feed, and Others), Region (North America, Europe, Asia-Pacific, and RoW) — Global Forecast till 2027
ID: MRFR/F-B & N/6016-HCR | February 2021 | Region: Global | 90 Pages
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Internal Rivalry
5 Market Dynamics of Global Corn Starch Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6. Global Corn Starch Market, by Type
6.1 Introduction
6.2 Native
6.2.1 Market Estimates & Forecast, 2020–2027
6.2.2 Market Estimates & Forecast, by Region, 2020–2027
6.3 Modified
6.3.1 Market Estimates & Forecast, 2020–2027
6.3.2 Market Estimates & Forecast, by Region, 2020–2027
6.4 Sweeteners
6.4.1 Market Estimates & Forecast, 2020–2027
6.4.2 Market Estimates & Forecast, by Region, 2020–2027
7. Global Corn Starch Market, by Application
7.1 Introduction
7.2 Food & Beverage
7.2.1. Market Estimates & Forecast, 2020–2027
7.2.2. Market Estimates & Forecast, by Region, 2020–2027
7.2.3 Bakery & Confectionary
7.2.3.1 Market Estimates & Forecast, 2020–2027
7.2.3.2 Market Estimates & Forecast, by Region, 2020–2027
7.2.4 Sweet & Savory Snacks
7.2.4.1 Market Estimates & Forecast, 2020–2027
7.2.4.2 Market Estimates & Forecast, by Region, 2020–2027
7.2.5 Others
7.2.5.1 Market Estimates & Forecast, 2017–2027
7.2.5.2 Market Estimates & Forecast, by Region, 2017–2027
7.3 Pharmaceuticals and Nutraceuticals
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast, by Region, 2020–2027
7.4 Animal Feed
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast, by Region, 2020–2027
7.5 Others
7.5.1 Market Estimates & Forecast, 2020–2027
7.5.2 Market Estimates & Forecast, by Region, 2020–2027
8. Global Corn Starch Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.3 Market Estimates & Forecast, by Application, 2020–2027
8.2.4 US
8.2.4.1 Market Estimates & Forecast, 2020–2027
8.2.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.4.3 Market Estimates & Forecast, by Application, 2020–2027
8.2.5 Canada
8.2.5.1 Market Estimates & Forecast, 2020–2027
8.2.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.5.3 Market Estimates & Forecast, by Application, 2020–2027
8.2.6 Mexico
8.2.6.1 Market Estimates & Forecast, 2020–2027
8.2.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.6.3 Market Estimates & Forecast, by Application, 2020–2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.4 Germany
8.3.4.1 Market Estimates & Forecast, 2020–2027
8.3.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.4.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.5 France
8.3.5.1 Market Estimates & Forecast, 2020–2027
8.3.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.5.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.6 Italy
8.3.6.1 Market Estimates & Forecast, 2020–2027
8.3.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.6.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.7 Spain
8.3.7.1 Market Estimates & Forecast, 2020–2027
8.3.7.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.7.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.8 UK
8.3.8.1 Market Estimates & Forecast, 2020–2027
8.3.8.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.8.3 Market Estimates & Forecast, by Application, 2020–2027
8.3.9 Rest of Europe
8.3.9.1 Market Estimates & Forecast, 2020–2027
8.3.9.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.9.3 Market Estimates & Forecast, by Application, 2020–2027
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2020–2027
8.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.3 Market Estimates & Forecast, by Application, 2020–2027
8.4.4 China
8.4.4.1 Market Estimates & Forecast, 2020–2027
8.4.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.4.3 Market Estimates & Forecast, by Application, 2020–2027
8.4.5 India
8.4.5.1 Market Estimates & Forecast, 2020–2027
8.4.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.5.3 Market Estimates & Forecast, by Application, 2020–2027
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2020–2027
8.4.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.6.3 Market Estimates & Forecast, by Application, 2020–2027
8.4.7 Australia & New Zealand
8.4.7.1 Market Estimates & Forecast, 2020–2027
8.4.7.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.7.3 Market Estimates & Forecast, by Application, 2020–2027
8.4.8 Rest of Asia-Pacific
8.4.8.1 Market Estimates & Forecast, 2020–2027
8.4.8.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.8.3 Market Estimates & Forecast, by Application, 2020–2027
8.5 Rest of the World (RoW)
8.5.1 Market Estimates & Forecast, 2020–2027
8.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.3 Market Estimates & Forecast, by Application, 2020–2027
8.5.4 South America
8.5.4.1 Market Estimates & Forecast, 2020–2027
8.5.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.4.3 Market Estimates & Forecast, by Application, 2020–2027
8.5.5 The Middle East
8.5.5.1 Market Estimates & Forecast, 2020–2027
8.5.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.5.3 Market Estimates & Forecast, by Application, 2020–2027
8.5.6 Africa
8.5.6.1 Market Estimates & Forecast, 2020–2027
8.5.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.6.3 Market Estimates & Forecast, by Application, 2020–2027
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis
(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments
10. Company Profiles
10.1 Archer Daniels Midland Company
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 Cargill, Incorporated
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Grain Processing Corporation
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 Croda international
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Akzo Nobel NV
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Bayer AG
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 Ajinomoto Company Incorporated
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 Henkel KGaA
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 Associated British Foods plc
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
10.10 Calpis Company
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Strategy
10.10.5 Key Developments
10.10.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
Table 1 Global Corn Starch Market, by Region, 2020–2027 (USD Million)
Table 2 Global Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 3 Global Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 4 North America: Corn Starch Market, by Country, 2020–2027 (USD Million)
Table 5 North America: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 6 North America: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 7 US: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 8 US: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 9 Canada: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 10 Canada: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 11 Mexico: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 12 Mexico: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 13 Europe: Corn Starch Market, by Country, 2020–2027 (USD Million)
Table 14 Europe: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 15 Europe: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 16 Germany: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 17 Germany: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 18 France: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 19 France: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 20 Italy: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 21 Italy: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 22 Spain: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 23 Spain: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 24 UK: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 25 UK: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 26 Rest of Europe: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 27 Rest of Europe: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 28 Asia-Pacific: Corn Starch Market, by Country, 2020–2027 (USD Million)
Table 29 Asia-Pacific: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 30 Asia-Pacific: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 31 China: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 32 China: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 33 India: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 34 India: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 35 Japan: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 36 Japan: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 37 Australia & New Zealand: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 38 Australia & New Zealand: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 39 Rest of Asia-Pacific: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 40 Rest of Asia-Pacific: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 41 Rest of the World (RoW): Corn Starch Market, by Country, 2020–2027 (USD Million)
Table 42 Rest of the World (RoW): Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 43 Rest of the World (RoW): Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 44 South America: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 45 South America: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 46 Middle East: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 47 Middle East: Corn Starch Market, by Application, 2020–2027 (USD Million)
Table 48 Africa: Corn Starch Market, by Type, 2020–2027 (USD Million)
Table 49 Africa: Corn Starch Market, by Application, 2020–2027 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Corn Starch Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Corn Starch Market
FIGURE 4 Value Chain of Global Corn Starch Market
FIGURE 5 Share of Global Corn Starch Market in 2020, by Country (%)
FIGURE 6 Global Corn Starch Market, by Region, 2020–2027,
FIGURE 7 Global Corn Starch Market Size, by Type, 2020
FIGURE 8 Share of Global Corn Starch Market, by Type, 2020–2027 (%)
FIGURE 9 Global Corn Starch Market Size, by Application, 2020
FIGURE 10 Share of Global Corn Starch Market, by Application, 2020–2027 (%)
Corn Starch Market
Corn Starch Market Size is anticipated to reach USD 17,066.5 million by 2030, registering a CAGR of 6.6% during 2020-2030
$17,066.5 Million
Market Size
6.6%
CAGR
North America
Dominating Region
2020-2030
Forecast Period
Segmentation
Key Players
- Archer Daniels Midland Company (US)
- Cargill
- Incorporated (US)
- Grain Processing Corporation (US)
- Croda international (UK)
- AkzoNobel NV (Netherlands)
- Bayer AG (Germany)
- Ajinomoto Company Incorporated (Japan)
- Henkel AG & Company
- KGaA (Germany)
- Associated British Foods plc (UK)
- Calpis Company (Japan)
Drivers
- Growing demand in bakery
- Rising incidences of gluten intolerance and celiac disease
- Used in binding agent
- Used in animal feed
Corn Starch Market Overview
Starches are increasingly used as a culinary additive in various applications, including thickening sauces, molding gums, and controlling viscosity in baking components. Because of its variety of food, feed, and industrial applications, the corn starch market is predicted to grow rapidly. Corn starch is added to food goods to solidify and stabilize them. In recent years, the rising use of starch and its byproducts have been forced by the growing preference for convenience foods. Corn starch market growth is aided by customers' desire for organic and clean-label products. In response to the increased health-conscious consumers, manufacturers are releasing various new items to capture a piece of the growing market.
Alternative products, such as wheat, tapioca, and arrowroot, obstruct product demand growth. The product is devoid of nutrition and only adds calories to the consumer's diet. When used in cooking, it develops at a somewhat slower rate. The usage of modified products in foods is restricted in this industry due to legal restrictions. Meteorological conditions circumstances that are unfavorable to this product's overall manufacturing and supply chain may impact the commodity price in the forecast period.
Segmentation
The global corn starch market has been segmented based on type, application, and region.
By type, the global corn starch industry has been classified as native, modified, and sweeteners.
The global corn starch market has also been segregated, on the basis of application, into food & beverage, pharmaceutical and nutraceuticals, animal feed and others. The food & beverage segment has further been divided into bakery and confectionery, sweet and savory snacks, and others.
The global corn starch industry has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American corn starch market has further been segmented into the US, Canada, and Mexico. The European corn starch market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The corn starch market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The corn starch industry in the rest of the world has been segmented into South America, the Middle East, and Africa.
Regional Market Summary
Global Corn Starch Market Share (%), by Region, 2017
Source: Secondary Sources and MRFR Analysis
North America is expected to dominate the market for corn starch during the forecast period owing to the increasing adoption of gluten-free ingredients by the food & beverage industry. Rising incidences of gluten intolerance and celiac disease in the US are the major driver for the growth of the corn starch market in North America. Europe is also expected to hold a significant share of the global corn starch market due to rising demand for corn starch in bakery applications in food & beverage. Germany and the UK are the major contributors to the growth of the European corn starch industry. The market in Asia-Pacific is projected to register the highest CAGR during the forecast period with China and India being the largest country-level markets for corn starch in the region. The application of corn starch in animal feed is driving the growth of the regional corn starch market. The use of corn starch used as a binding agent in the preparation of various dishes is likely to drive market growth in the rest of the world.
Recent Development
Mar 2022 Promateris, a Romanian industrial conglomerate and market leader in biodegradable and compostable material in Central and Eastern Europe, has announced its intention to raise its share capital. The proposed capital increase is designed to continue Promateris' expansion trajectory. The increase in share capital is intended to enable Promateris to speed its expansion and improve its position in the region by facilitating organic growth and M&A prospects. Promateris will also begin producing maize starch-based raw materials to create biodegradable and recyclable packaging. Promateris will be the first organization in Eastern Europe to create corn starch raw materials by establishing its recipes and techniques for this new line of business.
Global Market, by Type
- Native
- Modified
- Sweeteners
Global Market, by Application
- Food & Beverage
- Bakery and Confectionery
- Sweet and savory snacks
- Others
- Phamaceuticals and Nutraceuticals
- Animal Feed
- Others
Global Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Key Players in the Global Market
- Archer Daniels Midland Company (US)
- Cargill, Incorporated (US)
- Grain Processing Corporation (US)
- Croda international (UK)
- AkzoNobel NV (Netherlands)
- Bayer AG (Germany)
- Ajinomoto Company Incorporated (Japan)
- Henkel AG & Company, KGaA (Germany)
- Associated British Foods plc (UK)
- Calpis Company (Japan)
Intended Audience
- Corn starch producers/processors
- Food & beverage manufacturers
- Animal feed manufacturers
- Raw material suppliers and distributors
- Traders, exporters, and importers
