Corn Starch Market By Global Market Share, Size, Demand, Sales, Price, Revenue, Gross Margin Forecast Till 2023
Corn Starch Market 2017-2023
Market Highlights
Corn starch or maize starch is the starch derived from the corn (maize) grain. The starch is obtained from the endosperm of the kernel. Corn starch is a popular food ingredient used in soups, sauces, and gravies and is used in making corn syrup and other sugars.
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Regional Analysis
On the basis of region, the global Corn Starch Market has been segmented by North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global Corn Starch Market owing to the increasing prevalence of gluten intolerance and celiac disease, especially in the US.
Segmentation
Based on type, the global Corn Starch Market has been segmented into native, modified, and sweeteners. The sweeteners segment accounted for the maximum market share in 2018 and is expected to grow at a higher rate during the forecast period due to high usage of sweeteners in food & beverage industry. Modified starch performs function like emulsification, thickening, and stabilization. Thus, it is mainly preferred globally to be used in convenience or processed food such as noodles, soups, sauces, dressings, spreads, beverages, and others. Hence, the segment is expected to account for a substantial share of the market during the forecast period.
Key Players
Some of the key players in the global Corn Starch Market are 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), and Calpis Company (Japan).
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