Corn Starch Market Share, Size, Growth, Analysis, Report 2023-2028
According to IMARC Group latest published report, titled “Corn Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” that the global corn starch market size reached 84.2 Million Tons in 2022. Looking forward, the market expected to reach 98.2 Million Tons by 2028, exhibiting a growth rate (CAGR) of 2.65% during 2023-2028.
Corn starch refers to a white, tasteless, and odorless powder extracted from the white endosperm present in the middle of a corn kernel. The product is gluten-free, which acts as an alternative to flour thickeners in marinades, stews, sauces, gravies, glaze recipes, etc. Corn starch is commonly utilized in the food and beverage (F&B) industry to coat fruits in tarts, pies, or other desserts to add texture. Furthermore, corn starch also finds various applications in coating paper, producing boxboard, and insulating material board. It is widely used in the pharmaceutical industry as a disintegrant and binder in tablets, emulsions, and ointments.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/corn-starch-manufacturing-plant/requestsample
Covid-19 Scenario:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Scenario with Key Players:
The competitive landscape of the market has also been analyzed, with some of the corn starch brands are:
- Cargill, Incorporated
- Archer Daniels Midland (ADM) Company
- Ingredion Incorporated
- Roquette Frères S.A
- Tate & Lyle PLC
Global Corn Starch Market Trends:
The rising utilization of corn starch as a thickening agent in several cuisines and the escalating demand for processed food products are driving the global market. Moreover, corn starch finds numerous applications in the textile industry to offer stiffness and add weight to clothes. Besides this, compostable and thermal insulation made using corn starch-based foam is suitable for shipping temperature-sensitive products, thereby propelling the market growth.
In line with this, with the growing environmental concerns, bioplastics derived from corn starch are becoming popular over fossil-fuel plastics. Apart from this, the escalating demand for oral pharmaceutical products due to the increasing prevalence of diseases, such as glycogen storage diseases, is anticipated to bolster the corn starch market over the forecasted period.
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=609&flag=C
Global Algae Market Report Coverage and Industry Segmentation:
The report cover the below key market segments:
Breakup by Category:
- Native Starch
- Modified Starch
- Sweeteners
Breakup by Application:
- Food & Beverages
- Animal Feed
- Pharmaceuticals & Chemicals
- Textile
- Paper & Corrugates
- Others
Regional Insights:
- United States
- China
- European Union
- Others
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Comments
Post a Comment