Diverse Applications of Corn Starch Beyond Cooking and Food and Beverages Industry to Boost its Sales

Transparency Market
Research
Corn Starch Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024
Published Date
15-07-2016
159 Page Report
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Press Release
Global Sales of Corn Starch Notched US$21.2 bn Mark in 2015;
Companies Stretching Application and Innovation Horizon, finds TMR
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Corn Starch Market
REPORT DESCRIPTION
A considerable rise in sales has chalked a positive trajectory for the global corn starch market in the last
few years. According to Transparency Market Research (TMR), the market has been gaining impetus from
favorable year-on-year growth in the paper and textile industry. Besides this, a spurt in the consumption of
convenience food across emerging economies has also proved quite lucrative for corn starch producers.
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Over the years, the demand for corn start has been gradually rising. As consumers across emerging
regions look for potential and cheaper alternatives to cane sugar, the future of corn starch producers
seems promising. Maize plantations have a high output and are rich in starch content, which is one of the
key factors fuelling demand for corn starch as a cheaper alternative for cane sugar. In contrast, the
increasing availability of substitutes such as tapioca has been restraining the market’s growth. Potential
health hazards associated with certain industrial uses of corn starch and the subsequent implementation of
stringent laws are also limiting the scope for the market’s expansion
Nevertheless, according to TMR, the global corn starch market is expected to reach US$22.1 bn by the end
of 2016. Between 2016 and 2024, the market is expected to expand at a CAGR of 4.8%.
Q: How is the market expected to gain from the diverse applications of corn starch?
A: In recent years, the use of genetically-modified corn has significantly increased. This has, in turn,
bolstered access to high-yielding crop varieties. This, combined with the rising consumption of
convenience foods across emerging economies, will bode well for the corn starch market. With the sales of
ready-to-mix foods projected to more than double in the near future, experts foresee favorable growth
opportunities for the market.
Furthermore, the use of corn starch in products such as instant tea, coffee, and cake mixes is expected to
rise considerably. Asia Pacific, during this time, is likely to emerge as the leading consumer of paper and
paper products.
Q: Which geographical segments will exhibit lucrative opportunities for corn starch producers?
A: North America presently leads the global corn starch market, in terms of both volume and value.
However, the market in Asia Pacific is expected to grow at a higher pace in the forthcoming years, as the
region witnesses a surge in demand from the food and beverages, paper, and textile industries. Demand
for corn starch is likely to be exceptionally high in ASEAN, India, and China. Lured by lucrative
opportunities, several prominent companies have invested in the region in the recent past. Besides this,
MEA is also expected to present attractive prospects for corn starch producers.
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Corn Starch Market
Q: What new applications are producers exploring to gain competitive advantage?
A: The market is presently witnessing rising demand for modified corn starch from industries such as
pharmaceuticals and food and beverages. Besides this, its use in the production of eco-friendly bags has
increased as well.
The corn starch market is thus also expected to gain impetus from the rising research and development
activities aimed at finding suitable alternatives to plastic bags. A case in point is the invention of
compostable fabric, suitable for producing durable shopping bags, by two Czech students Tereza
Dvorakova and Cue Hana Nemcova. Made using corn starch and natural dyes, these bags are called
Frusack. They can be reused and are completely compostable after use.
Following suit, Dualit, a popular British manufacturer of tea and coffee capsules, has introduced
compostable capsules including a protective bag, lid, and pod produced using corn starch. These 100%
compostable capsules can be broken down in 90 days by providing natural heat. Increasing research
leading to product innovation will create growth opportunities for the market in the forthcoming years.
Corn start is a versatile powder and a cleaning agent. It boasts a myriad industrial uses ranging from fabric
stiffener in the textile industry to natural deodorizer and moisture-absorbing powder used to prevent
mildew from ruining books and documents. Such diverse applications of corn starch in the food and
beverages industry and beyond have been significantly aiding the expansion of the corn starch market
globally.
TABLE OF CONTENT
1. Executive Summary
2. Assumptions & Acronyms Used
3. Research Methodology
4. Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.2. Manufacturing Process – Wet Milling Process
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4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunity
4.3.4. Value Chain
4.4. Global Market Forecast, 2016–2024
4.4.1. Market Size Value & Volume Forecast
4.4.1.1. Y-o-Y Growth Projections
4.4.1.2. Absolute $ Opportunity
4.5. Global Corn Starch Market Trends
5. Global Market Analysis, By Product Type
5.1. Introduction
5.1.1. Y-o-Y Growth Comparison, By Product Type
5.1.2. Basis Point Share (BPS) Analysis, By Product Type
5.2. Market Forecast By Product Type
5.2.1. Native Starch
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Value Forecast
5.2.2. Modified Starch
5.2.2.1. Absolute $ Opportunity
5.2.2.2. Market Value Forecast
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5.2.3. Sweeteners
5.2.3.1. Absolute $ Opportunity
5.2.3.2. Market Value Forecast
5.3. Market Attractiveness Analysis, By Product Type
5.4. Prominent Trends
6. Global Market Analysis, By Application
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison, By Application
6.1.2. Basis Point Share (BPS) Analysis, By Application
6.2. Market Forecast By Application
6.2.1. Food & Beverages
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value Forecast
6.2.2. Animal Feed
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value Forecast
6.2.3. Pharmaceuticals & Chemicals
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Value Forecast
6.2.4. Textile
6.2.4.1. Absolute $ Opportunity
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Corn Starch Market
6.2.4.2. Market Value Forecast
6.2.5. Paper & Corrugates
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Value Forecast
6.2.6. Others
6.2.6.1. Absolute $ Opportunity
.2.6.2. Market Value Forecast
6.3. Market Attractiveness Analysis, By Application
6.4. Prominent Trends
7. Global Market Analysis, By Region
7.1. Introduction
7.1.1. Y-o-Y Growth Projections, By Region
7.1.2. Basis Point Share (BPS) Analysis, By Region
7.2. Regional Attractiveness Analysis
8. North America Market Analysis
8.1. Introduction
8.1.1. Absolute $ Opportunity
8.1.2. Market Value Forecast
8.2. North America Market Forecast
8.2.1. Market Value & Volume Forecast By Country
8.2.1.1. U.S.
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Corn Starch Market
8.2.1.2. Canada
8.2.2. Market Value & Volume Forecast By Product Type
8.2.2.1. Native Starch
8.2.2.2. Modified Starch
8.2.3. Market Value & Volume Forecast By Application
8.2.3.1. Food & Beverages
8.2.3.2. Animal Feed
8.2.3.3. Pharmaceuticals & Chemicals
8.2.3.4. Textile
8.2.3.5. Paper & Corrugates
8.2.3.6. Others
8.2.4. Market Attractiveness Analysis
8.2.4.1. By Country
8.2.4.2. By Product Type
8.2.4.3. By Application
8.2.5. Key Trends
9. Latin America Market Analysis
9.1. Introduction
9.1.1. Absolute $ Opportunity
9.1.2. Market Value Forecast
9.2. Latin America Market Forecast
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Corn Starch Market
9.2.1. Market Value & Volume Forecast By Country
9.2.1.1. Mexico Absolute $ Opportunity
9.2.1.2. Brazil Absolute $ Opportunity
9.2.1.3. Rest of LATAM Absolute $ Opportunity
9.2.2. Market Value & Volume Forecast By Product Type
9.2.2.1. Native Starch
9.2.2.2. Modified Starch
9.2.2.3. Sweeteners
9.2.3. Market Value & Volume Forecast By Application
9.2.3.1. Food & Beverages
9.2.3.2. Animal Feed
9.2.3.3. Pharmaceuticals & Chemicals
9.2.3.4. Textile
9.2.3.5. Paper & Corrugates
9.2.3.6. Others
9.2.4. Market Attractiveness Analysis
9.2.4.1. By Country
9.2.4.2. By Product Type
9.2.4.3. By Application
9.2.5. Key Trends
10. Europe Market Analysis
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Corn Starch Market
10.1.Introduction
10.1.1. Absolute $ Opportunity
10.1.2. Market Value Forecast
10.2. Europe Market Forecast
10.2.1. Market Value & Volume Forecast By Country/Region
10.2.1.1. Germany Absolute $ Opportunity
10.2.1.2. France Absolute $ Opportunity
10.2.1.3. U.K. Absolute $ Opportunity
10.2.1.4. Spain Absolute $ Opportunity
10.2.1.5. Italy Absolute $ Opportunity
10.2.1.6. Nordic Absolute $ Opportunity
10.2.1.7. Benelux Absolute $ Opportunity
10.2.1.8. Russia Absolute $ Opportunity
10.2.1.9. Poland Absolute $ Opportunity
10.2.1.10. Rest of Europe Absolute $ Opportunity
10.2.2. Market Value & Volume Forecast By Product Type
10.2.2.1. Native Starch
10.2.2.2. Modified Starch
10.2.2.3. Sweeteners
10.2.3. Market Value & Volume Forecast By Application
10.2.3.1. Food & Beverages
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Corn Starch Market
10.2.3.2. Animal Feed
10.2.3.3. Pharmaceuticals & Chemicals
10.2.3.4. Textile
10.2.3.5. Paper & Corrugates
10.2.3.6. Others
10.2.4. Market Attractiveness Analysis
10.2.4.1. By Country
10.2.4.2. By Product Type
10.2.4.3. By Application
10.2.5. Key Trends
11. APEJ Market Analysis
11.1.Introduction
11.1.1. Absolute $ Opportunity
11.1.2. Market Value Forecast
11.2.APEJ Market Forecast
11.2.1. Market Value & Volume Forecast By Country/Region
11.2.1.1. China Absolute $ Opportunity
11.2.1.2. India Absolute $ Opportunity
11.2.1.3. ASEAN Absolute $ Opportunity
11.2.1.4. Japan Absolute $ Opportunity
11.2.1.5. Australia & New Zealand Absolute $ Opportunity
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11.2.1.6. Rest of APEJ Absolute $ Opportunity
11.2.2. Market Value & Volume Forecast By Product Type
11.2.2.1. Native Starch
11.2.2.2. Modified Starch
11.2.2.3. Sweeteners
11.2.3. Market Value & Volume Forecast By Application
11.2.3.1. Food & Beverages
11.2.3.2. Animal Feed
11.2.3.3. Pharmaceuticals & Chemicals
11.2.3.4. Textile
11.2.3.5. Paper & Corrugates
11.2.3.6. Others
11.2.4. Market Attractiveness Analysis
11.2.4.1. By Country
11.2.4.2. By Product Type
11.2.4.3. By Application
11.2.5. Key Trends
12. Middle East & Africa Market Analysis
12.1.Introduction
12.1.1. Absolute $ Opportunity
12.1.2. Market Value Forecast
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12.2.Middle East & Africa Market Forecast
12.2.1. Market Value & Volume Forecast By Country/Region
12.2.1.1. GCC Absolute $ Opportunity
12.2.1.2. North Africa Absolute $ Opportunity
12.2.1.3. South Africa Absolute $ Opportunity
12.2.1.4. Rest of MEA Absolute $ Opportunity
12.2.2. Market Value & Volume Forecast By Product Type
12.2.2.1. Native Starch
12.2.2.2. Modified Starch
12.2.2.3. Sweeteners
12.2.3. Market Value & Volume Forecast By Application
12.2.3.1. Food & Beverages
12.2.3.2. Animal Feed
12.2.3.3. Pharmaceuticals & Chemicals
12.2.3.4. Textile
12.2.3.5. Paper & Corrugates
12.2.3.6. Others
12.2.4. Market Attractiveness Analysis
12.2.4.1. By Country
12.2.4.2. By Product Type
12.2.4.3. By Application
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Corn Starch Market
12.2.5. Key Trends
13. Competition Landscape
13.1.Competition Dashboard
13.2. Company Profiles
13.2.1. Cargill Group
13.2.1.1. Company Overview
13.2.1.2. Starch Products Presence
13.2.1.3 Business Strategies
13.2.1.4. Product Offerings
13.2.1.5. Key Developments
13.2.1.6. Regional Overview
13.2.1.7. Financial Overview
13.2.2. Archer Daniels Midland Company
13.2.2.1. Company Overview
13.2.2.2. Starch Products Presence
13.2.2.3 Business Strategies
13.2.2.4. Product Offerings
13.2.2.5. Key Developments
13.2.2.6. Regional Overview
13.2.2.7. Financial Overview
13.2.3. Kent Corporation – Grain Processing Corporation
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13.2.3.1. Company Overview
13.2.3.2. Starch Products Presence
13.2.3.3 Business Strategies
13.2.3.4. Product Offerings
13.2.3.5. Key Developments
13.2.3.6. Regional Overview
13.2.4. Associated British Foods plc
13.2.4.1. Company Overview
13.2.4.2. Starch Products Presence
13.2.4.3 Business Strategies
13.2.4.4. Product Offerings
13.2.4.5. Key Developments
13.2.4.6. Regional Overview
13.2.4.7. Financial Overview
13.2.5. Global Bio-chem Technology Group Company Limited
13.2.5.1. Company Overview
13.2.5.2. Starch Products Presence
13.2.5.3 Business Strategies
13.2.5.4. Product Offerings
13.2.5.5. Key Developments
13.2.5.6. Regional Overview
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13.2.5.7. Financial Overview
13.2.6. AGRANA – Beteiligungs AG
13.2.6.1. Company Overview
13.2.6.2. Starch Products Presence
13.2.6.3 Business Strategies
13.2.6.4. Product Offerings
13.2.6.5. Key Developments
13.2.6.6. Regional Overview
13.2.6.7. Financial Overview
13.2.7. Ingredion Incorporated
13.2.7.1. Company Overview
13.2.7.2. Starch Products Presence
13.2.7.3 Business Strategies
13.2.7.4. Product Offerings
13.2.7.5. Key Developments
13.2.7.6. Regional Overview
13.2.7.7. Financial Overview
13.2.8. Tate & Lyle PLC
13.2.8.1. Company Overview
13.2.8.2. Starch Products Presence
13.2.8.3 Business Strategies
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13.2.8.4. Product Offerings
13.2.8.5. Key Developments
13.2.8.6. Regional Overview
13.2.8.7. Financial Overview
13.2.9. Roquette Frères S.A.
13.2.9.1. Company Overview
13.2.9.2. Starch Products Presence
13.2.9.3 Business Strategies
13.2.9.4. Product Offerings
13.2.9.5. Key Developments
13.2.9.6. Regional Overview
13.2.10. Tereos Syral S.A.S.
13.2.10.1. Company Overview
13.2.10.2. Starch Products Presence
13.2.10.3 Business Strategies
13.2.10.4. Product Offerings
13.2.10.5. Key Developments
13.2.10.6. Regional Overview
About Us
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Corn Starch Market
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A considerable rise in sales has chalked a positive trajectory for the global corn starch market in the last few years. According to Transparency Market Research (TMR), the market has been gaining impetus from favorable year-on-year growth in the paper and textile industry. Besides this, a spurt in the consumption of convenience food across emerging economies has also proved quite lucrative for corn starch producers. View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=328