Corn Starch Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Corn starch, it is a carbohydrate extracted from the endosperm of corn. This white powdery substance is used for many culinary, household, and industrial purposes. In the kitchen, corn starch is most often used as a thickening agent for sauces, gravies, glazes, soups, casseroles, pies, and other desserts.
Currently, approximately more than 80% of global corn starch concentrated in the United States and China, in which the American is the world's largest producer of corn starch, and be able to maintain low prices.
In recent years, Affected by the downstream demand., corn starch prices have go down, meanwhile, Due to lack of downstream market demand, there was no major breakthrough, leading to some producers in recent years, capacity utilization declined.
China in recent years, corn starch output growth declining, mainly because of China's corn starch capacity has serious excess production, most of the Chinese companies operating rate hovering at 60 percent, some small and medium enterprises operating rate less than 50%.
Similarly, affected by raw material prices, Chinese corn starch have no obvious advantage, Chinese corn starch have no competitive in foreign markets, less exports in recent years. After 2015 - 2016 industry reshuffle, China's corn starch industry is gradually mature. Less blind expansion.
Currently, the global corn starch market is saturated, corn starch businesses should consider, for further processing of corn starch to form a complete industrial chain, so that the higher corn products market control.
Currently, corn starch is mainly used for the production of starch sugar, downstream practical application is relatively simple, although corn starch have applications in other fields, but with respect to the food industry, small amount, so how to promote the use of corn starch, is the key factor in the development of corn starch industry.
The Global Corn Starch Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Corn Starch Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
ADM
Cargill
Ingredion (Penford Products)
Tate & Lyle Americas
Roquette
Argo
Gea
AVEBE
Nihon Shokuhin Kak
Japan Corn Starch
Sanwa Starch
Zhucheng Xingmao
Changchun Dacheng
Xiwang Group
Luzhou Group
COPO
China Starch
Baolingbao Biology
Xi'an Guowei
Lihua Starch
Henan Julong Biological Engineering
Hebei Derui Starch Company
Corn Development Company
Longlive
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Non-GM Corn Starch
General Corn Starch
In Market segmentation by applications :
Starch Sugar
Beer
Food Industry
Paper Industry
Medicine
Modified Starch
Chemical Industry
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Corn Starch Market for the forecast period 2023 - 2030?
• What are the driving forces in the Corn Starch Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Corn Starch industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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