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.
According to this study, over the next five years the Corn Starch market will register a 4.6% CAGR in terms of revenue, the global market size will reach USD 29200 million by 2024, from USD 22300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Corn Starch business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Corn Starch market by product type, application, key manufacturers and key regions and countries.
This study considers the Corn Starch value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Non-GM Corn Starch
General Corn Starch
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Starch Sugar
Beer
Food Industry
Paper Industry
Medicine
Modified Starch
Chemical Industry
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
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 addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Corn Starch consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Corn Starch market by identifying its various subsegments.
Focuses on the key global Corn Starch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Corn Starch with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Corn Starch submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
