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Asia Pacific Corn Starch Market By Product (Native Starch, Modified Starch And Sweeteners) By Application (Food And Beverages, Animal Feed, Pharmaceuticals And Chemicals, Textile, Paper And Corrugates, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 2779
Pages: 145

Asia Pacific Corn Starch Market Growth and Forecast (2022 - 2027):

Asia Pacific Corn Starch Market was worth USD 6.40 billion in 2021 and estimated to be growing at a CAGR of 6.4 %, to reach USD 9.58 billion by 2026. After cellulose, starch is the most abundant carbohydrate in nature. It can be found in seeds, roots and tubers of higher plants for energy storage. Corn is currently the most commonly used accounting for around 80% of the total global starch production.

Market Overview:

Corn starch is used in a variety of applications such as animal feed, food and beverages, pharmaceuticals and chemicals, textiles, and paper.

Drivers and Restraints:

Asia Pacific corn starch market is expected to witness significant growth owing to increasing usage in food & beverages, processed food, paper & board and detergent industries. Corn starch also finds its application in treating glycogen storage disease (GSD). This application is anticipated to have positive impact on corn starch market in the near future. One of the major practices adopted by food producers is to add varying amount of corn starch in order to reduce costs. This in turn boosts the growth of the market. As ethanol is replacing petrol, it further drives the market as corn starch is a raw material of corn starch. Substitution threat from tapioca and cassava in food industry is presumed to impose significant threat to the market over the forecast period.

Asia Pacific Corn Starch Market Segmentation Analysis:

Asia Pacific market for Corn Starch is broadly categorized by product- Native starch, Modified starch and Sweeteners. Based on Application, the market is further segmented into Food and Beverages, Animal feed, Pharmaceuticals and chemicals, Textile, Paper and Corrugates and Others. By product, sweeteners segment accounts for about 50% of the total revenue share and is likely to lead over the forecast period. The modified starch segment is expected to grow at a significant rate in the next few years. By application, food and beverages is the major segment of this market.

Region Analysis:

On the basis of geography, the market is analysed under various regions namely India, China, Japan, Australia. The demand for corn starch in Asia Pacific is projected to be driven by countries such as India and China. This region is projected to exhibit the highest CAGR.

Key Players in the Market:

Major corn starch market participants include Cargill Incorporated, HL Agro, Oji Cornstarch, Global Bio- chem Technology Group, Grain Processing Corporation, Croda international, Akzo Nobel NV, Bayer AG, Ajinomoto Company Incorporated, Henkel KGaA.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Native Starch         

                                5.1.3 Modified starch    

                                5.1.4 Sweeteners            

                                5.1.5  Y-o-Y Growth Analysis, By Product              

                                5.1.6  Market Attractiveness Analysis, By Product            

                                5.1.7  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Food and beverages           

                                5.2.3 Animal Feed           

                                5.2.4 Pharmaceuticals and chemicals      

                                5.2.5 Textile       

                                5.2.6 Paper and corrugates         

                                5.2.7 Others      

                                5.2.8 Y-o-Y Growth Analysis, By Application         

                                5.2.9 Market Attractiveness Analysis, By Application       

                                5.2.10 Market Share Analysis, By Application      

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Cargill Inc.                    

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Grain Processing Corporation                             

                8.3 Bayer AG                     

                8.4 Associated British Foods plc                

                8.5 Minnesota Corn Processors LLC.                       

                8.6 Cognis Corporation                 

                8.7 Calpis Company                        

                8.8 BASF                              

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  2. Asia-Pacific Native starch Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia-Pacific Modified starch Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia-Pacific Sweeteners Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia-Pacific Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )
  6. Asia-Pacific Food and beverages Market By Region, From 2022 - 2027 ( USD Billion )
  7. Asia-Pacific Animal feed Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia-Pacific Pharmaceuticals and chemicals Market By Region, From 2022 - 2027 ( USD Billion )
  9. Asia-Pacific Textile Market By Region, From 2022 - 2027 ( USD Billion )
  10. Asia-Pacific Paper and corrugates Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  12. Japan Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  13. Japan Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )
  14. China Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  15. China Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )
  16. India Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  17. India Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )
  18. Australia Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  19. Australia Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )
  20. South Korea Corn Starch Market By Product, From 2022 - 2027 ( USD Billion )
  21. South Korea Corn Starch Market By Application, From 2022 - 2027 ( USD Billion )

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