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 - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

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 - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 2894 | Pages: 170 | April 2018 | Region: Global


Global Corn Starch Market was worth USD 24.27 billion in 2018 and estimated to be growing at a CAGR of 4.8%, to reach USD 30.68 billion by 2023. 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. Starch is extracted from various natural products like- corn, cassava, wheat and potato and in a lesser amount from rice, barley, sorghum, sago, etc. Corn is currently the most commonly used accounting for around 80% of the total global starch production. Corn starch is obtained from the endosperm of the corn kernel.

It is used for many culinary, household, and industrial purposes. In the kitchen, corn starch is regularly used as a thickening agent for sauces, gravies, glazes, casseroles, pies, soups, and other desserts. It is also used in making corn syrup and bio plastics. Corn starch is gluten free product and only includes carbohydrates.

The significant demand for convenience and ready to eat food items has been largely responsible for the considerable growth of this market. The increasing consumption of ready-to-mix food items and soaring demand for cake mixes, coffee mixes, and instant tea mixes has also resulted in an increased demand for corn starch over the last couple of years. An increased yield of genetically modified corn has resulted in a high output of maize. As a result, there is an assured supply of corn starch made available to food industries. With the rise in the strengthening economies of Asia-Pacific region, many companies and industries have come up in that region. This in turn has lead to an increase in the demand for paper, hence boosting the growth of the corn starch market. Tapioca and Cassava are some of the corn substitutes which are being used nowadays, restricting the growth of the corn starch market in the years to come. There has been an increase in the use of cassava in the past few years.

The Global 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. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The Corn Starch market was dominated by North America, with the overall market share of over 35% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Major corn starch market participants include Cargill Incorporated, Grain Processing Corporation, Croda international, Akzo Nobel NV, Bayer AG, Ajinomoto Company Incorporated, Henkel KGaA, Associated British Foods plc, Calpis Company, Archer-Daniels-Midland Company, DuPont (EI) de Nemours, and BASF. Other players operating in the market include Minnesota Corn Processors LLC., Monsanto Company, Cognis Corporation, Cerestar USA Incorporated, and Novo Nordisk A/S.

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 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

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                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Corn Starch Market By Region, From 2018-2023 ( USD Billion )
  2. Global Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  3. Global Native starch Market By Region, From 2018-2023 ( USD Billion )
  4. Global Modified starch Market By Region, From 2018-2023 ( USD Billion )
  5. Global Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  6. Global Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  7. Global Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  8. Global Animal feed Market By Region, From 2018-2023 ( USD Billion )
  9. Global Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  10. Global Textile Market By Region, From 2018-2023 ( USD Billion )
  11. Global Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  12. Global Others Market By Region, From 2018-2023 ( USD Billion )
  13. North America Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  14. North America Native starch Market By Region, From 2018-2023 ( USD Billion )
  15. North America Modified starch Market By Region, From 2018-2023 ( USD Billion )
  16. North America Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  17. North America Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  18. North America Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  19. North America Animal feed Market By Region, From 2018-2023 ( USD Billion )
  20. North America Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  21. North America Textile Market By Region, From 2018-2023 ( USD Billion )
  22. North America Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  23. North America Others Market By Region, From 2018-2023 ( USD Billion )
  24. United States Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  25. United States Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  26. Canada Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  27. Canada Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  28. Europe Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  29. Europe Native starch Market By Region, From 2018-2023 ( USD Billion )
  30. Europe Modified starch Market By Region, From 2018-2023 ( USD Billion )
  31. Europe Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  32. Europe Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  33. Europe Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  34. Europe Animal feed Market By Region, From 2018-2023 ( USD Billion )
  35. Europe Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  36. Europe Textile Market By Region, From 2018-2023 ( USD Billion )
  37. Europe Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  38. Europe Others Market By Region, From 2018-2023 ( USD Billion )
  39. U.K. Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  40. U.K. Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  41. Germany Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  42. Germany Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  43. France Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  44. France Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  45. Italy Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  46. Italy Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  47. Spain Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  48. Spain Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  49. Asia-Pacific Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  50. Asia-Pacific Native starch Market By Region, From 2018-2023 ( USD Billion )
  51. Asia-Pacific Modified starch Market By Region, From 2018-2023 ( USD Billion )
  52. Asia-Pacific Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  53. Asia-Pacific Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  54. Asia-Pacific Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  55. Asia-Pacific Animal feed Market By Region, From 2018-2023 ( USD Billion )
  56. Asia-Pacific Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  57. Asia-Pacific Textile Market By Region, From 2018-2023 ( USD Billion )
  58. Asia-Pacific Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  59. Asia-Pacific Others Market By Region, From 2018-2023 ( USD Billion )
  60. Japan Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  61. Japan Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  62. China Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  63. China Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  64. India Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  65. India Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  66. Australia Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  67. Australia Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  68. South Korea Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  69. South Korea Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  70. Latin America Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  71. Latin America Native starch Market By Region, From 2018-2023 ( USD Billion )
  72. Latin America Modified starch Market By Region, From 2018-2023 ( USD Billion )
  73. Latin America Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  74. Latin America Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  75. Latin America Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  76. Latin America Animal feed Market By Region, From 2018-2023 ( USD Billion )
  77. Latin America Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  78. Latin America Textile Market By Region, From 2018-2023 ( USD Billion )
  79. Latin America Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  80. Latin America Others Market By Region, From 2018-2023 ( USD Billion )
  81. Brazil Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  82. Brazil Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  83. Argentina Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  84. Argentina Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  85. Mexico Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  86. Mexico Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  87. Rest of Latin America Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  88. Rest of Latin America Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  89. Middle East & Africa Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  90. Middle East & Africa Native starch Market By Region, From 2018-2023 ( USD Billion )
  91. Middle East & Africa Modified starch Market By Region, From 2018-2023 ( USD Billion )
  92. Middle East & Africa Sweeteners Market By Region, From 2018-2023 ( USD Billion )
  93. Middle East & Africa Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  94. Middle East & Africa Food and beverages Market By Region, From 2018-2023 ( USD Billion )
  95. Middle East & Africa Animal feed Market By Region, From 2018-2023 ( USD Billion )
  96. Middle East & Africa Pharmaceuticals and chemicals Market By Region, From 2018-2023 ( USD Billion )
  97. Middle East & Africa Textile Market By Region, From 2018-2023 ( USD Billion )
  98. Middle East & Africa Paper and corrugates Market By Region, From 2018-2023 ( USD Billion )
  99. Middle East & Africa Others Market By Region, From 2018-2023 ( USD Billion )
  100. Middle East Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  101. Middle East Corn Starch Market By Application, From 2018-2023 ( USD Billion )
  102. Africa Corn Starch Market By Product, From 2018-2023 ( USD Billion )
  103. Africa Corn Starch Market By Application, From 2018-2023 ( USD Billion )
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