The Industrial Starch market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with ease of availability as well as high efficiency of alternatives to natural starch like cassava. Thus, the market has witnessed rapid growth in the recent years and is expected to maintain the trend in the years to come.
Latin America Market for Industrial Starch had a market value of USD 9.91 billion in 2018 and is forecasted to exhibit a CAGR of 6.69% and reach USD 13.7 billion by 2023.
Industrial Starch is mainly used by industries for adhesive purposes and has a wide range of applications. It is generally obtained from various sources such as wheat, cassava, potato etc. Starch has variety of uses not only in food industry but in the non-food industries as well, like textile, paper, mining, building materials, due to its adhesive property.
The market has experienced a sudden shift in its value in recent years which can be attributed to various factors. Some of the major ones include rise in demand for adhesive products in various industries, recent growth of food processing industry, growing need for convenience foods and the various functional benefits of starch. On the other side, the market faces various challenges and restraints as well, including high investment costs of R&D, growth of the Arabic Gum market and also the availability of alternates like resin glue for the adhesive purposes of starch.
The Latin America Industrial Starch market is broadly classified on the basis of source, type, application and form. The segmentation on the basis of type is done under potato, wheat, corn and cassava. The corn segment led the market share. On the basis of type, the market is categorized into native starch and derivatives & sweeteners. The starch derivatives and sweeteners accounted for the highest market share under type segmentation due to reduced limitation as well as higher efficiency. Under segmentation by applications, the various segments are food & beverages, feed and paper industry. The food and beverages industry holds the highest share in the market sue to the growing need for starch in food products. Lastly, the segmentation based on form, is done into Liquid as well as Dry form and the respective market share is dominated by the liquid form due to high efficiency. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Some of companies fighting for dominance in the market, by their products and services include Cargill, Ingredion Incorporated, Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Tate & Lyle PLC, Grain Processing Company, The Tereos Group, Roquette Frères, Altia Industrial Services, Royal Cosun.
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 Source
5.1.1 Introduction
5.1.2 Corn
5.1.3 Wheat
5.1.4 Potato
5.1.5 Cassava
5.1.6 Y-o-Y Growth Analysis, By Source
5.1.7 Market Attractiveness Analysis, By Source
5.1.8 Market Share Analysis, By Source
5.2 Type
5.2.1 Introduction
5.2.2 Native Starch
5.2.3 Starch Derivatives & Sweeteners
5.2.3.1 Modified Starch
5.2.3.2 Other Derivatives & Sweeteners
5.2.4 Others
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Feed
5.3.3 Food & Beverages
5.3.4 Other Applications
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Forms
5.4.1 Introduction
5.4.2 Liquid
5.4.3 Dry
5.4.4 Y-o-Y Growth Analysis, By Forms
5.4.5 Market Attractiveness Analysis, By Forms
5.4.6 Market Share Analysis, By Forms
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 Source
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Form
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Form
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Form
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
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
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 Archer Daniels Midland Company
8.3 Ingredion Incorporated
8.4 Tate & Lyle PLC
8.5 Argana Beteiligungs AG
8.6 Grain Processing Company
8.7 Roquette Freres
8.8 The Tereos Group
8.9 Royal Cosun
8.10 Altia Industrial Services
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
