Corn starch, also known as corn flour and maize starch, is derived from corn through the process of wet milling, steeping, grinding, purifying, and drying. Corn starch is widely adopted as a staple food ingredient across the globe. In addition, it is extensively used in packaged food and food processing industries. Extracted from the kernel of corn, maize starch imparts superior texture, enhanced viscosity, and other desired properties to food products ranging from microwaveable goods to canned chilled frozen extruded snacks and dry mixes. Furthermore, it is extensively used as a gelling agent and thickening agent for sauces and puddings soups. Moreover, it serves as an economical option over other property enhancers, which fuels its demand, thereby boosting the growth of the global market.

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Corn starch is included in the category of products that is purchased by consumers frequently. Hence, the demand for such products remains consistent among consumers. However, the outbreak of the novel coronavirus has significantly affected the growth of the corn starch market, globally. Slight decline has been witnessed in the sale of corn starch products due to the disruption of supply chain and reduction in the out-of-home consumption of food during the pandemic.

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The players in the global corn starch market have adopted product launch as their key development strategy to increase profitability and strengthen their foothold in the global corn starch market share. The key players profiled in the report include Archer Daniels Midland Company, Associated British Foods Plc, AGRANA - Beteiligungs AG, Cargill, Inc., Ingredion Incorporated, Tate & Lyle PLC, Roquette Frères S.A, Hodgson Mill, ACH Food Companies, and Global Bio-Chem Technology Group Company Limited.

Key Benefits For Stakeholders

• The report provides a quantitative analysis of the current corn starch market trends, estimations, and dynamics from 2019 to 2027 to identify the prevailing opportunities.
• Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis and the market size and segmentation assist to determine the prevailing market corn starch market opportunities.
• The major countries in each region are mapped according to their revenue contribution to the market.
• The market player positioning facilitates benchmarking and provides a clear understanding of the present position of the key players in the corn starch industry

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