Global Corn Starch Market is estimated to be US$ 31.56 billion by 2030


Posted September 17, 2021 by rjadhav

Global Corn Starch Market accounted for US$ 17.53 billion in 2020 and is estimated to be US$ 31.56 billion by 2030 and is anticipated to register a CAGR of 6.1%. Corn starch is derived from the wheat or corn

 
Global Corn Starch Market accounted for US$ 17.53 billion in 2020 and is estimated to be US$ 31.56 billion by 2030 and is anticipated to register a CAGR of 6.1%. Corn starch is derived from the wheat or corn (maize) grain. Corn starch is attained from the endosperm of the kernel. After cellulose, corn starch is the most used carbohydrate in the nature. Corn starch is used for many household, culinary, and industrial purposes. It is often used in kitchen as a thickening agent for glazes, gravies, sauces, soups, casseroles, pies, and other desserts. It is also used in the preparation of corn syrup and bio plastics. It also pays a major role in treatment of glycogen storage disease. Corn starch is a major raw material for ethanol production.
The report “Global Corn Starch Market, By Product (Modified Starch, Native Starch, and Sweetener), By Application (Pharmaceuticals and Chemicals, Food and Beverages, Animal Feed, Textile, Paper Making, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”
Key Highlights:
• In 2021, Defence Research and Development Organization (DRDO) launches biodegradable laddu bags made of corn starch at Tirumala.
• In 2021, Lostboyslab, collaborated with Reflow, launched two collections of new rPLA 3D filaments, particularly for design professionals in extrusion 3D printing. Based on recycled PLA, now with a matte finish and a world’s first color matched filament using the Natural color system (NCS colors)
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Corn-Starch-Market-By-797
Key Market Insights from the report:
The Global Corn Starch Market accounted for US$ 17.53 billion in 2020 and is estimated to be US$ 31.56 billion by 2030 and is anticipated to register a CAGR of 6.1%. Global Corn Starch Market has been segmented on the basis of product, application and region.
• By Product, the Global Corn Starch Market is segmented into Modified Starch, Native Starch, and Sweetener.
• By Application, the Global Corn Starch Market is segmented into Pharmaceuticals and Chemicals, Food and Beverages, Animal Feed, Textile, Paper Making, and Others.
• By region, the Global Corn Starch Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape:
Key players in the global corn starch market includes, Global Bio-chem Technology Group Company Limited, AGRANA – Beteiligungs AG, Cargill Incorporated, Tereos Syral S.A.S, Roquette Frères S.A., Kent Corporation – Grain Processing Corporation, Ingredion Incorporated, Associated British Foods plc, Archer Daniels Midland Company, and Tate and Lyle PLC.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts
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Last Updated September 17, 2021