Among different types of starches, corn starch is widely used in a diverse range of applications. Corn starch helps to stabilize and thicken the food products, by giving an additional taste to it. As per the report, the analysts of Fortune Business Insights analyzed that the market is expected to reach US$ 29.39 Bn by 2026, as against US$ 15.73 Bn in 2018.
The growing demand for comfort foods is creating fruitful grounds for the development of the global corn starch market. According to a report, published by Fortune Business Insights, titled, “CORN STARCH: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026” the market is expected to exhibit a healthy CAGR of 8.2% during the forecast period. As the demand for convenience foods increases, the use of starch and its byproducts increases rapidly.
Some of the Main Key Players Covered in the Report
- Ingredion Incorporated
- Tate and Lyle Plc
- Cargill Incorporated
- AGRANA – Beteiligungs AG
- Archer-Daniels Midland Company
- Global Bio-chem Technology Group Company Limited
- Tereos Syral S.A.S
- Associated British Foods plc
- Roquette Frères S.A.
- Kent Corporation (Grain Processing Corporation)
Leading Companies Are Planning to Optimize Their Product Offerings with New Product Launches
Companies in this market are embarking on new product launches and mergers and acquisitions (M&A) to gain an edge in the competition. Several companies are planning to optimize their product offerings. Tate and Lyle launched a clean-label corn starch called CLARIA in August 2017. This product aims to help food manufacturers fulfil the specific demand of their customers. Companies such as Ingredion Incorporated, Cargill Incorporated, Archer-Daniels Midland Company, and AGRANA – Beteiligungs AG are investing in research and development (R&D) activities and capacity expansion to offer new varieties of corn starch.
Some of the other players operating in the global corn starch market are Bio-chem Technology Group Company Limited, Associated British Foods plc, Tereos Syral S.A.S, Roquette Frères S.A., and Riddhi Siddhi Gluco Biols Ltd, and Kent Corporation (Grain Processing Corporation).
Some major points from Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
- Executive Summary
- Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
- Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Supply Chain Analysis
4.3. Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.4. Corn Starch Trade Analysis
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune – 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
More Trending Topics from Fortune Business Insights: