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Corn Starch Market Is Projected to Expand at a Cagr of over 4.8% from 2016 to 2024

  • Date Submitted: 07/21/2016 10:33 PM
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Transparency Market

Corn Starch Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024

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Press Release
Global Sales of Corn Starch Notched US$21.2 bn Mark in 2015;
Companies Stretching Application and Innovation Horizon, finds TMR

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Corn Starch Market


Expansion and innovation are the two pivots on which companies in the corn starch industry are carefully
balancing their growth strategies, finds Transparency Market Research (TMR) in a new study. With the
demand for modified corn starch growing from industries such as pharmaceutical and food and beverages,
global companies are focusing on expanding production capacity and acquiring regional entities. Names
such as Cargill Inc., Archer Daniels Midland Company, and Kent Corporation, and Associated British Foods
plc feature prominently on the leaderboard of the corn starch industry.
“Corn starch production is currently marked by trends such as the use of sophisticated enzymes to make
production more efficient and an undeniably strong consumer inclination toward clean-label starches. The
pharmaceutical industry, a key consumer of corn starch, is now more interested in modified starch than
ever before,” says a TMR analyst.
Paper, Textiles, and Convenience Foods Create a Growth Path Studded with Lucrative
The high output of maize, which is rich in starch, has augured well for the global corn starch market. The
increasingly popular use of genetically-modified corn have made high-yielding starch hybrids accessible. At
the same time, the growing consumption of convenience foods and encouraging year-on-year growth in
the paper industry are forces that are coming...


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