Global Corn Starch Market: Increasing Consumption of Convenience Foods to Impel Demand, Says Tmr

Transparency Market
Research

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

Published Date
15-07-2016

159 Page Report

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Press Release
Global Corn Starch Market: Increasing Consumption of Convenience
Foods to Impel Demand, Says TMR

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Corn Starch Market

REPORT DESCRIPTION

With an increased focus on product innovation, the leading players in the global corn starch market, such
as Cargill Inc., Kent Corp., Archer Daniels Midland Co., and Associated British Foods plc., are aggressively
trying to enhance their visibility in this market, finds a study published by Transparency Market Research
(TMR).
The presence of a large pool of participants has intensified the rivalry within the market. To sustain this
competition in the long run, corn starch producers will need to shift their focus on increasing their
production capacity, states this report.
According to TMR, the global market for corn starch presented an opportunity worth US$21.1 bn in 2015.
Expanding at a CAGR of more than 4.80% during the period from 2016 to 2024, it is likely to increase to
US$32 bn by 2024. Globally, sweeteners are the most preferred products that contain corn starch. The
segment is expected to exhibit a CAGR of 5.40% over the forecast period.
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High Production of Corn to Ensure North America’s Dominance
Geographically, the global market for corn starch is spread across Asia Pacific, Latin America, North
America, Europe, and the Middle East and Africa. North America, supported by the high production of corn,
has acquired the top position in this market. In 2015, the...