Corn Starch Market Size Worth $18.9 Billion By 2026 - KBV Research

NEW YORK - Jan. 11, 2021 - PRLog -- According to a new report Global Corn Starch Market, published by KBV research, The Global Corn Starch Market size is expected to reach $18.9 billion by 2026, rising at a market growth of 7.2% CAGR during the forecast period.

Food and Beverage application is expected to grow at a significant CAGR during the foreseeable year. The increasing uses of corn starch as a thickening agent and as an artificial sweetener used in gluten-free food has caused a good growth of the corn starch market. The extensive application of corn starch in a range of industries can drive the growth of the corn starch market in the coming years.

The Sweetener market dominated the Global Corn Starch Market by Type 2019, growing at a CAGR of 6.3 % during the forecast period. The Modified market is experiencing a CAGR of 6.6% during (2020 - 2026). Additionally, The Native market would showcase the highest CAGR of 10% during (2020 - 2026).

North America has the largest revenue share of the global corn starch market. This is accredited to the presence of prominent corn starch manufacturers in the region. Though, the increasing population and surge in disposable income among consumers in developing economies like China, India, and Brazil is likely to expand in the coming years.

Global Corn Starch Market Segmentation

By Form

• Liquid
• Powder

By Type

• Sweetener
• Modified
• Native

By Application

• Food Ingredients
• Pharmaceuticals
• Other Applications

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Cargill Corporation
• Akzo Nobel N.V.
• Bayer AG
• Ajinomoto Co., Inc.
• Henkel AG & Company, KGaA
• Associated British Foods PLC (Wittington Investments Limited)
• Archer Daniels Midland Company
• BASF SE
• Tate & Lyle PLC
• Croda International PLC
• Structural Insights: https://www.kbvresearch.com/corn-starch-market/