Scope of the Study
Modified Corn starch, also referred to as corn flour, is a carbohydrate extracted from the endosperm of corn. It is used for various culinary, household, and industrial purposes. In the kitchen, corn starch is most often used as a thickening agent for sauces, gravies, glazes, soups, casseroles, pies, and other desserts. The surging consumption of ready-to-mix food items and increasing demand for cake mixes, coffee mixes has resulted in an increased demand for corn starch.
The market study is being classified by Type (Oxidized Corn Starch, Acid-modified Corn Starch and Cationic Wet End Corn Starch), by Application (Food & Beverages [Bakery & Confectionery Products, Beverages, Processed Foods, Others], Industrial [Medicines & Pharmaceuticals, Papermaking, Cosmetics, Weaving & Textiles, Others] and Animal Feed [Swine Feed, Ruminant Feed, Poultry Feed, Others]) and major geographies with country level break-up.
Archer Daniels Midland (ADM) (United States), Cargill (United States), Ingredion Incorporated (United States), Tate & Lyle Plc. (United Kingdom), Roquette (France), ACH Food Companies Inc. (United States), GEA Group Aktiengesellschaft (Germany), AVEBE (Netherlands), Nihon Shokuhin Kako (Japan) and Japan Corn Starch (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sanwa Starch Co. Ltd. (United States), Zhucheng Xingmao (China) and Xiwang Group (China).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Modified Corn Starch market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Modified Corn Starch market by Type, Application and Region.
On the basis of geography, the market of Modified Corn Starch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Population and Growing Economic Conditions across the Developing Economies
- Upsurging Demand for Ready-to-Eat Food Products
- Rising Use of Modified Food Starch in Manufacturing Biofuels
- Growing Adoption of Ethanol Instead of Other Petroleum Products
- Lack of Supply Chain Infrastructure from the Underdeveloped Regions
- Increasing Use in Manufacturing of Animal Feed Products, Pharmaceutical and Cosmetics Industry
- The Growth of Paper and Textile Industries in Making Clothes and Furniture Upholstery
- Unorganized Agriculture Sector Worldwide
- Required Level of Consistency in Raw Material Production
In July 2018, Ingredion launched new organic-certified corn starch ingredients in the company’s existing product portfolio of functional, clean-label starches. The company launched these products to meet the rising demand for pure, natural and clean label food ingredients.
“According to the Department Of Health And Human Services, food starch-modified should be safely used in food. The quantity of any substance employed to effect such modification shall not exceed the amount reasonably required to accomplish the intended physical or technical effect, nor exceed any limitation prescribed. To ensure the safe use of the food starch-modified, the label of the food additive container shall bear the name of the additive "food starch-modified" in addition to other information required by the Act.”
Key Target Audience
Modified Corn Starch Manufacturers, Modified Corn Starch Distributors and Traders, Upstream and Downstream Buyers, Research and Development Institutes, Raw Material Producers, Suppliers, and Distributors, Potential Investors and Venture Capitalists, Industry Associations and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase